Polyester industry chain: Lack of cost support, polyester market is weak and difficult to change

I. the market trend chart of polyester industry chain

On April 12, the market price index of ethylene glycol was 4494.89, up 4.74 from the previous working day.

 

On April 12th, China's PTA market price index was 5910, down 25% from the previous working day.

 

On April 12, the market price index of polyester chips was 6900, down 50% from the previous working day; the market price index of polyester bottle chips was 7075, unchanged 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 volatility is weak, negotiation reference 5910 yuan / ton near. This week and next week, the main port and warehouse receipt delivery 05 discount 10-15 near the transaction and negotiation. The weak atmosphere of the commodity market suppressed the formation of the market, and the PTA futures market fell slightly. 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 international crude oil market is high, the cost supports the market, and the center of gravity of the ethylene glycol market fluctuates slightly. The quotation in East China revolves around 4445 yuan / ton, up 10 yuan / ton compared with the previous working day. The quotation in South China is around 4530 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

Today, the polyester chip market is weak and volatile. The polyester raw material market is weak, the cost end to the market support is insufficient, the polyester chip market offer is lowered, the market negotiation center of gravity falls 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'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. Polyester raw material market is weak to support the market in general, polyester mainstream manufacturers offer stable, market focus of small adjustment. 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, the polyester staple market is narrowly weak. The weak cost end suppresses the market, and the price of staple fiber market falls slightly. 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 12 PTA main 2409 contract opening price: 6026, lowest price: 5950, highest price: 6026, closing price: 5976, settlement price: 5980, down 40, position: 876995.

 

Ethylene glycol: April 12 EG main contract 2405 opening price:, lowest price: 4408, highest price: 4463, closing price: 4428, settlement price: 4437, down 9, position: 264878.

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, the supply and demand of polyester raw material PTA and ethylene glycol market is promoted, and it is expected that the short-term market will be shaken and adjusted, polyester raw material end support, polyester market offer will be mainly adjusted slightly with cost, downstream cautious follow-up, market production and sales are 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.