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February 20Th Market Morning Post: Polyester Chip Downward Pressure Does Not Decrease

2020/2/20 10:59:00 157

PET Chip

One Today's concern

One ) Policy push Promoting enterprises to resume work and resume production in an orderly way

Two ) Central Bank of China Two thousand Billion MLF Operation, interest rate reduction Ten Base point; market forecast for Thursday LPR Interest rates will also be lowered.

Two Polyester chip basic data  

Three List of closing prices

Four Suggestions for trading

Polyester start-up load is still below 6%, which is dragged down by PTA and ethylene glycol. However, the stock pressure of polyester chip plant has increased sharply, but the downstream demand has not improved. So in the short term, the downward pressure on PET chip market is not decreasing.

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