China Market Trend (08st JUNE, 2020- 22nd JUNE, 2020 )

روند نمودار نخ  و الیاف در چین

WTI

Crude oil: USD39.75/barrel

PX

PX: USD560/ton

PTA

PTA: USD 425/ton

MEG 

MEG: USD427/ton

Market Trend:

The overnight crude oil rising, which makes polyester raw material range-bound fluctuated. On product side, end demand remains weak and recent production and sales keeps light volume, while short-term polyester inventory pressure is not high. So polyester market is expected be range-bound. It is suggested that you can purchase as per your firm demand in order to avoid any market risk. Focus on macro economy, crude oil and the trend of polyester raw materials.

Buying and selling yarn

short link

https://iranyarn.ir/c/tjls

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