February 14Th Morning Market Report: Polyester Staple Fiber Market Returns Slow Recovery
Overnight oil prices have risen, but PTA has seen a big decline in its own backlog, the polyester market has been dragged down, and downstream businesses have not yet fully recovered, and the market for polyester staple fiber has been slow to recover, and there is a certain market expectation.
However, the short-term inventory of enterprises is relatively low, and a small number of enterprises are still in the parking. Therefore, prices are expected to remain stable.
Varieties | Two month Thirteen Daily price | Ups and downs | Company | |
crude oil |
WTI |
Fifty-three point nine zero |
+0.80 | dollar / bucket |
Brent |
Sixty-three point six one |
+1.19 | dollar / bucket | |
raw material |
PX |
One thousand and ninety-three point six seven |
-15.33 | dollar / ton |
PTA |
Six thousand five hundred and seventy-five |
-125 | element / ton | |
MEG |
Five thousand and fifty-five |
-50 | element / ton | |
Psf | Jiangsu and Zhejiang market |
Eight thousand eight hundred and fifty |
Zero | element / ton |
Fujian Market |
Nine thousand |
Zero | element / ton | |
Shandong and Hebei markets |
Nine thousand |
Zero | element / ton | |
downstream |
T32S |
Thirteen thousand and four hundred |
Zero | element / ton |
T40S/2 |
Seventeen thousand nine hundred and fifty |
Zero | element / ton | |
Focus News |
One US stocks rose again, the US dollar rose and oil prices rose. 2% Funny headlines 10%
Two The United States One month CPI Year-on-year growth 1.6% Speed up Nineteen New month low; but core. CPI Year-on-year growth 2.2%
Three A senior Federal Reserve official said that the next few meetings will determine the end of the scale reduction plan; several senior officials said that the interest rate should be increased at least once this year.
Four British inflation has fallen below the central bank's target for the first time in two years. 2%
Five The Central Bank of China once again issued a central bank vote in Hongkong. | |||
prediction |
One China may be released within the next day One Monthly finance, credit and money volume data
Two China will be announced in the morning. One Monthly trade account, import and export data
Three The United States will be announced in the evening. Twelve Monthly retail sales, One month PPI | |||
Industry start up rate | ||||
industry |
Two month Twelve day |
Two month Thirteen day | change | |
PTA |
82.86% |
84.18% |
+1.32% | |
polyester |
79.69% |
80.42% |
+0.73% | |
Psf |
70.76% |
70.76% |
0% | |
Jiangsu and Zhejiang looms |
36% |
38% |
+2% | |
Remarks: the PTA utilization rate is calculated with effective capacity of 49 million 290 thousand tons, the base capacity of polyester production is 55 million 250 thousand tons, and the productivity of polyester staple is 7 million 371 thousand tons.
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