- Mall
- Supermarket
- Supplier
- Cross-Border Barter
- Industrial Data
- Warehouse Logistics
- Trade Assurance
- Expo Services
On July 3rd, the ethylene glycol market price index was 4666.81, up 14.22 from the previous working day.
On July 3, the domestic PTA market price index was 6100, up 70% from the previous working day.
On July 3, the market price index of polyester chips was 7150, up 25% from the previous working day; and the market price index of polyester bottle chips was 7125, up 100% from the previous working day.
II. Summary of market price of polyester industry chain
| Product | Specifications | Market | 2024.7.3 | 2024.7.2 | Rise and fall | Remarks |
| PTA | Spot | East China | 6100 | 6030 | + 70 | Self-withdrawing tax, yuan / ton |
| Product | Specifications | Market | 2024.7.3 | 2024.7.2 | Rise and fall | Remarks |
| Glycol | Polyester grade | East China | 4740 | 4710 | + 30 | Self-withdrawing tax, yuan / ton |
| Polyester grade | South China | 4730 | 4730 | 0 | Short delivery including tax, yuan / ton | |
| Product | Specifications | Market | 2024.7.3 | 2024.7.2 | Rise and fall | Remarks |
| Polyester chip | Semi-light section | East China | 7150 | 7125 | + 25 | Factory includes tax, yuan / ton |
| Light slicing | 7150 | 7125 | + 25 | Factory includes tax, yuan / ton | ||
| Product | Specifications | Market | 2024.7.3 | 2024.7.2 | Rise and fall | Remarks |
| Polyester bottle chip | Aquarius level (IV.=0.8) | East China | 7125 | 7025 | + 100 | Factory includes tax, yuan / ton |
| Oil bottle grade | 7125 | 7025 | + 100 | Factory includes tax, yuan / ton | ||
| Hot pot grade | 7125 | 7025 | + 100 | Factory includes tax, yuan / ton | ||
| Carbonic acid grade | 7225 | 7125 | + 100 | Factory includes tax, yuan / ton | ||
| Aquarius level (IV.=0.8) | South China | 7125 | 7025 | + 100 | Factory includes tax, yuan / ton | |
| Oil bottle grade | 7125 | 7025 | + 100 | Factory includes tax, yuan / ton | ||
| Hot pot grade | 7125 | 7025 | + 100 | Factory includes tax, yuan / ton | ||
| Carbonic acid grade | 7225 | 7125 | + 100 | Factory includes tax, yuan / ton | ||
| Product | Specifications | Market | 2024.7.3 | 2024.7.2 | Rise and fall | Remarks |
| Polyester filament | Jiangsu and Zhejiang market POY150D/48F | East China | 8000 | 8000 | 0 | Factory includes tax, yuan / ton |
| Jiangsu and Zhejiang market FDY150D/96F | 8500 | 8500 | 0 | Factory includes tax, yuan / ton | ||
| Jiangsu and Zhejiang market DTY150D/48F | 9400 | 9400 | 0 | Factory includes tax, yuan / ton | ||
| Jiangsu and Zhejiang market POY75D/72F | 8150 | 8150 | 0 | Factory includes tax, yuan / ton | ||
| Product | Specifications | Market | 2024.7.3 | 2024.7.2 | Rise and fall | Remarks |
| Polyester staple yarn | Semi-glossy white 1.56: 38 | Jiangsu Province | 7825 | 7775 | + 50 | Factory includes tax, yuan / ton |
| Semi-glossy white 1.56: 38 | Zhejiang | 7825 | 7800 | + 50 | Factory includes tax, yuan / ton |
PTA
PTA spot market in East China rose narrowly today, with a reference of 6100 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract Shengshui 35-70 near the transaction and negotiations, the spot basis is strong. The high level of the international crude oil market, tight market supply, coupled with capital-side promotion, the PTA futures market rose. 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 narrow and strong. Driven by high costs, the focus of negotiations in the ethylene glycol market continues to rise, with quotations in East China around 4740 yuan / ton, up 30 yuan / ton from the previous working day. The quotation in South China is around 4730 yuan / ton. Ethylene glycol port inventory is low, forming a support for the market. The downstream polyester load is 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. The polyester raw material market rises, the cost end promotes, the polyester chip market low-end offer decreases, the market negotiation center of gravity increases slightly. Downstream active follow-up, 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
The market for polyester bottle chips rose narrowly today. Polyester raw material market is high, the cost end to promote the formation of the market, the mainstream bottle chip manufacturers offer up 50-100 yuan / ton, the focus of market negotiations will rise; downstream cautious wait-and-see, light market trading. It is expected that the short-term lactone bottle chip 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 offers of mainstream polyester manufacturers remain stable, individual offers are adjusted, and the focus of market negotiations is maintained. Downstream rigid demand follow-up, market production and marketing improved. It is expected that the market price of filament will be arranged in a narrow range in the short term.
Polyester staple fiber
Today, the market of polyester staple fiber is strong. The rising cost side promotes the market, and the focus of negotiations in the staple fiber market increases slightly. Downstream cautious wait-and-see, market production and marketing continues to be light. 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: 6012, lowest price: 6000, highest price: 6098, closing price: 6096, settlement price: 6052, up 112, position: 1229214.
Ethylene glycol:EG main contract 2409 opening price: 4706, lowest price: 4687, highest price: 4730, closing price: 4728, settlement price: 4710, up 35, position: 411362.
V. production and marketing data of polyester market
| Product | 2024.7.3 | 2024.7.2 | Rise and fall | Unit |
| Polyester chip | 120 per cent | 40% | + 80% | % |
| Polyester filament | 70% | 40% | + 30% | % |
| Polyester staple fiber | 40% | 20% | + 20% | % |
VI. Future forecast
The international crude oil market is high and strong, the cost end forms the support to 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 high 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 have rebounded. 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.
