Polyester industry chain: Rising raw materials boosted the recovery of production and sales in the polyester market

1. Market trend chart of polyester industry chain

On August 26th, the market price index of ethylene glycol was 4640.64, up 9.48 from the previous working day.

China's PTA market price index was 5350 on Aug. 26, up 60 percent from the previous working day.

On August 26th, the market price index of polyester chips was 6650, which was the same as that of the previous working day, while that of polyester bottle chips was 6675, which was the same as that of the previous working day.

II. Summary of market price of polyester industry chain

1. Brief introduction of Polyester Industry chain Market

PTA

Today, the spot market trend of PTA in East China is getting stronger, and we will consult around 5350 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract discount 20-rise 30 near the transaction and negotiations, the spot basis is stable. The international crude oil market rose, the commodity atmosphere improved, boosted 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 international crude oil market is rising, the cost is high, and the focus of negotiations in the ethylene glycol market is slightly stronger. The quotation in East China revolves around 4660 yuan / ton, up 20 yuan / ton from the previous working day. The quotation in South China is around 4700 yuan / ton. Ethylene glycol port inventory rose, the formation of pressure on the market. The downstream polyester load is low, and the demand end support is general. 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 PTA market of polyester raw materials is rising, the cost end support is enhanced, the offer of polyester chip manufacturers is stable, the supply of goods at low prices in the market is reduced, and the focus of market negotiations is adjusted slightly. The number of buyers in the lower reaches increased, and the market production and sales volume. 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 rises, the cost end support strengthens, the afternoon mainstream bottle chip big factory offer increases 40 yuan / ton, the market negotiation center of gravity adjusts 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, the market of polyester filament falls back and finishes. Polyester raw materials market stronger to support the market, polyester manufacturers under the pressure of shipments, the current focus on promotional shipments, the market transaction center of gravity is lower. The downstream actively prepares for bargains, and the market production and sales pick up. It is expected that the market price of filament will be arranged in a narrow range in the short term.

Polyester staple fiber

Polyester staple fiber market rose narrowly today. The strengthening of the cost side has boosted the market, coupled with tighter supply, and the focus of negotiations in the staple fiber market has risen slightly. Downstream rigid demand buying, market production and sales 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: 5374, lowest price: 5370, highest price: 5480, closing price: 5464, settlement price: 5418, up 116,116, position: 1184982.

Ethylene glycol:EG main contract 2501 opening price: 4654, lowest price: 4640, highest price: 4720, closing price: 4715, settlement price: 4674, up 54, position: 265485.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market rebounds, the Chinese commodity atmosphere is strong, forms the boost to the market, the polyester raw material PTA and the ethylene glycol market supply and demand end support, the short-term market will be narrow concussion, the polyester raw material end promotes, the polyester market offer will mainly adjust slightly with the cost, the downstream rigid demand follows, the market production and sale picks up. 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.