Polyester industry chain: The raw material end is weakening. The polyester market is deadlocked

I. the market trend chart of polyester industry chain

On May 8th, the market price index of ethylene glycol was 4428.80, down 15.82 from the previous working day.

 

On May 8th, China's PTA market price index was 5845, down 15% from the previous working day.

 

On May 8th, 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 volatility is weak, negotiation reference 5845 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 closed down, suppressing the market mentality, and the PTA futures market weakened 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 weak and volatile. Commodity market atmosphere is weak, suppressing market mentality, ethylene glycol market negotiations focus on a slight correction, East China quotation around 4385 yuan / ton, down 30 yuan / ton compared with the previous working day. The quotation in South China is around 4520 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 weak, the cost end-to-market support is general, the polyester chip market supply is tight, the market offer is stable, and the market negotiation center of gravity is adjusted narrowly. Downstream demand weakens, the market production and marketing is depressed. 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 weak, cost end-to-market support is general, bottle chip manufacturers offer stable, market negotiation center of gravity 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. The polyester raw material market is weak to the market support is insufficient, the polyester mainstream manufacturer mainstream offer is stable, some negotiations are loose, the market transaction center of gravity is 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, polyester staple fiber market maintains finishing. The weak cost end is generally supported by the market, and the price of staple fiber market remains stable. Downstream demand follow-up generally, 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:5 March 8 PTA main 2409 contract opening price: 5852, lowest price: 5824, highest price: 5856, closing price: 5826, settlement price: 5842, down 30, position: 1031833.

 

Ethylene glycol: may 8th EG main contract 2409 opening price: 4475, lowest price: 4432, highest price: 4484, closing price: 4435, settlement price: 4457, down 45, position: 401638.

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, 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 demand weakens, market production and sales decline. 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.