Polyester industry chain: Cost drives the entire market to become popular

I. the market trend chart of polyester industry chain

On June 14, the market price index of ethylene glycol was 3951.38, up 12.48 from the previous working day.

 

China's PTA market price index was 5630 on June 14, up 100 from the previous working day.

 

On June 14, the market price index of polyester chips was 6725, up 25% from the previous working day. The market price index of polyester bottle chips was 6850, up 75% from the previous working day.

 

II. Summary of market price of polyester industry chain

III. Brief introduction of Polyester Industry chain Market

PTA

Today, the spot market of East China PTA rebounded sharply, with a reference of 5630 yuan / ton. This week and next week, the main port delivery 09 litres of water 115 near the deal and negotiations, the next June delivery of 09 litres of water 110-120 near the transaction and negotiations. The strong strength of international crude oil promotes the formation of the market, and the spot market is expected to rise. Supply pressure will gradually emerge, demand will continue to follow up insufficient, and contradictions between supply and demand will accumulate. The short-term market is expected to maintain range volatility.

Glycol

Today, the market price of ethylene glycol is narrow and strong. The trading atmosphere in the market was general, with quotations in East China around 3895 yuan / ton, up 20 yuan / ton from the previous working day. The quotation in South China is around 4100 yuan / ton, and the negotiation range is narrowed. China maintains a tight balance between supply and demand, while the downstream demand side lacks speculative procurement. It is expected that the short-term market will be narrowly sorted out.

Polyester chip

Today, the polyester chip market is strong and volatile. International oil prices rebounded strongly, polyester raw material PTA market rose, cost-driven, the market center of gravity is stable and warm, low-cost supply still exists. The purchase of gas in the market has greatly increased, and the production and marketing of enterprises have improved. It is expected that the market price of polyester chips will be adjusted narrowly in the short term.

Polyester bottle chip

Today, the market center of gravity of the polyester bottle chip market rose slightly. Driven by the rise of polyester raw materials PTA, mainstream bottle chip manufacturers offer up 50 yuan / ton, dealers offer slightly higher; downstream cautious wait-and-see-based, light market trading. It is expected that the short-term lactone bottle chip market may fluctuate in a narrow range.

Polyester filament

The market of polyester filament fell slightly today. The trend of polyester raw materials has become stronger, but recently, polyester filament production and sales are under pressure, most manufacturers continue to let profit delivery model, the focus of market transactions continue to explore. Downstream active procurement, market production and sales volume. Filament market prices are expected to maintain a volatile trend in the short term.

Polyester staple fiber

Polyester staple fiber market rose slightly today. The rising cost has led to a slight rise in the price of staple fiber in China, but the downstream is cautious in chasing the rise, the market procurement enthusiasm has faded slightly, and the overall enterprise production and marketing is OK. It is expected that the market price of short-term polyester staple fiber will fluctuate in a narrow range.

IV. Polyester Raw material Futures Market

PTA:6 14 PTA main force 2309 contract opening price: 5510, lowest price: 5470, highest price: 5602, closing price: 5592, settlement price: 5536, up 170,170, position: 1679150.

 

Ethylene glycol: EG main contract 2309 opening price: 3963, lowest price: 3953, highest price: 4002, closing price: 3966, settlement price: 3976, up 18, position: 512716.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market remains strong, and the cost promotes the market. The market supply pressure of polyester raw material PTA and ethylene glycol will increase, but the downstream polyester load is high, under the support of rigid demand, the market will be arranged in a narrow range, and the cost will promote the market. The market is mainly cautious wait-and-see, downstream bargain procurement, market production and marketing improved. It is expected that short-term polyester market prices may fluctuate narrowly with costs. Pay close attention to the changes of raw material market and demand side in the later stage.