Polyester industry chain: The market is sideways and the wait-and-see atmosphere is strong

I. the market trend chart of polyester industry chain

On June 25, the market price index of ethylene glycol was 3947.01, down 21.32 from the previous working day.

 

On June 25th, China's PTA market price index was 5650, unchanged from the previous working day.

 

On June 25, the market price index of polyester chips was 6700, unchanged from the previous working day. The market price index of polyester bottle chips was 6850, up 25% 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 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 90-100 near the transaction and negotiations, July delivery of 09 litres of water near 100 transactions and negotiations. The futures market is closed, the PTA spot market is quiet, and there is no substantial offer. Cost decline, downstream follow-up in general, market participants left the market wait-and-see majority. It is expected that the short-term market will adjust narrowly.

Glycol

Today, the market price of ethylene glycol is maintained and sorted out. Under the guidance of futures, the market talks are stable and the actual transaction is less, mainly based on the basis exchange transaction. The quotation in East China revolves around 3900 yuan / ton, down 35 yuan / ton from the previous working day. The quotation in South China is around 4100 yuan / ton. Supply and demand to maintain a tight pattern, demand-side performance is good, it is expected that the short-term ethylene glycol market will be a narrow range of consolidation.

Polyester chip

Today, the polyester chip market maintains finishing. Polyester cost support is insufficient, slicing factory price control sentiment is still the same, the center of gravity of market transactions is generally stable. The downstream demand is weak, and the market production and marketing is light. It is expected that the market price of polyester chips will be adjusted narrowly in the short term.

Polyester bottle chip

Today, the market for polyester bottle chips fluctuates at a low level. Cost support is general, the mainstream bottle chip manufacturers offer stable, dealers offer a small adjustment; 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. Cost-end support weakened, polyester manufacturers cautious, most stable market wait-and-see, individual enterprise quotations narrowly reduced, market trading is light. It is expected that the market price of filament will maintain a narrow range in the short term.

Polyester staple fiber

Today, polyester staple fiber market maintains finishing. The cost to the market support is insufficient, the market offer mostly maintains the stability, waits carefully to see the market trend. Downstream demand is depressed, production and marketing is relatively light. It is expected that the market price of short-term polyester staple fiber will fluctuate in a narrow range.

IV. Production and marketing data of polyester market

V. Future forecast

Macro mood instability, many external instability factors, polyester raw material PTA and ethylene glycol market spot supply increment, while downstream polyester load high, market rigid demand support, short-term market will be narrow, high cost support. The polyester market is mainly cautious wait-and-see, the terminal demand is light, the market production and marketing is depressed. 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.