Polyester: The market pulls up across the board, and production and sales pick up

113,003

May 29, 2023, 4:20 PM

1. Market trend chart of polyester products

On May 29, the polyester chip market price index was 6775, up 25 from yesterday and 0.37% month-on-month.

On May 29, the market price index of polyester bottles and chips was 7000, up 50 from yesterday and 0.72% month-on-month.

2. Summary of market prices of polyester products

products	specifications	market	2023.5.29	2023.5.26	rise and fall	remarks
polyester chip	semi-optical sectioning	East China	6775	6750	+25	Ex-factory tax included, RMB/ton
polyester chip	light slicing	East China	6750	6725	+25	Ex-factory tax included, RMB/ton
products	specifications	market	2023.5.29	2023.5.26	rise and fall	remarks
polyester bottle flakes	Water Bottle (IV.= 0.8）	East China	7000	6950	+50	Ex-factory tax included, RMB/ton
	Oil bottle grade		7000	6950	+50	Ex-factory tax included, RMB/ton
	hot canned grade		7000	6950	+50	Ex-factory tax included, RMB/ton
	carbonic acid grade		7100	7050	+50	Ex-factory tax included, RMB/ton
	Water Bottle (IV.= 0.8）	South China	7000	6950	+50	Ex-factory tax included, RMB/ton
	Oil bottle grade		7000	6950	+50	Ex-factory tax included, RMB/ton
	hot canned grade		7000	6950	+50	Ex-factory tax included, RMB/ton
	carbonic acid grade		7100	7050	+50	Ex-factory tax included, RMB/ton
	Water Bottle (IV.= 0.8）	North China	7100	7050	+50	Ex-factory tax included, RMB/ton
	Oil bottle grade		7100	7050	+50	Ex-factory tax included, RMB/ton
	hot canned grade		7100	7050	+50	Ex-factory tax included, RMB/ton
	carbonic acid grade		7200	7150	+50	Ex-factory tax included, RMB/ton
products	specifications	market	2023.5.29	2023.5.26	rise and fall	remarks
polyester filament	Jiangsu and Zhejiang markets DTY 150D/48F	East China	8750	8625	+125	Ex-factory tax included, RMB/ton
	Jiangsu and Zhejiang markets FDY 150D/96F		8050	7975	+75	Ex-factory tax included, RMB/ton
	Jiangsu and Zhejiang market POY 150D/48F		7350	7275	+75	Ex-factory tax included, RMB/ton
	Jiangsu and Zhejiang market POY75D/72F		7650	7600	+50	Ex-factory tax included, RMB/ton
	Fujian market POY75D/72F		7800	7800	0	Ex-factory tax included, RMB/ton
products	specifications	market	2023.5.29	2023.5.26	rise and fall	remarks
polyester staple yarn	Semi-optical original white 1.56*38	Jiangsu	7250	7200	+50	Ex-factory tax included, RMB/ton
	Semi-optical original white 1.56*38	Fujian	7375	7350	+25	Ex-factory tax included, RMB/ton
	Semi-optical original white 1.56*38	Shandong	7300	7250	+50	Ex-factory tax included, RMB/ton
	Semi-optical original white 1.56*38	Zhejiang	7250	7175	+75	Ex-factory tax included, RMB/ton
	Semi-optical original white 1.56*38	Hebei	7350	7325	+25	Ex-factory tax included, RMB/ton

3. Brief introduction to the polyester product market

polyester chip

Today, the polyester chip market is narrow and strong. The PTA market for polyester raw material rose, cost support increased, some slicing factories slightly increased their offers by 50 yuan/ton, and the focus of market transactions rose slightly. Downstream just needed replenishment, and market production and sales rebounded. It is expected that the market price of polyester chips may adjust within a narrow range with costs in the short term.

polyester bottle flakes

Today, the market focus of the polyester bottle sheet market rose slightly. The rise in raw materials has promoted the market. The offer of mainstream bottle and chip manufacturers has increased by 50 yuan/ton, and the offer of dealers has increased slightly. The downstream is mainly cautious and wait-and-see, and the market trading atmosphere is general. It is expected that the polyester bottle sheet market may fluctuate within a narrow range in the short term.

polyester filament

The polyester filament market rose within a narrow range today. Driven by the rise in raw materials, polyester manufacturers have raised their offers by 50-100 yuan/ton. The market is reluctant to sell at low prices, and the market center of gravity has increased slightly. The downstream is mainly actively replenishing goods, and market production and sales are acceptable. It is expected that the filament market price may fluctuate within a narrow range in the short term.

polyester staple fiber

Today, the polyester staple fiber market is highly volatile. Driven by the rise in raw material PTA, the market price of staple fiber rose slightly. Driven by rising downstream buying sentiment, production and sales in some areas have improved. It is expected that the short-term polyester staple fiber market price may fluctuate within a narrow range.

4. Polyester market production and sales data

products	2023.5.29	2023.5.26	rise and fall	units
polyester chip	80%	60%	+20%	%
polyester filament	75%	40%	+35%	%
polyester staple fiber	70%	30%	+40%	%
textile city	862	1116	-254	ten thousand meters

5. Polyester raw material market

products	2023/5/29	2023/5/26	rise and fall	units
PTA Price Index	5605	5515	+90	Yuan/ton
PTA main contract settlement	5450	5348	+102	Yuan/ton
Ethylene glycol price index	4029.29	4049.96	-20.67	Yuan/ton
Ethylene glycol main contract settlement	4070	4043	+27	Yuan/ton

6. Future outlook forecast

The PTA market for polyester raw materials is strengthening, and costs are driving the market. The market is mainly cautious and wait-and-see. The downstream just needs replenishment, and the market production and sales have improved. It is expected that the short-term polyester market price may adjust within a narrow range despite costs. Later, we will focus on changes in the raw material market and demand side.