Polyester industry chain: The raw material side rebounds, the polyester market trend is strong

1. Market trend chart of polyester industry chain

On August 16th, the market price index of ethylene glycol was 4597.93, up 15.82 from the previous working day.

On Aug. 16, the domestic PTA market price index was 5520, up 40% from the previous working day.

On August 16th, the market price index of polyester chips was 6775, unchanged from the previous working day, while the market price index of polyester bottle chips was 6850, up 25% 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 trend is strong, discuss reference 5520 yuan / ton near. This week and next week, the main port and warehouse receipt delivery 09 contract discount 0-15 near the transaction and negotiation, the spot basis is stable. The international crude oil market rose, boosting the market mentality, and the PTA futures market rebounded. 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 getting stronger. The rise in international crude oil prices has boosted the market mentality, and the focus of negotiations in the ethylene glycol market has risen slightly. The price quoted in East China revolves around 4580 yuan / ton, up 30 yuan / ton from the previous working day. The quotation in South China is around 4670 yuan / ton. Ethylene glycol port inventory increased, insufficient support for the market. The downstream polyester load picks up, and the demand side forms support. 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 maintains finishing. The polyester raw material PTA market strengthens, the cost end high support, the polyester chip market offer is stable, the market negotiation center of gravity adjusts slightly. Downstream demand follow-up is insufficient, the market production and marketing is general. 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 strong. Polyester raw material market is strong, cost-end support is enhanced, mainstream bottle chip manufacturers offer up 40-50 yuan / ton, the center of gravity of market negotiations rebounded slightly. Downstream cautious follow-up, 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 strength of the polyester raw material market supports the market, the quotation of mainstream polyester manufacturers is stable, and the focus of market transaction is adjusted slightly. Downstream rigid demand procurement, market production and marketing downturn. 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 strengthening of the cost side boosted the market, and the focus of negotiations in the staple fiber market rose slightly. Downstream rigid demand buying, market production and sales slightly improved. 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 2501 contract opening price: 5544, lowest price: 5522, highest price: 5610, closing price: 5550, settlement price: 5570, up 40, position: 1017932.

Ethylene glycol:EG main contract 2409 opening price: 4507, lowest price: 4507, highest price: 4563, closing price: 4522, settlement price: 45383, up 15%, position: 122510.

V. production and marketing data of polyester market

VI. Future forecast

The high fluctuation of the international crude oil market promotes the formation of the market, 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-driven, polyester market offer will be mainly adjusted slightly with the cost, downstream rigid demand follow-up, market production and sales 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.