Polyester industry chain: Raw materials continue to weaken, polyester market production and sales are light

I. the market trend chart of polyester industry chain

On August 2nd, the market price index of ethylene glycol was 4067.43, down 5.84 from the previous working day.

 

China's PTA market price index was 5990 on Aug. 2, down 45% from the previous working day.

 

On August 2nd, the market price index of polyester chips was 6875, which was the same as that of the previous working day. The market price index of polyester bottle chips was 7175, 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, East China PTA spot market volatility weakens, negotiation reference 5990 yuan / ton near. In August, the main port delivery 09 liters of water 5-15 near the transaction and negotiations. PTA futures continued to reduce positions fell, the spot basis is generally stable, the market supply is adequate, buying sporadic rigid demand, market trading is light. The short-term market is expected to maintain a narrow range of volatility.

Glycol

Today, the market price of ethylene glycol weakens slightly. The international crude oil market has fallen, cost support has weakened, and the spot market has weakened. The price quoted in East China is around 4085 yuan / ton, down 10 yuan / ton from the previous working day. The quotation in South China is around 4180 yuan / ton. The cost side has been loosened, the port pre-arrival port has increased, inventory is expected to continue to accumulate, the market is lack of further directional drive, market sentiment is deadlocked, and it is expected that the ethylene glycol market will fluctuate within a narrow range in the short term.

Polyester chip

Today, the polyester chip market maintains finishing. High fluctuation of raw materials, cost support, polyester chip market center of gravity temporarily stable operation. There is not much replenishment downstream, and the market trading is light. It is expected that the market price of polyester chips will maintain a narrow range in the short term.

Polyester bottle chip

Today, the market for polyester bottle chips is weak and volatile. Raw material PTA futures continued to fall, lack of cost support, mainstream bottle chip manufacturers offer down 50 yuan / ton, dealers offer low-end; downstream demand is light, the market is mainly cautious wait and see. It is expected that the short-term lactone bottle market will be narrowly arranged.

Polyester filament

Today's polyester filament market is arranged horizontally. Polyester raw material PTA market is weak, polyester manufacturers are cautious, the quotation is more stable, and the market continues to consolidate. Downstream resistance does not abate, the market trading is light. It is expected that the market price of filament will be arranged in a narrow range in the short term.

Polyester staple fiber

The market of polyester staple fiber is weak today. Cost support weakened, the high-priced supply of staple fiber market fell, and the focus of market negotiations fell slightly. With the continuous negative feedback of downstream demand, the overall inquiry is still lacking. It is expected that the short-term market price of polyester staple fiber will maintain the finishing trend.

IV. Polyester Raw material Futures Market

PTA:  August 2nd PTA main 2309 contract opening price: 6008, lowest price: 5950, highest price: 6022, closing price: 5966, settlement price: 5986, down, position: 1257219.

 

Ethylene glycol: EG main contract 2309 opening price: 4147, lowest price: 4110, highest price: 4165, closing price: 4113, settlement price: 4137, down 32, position: 377749.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market fluctuates at a high level, the cost promotes the market, the supply and demand end of polyester raw material PTA and ethylene glycol market is weak, the short-term market will maintain interval arrangement, and the cost will promote the formation of polyester market. The polyester market offer is slightly adjusted with the raw materials, the downstream demand is weak, and the market production and marketing is light. Short-term polyester market prices are expected to fluctuate within a narrow range. Pay close attention to the changes of raw material market and demand side in the later stage.