Polyester industry chain: PTA Masukura rose, polyester market was narrow and strong

I. the market trend chart of polyester industry chain

On April 16th, the market price index of ethylene glycol was 4474.34, down 26.12 from the previous working day.

 

On April 16th, China's PTA market price index was 5985, up 40% from the previous working day.

 

On April 16th, the market price index of polyester chips was 6925, up 25% from the previous working day; the market price index of polyester bottle chips was 7100, up 25% from 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 is narrow and strong, so we can negotiate around 5985 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 discount 5-20 near the transaction and negotiation. The high level of the international crude oil market, the upstream PX supply tightening boost, capital side driven by the PTA futures market increased positions. 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 price volatility of ethylene glycol market weakens. The international crude oil market fell, suppressing the market mentality, and the focus of negotiations in the ethylene glycol market dropped slightly. The quotation in East China revolved around 4425 yuan / ton, down 25 yuan / ton compared with the previous working day. The quotation in South China is around 4520 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

Today, the polyester chip market is strong and volatile. The market trend of polyester raw materials is strong, the cost end promotes the market, the market offer of polyester chips is slightly raised, and the focus of market negotiations rises narrowly. Downstream demand weakens, market production and sales decline. 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 is narrow and strong. Polyester raw material market trend is strong, the cost end forms the support to the market, the mainstream bottle chip manufacturer offer is stable, the market low-end offer decreases, the market negotiation center of gravity rises slightly; downstream is cautious and wait-and-see, the 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 high support to the market is stable, polyester mainstream manufacturers offer stability, market focus of small adjustment. The downstream demand remains weak, and the market production and sales are light. 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 strong. The strength of the cost end promotes the market, and some quotations in the staple fiber market are narrowly higher. Downstream rigid demand for stock, market production and marketing improved. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:4 March 16 PTA main 2409 contract opening price: 6024, lowest price: 6000, highest price: 6118, closing price: 6062, settlement price: 6058, up 46, position: 1040247.

 

Ethylene glycol: April 16 EG main contract 2405 opening price: 4480, lowest price: 4398, highest price: 4480, closing price: 4400, settlement price: 4439, down 53, position: 240610.

V. production and marketing data of polyester market

VI. Future forecast

High fluctuations in the international crude oil market promote the formation of the market, polyester raw materials PTA and ethylene glycol market supply and demand, it is expected that the short-term market will shock adjustment, polyester raw material end support, polyester market offer will mainly adjust slightly with the cost, downstream cautious follow-up, market production and marketing differentiation. 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.