I. the market trend chart of polyester industry chain
On July 3rd, the market price index of ethylene glycol was 3818.98, down 5.98 from the previous working day.
On July 3rd, China's PTA market price index was 5665, up 65% from the previous working day.
On July 3, the market price index of polyester chips was 6675, up 25% from the previous working day. The market price index of polyester bottle chips was 6875, up 25% from the previous working day.
II. Summary of market price of polyester industry chain
Product |
Specifications |
Market |
2023.7.3 |
2023.6.30 |
Rise and fall |
Remarks |
PTA |
Spot |
East China |
5665 |
5600 |
+65 |
Self-withdrawing tax, yuan / ton |
Product |
Specifications |
Market |
2023.7.3 |
2023.6.30 |
Rise and fall |
Remarks |
Glycol |
Polyester grade |
East China |
3870 |
3865 |
+5 |
Self-withdrawing tax, yuan / ton |
Polyester grade |
South China |
4050 |
4050 |
0 |
Short delivery including tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.7.3 |
2023.6.30 |
Rise and fall |
Remarks |
Polyester chip |
Semi-light section |
East China |
6675 |
6650 |
+25 |
Factory includes tax, yuan / ton |
Light slicing |
6700 |
6675 |
+25 |
Factory includes tax, yuan / ton |
||
Product |
Specifications |
Market |
2023.7.3 |
2023.6.30 |
Rise and fall |
Remarks |
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6875 |
6850 |
+25 |
Factory includes tax, yuan / ton |
Oil bottle grade |
6875 |
6850 |
+25 |
Factory includes tax, yuan / ton |
||
Hot pot grade |
6875 |
6850 |
+25 |
Factory includes tax, yuan / ton |
||
Carbonic acid grade |
6975 |
6950 |
+25 |
Factory includes tax, yuan / ton |
||
Aquarius level (IV.=0.8) |
South China |
6875 |
6850 |
+25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6875 |
6850 |
+25 |
Factory includes tax, yuan / ton |
||
Hot pot grade |
6875 |
6850 |
+25 |
Factory includes tax, yuan / ton |
||
Carbonic acid grade |
6975 |
6950 |
+25 |
Factory includes tax, yuan / ton |
||
Product |
Specifications |
Market |
2023.7.3 |
2023.6.30 |
Rise and fall |
Remarks |
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7300 |
7300 |
0 |
Factory includes tax, yuan / ton |
Jiangsu and Zhejiang market FDY150D/96F |
7925 |
7925 |
0 |
Factory includes tax, yuan / ton |
||
Jiangsu and Zhejiang market DTY150D/48F |
8800 |
8800 |
0 |
Factory includes tax, yuan / ton |
||
Jiangsu and Zhejiang market POY75D/72F |
7650 |
7650 |
0 |
Factory includes tax, yuan / ton |
||
Product |
Specifications |
Market |
2023.7.3 |
2023.6.30 |
Rise and fall |
Remarks |
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7175 |
7125 |
+50 |
Factory includes tax, yuan / ton |
Semi-glossy white 1.56: 38 |
Zhejiang |
7225 |
7175 |
+50 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, East China PTA spot market shock is strong, discuss reference 5665 yuan / ton near. This week and next week, the main port delivery 09 litres of water 55-60 near the transaction and negotiations, July delivery of 09 litres of water 50 near the main port transactions and negotiations. Boosted by the rise of international crude oil, the futures market is up, the basis is limited to decline, buying sentiment is general, market trading rigid demand. It is expected that the short-term market will adjust narrowly.
Glycol
Today, the market price of ethylene glycol is arranged in a narrow range, and the market negotiations are light. The quotation in East China is around 3870 yuan / ton, up 5 yuan / ton compared with the previous working day. The quotation in South China is around 4050 yuan / ton. Inventory accumulation in the main port, the increase in ethylene glycol production, market confidence frustrated, it is expected that the short-term ethylene glycol market will be a narrow range of consolidation.
Polyester chip
Today, the polyester chip market pulled up slightly. Cost support increased, some slicing factory quotations increased by 50 yuan / ton, the market center of gravity rose narrowly. Downstream bargain-hunting rigid demand, production and marketing significantly 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 for polyester bottle chips is strong. The raw material PTA market rises, the cost support strengthens, the mainstream bottle chip factory offer increases 50 yuan / ton, the dealer quotes pull up slightly; downstream rigid demand stock, the market trading is general. It is expected that the short-term lactone bottle chip market may be narrowly arranged.
Polyester filament
Today's polyester filament market narrow finishing. Polyester raw material market is strong, but the recent market wait-and-see mentality is obvious, polyester factory quotation is more stable. Downstream demand is relatively weak, enterprise production and marketing is depressed. It is expected that the filament market price may continue the finishing pattern in the short term.
Polyester staple fiber
Today, the market of polyester staple fiber remains stable. The cost support is strong, and the factory accumulation is limited, and the market price of staple fiber rises slightly. The market wait-and-see atmosphere is strong, the real single multi-rigid demand, the enterprise production and marketing is light. 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:7 March 3 PTA main 2309 contract opening price: 5578, lowest price: 5574, highest price: 5640, closing price: 5606, settlement price: 5608, up, position: 1687568.
Ethylene glycol: July 3 EG main contract 2309 opening price: 3968, lowest price: 3928, highest price: 3975, closing price: 3957, settlement price: 3954, up 2, position: 510850.
V. production and marketing data of polyester market
Product |
2023.7.3 |
2023.6.30 |
Rise and fall |
Unit |
Polyester chip |
50% |
80% |
-30% |
% |
Polyester filament |
40% |
35% |
+5% |
% |
Polyester staple fiber |
40% |
60% |
-20% |
% |
VI. Future forecast
International crude oil interval finishing, polyester raw material PTA and ethylene glycol market supply increment, inventory began to accumulate, but the downstream polyester rigid demand support, the short-term market will maintain finishing, the cost end to promote the market. Polyester market is mainly cautious wait-and-see, terminal demand weakens, market production and sales light. 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.