Polyester industry chain: The raw material end continues to rise. Production and sales in the polyester market rebound

I. the market trend chart of polyester industry chain

On May 20th, the market price index of ethylene glycol was 4485.45, up 42.97 from the previous working day.

 

On May 20th, China's PTA market price index was 5895, up 45% from the previous working day.

On May 20, the market price index of polyester chips was 6825, up 25% from the previous working day; the market price index of polyester bottle chips was 7000, up 15% 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 continues to rise, with reference to 5895 yuan / ton. 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 continues to rise. 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 4525 yuan / ton, rises 60 yuan / ton compared with the previous working day. The quotation in South China is around 4600 yuan / ton. Ethylene glycol port inventory rose, while the market supply tightened, supporting the market. Downstream polyester load remains stable, demand-side support to the market is general. 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 rises, the cost end strengthens to the market support, the polyester chip factory shipment preferential range narrows, the market negotiation center of gravity rises narrowly. Downstream demand actively 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. The polyester raw material market rises, the cost end strengthens to the market support, the bottle chip manufacturer's offer increases 50 yuan / ton, the market negotiation center of gravity pulls up slightly; the downstream is cautious to wait and see, maintains the rigid demand stock. 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 material market is strong to support the market, starting from the weekend, polyester mainstream manufacturers mainly reduced prices, market focus narrow pullback. Downstream demand improved, 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, the market for polyester staple fiber is narrow and strong. The rising cost side supports the market, and the focus of negotiations in the staple fiber market rises slightly. 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 20 PTA main 2409 contract opening price: 5864, lowest price: 5856, highest price: 5928, closing price: 5926, settlement price: 5896, up 72, position: 978816.

 

Ethylene glycol: may 20 EG main contract 2409 opening price: 4530, lowest price: 4516, highest price: 4589, closing price: 4552, settlement price: 4555, up 58, position: 392809.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market maintains a high level, the atmosphere of China's commodity market is strong, which promotes the formation of the market, polyester raw material PTA and ethylene glycol market supply and demand, it is expected that the short-term market will be narrow shock, polyester raw material end support, polyester market offer will mainly adjust slightly with the cost, downstream rigid demand follow up, market production and sales 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.