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Polyester industry chain: The polyester market is cautious and follows up

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June 19, 2024, 4:11 PM

Polyester industry chain: the raw material end is strong and the polyester market follows carefully.

  1. Market trend chart of polyester industry chain

On June 19th, the ethylene glycol market price index was 4476.55, up 6.34 from the previous working day.

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On June 19th, China's PTA market price index was 5940, up 35% from the previous working day.

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On June 19th, the market price index of polyester chips was 6950, 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.

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II. Summary of market price of polyester industry chain

Product Specifications Market 2024.6.19 2024.6.18 Rise and fall Remarks
PTA Spot East China 5940 5905 +35 Self-withdrawing tax, yuan / ton
Product Specifications Market 2024.6.19 2024.6.18 Rise and fall Remarks
Glycol Polyester grade East China 4445 4435 +10 Self-withdrawing tax, yuan / ton
Polyester grade South China 4500 4490 +10 Short delivery including tax, yuan / ton
Product Specifications Market 2024.6.19 2024.6.18 Rise and fall Remarks
Polyester chip Semi-light section East China 6950 6950 0 Factory includes tax, yuan / ton
Light slicing 6975 6975 0 Factory includes tax, yuan / ton
Product Specifications Market 2024.6.19 2024.6.18 Rise and fall Remarks
Polyester bottle chip Aquarius level (IV.=0.8) East China 6975 6975 0 Factory includes tax, yuan / ton
Oil bottle grade 6975 6975 0 Factory includes tax, yuan / ton
Hot pot grade 6975 6975 0 Factory includes tax, yuan / ton
Carbonic acid grade 7075 7075 0 Factory includes tax, yuan / ton
Aquarius level (IV.=0.8) South China 6975 6975 0 Factory includes tax, yuan / ton
Oil bottle grade 6975 6975 0 Factory includes tax, yuan / ton
Hot pot grade 6975 6975 0 Factory includes tax, yuan / ton
Carbonic acid grade 7075 7075 0 Factory includes tax, yuan / ton
Product Specifications Market 2024.6.19 2024.6.18 Rise and fall Remarks
Polyester filament Jiangsu and Zhejiang market POY150D/48F East China 7875 7875 0 Factory includes tax, yuan / ton
Jiangsu and Zhejiang market FDY150D/96F 8325 8325 0 Factory includes tax, yuan / ton
Jiangsu and Zhejiang market DTY150D/48F 9350 9325 +25 Factory includes tax, yuan / ton
Jiangsu and Zhejiang market POY75D/72F 8050 8050 0 Factory includes tax, yuan / ton
Product Specifications Market 2024.6.19 2024.6.18 Rise and fall Remarks
Polyester staple yarn Semi-glossy white 1.56: 38 Jiangsu Province 7475 7475 0 Factory includes tax, yuan / ton
Semi-glossy white 1.56: 38 Zhejiang 7500 7475 +25 Factory includes tax, yuan / ton
  1. Brief introduction of Polyester Industry chain Market

PTA

PTA spot market in East China rose narrowly today, with a reference of 5940 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract Shengshui 0-25 near the transaction and negotiations, the spot basis is strong. The international crude oil market rose, forming a certain support to the market, 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 PTA market will maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is strong. 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 4445 yuan / ton, up 10 yuan / ton from the previous working day. The quotation in South China is around 4500 yuan / ton. Ethylene glycol port inventory is slightly removed, which is generally supportive to the market. The downstream polyester load remains high and the market rigid demand is stable. 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. High-end cost support, polyester chip manufacturers offer stable, market negotiations focus on a small adjustment. Downstream rigid demand follow-up, local 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 maintained and arranged. The polyester raw material market is strong, the cost end forms the support to the market, some bottle chip manufacturers offer increases 20 yuan / ton, the market negotiation center of gravity fluctuation is not big; downstream cautious wait and see, the market trading is light. It is expected that the short-term lactone bottle chip 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, some specifications rose narrowly, the market talks about a small adjustment of the focus. Downstream demand remains weak, and the market production and marketing are general. 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 cost end is strong to support the market, and the focus of negotiations has risen slightly under the tight support of the staple fiber market. Downstream concentrated replenishment, the market production and marketing improved. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:6 19 PTA main force 2409 contract opening price: 5882, lowest price: 5880, highest price: 5958, closing price: 5942, settlement price: 5928, up 44, position: 774913.

Ethylene glycol: June 19 EG main contract 2409 opening price: 4467, lowest price: 4456, highest price: 4494, closing price: 4474, settlement price: 4477, up 4, position: 333986.

V. production and marketing data of polyester market

Product 2024.6.19 2024.6.18 Rise and fall Unit
Polyester chip 60% 105% -45% %
Polyester filament 50% 50% 0% %
Polyester staple fiber 80% 50% +30% %

VI. Future forecast

The international crude oil market is high and strong, the cost end promotes the market, the polyester raw material PTA and ethylene glycol market supply and demand end support, it is expected that 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 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.