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Polyester: High costs drive the market to continue to rise

114,744
May 30, 2023, 4:14 PM

1. Market trend chart of polyester products

On May 30, the polyester chip market price index was 6825, up 50 from yesterday and 0.74% month-on-month.

On May 30, the market price index of polyester bottles and chips was 7025, up 25 from yesterday and 0.36% month-on-month.

 

2. Summary of market prices of polyester products

products

specifications

market

2023.5.30

2023.5.29

rise and fall

remarks

polyester chip

semi-optical sectioning

East China

6825

6775

+50

Ex-factory tax included, RMB/ton

light slicing

6800

6750

+50

Ex-factory tax included, RMB/ton

products

specifications

market

2023.5.30

2023.5.29

rise and fall

remarks

polyester bottle flakes

Water Bottle (IV.= 0.8)

East China

7025

7000

+25

Ex-factory tax included, RMB/ton

Oil bottle grade

7025

7000

+25

Ex-factory tax included, RMB/ton

hot canned grade

7025

7000

+25

Ex-factory tax included, RMB/ton

carbonic acid grade

7125

7100

+25

Ex-factory tax included, RMB/ton

Water Bottle (IV.= 0.8)

South China

7025

7000

+25

Ex-factory tax included, RMB/ton

Oil bottle grade

7025

7000

+25

Ex-factory tax included, RMB/ton

hot canned grade

7025

7000

+25

Ex-factory tax included, RMB/ton

carbonic acid grade

7125

7100

+25

Ex-factory tax included, RMB/ton

Water Bottle (IV.= 0.8)

North China

7125

7100

+25

Ex-factory tax included, RMB/ton

Oil bottle grade

7125

7100

+25

Ex-factory tax included, RMB/ton

hot canned grade

7125

7100

+25

Ex-factory tax included, RMB/ton

carbonic acid grade

7225

7200

+25

Ex-factory tax included, RMB/ton

products

specifications

market

2023.5.30

2023.5.29

rise and fall

remarks

polyester filament

Jiangsu and Zhejiang markets DTY 150D/48F

East China

8775

8750

+25

Ex-factory tax included, RMB/ton

Jiangsu and Zhejiang markets FDY 150D/96F

8075

8050

+25

Ex-factory tax included, RMB/ton

Jiangsu and Zhejiang market POY 150D/48F

7375

7350

+25

Ex-factory tax included, RMB/ton

Jiangsu and Zhejiang market POY75D/72F

7700

7650

+50

Ex-factory tax included, RMB/ton

Fujian market POY75D/72F

7800

7800

0

Ex-factory tax included, RMB/ton

products

specifications

market

2023.5.30

2023.5.29

rise and fall

remarks

polyester staple yarn

Semi-optical original white 1.56*38

Jiangsu

7300

7250

+50

Ex-factory tax included, RMB/ton

Semi-optical original white 1.56*38

Fujian

7400

7375

+25

Ex-factory tax included, RMB/ton

Semi-optical original white 1.56*38

Shandong

7350

7300

+50

Ex-factory tax included, RMB/ton

Semi-optical original white 1.56*38

Zhejiang

7300

7250

+50

Ex-factory tax included, RMB/ton

Semi-optical original white 1.56*38

Hebei

7375

7350

+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. Driven by high costs and tight shipments from slicing factories, some manufacturers have slightly increased their offers, and the market center of gravity continues to rise slightly. The downstream chasing sentiment is not good, and the market trading atmosphere is weak. 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. Supported by high costs, offers from mainstream bottle and chip manufacturers have temporarily stabilized, while offers from dealers have continued to rise slightly. 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 slightly today. The raw material market remained high. With the support of costs, polyester factories actively increased, and manufacturers 'offers continued to increase or reduce discounts, ranging from 50 to 100 yuan/ton. Downstream chasing prices cautiously, and market production and sales fell. 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 remained strong and volatile. Driven by the high PTA of raw materials, the market price of staple fiber continued to rise. The downstream is mainly in need of replenishment, and the market production and sales are light. 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

2023.5.30

2023.5.29

rise and fall

units

polyester chip

60%

80%

-20%

%

polyester filament

50%

75%

-25%

%

polyester staple fiber

30%

70%

-40%

%

textile city

799

862

-63

ten thousand meters

5. Polyester raw material market

products

2023/5/30

2023/5/29

rise and fall

units

PTA Price Index

5600

5610

-10

Yuan/ton

PTA main contract settlement

5458

5450

+8

Yuan/ton

Ethylene glycol price index

4021.91

4029.29

-7.38

Yuan/ton

Ethylene glycol main contract settlement

4062

4070

-8

Yuan/ton

6. Future outlook forecast

The PTA market for polyester raw materials remains consolidated, and the cost push to the market weakens. The market was mainly cautious and wait-and-see, and the downstream just needed replenishment, and market production and sales fell. It is expected that the short-term polyester market price may adjust within a narrow range with costs. Later, we will focus on changes in the raw material market and demand side.