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Polyester industry chain: The market rose slightly and production and sales continued to be sluggish

112,935
July 3, 2023, 4:56 PM

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.