Polyester industry chain: Enterprises cut prices to promote polyester market production and sales rebounded

I. the market trend chart of polyester industry chain

On April 26th, the market price index of ethylene glycol was 4407.77, up 2.37 from the previous working day.

 

On April 26th, China's PTA market price index was 5905, down 10% from the previous working day.

 

On April 26th, the market price index of polyester chips was 6850, down 25 from the previous working day; the market price index of polyester bottle chips was 7075, 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 maintained and sorted out, and it is discussed for reference near 5905 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract discount 10-25 near the transaction and negotiation. The high level of the international crude oil market supports the market, and the range of PTA futures market fluctuates. 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 remains volatile. The international crude oil market is high, supporting the market mentality, and the focus of ethylene glycol market negotiations has been adjusted slightly. The quotation in East China revolves around 4345 yuan / ton, up 5 yuan / ton from the previous working day. The quotation in South China is around 4500 yuan / ton. The inventory of ethylene glycol port increases, the market supply pressure is high, 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. Polyester raw materials market finishing, cost end-to-market support in general, polyester chip manufacturers increased shipping intention, market offer loose, market negotiations focus on a narrow range of pullback. Downstream rigid demand follow-up, market production and marketing improved. It is expected that the polyester chip market will maintain the finishing operation in the short term.

Polyester bottle chip

Today, the market of polyester bottle chips is strong. Polyester raw materials market finishing, the cost end to the market support, bottle chip manufacturers part of the offer increased by 50 yuan / ton, the focus of market negotiations rose slightly; downstream cautious wait-and-see, beverage manufacturers large single bidding increased. 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 materials market finishing market support in general, polyester mainstream manufacturers increased shipping intention, market offer down, the market transaction center of gravity fell slightly. Downstream buying increased, 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, polyester staple fiber market maintains finishing. The cost end arrangement forms the support to the market, and the quotation of the staple fiber market is adjusted narrowly. Downstream replenishment increased, the market local production and sales volume. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:4 26 PTA main 2409 contract opening price: 5918, lowest price: 5880, highest price: 5948, closing price: 5936, settlement price: 5916, up 10%, position: 943510.

 

Ethylene glycol: April 26th EG main contract 2409 opening price: 4448, lowest price: 4415, highest price: 4460, closing price: 4454, settlement price: 4440, up 10%, position: 369584.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market maintains a high level, cost end support, polyester raw material PTA and ethylene glycol market supply and demand side drive, it is expected that the short-term market will be narrow shock, polyester raw material end support, polyester market offer will be mainly adjusted slightly with the cost, the downstream demand before the festival will increase, and market production and sales will 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.