Polyester industry chain: The market is adjusted in a narrow range and the downstream is appropriately covered in positions

I. the market trend chart of polyester industry chain

The market price index of ethylene glycol was 3968.33, up 6.35 from the previous working day.

 

China's PTA market price index was 5650 on June 21, up 15% from the previous working day.

 

On June 21, the market price index of polyester chips was 6700, unchanged from the previous working day. The market price index of polyester bottle chips was 6825, which was the same as that of 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 range of East China PTA is sorted out, and the reference is 5650 yuan / ton. This week and next week, the main port delivery 09 litres of water 85-95 near the transaction and negotiations, July delivery of 09 litres of water 90 near the main port transactions and negotiations. The futures market is strong and volatile, the spot basis is generally stable, the buying mood is cautious, and the market trading is light. Under the support of downstream rigid demand, the short-term market is expected to maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is adjusted slightly, the overall market atmosphere is light, and the purchase order is cautious. The quotation in East China revolves around 3935 yuan / ton, up 15 yuan / ton compared with the previous working day. The quotation in South China is around 4100 yuan / ton. Port inventory decreases, downstream rigid demand is stable, while downstream stock preparation enthusiasm is low. It is expected that the short-term market will be narrowly sorted out.

Polyester chip

Today, the polyester chip market maintains finishing. The cost support is stable, the offer of the slicing factory is stable, and the center of gravity of the market transaction is generally stable. Moderate replenishment of positions downstream, local factory production and sales volume. It is expected that the market price of polyester chips will be adjusted narrowly in the short term.

Polyester bottle chip

Today, the market of polyester bottle chips is arranged horizontally. Polyester raw material PTA market interval arrangement, cost support is stable, mainstream bottle chip manufacturers offer stable, dealer offer low end; downstream demand is light, market trading is low. It is expected that the short-term lactone bottle chip market may maintain finishing.

Polyester filament

Today, the market of polyester filament is weak. The cost end support is limited, most polyester manufacturers wait and see, a few manufacturers reduce prices and promote sales, and the focus of market negotiations is slightly down. Local production and marketing pick up, downstream hold a wait-and-see mentality, the overall production and marketing differentiation. It is expected that the market price of filament will be deadlocked in the short term.

Polyester staple fiber

Today, polyester staple fiber market maintains finishing. The cost forms the support to the market, some low prices may rise narrowly, and the low-end offer of the market decreases. The overall trading atmosphere of the market is OK, and the shipment of individual enterprises is better. 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 21 PTA main 2309 contract opening price: 5550, lowest price: 5502, highest price: 5632, closing price: 5576, settlement price: 5568, up 32, position: 1561983.

 

Ethylene glycol: June 21 EG main contract 2309 opening price: 4005, lowest price: 3992, highest price: 4042, closing price: 3993, settlement price: 4019, down 6, position: 466011.

V. production and marketing data of polyester market

VI. Future forecast

There are many external unstable factors, polyester raw materials PTA and ethylene glycol market spot supply increased, while downstream polyester load is high, market rigid demand support, short-term market will be narrow consolidation, high cost support. Polyester market is mainly cautious wait-and-see, terminal appropriate amount of replenishment, market production and sales rebounded. 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.