Polyester industry chain: Rising raw materials boost polyester market trend stronger

1. Market trend chart of polyester industry chain

On September 20th, the market price index of ethylene glycol was 4505.17, up 7.11 from the previous working day.

China's PTA market price index was 4790 on Sept. 20, up 90% from the previous working day.

On September 20th, the market price index of polyester chips was 6125, up 25% from the previous working day; the market price index of polyester bottle chips was 6200, up 50% 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 trend of PTA in East China is getting stronger, and we will consult around 4790 yuan / ton. This week and next week, the main port and warehouse receipt delivery 01 discount 65-72 near the transaction and negotiations, the spot basis is strong. The international crude oil market rose, the Chinese commodity atmosphere strengthened, boosted 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 ethylene glycol market is arranged in a narrow range. The commodity atmosphere is strong, supporting the market mentality, the focus of ethylene glycol market negotiations rose slightly, East China quotation around 4440 yuan / ton, up 15 yuan / ton compared with the previous working day. The quotation in South China is around 4560 yuan / ton. Ethylene glycol port is expected to continue to go to the warehouse, forming support for the market. The downstream polyester load is stable 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 rises, the cost end supports the market, the polyester chip market offer increases, the market negotiation center of gravity rises slightly. Downstream demand weakens, market production and sales are light. 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. Polyester raw material market is strong, cost-end support, bottle chip mainstream manufacturers offer a small adjustment, bottle chip futures market rose, the focus of market negotiations slightly higher. 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. Polyester raw material market rising to support the market, polyester mainstream manufacturers offer stability, market focus to maintain finishing. Downstream demand slows, market production and sales are not good. It is expected that the market price of filament will be arranged in a narrow range in the short term.

Polyester staple fiber

The market of polyester staple fiber fluctuates in a narrow range today. The rise in the cost side to promote the market is limited, the staple fiber market talks about a narrow adjustment of the focus. Downstream rigid demand follow-up, market production and marketing in general. 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: 4898, lowest price: 4820, highest price: 4898, closing price: 4866, settlement price: 4862, up 84, position: 1330528.

Ethylene glycol:The opening price of the EG main contract 2501 is 4442, the lowest price is 4392, the highest price is 4445, the closing price is 4396, the settlement price is 4418, down 4, and the position is 300182.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market rebounded, promoting the formation of 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 narrow shock, polyester raw materials 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 in 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.