January 16Th Market Morning Paper: Polyester Staple Prices Are Expected To Be Stable.
| Varieties | January 15th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point one one | +1.6 | USD / barrel |
| Brent | Sixty point six four | +1.65 | USD / barrel | |
| raw material | PX | One thousand and seventy-four point four two | +3.42 | US dollar / ton |
| PTA | Six thousand and three hundred | +35 | Yuan / ton | |
| MEG | Five thousand one hundred and sixty-five | +25 | Yuan / ton | |
| Psf | Jiangsu and Zhejiang market | Eight thousand six hundred and seventy-five | +25 | Yuan / ton |
| Fujian Market | Eight thousand and seven hundred | Zero | Yuan / ton | |
| Shandong and Hebei markets | Eight thousand eight hundred and twenty-five | Zero | Yuan / ton | |
| downstream | T32S | 13200-13300 | Zero | Yuan / ton |
| T40S/2 | 17800-17900 | Zero | Yuan / ton | |
| Macro news | China's new RMB loans and social and financial mix exceeded expectations in December, and the growth rate of social inclusion was only 9.8%. M2 met expectations, slightly slower than the historical minimum growth rate; M1 remained the lowest growth rate in January 2014. | |||
| Forecast today | The rise in oil prices has certainly boosted the market. PTA futures rose sharply and cost support was acceptable. However, considering the demand side acceptance, the price of polyester staple fiber is expected to be stable or stable. | |||
| Industry start up rate | ||||
| industry | January 14th | January 15th | change | |
| PTA | 77.22% | 72.93% | -4.59% | |
| polyester | 81.77% | 81.64% | -0.13% | |
| Psf | 80.49% | 80.49% | 0% | |
| Jiangsu and Zhejiang looms | 63% | 63% | 0% | |
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