Polyester industry chain: Cost supports the stalemate in the general polyester market

I. the market trend chart of polyester industry chain

On March 6th, the market price index of ethylene glycol was 4578.35, up 9.48 from the previous working day.

 

On March 6th, China's PTA market price index was 5805, down 20% from the previous working day.

 

On March 6th, the market price index of polyester chips was 6900, which was the same as that of the previous working day. The market price index of polyester bottle chips was 7030, 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 in a weak position, and we will consult around 5805 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 discount 20-25 near the transaction and negotiation. The fall of the international crude oil market suppresses the market mentality and the PTA futures market is sorted out. Spot base difference is 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 maintained. The market bought gas rebounded, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4540 yuan / ton, up 20 yuan / ton from the previous working day. The quotation in South China is around 4600 yuan / ton. The inventory of ethylene glycol port decreased, 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's polyester chip market is narrowly arranged. The polyester raw material market is weak, the cost end support is insufficient, the polyester chip market offer is on the low end, and the market negotiation center of gravity is adjusted slightly. Downstream rigid demand stock, enterprise production and marketing in general. 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 within a narrow range. Polyester raw material market is weak, cost end-to-market support is limited, mainstream bottle chip manufacturers offer stable, market offer fluctuates slightly; downstream cautious wait-and-see, market trading atmosphere is light. It is expected that the short-term lactone bottle market may maintain finishing.

Polyester filament

Today's polyester filament market deadlock finishing. The cost end to the market support is general, the polyester manufacturer market offer remains stable, the market transaction center of gravity adjusts slightly. Downstream demand weakens, the market production and marketing is depressed. 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 narrow finishing. The cost of polyester is insufficient to support the market, and the quotation of staple fiber market is adjusted slightly. Downstream demand is relatively weak, part of the production and marketing is OK. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:3 June 6 PTA main 2405 contract opening price: 5810, lowest price: 5800, highest price: 5876, closing price: 5858, settlement price: 5830, up 8, position: 1046082.

 

Ethylene glycol: March 6th EG main contract 2405 opening price: 4548, lowest price: 4541, highest price: 4598, closing price: 4578, settlement price: 4566, up 25, position: 378433.

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 mainly adjust slightly with the cost, the downstream demand is general, the market production and sales are different. 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.