June 28, 2020

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.

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