Early closing of Futures: on January 6, the futures price of pf2105 contract closed at 6714, up 4.55% from the same period last week. Intraday and closing all hit a new high since the listing.
Spot price: the average price of East China staple fiber is 6100 yuan / ton, up 150 yuan / ton or 2.52% over the same period last week.
Upstream: on the 5th, the 13th OPEC + ministerial meeting ended. Saudi Arabia said it would unilaterally cut production by 1 million barrels per day on the basis of its existing crude oil production quota. Affected by the news, crude oil in New York rose to about $50 / barrel.
Supply: Sanfangxiang (600370) 200 kt PET staple fiber plant was overhauled on December 31, Suqian Yida 400 kt / a PET staple fiber plant was overhauled on July 7, and Fujian Xianglu about 160 KT PET staple fiber plant was planned to start overhauling in mid January, resulting in short-term PET staple fiber spot market supply contraction.
Production and marketing: after new year’s day, the production and marketing of polyester staple fiber is still at a relatively high level.
Caution in the future.
| Thiourea |