Polyester industry chain: Raw materials remain weak. Polyester market production and sales are light

I. the market trend chart of polyester industry chain

On December 4th, the market price index of ethylene glycol was 4064.59, down 12.19 from the previous working day.

On December 4th, China's PTA market price index was 5690, down 15% from the previous working day.

 

On December 4th, the market price index of polyester chips was 6650, unchanged from the previous working day. The market price index of polyester bottle chips was 6775 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, the spot market of PTA in East China continues to be weak, with a reference of 5690 yuan / ton. This week and next week, the main port delivery 01 Pingshui-Shengshui 2 near the transaction and negotiations. International crude oil prices fell, commodity market atmosphere weakened, PTA futures market continued to decline. Spot base margin is adjusted slightly, traders and polyester factories are mainly buying rigid demand, and the market mentality is cautious. The short-term market is expected to maintain a weak adjustment.

Glycol

Today, the market price of ethylene glycol is narrow and weak. International crude oil prices fell and suppressed, the market mentality was cautious, the focus of negotiations in the ethylene glycol market dropped slightly, and the quotation in East China revolved around 4050 yuan / ton, down 25 yuan / ton from the previous working day. The quotation in South China is around 4130 yuan / ton. Ethylene glycol port inventory remains high, downstream polyester load remains stable, and rigid demand is maintained. The market lacks continuous drive, and the ethylene glycol market is expected to remain volatile in the short term.

Polyester chip

Today, the polyester chip market maintains finishing. Polyester raw material PTA market continues to weaken, cost end support is general, polyester chip market offer is stable, market transaction center of gravity is adjusted slightly. Downstream cautious follow-up, market production and sales light. It is expected that the polyester chip market will maintain the finishing operation in the short term.

Polyester bottle chip

Today's polyester bottle chip market is arranged in a narrow range. Polyester raw material PTA market continues to be weak, lack of cost support, bottle chip manufacturers offer temporarily stable, market offer on the low end; downstream demand is weak, carefully wait and see the market trend. It is expected that the short-term lactone bottle market may maintain finishing.

Polyester filament

Today, the market of polyester filament is adjusted in a narrow range. Polyester raw material market is weak, the market support is general, the mainstream polyester filament factory quotation is stable, individual small adjustment, the market transaction center of gravity fluctuates slightly. The downstream demand is weak, and the market production and marketing is light. It is expected that the market price of filament will tend to be sorted out in the short term.

Polyester staple fiber

Today's polyester staple market stalemate finishing. The weak cost end is not enough to support the market, and the staple fiber market negotiates that the price remains stable. Downstream demand follow-up is general, market production and marketing is depressed. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:  December 4 PTA main 2401 contract opening price: 5666, lowest price: 5636, highest price: 5742, closing price: 5644, settlement price: 5690, down, position: 846048.

 

Ethylene glycol: December 4th EG main contract 2401 opening price: 4101, lowest price: 4051, highest price: 4114, closing price: 4064, settlement price: 4083, down 48, position: 352161.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market falls, the cost support is insufficient, the polyester raw material PTA and ethylene glycol market supply and demand end drive, it is expected that the short-term market will be weak adjustment, polyester raw material end drive, polyester market offer will be slightly adjusted with the cost, downstream rigid demand stock, market production and sales light. Short-term polyester market prices are expected to fluctuate within a narrow range. In the later stage, we should pay close attention to the changes of the raw material market and the supply and demand of polyester itself.