China Market Trend 3rd Feb., 2020- 17th Feb., 2020

روند نمودار نخ  و الیاف در چین

WTI

Crude oil: USD 52.05/barrel

 

PX

PX: USD 723/ton

PTA

PTA: USD 560/ton

    MEG

MEG: USD522/ton

Market Trend

The slight increase of crude oil led to fluctuation of polyester raw Materials, but polyester trading market still keep close due to delayed recovery of downstream production and constrained logistics transportation. With the prediction of polyester market mainly being subject to interval shocks, please focus on recovery of downstream production, maintain situation of yarn factories and trend of raw material prices.

This week, factories and logistics transportation will gradually get on track, and Chinese market consumption is recovering on the way. It is suggested that you can purchase as per your firm demand in order to avoid any market risk.

 

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