Polyester industry chain: The cost end is getting stronger. Production and sales in the polyester market rebound

I. the market trend chart of polyester industry chain

On May 7th, the market price index of ethylene glycol was 4444.62, up 26.13 from the previous working day.

 

China's PTA market price index was 5860 on May 7, up 20% from the previous working day.

 

On May 7th, the market price index of polyester chips was 6850, which was the same as that of the previous working day, while that of polyester bottle chips was 7025, which was the same as that of 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 shock is strong, discuss reference 5860 yuan / ton near. This week and next week, the main port and warehouse receipt delivery 09 contract discount 10-rise water 5 near the transaction and negotiations, the spot basis is stable. The international crude oil market rose, supporting the market mentality, while the PTA futures market rose slightly. The rigid demand of traders and polyester factories follow up, and the market trading atmosphere is general. It is expected that the short-term market will maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is on the strong side. The cost end forms the support to the market, the center of gravity of the ethylene glycol market negotiation increases slightly, the price in East China revolves around 4415 yuan / ton, up 45 yuan / ton compared with the previous working day. The quotation in South China is around 4530 yuan / ton. Ethylene glycol port shipments are good, port inventory dropped sharply, downstream polyester load decreased slightly, supply and demand to promote the market is limited. Lack of continuous drive in the market, the short-term ethylene glycol market is expected to fluctuate within a narrow range.

Polyester chip

Today's polyester chip market is narrowly arranged. The polyester raw material market is strong, the cost end forms the support to the market, the polyester chip market supply tightens, the market offer is stable, the market negotiation center of gravity adjusts narrowly. Downstream demand can be followed up, and the market production and sales have 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 maintained and arranged. Polyester raw material market is strong, the cost end to the market support is enhanced, bottle chip manufacturers offer a small increase of 20 yuan / ton, market negotiations focus on a narrow adjustment; downstream cautious wait-and-see, market trading downturn. 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 is strong to support the market, polyester mainstream manufacturers offer stability, market focus narrow adjustment. Downstream demand to maintain rigid demand, part of the 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 of polyester staple fiber is strong. The strength of the cost end promoted the market, and the price of staple fiber market rose slightly. Downstream demand rigid demand follow-up, market production and sales pick up. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:5 March 7 PTA main 2409 contract opening price: 5864, lowest price: 5838, highest price: 5870, closing price: 5858, settlement price: 5856, up 20%, position: 984064.

 

Ethylene glycol: may 7th EG main contract 2409 opening price: 4470, lowest price: 4456, highest price: 4504, closing price: 4485, settlement price: 4480, up 25, position: 375100.

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 of polyester raw material PTA and ethylene glycol market is promoted, and the short-term market is expected to fluctuate in a narrow range, polyester raw material end support, polyester market offer will be mainly adjusted slightly with the cost, downstream rigid demand will follow, 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.