Polyester industry chain: The cost end is strong. The polyester market is deadlocked

Polyester industry chain: cost-end firm polyester market stalemate finishing

1. Market trend chart of polyester industry chain

On June 21, the market price index of ethylene glycol was 4512.99, up 23.76 from the previous working day.

On June 21st, the domestic PTA market price index was 5950, up 5% from the previous working day.

On June 21, the market price index of polyester chips was 6975, up 25% from the previous working day; the market price index of polyester bottle chips was 6985, unchanged from the previous working day.

II. Summary of market price of polyester industry chain

1. Brief introduction of Polyester Industry chain Market

PTA

Today, East China PTA spot market is arranged in a narrow range, with a reference of 5950 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract discount 15-Shengshui 20 near the transaction and negotiations, the spot basis is stable. The international crude oil market is strong, forming a certain support to the market, and the PTA futures market fluctuates 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 4505 yuan / ton, up 40 yuan / ton from the previous working day. The quotation in South China is around 4550 yuan / ton. Ethylene glycol port inventory is expected to be eliminated, forming a support for 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, the polyester chip market is narrow and strong. High-end cost support, polyester chip manufacturers offer stable, market low-end negotiations reduced, the focus of market negotiations increased slightly. Downstream demand follow-up is general, market production and marketing is relatively weak. 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 fluctuates at a high level, and the cost end forms a support to the market. Individual bottle chip manufacturers offer an increase of 20 yuan / ton, and the focus of market negotiations is adjusted slightly; downstream is cautious and 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 focus of market negotiations slightly adjusted. 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 high cost end forms the support to the market, under the short fiber market tight support, the negotiation center of gravity rises slightly. Downstream rigid demand follow-up, market production and marketing in general. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:PTA main force 2409 contract opening price: 5952, lowest price: 5918, highest price: 5970, closing price: 5922, settlement price: 5944, down 22, position: 783198.

Ethylene glycol:June 21 EG main contract 2409 opening price: 4510, lowest price: 4505, highest price: 4539, closing price: 4527, settlement price: 4523, up 32, position: 324593.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market is high and strong, the cost end promotes the market, the supply and demand side of polyester raw material PTA and ethylene glycol market 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 demand is weak, market production and marketing is light. 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.