Polyester industry chain: limited cost support, polyester market fluctuates within a narrow range

I. the market trend chart of polyester industry chain

On May 13, the market price index of ethylene glycol was 4376.75, down 6.89 from the previous working day.

 

On May 13, China's PTA market price index was 5770, down 5% from the previous working day.

On May 13, the market price index of polyester chips was 6850, unchanged from the previous working day, while the market price index of polyester bottle chips was 6950, 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 East China PTA is in a weak position, and we will consult around 5770 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract discount 10-15 nearby transactions and negotiations, the spot basis is weak. The cost side is weak, the market support is insufficient, and the PTA futures market weakens 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 fluctuates in a narrow range. Supply-side tightening, supporting the market mentality, ethylene glycol market negotiations focus on a small adjustment, East China quotation around 4330 yuan / ton, up 20 yuan / ton compared to the previous working day. The quotation in South China is around 4480 yuan / ton. Ethylene glycol port inventory fell, giving a boost to the market. Downstream polyester load decreased slightly, the demand side of the market support is insufficient. 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. Polyester raw materials market finishing, the cost end of the market to form support, polyester chip market supply tightened, some market offers slightly higher, market negotiations focus on a narrow adjustment. Downstream active 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 for polyester bottle chips is weak. Polyester raw materials market finishing, cost end-to-market support in general, some bottle chip manufacturers offer down 50 yuan / ton, market negotiations focus on a narrow pullback; 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 arrangement forms the support to the market, the polyester mainstream manufacturer mainstream offer is stable, some specifications slightly pullback, the market transaction center of gravity fluctuates little. Downstream demand follow-up is not good, the market production and marketing is general. 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 trend of polyester staple fiber is weak. The cost-end finishing is insufficient to support the market, the discussion space of the staple fiber market is expanded, and the focus of market transaction is slightly lower. Downstream rigid demand follow-up, some production and marketing is better. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:5 13 PTA main 2409 contract opening price: 5812, lowest price: 5756, highest price: 5820, closing price: 5776, settlement price: 5784, down 10, position: 1180891.

 

Ethylene glycol: may 13th EG main contract 2409 opening price: 4395, lowest price: 4365, highest price: 4416, closing price: 4409, settlement price: 4392, up 29, position: 433890.

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 follow up, market production and sales vary. 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.