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January 17Th Morning Market Report: Polyester Chip Prices Fluctuate Narrowly.
| Varieties | January 16th price | Ups and downs | Company | |
| crude oil | WTI | Fifty-two point three one | +0.20 | USD / barrel |
| Brent | Sixty-one point three two | +0.68 | USD / barrel | |
| raw material | PX | One thousand and seventy | -4 | US dollar / ton |
| PTA | Six thousand three hundred and twenty | +20 | Yuan / ton | |
| MEG | Five thousand one hundred and seventy-five | +10 | Yuan / ton | |
| PET chip | Semi optical section | Seven thousand six hundred and fifty | Zero | Yuan / ton |
| Bright section | Seven thousand and seven hundred | Zero | Yuan / ton | |
| Macro news | US stocks rose, Goldman Sachs rose nearly 10%, the largest single day gain in 10 years, the US bank rose 7%, and palladium futures reached a new high. | |||
| Forecast today | Crude oil rebound, polyester cost surface support is favorable, the recent polyester chip manufacturers inventory is low, production and marketing situation is acceptable, downstream demand is acceptable. But near the Spring Festival, many downstream markets are facing the expectation of parking overhaul. Polyester chip manufacturers to increase the intensity is limited, prudent operation. It is expected that the price of polyester chips will fluctuate narrowly today. | |||
| Industry start up rate | ||||
| industry | January 15th | January 16th | change | |
| PTA | 77.22% | 77.22% | 0% | |
| polyester | 81.63% | 81.63% | 0% | |
| Jiangsu and Zhejiang looms | 63% | 63% | 0% | |
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