February 22Nd Quotation: The Center Of Gravity Of Pure Polyester Yarn Is Expected To Be A Small Number Of Cotton Yarns With Small Orders.

crude oil

WTI

Fifty-six point nine six

-0.2

USD / barrel

Brent

Sixty-seven point zero seven

-0.01

USD / barrel

raw material

Viscose staple fiber

Thirteen thousand and five hundred

Zero

Yuan / ton

3128B

Fifteen thousand four hundred and eighty-five

Zero

Yuan / ton

Psf

Eight thousand and eight hundred

Zero

Yuan / ton

yarn

Ring R40S

19700-20400

Zero

Yuan / ton

Ring T32S

13500-13700

Zero

Yuan / ton

Macro news

Europe and the United States economic data is not good, the NASDAQ stopped rising eight times, vip.com fell nearly 14%, the US dollar rose, the US debt fell.

US housing sales in January plummeted again, hitting a three year low of two consecutive months.

American authoritative journals no longer recommend Model 3, Tesla plunged 3.7%.

Baidu's fourth quarter earnings declined by two digits, but still better than Wall Street's expectations.

In February, the euro zone's manufacturing PMI fell below the ups and downs, hitting a 68 month low.

The ECB's January summary: consider providing banks with a new round of cheap long-term loans, and trade conflicts are increasingly affecting economic growth.

On Thursday, the people's Bank of China issued PSL 71 billion 900 million yuan, with no repurchase on that day.

Forecast today

Pure polyester yarn: the polyester staple market is coming near the stage and the yarn manufacturer's stock node is selling or maintaining its stability today. However, the new yarn of pure polyester yarn generally affects the number of polyester staple fibers purchased, so that the price of polyester staple fiber will decline moderately, so the center of gravity of polyester yarn is expected to be weak.

Human cotton yarn: viscose staple fiber market atmosphere is calm, people cotton yarn current orders trading mostly small single room, and accordingly will not rush to increase procurement for raw materials. Therefore, the supply and demand of both sides will not have obvious effect for the time being. The focus will continue to pay close attention to the closing situation near the end of the month.

Industry start up rate

industry

Two

Two

Percentage change

Viscose staple fiber

85.01%

85.01%

0%

Psf

79.32%

82%

+2.68%

loom

54%

58%

+4%

Remarks: the production capacity of polyester staple fiber is 7 million 471 thousand tons / year, and the viscose staple fiber production base is 4 million 965 thousand tons / year.