Weekly Report on Bulk Textile Material,Feb.13-17

This week, international oil price continued to shock. Ended by Thursday, NY oil February futures closed at 53.36 dollars/bbl, Brent March futures closed at 55.65 dollars/bbl.

As for PTA, PTA price increased first and then declined this week. Ended by Friday, the quotation was about 5,560 Yuan/ton in domestic market.In addition, MEG price was about 7,520 Yuan/ton in domestic market and 893dollars/ton in overseas market.

And about PFY,ended by Friday, the quotation of POY 75D/72F were about 9,800 Yuan/ton and POY 150D/144F was about 9,300 Yuan/ton in a factory in China-Tongxiang.

And for the operating rate, the average operating rate of PTA was about 69.6% this week ,which went up 2.7% than last week. In addition, the load increased to 80%.