Polyester industry chain: The raw material end pulls up and the polyester market follows up cautiously

I. the market trend chart of polyester industry chain

On May 17th, the market price index of ethylene glycol was 4442.48, up 30.10 from the previous working day.

 

On May 17th, China's PTA market price index was 5850, up 45% from the previous working day.

 

On May 17th, the market price index of polyester chips was 6800, unchanged from the previous working day, while the market price index of polyester bottle chips was 6985, up 10% 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 on the strong side, and we will consult around 5805 yuan / ton for negotiation. This week and next week, the main port and warehouse receipt delivery 09 contract level-discount 15 nearby transactions and negotiations, the spot basis is stable. The cost side is strong, the atmosphere of China's commodity market is warm, which promotes the formation of the market, and the PTA futures market rises 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 commodity atmosphere market is strong, boosts the market mentality, the ethylene glycol market negotiation center of gravity pulls up slightly, the East China quotation revolves around 4465 yuan / ton, rises 50 yuan / ton compared with the previous working day. The quotation in South China is around 4550 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, the polyester chip market is narrow and strong. The polyester raw material market is strong, the cost end to the market support is strengthened, the polyester chip factory shipping discount range narrows, the market negotiation center of gravity increases narrowly. Downstream demand follow-up in general, market production and sales decline. 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. The polyester raw material market rises, the cost end strengthens to the market support, the bottle chip manufacturer's offer increases 30-50 yuan / ton, the market negotiation center of gravity pulls up slightly; the downstream is cautious to wait and see, maintains the rigid demand to stock. 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 mainly ship, some specifications are adjusted slightly, and the focus of market transactions fluctuates in a narrow range. Downstream demand is relatively weak, the 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

The market for polyester staple fiber is up in a narrow range today. The strong cost end promotes the market, and the focus of negotiations in the staple fiber market rises slightly. Downstream demand weakens, market production and sales are light. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:5 17 PTA main 2409 contract opening price: 5838, lowest price: 5828, highest price: 5878, closing price: 5858, settlement price: 5854, up 50, position: 1059305.

 

Ethylene glycol: may 17 EG main contract 2409 opening price: 4454, lowest price: 4454, highest price: 4528, closing price: 4518, settlement price: 4494, up 57, position: 380638.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market maintains high volatility, the atmosphere of China's commodity market is strong, the market is adjusted, polyester raw material PTA and ethylene glycol market supply and demand are promoted, and the short-term market is expected to fluctuate in a narrow range, polyester raw material end support, polyester market offer will mainly adjust slightly with the cost, downstream demand weakens, market production and sales in general. 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.