The market price index of ethylene glycol was 4670.78, down 7.94 from the previous working day.
On July 17th, the domestic PTA market price index was 5865, down 5% from the previous working day.
On July 17th, the market price index of polyester chips was 7100, which was the same as that of the previous working day, while that of polyester bottle chips was 7100, which was the same as that of the previous working day.
II. Summary of market price of polyester industry chain
Product | Specifications | Market | 2024.7.17 | 2024.7.16 | Rise and fall | Remarks |
PTA | Spot | East China | 5865 | 5870 | -5 | Self-withdrawing tax, yuan / ton |
Product | Specifications | Market | 2024.7.17 | 2024.7.16 | Rise and fall | Remarks |
Glycol | Polyester grade | East China | 4715 | 4725 | -10 | Self-withdrawing tax, yuan / ton |
Polyester grade | South China | 4700 | 4720 | -20 | Short delivery including tax, yuan / ton | |
Product | Specifications | Market | 2024.7.17 | 2024.7.16 | Rise and fall | Remarks |
Polyester chip | Semi-light section | East China | 7100 | 7100 | 0 | Factory includes tax, yuan / ton |
Light slicing | 7125 | 7125 | 0 | Factory includes tax, yuan / ton | ||
Product | Specifications | Market | 2024.7.17 | 2024.7.16 | Rise and fall | Remarks |
Polyester bottle chip | Aquarius level (IV.=0.8) | East China | 7100 | 7100 | 0 | Factory includes tax, yuan / ton |
Oil bottle grade | 7100 | 7100 | 0 | Factory includes tax, yuan / ton | ||
Hot pot grade | 7100 | 7100 | 0 | Factory includes tax, yuan / ton | ||
Carbonic acid grade | 7200 | 7200 | 0 | Factory includes tax, yuan / ton | ||
Aquarius level (IV.=0.8) | South China | 7100 | 7100 | 0 | Factory includes tax, yuan / ton | |
Oil bottle grade | 7100 | 7100 | 0 | Factory includes tax, yuan / ton | ||
Hot pot grade | 7100 | 7100 | 0 | Factory includes tax, yuan / ton | ||
Carbonic acid grade | 7200 | 7200 | 0 | Factory includes tax, yuan / ton | ||
Product | Specifications | Market | 2024.7.17 | 2024.7.16 | Rise and fall | Remarks |
Polyester filament | Jiangsu and Zhejiang market POY150D/48F | East China | 7990 | 8000 | -10 | Factory includes tax, yuan / ton |
Jiangsu and Zhejiang market FDY150D/96F | 8475 | 8500 | -25 | Factory includes tax, yuan / ton | ||
Jiangsu and Zhejiang market DTY150D/48F | 9425 | 9425 | 0 | Factory includes tax, yuan / ton | ||
Jiangsu and Zhejiang market POY75D/72F | 8150 | 8150 | 0 | Factory includes tax, yuan / ton | ||
Product | Specifications | Market | 2024.7.17 | 2024.7.16 | Rise and fall | Remarks |
Polyester staple yarn | Semi-glossy white 1.56: 38 | Jiangsu Province | 7725 | 7725 | 0 | Factory includes tax, yuan / ton |
Semi-glossy white 1.56: 38 | Zhejiang | 7775 | 7775 | 0 | Factory includes tax, yuan / ton |
PTA
Today, the spot market of PTA in East China is weak and fluctuating, so we will consult near 5865 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract Shengshui 35-40 near the transaction and negotiations, the spot basis is stable. The decline in the international crude oil market suppresses the market mentality, and the trend of the PTA futures market is weak. 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 continues to be weak. The weak commodity atmosphere suppressed the market mentality, and the focus of ethylene glycol market negotiations fell. The quotation in East China revolved around 4715 yuan / ton, down 10 yuan / ton compared with the previous working day. The quotation in South China is around 4700 yuan / ton. Ethylene glycol port inventory decline, supporting the market. The downstream polyester load falls, and the demand side weakens. 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 polyester raw material market is weak, the cost end support is general, the polyester chip manufacturer market offer is stable, the market negotiation center of gravity adjusts slightly. Downstream rigid demand follow-up, market production and marketing in general. It is expected that the polyester chip market will maintain the finishing operation in the short term.
Polyester bottle chip
Today, the market for polyester bottle chips fluctuates in a narrow range. Polyester raw material market trend is weak, cost end support is general, bottle chip manufacturers offer down 30-50 yuan / ton, market negotiation center of gravity fluctuates slightly downstream carefully wait and see, market trading is light. It is expected that the short-term lactone bottle chip market may maintain finishing.
Polyester filament
Today, the market of polyester filament is weak. Polyester raw material market weakening to the market support is insufficient, polyester mainstream manufacturers offer to maintain stability, some market negotiations focus on a slight decline. Downstream rigid demand followed up, some production and sales 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's polyester staple market narrow finishing. Cost-side weakness on the market support in general, staple fiber market negotiations focus on small fluctuations. 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: 5820, lowest price: 5808, highest price: 5852, closing price: 5834, settlement price: 5830, down 4, position: 861863.
Ethylene glycol:EG main contract 2409 opening price: 4676, lowest price: 4640, highest price: 4715, closing price: 4641, settlement price: 4681, down 57, position: 363266.
V. production and marketing data of polyester market
Product | 2024.7.17 | 2024.7.16 | Rise and fall | Unit |
Polyester chip | 35% | 35% | 0% | % |
Polyester filament | 70% | 30% | + 40% | % |
Polyester staple fiber | 20% | 20% | 0% | % |
VI. Future forecast
The international crude oil market falls, the cost support is insufficient, the polyester raw material PTA and ethylene glycol market supply and demand end support, it is expected that the short-term market will be weak shock, polyester raw material end to promote, polyester market offer will mainly adjust slightly with the cost, downstream demand is weak, market production and sales are different. 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.