Polyester industry chain: Raw materials continue to rise, polyester market rises across the board

1. Market trend chart of polyester industry chain

On August 27th, the market price index of ethylene glycol was 4684.26, up 38.81 from the previous working day.

China's PTA market price index was 5410 on Aug. 27, up 60 percent from the previous working day.

On August 27th, the market price index of polyester chips was 6650, unchanged from the previous working day, while the market price index of polyester bottle chips was 6750, up 75% from 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 of PTA in East China continues to strengthen, with a reference of 5410 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract discount 10-rise 30 near the transaction and negotiations, the spot basis is stable. The international crude oil market rose, the commodity atmosphere improved, boosted the market mentality, and the PTA futures market continued to rise. 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 rose within a narrow range. The international crude oil market rose, the cost was high, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4725 yuan / ton, up 65 yuan / ton from the previous working day. The quotation in South China is around 4780 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 is strong. The polyester raw material market continues to rise, the cost end support is enhanced, some polyester chip manufacturers' offers are slightly raised, the market shipping sentiment still exists, and the focus of market negotiations is adjusted slightly. Downstream carefully wait and see, market production and sales decline. It is expected that the polyester chip market will maintain the finishing operation in the short term.

Polyester bottle chip

Today, the market trend of polyester bottle chips is strong. The polyester raw material market continues to rise, the cost end support is strengthened, the mainstream bottle chip big factory offer rises, the market negotiation center of gravity rises slightly. Downstream cautious follow-up, light market trading. It is expected that the short-term lactone bottle chip market may maintain finishing.

Polyester filament

The market trend of polyester filament is getting stronger today. The rise of the polyester raw material market gives a boost to the market, polyester manufacturers offer more up or down concessions, the market trading center of gravity rose slightly. Downstream follow-up slowdown, market production and sales decline. 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 boosted the market, and the focus of negotiations in the staple fiber market rose slightly. Downstream rigid demand buying, market production and marketing weakening. 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 2501 contract opening price: 5512, lowest price: 5446, highest price: 5526, closing price: 5478, settlement price: 5484, up 60, position: 1172099.

Ethylene glycol:EG main contract 2501 opening price: 4730, lowest price: 4720, highest price: 4778, closing price: 4758, settlement price: 4746, up 84, position: 294227.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market is stronger, the atmosphere of Chinese commodities is improving, and the market is boosted by the supply and demand of polyester raw materials PTA and ethylene glycol. It is expected that the short-term market will fluctuate in a narrow range, polyester raw materials will be driven, polyester market offers will be mainly adjusted slightly with costs, downstream demand will weaken, and market production and sales will be 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.