Polyester industry chain: mentality tends to be cautious. Polyester market stalemate

I. the market trend chart of polyester industry chain

On December 12th, the ethylene glycol market price index was 4093.50, up 18.55 from the previous working day.

 

On December 12th, China's PTA market price index was 5730, up 10% from the previous working day.

 

On December 12, the market price index of polyester chips was 6625, unchanged from the previous working day. The market price index of polyester bottle chips was 6825, 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 is arranged in a narrow range, with a reference of 5730 yuan / ton. This week and next week, the main port delivery 01 liters of water 5-25 near the transaction and negotiations. Boosted by the rise in the international crude oil market, coupled with the support of the atmosphere of China's commodity market, the PTA futures market fluctuated slightly. Spot basis remains stable, traders and polyester factories rigid demand buying, the market mentality is cautious. The short-term market is expected to maintain a range adjustment.

Glycol

Today, the market price of ethylene glycol is on the strong side. The rising cost side promoted the formation of the market, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4105 yuan / ton, up 40 yuan / ton from the previous working day. The quotation in South China is around 4200 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 narrow finishing, cost end support is stable, polyester chip market transaction center of gravity small adjustment. Downstream rigid demand for stock, market production and marketing has improved. 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 materials PTA market finishing, cost support is stable, bottle chip manufacturers offer a small adjustment, market offer fluctuations; downstream rigid demand stock-based, 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 remains stable. Polyester costs support the market, mainstream polyester manufacturers offer to maintain stability, some factories offer a narrow adjustment, the market transaction center of gravity remains stable. The overall production and marketing atmosphere of the market is general, and only some enterprises have good production and marketing. It is expected that the market price of filament will tend to be sorted out in the short term.

Polyester staple fiber

The market of polyester staple fiber fluctuates in a narrow range today. The cost end is stable to support the market, and the negotiation price in the staple fiber market remains stable. Downstream cautious follow-up, market production and sales light. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:  December 12 PTA main 2405 contract opening price: 5730, lowest price: 5702, highest price: 5816, closing price: 5764, settlement price: 5756, up 12, position: 1138157.

 

Ethylene glycol: December 12 EG main contract 2401 opening price: 4099, lowest price: 4089, highest price: 4152, closing price: 4150, settlement price: 4126, up 52, position: 240193.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market rises, supporting the market mentality, polyester raw material PTA and ethylene glycol market supply and demand end drive, it is expected that the short-term market will adjust narrowly, polyester raw material end support is stable, polyester market offer will be slightly adjusted, downstream rigid demand for stock, market production and sales in general. 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.