Polyester industry chain: Costs remain high. Polyester market is deadlocked

I. the market trend chart of polyester industry chain

On May 28, the market price index of ethylene glycol was 4513.92, up 2.37 from the previous working day.

 

China's PTA market price index was 5955 on May 28th, down 5% from the previous working day.

 

On May 28th, the market price index of polyester chips was 6875, which was the same as that of the previous working day, while that of polyester bottle chips was 7000, 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 is arranged in a narrow range, with a reference of 5955 yuan / ton. 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 stable. The international crude oil market rose, supporting the market mentality, and the PTA futures market adjusted 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 fluctuates in a narrow range. The international crude oil market rose, supporting the market mentality, and the focus of negotiations in the ethylene glycol market adjusted slightly. The quotation in East China revolved around 4530 yuan / ton, up 5 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's polyester chip market is narrowly arranged. The market of polyester raw materials is arranged, the cost end forms the support to the market, the offer of polyester chip market is stable, and the center of gravity is adjusted narrowly. Downstream demand weakens, 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 maintained and arranged. Polyester raw materials market finishing, cost end-to-market support is stable, the mainstream bottle chip manufacturers offer stability, the focus of market negotiations a small adjustment; 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. The high level of the polyester raw material market supports the market, the mainstream offers of polyester manufacturers are stable, individual narrow increases, and the focus of market transactions is adjusted slightly. 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

The market of polyester staple fiber is weak today. The weak cost end is not enough to support the market, and the focus of negotiations in the staple fiber market has fallen slightly. Downstream demand weakens, 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 28 PTA main 2409 contract opening price: 5958, lowest price: 5914, highest price: 5968, closing price: 5918, settlement price: 5944, down 30, position: 893449.

 

Ethylene glycol: may 28th EG main contract 2409 opening price: 4573, lowest price: 4554, highest price: 4603, closing price: 4566, settlement price: 4580, down 3, position: 382808.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market remains high, the cost forms the support to the market, the polyester raw material PTA and the ethylene glycol market supply and demand end drive, the short-term market will be narrow shock, polyester raw material end support, polyester market offer will be mainly adjusted slightly with the cost, downstream demand weakens, market production and sales downturn. 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.