Home >
February 20Th Market Morning Post: Short-Term PX Prices Have Risen
1, today's main points of concern
Pay close attention to polyester boot operation; pay attention to PTA inventory and start up changes; pay attention to PX plant startup and change.
2, PX basic data
4.1 yesterday's market situation
Yesterday, the Asian PX market closed at 751.83 US dollars / ton CFR China and 733.83 US dollars / ton FOB Korea, up 8.66 US dollars / ton compared with the previous working day. Naphtha prices rose considerably, and PXN rose 6.715 US dollars to 258.33 US dollars per ton. Exxon Mobil yesterday announced that its 800 thousand ton / year parylene plant was initially repaired for 2 months, leading to tight worries about spot supply. PX prices rose sharply, and short-term PX prices were expected to continue to rise.
4.2 upstream market
(1) 2/19: US sanctions against Russia's oil company's subsidiary, Libya's crude oil supply is facing contraction risk, coupled with the improvement of public health factors, and the international oil price is up seven. WTI53.29 rose 1.24 US dollars / barrel; Brent 59.12 increased 1.37 US dollars / barrel. China's SC crude oil futures rose 2004 to 3.6 yuan to 411.4 yuan / barrel.
(2) yesterday, the price of MX was 648 US dollars / ton CFR Taiwan, up 12 US dollars / ton; naphtha price was US $493.5 / ton CFR Japan, up 15.375 US dollars / ton compared with the previous working day.
4.3 short term forecast
Overnight oil prices rose sharply, while Exxon Mobil's unexpected downtime news had a greater positive impact on the PX market. It is expected that the early PX price will be strong.
Pay close attention to polyester boot operation; pay attention to PTA inventory and start up changes; pay attention to PX plant startup and change.
2, PX basic data
Three List of closing prices
4.1 yesterday's market situation
Yesterday, the Asian PX market closed at 751.83 US dollars / ton CFR China and 733.83 US dollars / ton FOB Korea, up 8.66 US dollars / ton compared with the previous working day. Naphtha prices rose considerably, and PXN rose 6.715 US dollars to 258.33 US dollars per ton. Exxon Mobil yesterday announced that its 800 thousand ton / year parylene plant was initially repaired for 2 months, leading to tight worries about spot supply. PX prices rose sharply, and short-term PX prices were expected to continue to rise.
4.2 upstream market
(1) 2/19: US sanctions against Russia's oil company's subsidiary, Libya's crude oil supply is facing contraction risk, coupled with the improvement of public health factors, and the international oil price is up seven. WTI53.29 rose 1.24 US dollars / barrel; Brent 59.12 increased 1.37 US dollars / barrel. China's SC crude oil futures rose 2004 to 3.6 yuan to 411.4 yuan / barrel.
(2) yesterday, the price of MX was 648 US dollars / ton CFR Taiwan, up 12 US dollars / ton; naphtha price was US $493.5 / ton CFR Japan, up 15.375 US dollars / ton compared with the previous working day.
4.3 short term forecast
Overnight oil prices rose sharply, while Exxon Mobil's unexpected downtime news had a greater positive impact on the PX market. It is expected that the early PX price will be strong.
- Related reading
Polyester Stock Market Saturation: PTA Stock Breakthrough 2 Million Tons, Polyester Filament Stock Close To 30 Days!
|
2020/2/19 10:17:00
0
The Total Start-Up Of Polyester Has Dropped To 65% Near The Low Polyester Filament Market.
|
2020/2/19 10:17:00
1
- Fashion brand | Bape X Cox Joint Series Officially Opened This Week, And New York Collided With Tokyo.
- Instant news | Bill: The Masks Produced By The Company Are Expected To Be Finished In Mid March.
- Daily headlines | The Director Of Zhejiang Provincial Chamber Of Commerce Has Come To The Research And Guidance Work Of Online Textile City.
- Fashion shoes | Vans New Origami Series Shoes Are On Sale, Sculpture As Inspiration.
- Expert commentary | Dezhou, Shandong: Cotton Production And Sales Remain Stagnant
- Fabric accessories | The Joint Defense And Joint Control Mechanism Of The State Council: Transformation Of Scarce Goods, Supply And Support Of Basic Supply
- Fabric accessories | Trade Between Burma And Thailand Benefits From Border Bridge Opening And Cross-Border Transport Facilitation Agreements
- Fashion brand | KAWS New Companion Doll Is Released In Advance To Reproduce The Classic Primary Colors.
- News Republic | The Proportion Of China'S Clothing Imports Fell Sharply In The Fourth Quarter Of Last Year.
- News Republic | Let'S Take A Look At Your Suit. Shanghai 3 Batches Of Assault Clothing Failed Sampling
- Bape X Cox Joint Series Officially Opened This Week, And New York Collided With Tokyo.
- Bill: The Masks Produced By The Company Are Expected To Be Finished In Mid March.
- The Director Of Zhejiang Provincial Chamber Of Commerce Has Come To The Research And Guidance Work Of Online Textile City.
- Vans New Origami Series Shoes Are On Sale, Sculpture As Inspiration.
- Dezhou, Shandong: Cotton Production And Sales Remain Stagnant
- The Joint Defense And Joint Control Mechanism Of The State Council: Transformation Of Scarce Goods, Supply And Support Of Basic Supply
- Trade Between Burma And Thailand Benefits From Border Bridge Opening And Cross-Border Transport Facilitation Agreements
- KAWS New Companion Doll Is Released In Advance To Reproduce The Classic Primary Colors.
- The Proportion Of China'S Clothing Imports Fell Sharply In The Fourth Quarter Of Last Year.
- Let'S Take A Look At Your Suit. Shanghai 3 Batches Of Assault Clothing Failed Sampling