Polyester industry chain: insufficient cost promotion, polyester market stalemate

I. the market trend chart of polyester industry chain

On April 10th, the market price index of ethylene glycol was 4492.45, up 4.74 from the previous working day.

 

On April 10th, China's PTA market price index was 5955, down 15% from the previous working day.

 

On April 10th, the market price index of polyester chips was 6950, which was the same as that of the previous working day, while that of polyester bottle chips was 7100, 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 PTA in East China remains weak, with a reference of 5955 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 discount 10-15 near the transaction and negotiation. The international crude oil market continues to fall, suppressing the market. Recently, the overhaul of PTA devices has increased, and the market supply has been tightened to support market prices. Traders and polyester factories are cautious, and the market has a rigid demand for buying. It is expected that the short-term market will maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is in a narrow range. The overall atmosphere of commodities has improved, boosting the market mentality, the focus of ethylene glycol market negotiations rebounded slightly, East China quotation around 4450 yuan / ton, up 10 yuan / ton compared with the previous working day. The quotation in South China is around 4500 yuan / ton. The inventory of ethylene glycol port increases, but recently there are more centralized maintenance devices, the market supply shrinks, the downstream polyester load remains high, and the demand side supports the market. While the market lacks continuous drive, it is expected that the ethylene glycol market will remain weak and volatile in the short term.

Polyester chip

The polyester chip market remains volatile today. Polyester raw material market arrangement, cost end-to-market support is general, polyester chip market offer is stable, market negotiation center of gravity is adjusted slightly. Downstream rigid demand stock, local production and marketing is OK. 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. The polyester raw material market remains weak, the cost end to the market support is insufficient, the mainstream bottle chip manufacturers offer stable, the market negotiation center of gravity is low; downstream cautious wait-and-see, market trading atmosphere is general. It is expected that the short-term lactone bottle market may maintain finishing.

Polyester filament

Today's polyester filament market deadlock finishing. The polyester raw material market arrangement forms the support to the market, the polyester silk partial manufacturer offers stable, the market transaction center of gravity adjusts slightly. Downstream demand remains weak and the market production and marketing is deserted. 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. Cost-end finishing on the market support in general, staple fiber market quotations remain stable. Downstream cautious wait-and-see, market production and marketing is relatively weak. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:4 10 PTA main 2409 contract opening price: 6026, lowest price: 6014, highest price: 6060, closing price: 6032, settlement price: 6040, down 16, position: 862168.

 

Ethylene glycol: April 10 EG main contract 2405 opening price: 4436, lowest price: 4408, highest price: 4469, closing price: 4445, settlement price: 4444, down 1, position: 283327.

V. production and marketing data of polyester market

VI. Future forecast

International crude oil market is weak, cost support is insufficient, polyester raw material PTA and ethylene glycol market supply and demand end drive, it is expected that the short-term market will shock adjustment, polyester raw material end support, polyester market offer will be mainly with the cost small adjustment, downstream cautious follow-up, 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.