Polyester industry chain: Market push weakens narrow fluctuations in the polyester market

I. the market trend chart of polyester industry chain

On April 17th, the ethylene glycol market price index was 4471.97, down 2.37 from the previous working day.

 

On April 17th, China's PTA market price index was 6020, up 35% from the previous working day.

 

On April 17th, the market price index of polyester chips was 6925, unchanged from the previous working day; the market price index of polyester bottle chips was 7125, 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, East China PTA spot market trend is strong, discuss reference 6020 yuan / ton near. This week and next week, the main port and warehouse receipt delivery 05 flat water-discount 10 near the transaction and negotiation. International crude oil market high, upstream PX supply tightening boost, PTA futures market rose narrowly. 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 fluctuates in a narrow range. The high level of the international crude oil market supports the market mentality, and the focus of negotiations in the ethylene glycol market fluctuates slightly. The quotation in East China revolves around yuan / ton, down 5 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 fluctuates in a narrow range. The polyester raw material market maintains the high level, the cost end forms the support to the market, the polyester chip market offer is stable, the market negotiation center of gravity adjusts narrowly. Downstream demand is weak, the market production and marketing is 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 is narrow and strong. The polyester raw material market remains strong, the cost end forms the support to the market, the mainstream bottle chip manufacturer offer is stable, the market negotiation center is slightly higher; downstream cautious 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 narrow finishing. Polyester raw material market high support to the market is stable, polyester mainstream manufacturers offer stability, partial reduction or expansion of concessions, market focus of small adjustment. Downstream demand remains weak, market production and marketing is general, part of production and marketing is OK. 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 demand weakens, market production and sales decline. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:4 17 PTA main 2409 contract opening price: 6070, lowest price: 6042, highest price: 6094, closing price: 6070, settlement price: 6072, up 12, position: 1050380.

 

Ethylene glycol: April 17 EG main contract 2405 opening price: 4396, lowest price: 4385, highest price: 4448, closing price: 4421, settlement price:, down 18, position: 209167.

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 side of the polyester raw material PTA and ethylene glycol market is promoted, it is expected that the short-term market will be high shock, polyester raw material end support, polyester market offer will be mainly adjusted slightly with the cost, 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.