Polyester industry chain: Raw materials surged and fell. Polyester market production lines rebounded

I. the market trend chart of polyester industry chain

On April 19th, the ethylene glycol market price index was 4488.63, up 2.37 from the previous working day.

 

On April 19th, China's PTA market price index was 5955, unchanged from the previous working day.

 

On April 19th, the market price index of polyester chips was 6900, unchanged from the previous working day, while 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, the spot market range of East China PTA is sorted out, and the reference is 5955 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 flat water-discount 10 near the transaction and negotiation. The international crude oil market is strong. Stimulated by the news of the situation between Iraq and Israel, the PTA futures market fell back after rising. 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. Due to the high level of the international crude oil market and geopolitical influence, the focus of negotiations in the ethylene glycol market has gone up and down. The quotation in East China revolves around 4445 yuan / ton, up 5 yuan / ton from 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

Today, the polyester chip market fluctuates in a narrow range. The polyester raw material market remains strong, 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's offer increases 50 yuan / ton, the market negotiation center rises slightly; the 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, the market of polyester filament is weak. The high fluctuation of polyester raw material market is insufficient to support the market, the offer of polyester mainstream manufacturers is stable, the local transaction center of gravity is narrow and downward, and the market transaction center of gravity is adjusted slightly. Downstream rigid demand replenishment, market production and sales rebounded. 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 active replenishment, market production and sales greatly 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 19 PTA main 2409 contract opening price: 5982, lowest price: 5934, highest price: 6060, closing price: 5980, settlement price: 5998, down 22, position: 966392.

 

Ethylene glycol: April 19 EG main contract 2409 opening price: 4533, lowest price: 4513, highest price: 4602, closing price: 4545, settlement price: 4552, up 15%, position: 263971.

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, polyester raw material PTA and ethylene glycol market supply and demand, 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 rigid demand replenishment, market production and sales pick up. 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.