Polyester industry chain: The raw material side continues to strengthen, and the polyester market follows up slightly

I. the market trend chart of polyester industry chain

On May 27th, the market price index of ethylene glycol was 4511.55, up 25.36 from the previous working day.

 

On May 27th, China's PTA market price index was 5960, up 25% from the previous working day.

 

On May 27th, the market price index of polyester chips was 6875, up 25% from the previous working day; the market price index of polyester bottle chips was 7000, 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 5960 yuan / ton near. This week and next week, the main port and warehouse receipt delivery 09 contract Shengshui 10-13 near the transaction and negotiations, the spot basis is weak. The international crude oil market rose, 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 rise in the international crude oil market boosted the market mentality, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4525 yuan / ton, up 40 yuan / ton from the previous working day. The quotation in South China is around 4600 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, the polyester chip market is narrow and strong. The polyester raw material market is strong, the cost end forms the support to the market, the polyester chip market offer increases, the market low-end offer decreases, the negotiation center of gravity increases narrowly. Downstream rigid demand follow-up, market production and marketing is OK. 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 on the strong side. 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 slightly increased; downstream cautious wait-and-see, light market trading. 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 stability, a few narrow upward, the market focus of small adjustment. 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 rigid demand to follow up, part of the market production and marketing is OK. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:5 27 PTA main 2409 contract opening price: 5934, lowest price: 5924, highest price: 5962, closing price: 5944, settlement price: 5948, up 26, position: 893807.

 

Ethylene glycol: may 27th EG main contract 2409 opening price: 4560, lowest price: 4537, highest price: 4597, closing price: 4567, settlement price: 4569, up 32, position: 389144.

V. production and marketing data of polyester market

VI. Future forecast

International crude oil market to maintain high volatility, cost to promote the formation of the market, polyester raw materials PTA and ethylene glycol market supply and demand drive, it is expected that the short-term market will be a narrow range of shocks, polyester raw materials 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.