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Polyester industry chain: Raw materials maintain high levels of polyester market production and sales are inconsistent

78,092
April 15, 2024, 4:04 PM

I. the market trend chart of polyester industry chain

On April 15th, the market price index of ethylene glycol was 4500.46, up 5.57 from the previous working day.

 

On April 15th, China's PTA market price index was 5945, up 35% from the previous working day.

 

On April 15, the market price index of polyester chips was 6900, which was the same as that of the previous working day, while that 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

Product

Specifications

Market

2024.4.15

2024.4.12

Rise and fall

Remarks

PTA

Spot

East China

5945

5910

+35

Self-withdrawing tax, yuan / ton

Product

Specifications

Market

2024.4.15

2024.4.12

Rise and fall

Remarks

Glycol

Polyester grade

East China

4450

4445

+5

Self-withdrawing tax, yuan / ton

Polyester grade

South China

4550

4530

+20

Short delivery including tax, yuan / ton

Product

Specifications

Market

2024.4.15

2024.4.12

Rise and fall

Remarks

Polyester chip

Semi-light section

East China

6900

6900

0

Factory includes tax, yuan / ton

Light slicing

6900

6900

0

Factory includes tax, yuan / ton

Product

Specifications

Market

2024.4.15

2024.4.12

Rise and fall

Remarks

Polyester bottle chip

Aquarius level (IV.=0.8)

East China

7075

7075

0

Factory includes tax, yuan / ton

Oil bottle grade

7075

7075

0

Factory includes tax, yuan / ton

Hot pot grade

7075

7075

0

Factory includes tax, yuan / ton

Carbonic acid grade

7175

7175

0

Factory includes tax, yuan / ton

Aquarius level (IV.=0.8)

South China

7075

7075

0

Factory includes tax, yuan / ton

Oil bottle grade

7075

7075

0

Factory includes tax, yuan / ton

Hot pot grade

7075

7075

0

Factory includes tax, yuan / ton

Carbonic acid grade

7175

7175

0

Factory includes tax, yuan / ton

Product

Specifications

Market

2024.4.15

2024.4.12

Rise and fall

Remarks

Polyester filament

Jiangsu and Zhejiang market POY150D/48F

East China

7750

7750

0

Factory includes tax, yuan / ton

Jiangsu and Zhejiang market FDY150D/96F

8225

8225

0

Factory includes tax, yuan / ton

Jiangsu and Zhejiang market DTY150D/48F

9100

9100

0

Factory includes tax, yuan / ton

Jiangsu and Zhejiang market POY75D/72F

8050

8050

0

Factory includes tax, yuan / ton

Product

Specifications

Market

2024.4.15

2024.4.12

Rise and fall

Remarks

Polyester staple yarn

Semi-glossy white 1.56: 38

Jiangsu Province

7350

7350

0

Factory includes tax, yuan / ton

Semi-glossy white 1.56: 38

Zhejiang

7400

7400

0

Factory includes tax, yuan / ton

III. Brief introduction of Polyester Industry chain Market

PTA

Today, the spot market of PTA in East China is narrow and strong, so we can negotiate around 5945 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 flat water-discount 15 near the transaction and negotiation. The international crude oil market is strong, supporting the market, and the PTA futures market rose 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 trading in the market is light. 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 strong, the cost supports the market, and the center of gravity of the ethylene glycol market fluctuates slightly. The quotation in East China revolves around 4450 yuan / ton, up 5 yuan / ton compared with the previous working day. The quotation in South China is around 4550 yuan / ton. Ethylene glycol port inventory reduced, recent ethylene glycol centralized maintenance equipment, market supply contraction, downstream polyester load remains high, the demand side forms support to the market. The lack of continuous drive in the market, the short-term ethylene glycol market is expected to maintain a narrow range of volatility.

Polyester chip

The polyester chip market remains volatile today. Polyester raw material market arrangement, the cost end forms the support to the market, the polyester chip market offer is stable, the market negotiation center of gravity adjusts slightly. Downstream rigid demand replenishment, some production and sales improved. 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. Polyester raw material market interval arrangement, the cost end to the market support is stable, the mainstream bottle chip manufacturers offer is 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 strong to support the market, 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 market of polyester staple fiber is adjusted in a narrow range. The strong cost end supports the market, and the quotation of staple fiber market remains stable. Downstream careful wait-and-see, 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:4 15 PTA main 2409 contract opening price: 5992, lowest price: 5982, highest price: 6044, closing price: 6014, settlement price: 6016, up 34, position: 930445.

 

Ethylene glycol: April 15 EG main contract 2405 opening price: 4431, lowest price: 4422, highest price: 4480, closing price: 4463, settlement price: 4453, up 26, position: 244620.

V. production and marketing data of polyester market

Product

2024.4.15

2024.4.12

Rise and fall

Unit

Polyester chip

80%

30%

+50%

%

Polyester filament

40%

50%

-10%

%

Polyester staple fiber

50%

40%

+10%

%

VI. Future forecast

The high fluctuation of the international crude oil market promotes the formation of the market, the supply and demand side of the polyester raw material PTA and ethylene glycol market is promoted, 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 the cost, downstream cautious follow-up, market production and sales vary. 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.