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Polyester industry chain: The cost end is getting stronger. Production and sales in the polyester market are improving

96,203
July 31, 2024, 4:18 PM
  1. Market trend chart of polyester industry chain

On July 31, the market price index of ethylene glycol was 4662.77, up 10.31 from the previous working day.

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On July 31st, the domestic PTA market price index was 5750, up 10% from the previous working day.

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On July 31, the market price index of polyester chips was 7025, which was the same as that of the previous working day, while that of polyester bottle chips was 7050, which was the same as that of the previous working day.

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II. Summary of market price of polyester industry chain

ProductSpecificationsMarket2024.7.312024.7.30Rise and fallRemarks
PTASpotEast China57505740+ 10Self-withdrawing tax, yuan / ton
ProductSpecificationsMarket2024.7.312024.7.30Rise and fallRemarks
GlycolPolyester gradeEast China46704655+ 15Self-withdrawing tax, yuan / ton
Polyester gradeSouth China47204700+ 20Short delivery including tax, yuan / ton
ProductSpecificationsMarket2024.7.312024.7.30Rise and fallRemarks
Polyester chipSemi-light sectionEast China702570250Factory includes tax, yuan / ton
Light slicing705070500Factory includes tax, yuan / ton
ProductSpecificationsMarket2024.7.312024.7.30Rise and fallRemarks
Polyester bottle chipAquarius level (IV.=0.8)East China705070500Factory includes tax, yuan / ton
Oil bottle grade705070500Factory includes tax, yuan / ton
Hot pot grade705070500Factory includes tax, yuan / ton
Carbonic acid grade715071500Factory includes tax, yuan / ton
Aquarius level (IV.=0.8)South China705070500Factory includes tax, yuan / ton
Oil bottle grade705070500Factory includes tax, yuan / ton
Hot pot grade705070500Factory includes tax, yuan / ton
Carbonic acid grade715071500Factory includes tax, yuan / ton
ProductSpecificationsMarket2024.7.312024.7.30Rise and fallRemarks
Polyester filamentJiangsu and Zhejiang market POY150D/48FEast China775077500Factory includes tax, yuan / ton
Jiangsu and Zhejiang market FDY150D/96F830083000Factory includes tax, yuan / ton
Jiangsu and Zhejiang market DTY150D/48F925092500Factory includes tax, yuan / ton
Jiangsu and Zhejiang market POY75D/72F790079000Factory includes tax, yuan / ton
ProductSpecificationsMarket2024.7.312024.7.30Rise and fallRemarks
Polyester staple yarnSemi-glossy white 1.56: 38Jiangsu Province76507625+ 25Factory includes tax, yuan / ton
Semi-glossy white 1.56: 38Zhejiang762576250Factory includes tax, yuan / ton
  1. Brief introduction of Polyester Industry chain Market

PTA

Today, the spot market of PTA in East China is narrow and strong, so we can negotiate around 5750 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract Shengshui 15-20 near the transaction and negotiations, the spot spread weakened. The international crude oil market rose, boosting the market mentality, and 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 strong. The commodity atmosphere improved, boosting the market mentality, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4670 yuan / ton, up 15 yuan / ton from the previous working day. The quotation in South China is around 4720 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. Polyester raw material PTA market is strong, the cost end support is stable, the polyester chip market offer is stable, the market negotiation center of gravity is adjusted slightly. Downstream rigid demand follow-up, market production and marketing improved. 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. The polyester raw material market is strong, the cost end forms the support, the mainstream bottle chip manufacturer offers are stable, the market negotiation center of gravity adjusts slightly. Downstream cautious follow-up, market trading turned weak. 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 materials market stronger to support the market, polyester mainstream manufacturers offer stability, market negotiations to maintain the focus of finishing. The downstream demand is weak, and the market production and marketing is light. 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 for polyester staple fiber is narrow and strong. The rise in the cost side promoted the market, and the focus of negotiations in the staple fiber market rose slightly. Downstream active follow-up, market production and sales rebounded. 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: 5698, lowest price: 5684, highest price: 5780, closing price: 5776, settlement price: 5730, up 58, position: 788218.

Ethylene glycol:EG main contract 2409 opening price: 4580, lowest price: 4565, highest price: 4658, closing price: 4654, settlement price: 4614, up 27, position: 252559.

V. production and marketing data of polyester market

Product2024.7.312024.7.30Rise and fallUnit
Polyester chip70%30%+ 40%%
Polyester filament40%35%+ 5%%
Polyester staple fiber100%50%+ 50%%

VI. Future forecast

The international crude oil market rebounded, forming a boost to the market, polyester raw materials PTA and ethylene glycol market supply and demand end support, it is expected that the short-term market will be a narrow range of shocks, polyester raw materials end-driven, polyester market offer will mainly adjust slightly with the cost, downstream rigid demand follow-up, market production and sales 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.