Polyester industry chain: Lack of cost drives production and sales in the polyester market to fall

I. the market trend chart of polyester industry chain

The market price index of ethylene glycol was 4489.97 on May 21, up 4.52 from the previous working day.

 

China's PTA market price index was 5925 on May 21, up 30% from the previous working day.

 

On May 21, the market price index of polyester chips was 6850, up 25% from the previous working day; the market price index of polyester bottle chips was 7025, up 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, East China PTA spot market trend is strong, discuss reference 5925 yuan / ton near. This week and next week, the main port and warehouse receipt delivery 09 contract up 5-8 or discount 10-15 near the transaction and negotiations, the spot basis is strong. The cost side is strong, 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 weak and volatile. The commodity atmosphere market weakens, suppresses the market mentality, the ethylene glycol market negotiation center of gravity pulls back slightly, the East China quotation revolves around 4500 yuan / ton, falls 25 yuan / ton compared with the previous working day. The quotation in South China is around 4580 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 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 cautious follow-up, 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 is strong, the cost end forms the support to the market, the mainstream bottle chip manufacturer's offer is stable, individual continues to increase 20 yuan / ton, the market negotiation center of gravity adjusts slightly; the downstream is cautious to wait and see, the market is light. 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 stable, market focus narrow adjustment. Downstream demand weakens, 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

Today's polyester staple market horizontal finishing. The high cost end supports the market, and the staple fiber market talks about a small adjustment of the focus. Downstream demand is relatively weak, market production and marketing weakens. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:5 21 PTA main 2409 contract opening price: 5910, lowest price: 5900, highest price: 5944, closing price: 5916, settlement price: 5918, up 20%, position: 913323.

 

Ethylene glycol: may 21 EG main contract 2409 opening price: 4552, lowest price: 4516, highest price: 4560, closing price: 4526, settlement price: 4537, down 29, position: 367368.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market fluctuates high, forms the support to the market, the polyester raw material PTA and the ethylene glycol market supply and demand end promotion, the short-term market will be narrow range shock, the polyester raw material end support, the polyester market offer will mainly adjust slightly along with the cost, the downstream demand weakens, the market production and sales fall back. 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.