Polyester industry chain: The raw material market is weak. The polyester market is cautiously following up

I. the market trend chart of polyester industry chain

The market price index of ethylene glycol was 4604.47, down 22.23 from the previous working day.

 

On March 1st, China's PTA market price index was 5895, down 25% from the previous working day.

 

On March 1st, the market price index of polyester chips was 6925, which was the same as that of the previous working day. The market price index of polyester bottle chips was 7075, 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, the spot market of East China PTA is narrow and weak, so we can negotiate around 5895 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 discount 10-18 near the transaction and negotiation. The international crude oil market fell, suppressing the market mentality, and the PTA futures market pulled back slightly. Spot spreads remain stable, traders and polyester factories are cautious, and market trading is deserted. It is expected that the short-term market will maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is weak. The international crude oil market fell, suppressing the market mentality, and the focus of negotiations in the ethylene glycol market weakened slightly. The quotation in East China revolved around 4585 yuan / ton, down 15 yuan / ton compared with the previous working day. The quotation in South China is around 4630 yuan / ton. The inventory of ethylene glycol port decreased slightly, the downstream polyester load gradually picked up, and the supply and demand side supported the market. The lack of continuous drive in the market, the short-term ethylene glycol market is expected to maintain a volatile trend.

Polyester chip

Today, the polyester chip market maintains finishing. The market trend of polyester raw materials is weak, the cost end support is general, the market offer of polyester chips is stable, and the focus of market negotiation is adjusted slightly. Wait and see carefully downstream to maintain a rigid demand for stock. 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 market is weak, cost end-to-market support weakens, some bottle chip manufacturers offer down 50 yuan / ton, market offer slightly adjusted; downstream cautious wait-and-see, light market trading atmosphere. It is expected that the short-term lactone bottle market may maintain finishing.

Polyester filament

Today's polyester filament market deadlock finishing. Cost-end finishing on the market support in general, the mainstream polyester manufacturers offer stability, the focus of market transactions fluctuated slightly. Downstream rigid demand stock, part of the production and marketing is OK. 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 for polyester staple fiber is narrow and weak. The weakening cost of polyester suppresses the formation of the market, and some quotations in the staple fiber market are slightly revised back. Downstream rigid demand for stock, market production and sales have rebounded. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:3 1 PTA main 2405 contract opening price: 5932, lowest price: 5890, highest price: 5946, closing price: 5908, settlement price: 5908, down 28, position: 987785.

 

Ethylene glycol: EG main contract 2405 opening price: 4603, lowest price: 4566, highest price: 4631, closing price: 4622, settlement price: 4599, up 17, position: 399816.

V. production and marketing data of polyester market

VI. Future forecast

The high fluctuation of the international crude oil market promotes the formation of the market, polyester raw material PTA and ethylene glycol market supply and demand, 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 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.