Polyester industry chain: The cost end weakened and the polyester market corrected slightly

I. the market trend chart of polyester industry chain

On April 24th, the market price index of ethylene glycol was 4437.20, down 39.51 from the previous working day.

 

On April 24th, China's PTA market price index was 5930, down 5% from the previous working day.

 

On April 24, the market price index of polyester chips was 6875, down 25% from the previous working day, while the market price index of polyester bottle chips was 7075, down 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 maintained and sorted out, and it is discussed for reference near 5930 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 contract discount 10 09 contract discount 30 near the transaction and negotiation. The atmosphere of the commodity market is weak, and the PTA futures market adjusts slightly. 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 of ethylene glycol market fluctuates and falls. Commodity market atmosphere weakens, suppressing market mentality, ethylene glycol market negotiations focus on the downside, East China quotation around 4350 yuan / ton, down 80 yuan / ton compared with the previous working day. The quotation in South China is around 4510 yuan / ton. The inventory of ethylene glycol port increases, the market supply pressure increases, the downstream polyester load remains high, and the demand side forms support to the market. While the market lacks continuous drive, it is expected that the ethylene glycol market will fluctuate within a narrow range 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 general, the polyester chip market offer is loose, the market negotiation center of gravity is narrow pullback. 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 weak. Polyester raw material market weakens, cost end-to-market support weakens, mainstream bottle chip manufacturers offer down 50 yuan / ton, the focus of market negotiations fell slightly; 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, the market of polyester filament is weak. Polyester raw material market is weak to the lack of market support, polyester mainstream manufacturers offer down, market negotiations are loose, the market transaction center of gravity fell slightly. Downstream demand weakens, market production and marketing is depressed. 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 some quotations in the staple fiber market are adjusted back in a narrow range. Downstream follow-up is not good, the market production and marketing is light. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:4 24 PTA main 2409 contract opening price: 5948, lowest price: 5938, highest price: 5984, closing price: 5964, settlement price: 596, down 8, position: 956632.

 

Ethylene glycol: April 24th EG main contract 2409 opening price: 4500, lowest price: 4426, highest price: 4506, closing price: 4444, settlement price: 4457, down 96, position: 357490.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market maintains a high level, suppressing the market mentality, promoting the supply and demand of polyester raw material PTA and ethylene glycol market, it is expected that the short-term market will be weak and volatile, polyester raw material end support, polyester market offer will be mainly adjusted slightly with the cost, downstream demand is weak, market production and marketing is 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.