Polyester industry chain: The raw material side is stronger. The polyester market is cautiously following up

I. the market trend chart of polyester industry chain

On May 24th, the market price index of ethylene glycol was 4486.18, up 11.08 from the previous working day.

 

China's PTA market price index was 5935 on May 24, up 25% from the previous working day.

 

On May 24th, 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 6975, 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 trend is strong, discuss reference 5935 yuan / ton near. This week and next week, the main port and warehouse receipt delivery 09 contract Shengshui 15-20 near the transaction and negotiations, the spot basis is strong. The commodity market atmosphere improved, boosting the market mentality, and the PTA futures market rose 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 rises slightly, the East China quotation revolves around 4485 yuan / ton, falls 20 yuan / ton compared with the previous working day. The quotation in South China is around 4560 yuan / ton. Ethylene glycol port inventory decline, 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's polyester chip market is narrowly arranged. The polyester raw material market is strong, the cost end forms the support to the market, the polyester chip factory shipping offer is stable, the market negotiation center of gravity adjusts narrowly. Downstream demand increased, market production and sales rebounded. 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 adjusted in a narrow range. Polyester raw material market is strong, the cost end to the market support is enhanced, the mainstream bottle chip manufacturers offer up 30-50 yuan / ton, the focus of market negotiations fluctuates slightly; downstream cautious wait-and-see, light market trading. It is expected that the short-term lactone bottle market may maintain finishing.

Polyester filament

Today, the market of polyester filament is strong. Polyester raw material market is strong to support the market, polyester mainstream manufacturers offer up, the market is sold at low prices, and the focus of market transactions is narrowly increased. Downstream demand follow-up is general, market production and marketing is light. 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 of polyester staple fiber is strong. The strength of the cost end strengthens the support of the market, and the focus of negotiations in the staple fiber market increases slightly. Downstream demand is relatively weak, the market production and marketing is general. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:5 24 PTA main 2409 contract opening price: 5910, lowest price: 5890, highest price: 5930, closing price: 5922, settlement price: 5918, up 30%, position: 868241.

 

Ethylene glycol: may 24th EG main contract 2409 opening price: 4520, lowest price: 4507, highest price: 4571, closing price: 4559, settlement price: 4535, up 42, position: 381008.

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.