Polyester industry chain: Rising raw materials boost polyester market trend

I. the market trend chart of polyester industry chain

On December 19th, the market price index of ethylene glycol was 4132.68, up 22.22 from the previous working day.

 

China's PTA market price index was 5710 on Dec. 19, up 60 percent from the previous working day.

 

On December 19th, the market price index of polyester chips 6650 rose 25% compared with the previous working day. The market price index of polyester bottle chips was 6825, up 25% from 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 5710 yuan / ton near. This week and next week, the main port delivery 01 liters of water 5-15 near the transaction and negotiations. The rise of the international crude oil market boosted the market, and the PTA futures market continued to rise. Spot basis fluctuation is small, traders and polyester factories rigid demand to buy mainly, the market mentality is cautious. It is expected that the short-term market will maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is on the strong side. The rise in the international crude oil market boosted the market mentality, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4165 yuan / ton, up 20 yuan / ton from the previous working day. The quotation in South China is around 4250 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 is strong. Polyester raw material PTA market continues to strengthen, driven by the cost end, polyester chip market trading center of gravity rose 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 is narrow and strong. It is expected that the short-term lactone bottle market may maintain finishing.

Polyester filament

Today, the market of polyester filament is slightly higher. The strong cost end of polyester boosted the market, the offers of mainstream polyester manufacturers remained stable, market preferences narrowed, and the focus of market transactions increased 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, the market of polyester staple fiber is strong and volatile. The cost end is strong to support the market, and the staple fiber market talks about a small increase in prices. Downstream rigid demand stock, individual enterprises production and marketing is better. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

 

Ethylene glycol: December 19 EG main contract 2405 opening price: 4325, lowest price: 4308, highest price: 4350, closing price: 4348, settlement price: 4330, up 43, position: 349795.

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 be a narrow adjustment, polyester raw material end support, 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.