Polyester industry chain: The trend of raw materials is getting stronger. The polyester market is deadlocked

I. the market trend chart of polyester industry chain

The market price index of ethylene glycol was 4110.46, up 14.72 from the previous working day.

 

China's PTA market price index was 5650 on Dec. 18, up 15% from the previous working day.

 

On December 18, the market price index of polyester chips was 6625, unchanged from the previous working day. The market price index of polyester bottle chips was 6800, 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 shock is strong, discuss reference 5650 yuan / ton near. This week and next week, the main port delivery 01 liters of water 5-10 near the deal and negotiations. The cost side gave a boost to the commodity market, and the PTA futures market rose slightly. Spot basis fluctuation is small, traders and polyester factories rigid demand to buy mainly, 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 on the strong side. The cost end supported the market, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4145 yuan / ton, up 30 yuan / ton from the previous working day. The quotation in South China is around 4200 yuan / ton. Ethylene glycol port inventory decreased slightly, downstream polyester load remained stable, maintaining rigid demand for stock. The market is lack of 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 trend is strong, the cost end support is stable, the polyester chip market offer remains stable, the market transaction center of gravity is adjusted slightly. Downstream demand is relatively weak, the market production and marketing is depressed. It is expected that the polyester chip market will maintain the finishing operation in the short term.

Polyester bottle chip

Today, the market for polyester bottle chips fluctuates in a narrow range. Polyester raw material PTA market is strong, the cost end support, bottle chip manufacturers offer to maintain stability, market offer a small adjustment; 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's polyester filament market deadlock finishing. The strong cost end of polyester supports the market, the offers of mainstream polyester manufacturers remain stable, and the focus of market transactions is adjusted slightly. Downstream demand weakens, market turnover is low. 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 fluctuates in a narrow range. The cost end is strong to support the market, and the staple fiber market negotiates a small price adjustment. Downstream demand weakens, market production and sales decline. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:  December 18 PTA main 2405 contract opening price: 5688, lowest price: 5650, highest price: 5740, closing price: 5728, settlement price: 5688, up 70%, position: 1249308.

 

Ethylene glycol: December 18 EG main contract 2401 opening price: 4145, lowest price: 4126, highest price: 4197, closing price: 4194, settlement price: 4159, up 46, position: 141450.

V. production and marketing data of polyester market

VI. Future forecast

International crude oil market collation, support market mentality, polyester raw material PTA and ethylene glycol market supply and demand end promotion, it is expected that the short-term market will be narrow adjustment, polyester raw material end support, polyester market offer will mainly adjust slightly with the cost, downstream demand weakens, market production and sales downturn. 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.