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    January 25Th Market Morning Post: Pure Polyester Yarn, Cotton Yarn Gradually Withdraw From The Market

    2019/1/25 11:51:00 11

    Pure Polyester YarnMan Cotton Yarn

    Varieties

    January 24th price

    Ups and downs

    Company

    crude oil

    WTI

    Fifty-three point one three

    +0.51

    USD / barrel

    Brent

    Sixty-one point zero nine

    -0.05

    USD / barrel

    raw material

    Psf

    Eight thousand eight hundred and fifty

    Zero

    US dollar / ton

    Viscose staple fiber

    Thirteen thousand and three hundred

    Zero

    Yuan / ton

    3128B lint

    Fifteen thousand four hundred and eighty-eight

    +9

    Yuan / ton

    yarn

    Ring T32S

    13300-13500

    Zero

    Yuan / ton

    Ring R40S

    19700-20400

    Zero

    Yuan / ton

    T/C 65/35 32S

    17800-18500

    Zero

    Yuan / ton

    Macro news

    The European Central Bank has refused to move on, reiterated its interest rate unchanged at least until the summer of 2019; Draghi, as scheduled, "pigeons", calling the risk of the economic outlook relatively low, and still needs large-scale stimulus to maintain inflation, and the euro plummeted.

    Trump's chief economic adviser predicted that the US non farm data in January would be amazing and the US dollar jumped.

    In January, the PMI value of manufacturing in the euro area reached a new low of four years. The initial value of PMI in German manufacturing industry fell for the first time in four years.

    Forecast today

    Pure polyester yarn: along with the gradual delisting of workers, the production of polyester yarn has been gradually reduced, and yarn enterprises have limited intention to sell new products. Some of the discussions also focus on full payment, and the price can not be obviously concession.

    Human cotton yarn: traders of weaving and yarn have been gradually closed down, and the new single paction of the cotton yarn market has continued to slow down, and the yarn business has also concluded the repayment. The price adjustment is of limited significance.

    Industry start up rate

    industry

    January 23rd

    January 24th

    Percentage change

    Psf

    78.7%

    78.6%

    -0.1%

    Viscose staple fiber

    84%

    80%

    -4%

    loom

    50%

    50%

    0%



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    Read the next article

    January 25Th Market Morning Post: In The Short Term, PTA Prices Fell.

    Yesterday (January 24, 2019) the PTA futures market was weak and volatile, and the spot price was stable and small. The negotiating price was 6340-6500 yuan.

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