Polyester industry chain: Prices rebound after falling, market buying sentiment rebounds

I. the market trend chart of polyester industry chain

On June 27th, the market price index of ethylene glycol was 3893.40, down 10.6% from the previous working day.

 

On June 27th, China's PTA market price index was 5560, down 10% from the previous working day.

 

On June 27, the market price index of polyester chips was 6650, down 25% from the previous working day. The market price index of polyester bottle chips was 6800, down 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 of PTA in East China rebounded after falling, with a reference of 5560 yuan / ton. This week and next week, the main port delivery 09 litres of water 65-70 near the transaction and negotiations, July delivery of 09 litres of water near 55-60 transactions and negotiations. Absolute prices rebounded, spot spreads weakened, buying sentiment improved, and market trading was better than in the early stages. Supply is still incremental, downstream rigid demand is maintained, and the short-term market is expected to adjust narrowly.

Glycol

Today, the market price of ethylene glycol has been maintained and sorted out. After the continuous decline in the market in the morning, there has been a certain rebound in buying gas. The quotation in East China revolves around 3800 yuan / ton, down 25 yuan / ton from the previous working day. The quotation in South China is around 4000 yuan / ton. The recent increase in port arrival, the periodic accumulation of the main port, and many external unstable factors, it is expected that the ethylene glycol market will be sorted out in a narrow range in the short term.

Polyester chip

Today, the market trend of polyester chips is weak. The cost support is general, the polyester chip factory offer is stable and weak, the market transaction center of gravity is slightly lower. Downstream rigid demand buying, market production and marketing is OK. 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 is narrow and weak. Raw material PTA market tends to sort out, cost support is general, mainstream bottle chip manufacturers offer stable, dealers offer low-end; downstream demand is light, market trading is low. It is expected that the short-term lactone bottle chip market will be low-level finishing.

Polyester filament

Today's polyester filament market narrow finishing. Raw material market finishing, cost support, individual polyester factories reduce concessions, ranging from 50 to 100 yuan / ton, the actual single specific negotiations. The wait-and-see mood of downstream users is not reduced, maintaining rigid demand procurement. It is expected that the market price of filament will remain fluctuating in the short term.

Polyester staple fiber

Today, polyester staple fiber market maintains finishing. When the cost and demand are weak, the market trading atmosphere is deserted and the market price fluctuates little. Spot absolute price is on the low side, downstream bargain purchasing, most enterprises prefer production and marketing. 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 27 PTA main 2309 contract opening price: 5476, lowest price: 5432, highest price: 5552, closing price: 5522, settlement price: 5492, up 32, position: 1553454.

Ethylene glycol: June 27th EG main contract 2309 opening price: 3866, lowest price: 3841, highest price: 3922, closing price: 3904, settlement price: 3878, down 1, position: 549566.

V. production and marketing data of polyester market

VI. Future forecast

Polyester raw material PTA and ethylene glycol market spot supply increment, while the downstream polyester load is high, the market rigid demand support, the short-term market will maintain finishing, the cost end to the market support. Polyester market is mainly cautious wait-and-see, terminal rigid demand replenishment, market production and sales decline. It is expected that the short-term polyester market price may fluctuate narrowly with the cost. Pay close attention to the changes of raw material market and demand side in the later stage.