April 1, 2020

China Market Trend (9th MAR.,2020- 23rd MAR.,2020)

روند نمودار نخ  و الیاف در چین

WTI

Crude oil: USD22.63/barrel

 

PX: US523/ton

 


 

PTA: USD 450/ton

 


MEG: USD428/ton


 

Market Trend:

Affected by the epidemic, global financial markets are not optimistic, plus the crude oil falling, which makes short-term polyester cost end extended weak shock. Export orders obviously declining, Terminal demand continues to be constrained. Under the pressure of inventory products processing fee may be compressed. The polyester market is expected to be weak fluctuate. Focusing on macro trend, the trend of polyester raw materials and downstream bargain-hunting mentality.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

.