January 22Nd Morning Market Report: Pure Polyester Yarn, Cotton Yarn Price Is Still Stable.
| Varieties | January 21st price | Ups and downs | Company | |
| crude oil | WTI | -- | -- | USD / barrel |
| Brent | Sixty-two point seven four | +0.04 | USD / barrel | |
| raw material | Psf | Eight thousand and eight hundred | +125 | US dollar / ton |
| Viscose staple fiber | Thirteen thousand and three hundred | Zero | Yuan / ton | |
| 3128B lint | Fifteen thousand four hundred and fifty-two | +19 | Yuan / ton | |
| yarn | Ring T32S | 13200-13400 | Zero | Yuan / ton |
| Ring R40S | 19700-20400 | Zero | Yuan / ton | |
| T/C 65/35 32S | 17800-18500 | Zero | Yuan / ton | |
| Macro news | IMF lowered its world growth forecast in 2019 to 3.5%, the lowest in three years. British Prime Minister announced the "B plan", willing to allow parliamentary participation in more negotiations, the pound jumped. China's macro-economic data in December were slightly warmer, with above scale industrial added value and retail sales of consumer goods exceeding expectations. China's GDP growth rate was 6.6% in 2018, achieving the expected development target. The fourth quarter GDP growth rate reached a low of nearly ten years. Ministry of Finance: in 2018, the total profit of state-owned enterprises was 3 trillion and 390 billion yuan, up 12.9% over the same period last year. | |||
| Forecast today | Pure polyester yarn: yesterday (January 21, 2019) PTA futures main trading limit, night plate continued to rise, the cost side strong situation support low inventory of polyester staple fiber market, but pure polyester market trading has gradually slowed down, market sentiment is not enough, polyester yarn price overall or stable. | |||
| Human cotton yarn: viscose staple fiber market atmosphere is calm, human cotton yarn trading is also gradually slowing down, traders also enter the collection stage, the market various news surface or difficult to re promote the atmosphere before the festival, it is expected that today's cotton yarn market mainstream prices or remain stable. | ||||
| Industry start up rate | ||||
| industry | January 18th | January 21st | change | |
| Psf | 80.49% | 79.4% | -1.09% | |
| Viscose staple fiber | 84% | 84% | 0% | |
| loom | 55% | 54% | -1% | |
Source: lung Chung
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