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 September 24th, the market price index of ethylene glycol was 4516.25, up 34.84 from the previous working day.

On Sept. 24, China's PTA market price index was 4800, up 50% from the previous working day.

On September 24th, the market price index of polyester chips was 6100, which was stable compared with the previous working day; the market price index of polyester bottle chips was 6225, 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 4800 yuan / ton. This week and next week, the main port and warehouse receipt delivery 01 discount 60-67 near the transaction and negotiations, the spot basis is strong. Under the stimulation of Chinese policy, the commodity atmosphere strengthened, 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 ethylene glycol market rose narrowly. Macroeconomic stimulus, stronger commodity atmosphere, adjustment of market mentality, ethylene glycol market negotiation focus rose slightly, East China quotation around 4460 yuan / ton, up 60 yuan / ton compared with the previous working day. The quotation in South China is around 4570 yuan / ton. Ethylene glycol port inventory decline, supporting 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 maintains finishing. Polyester raw material market is stronger, cost-end support, polyester chip manufacturers offer stable, market negotiations focus on a small adjustment. Downstream active replenishment, the 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 trend of polyester bottle chips is strong. Polyester raw material market rose, cost-end support enhanced, bottle chip mainstream manufacturers offer slightly upward, bottle chip futures market upward, the focus of market negotiations slightly increased. 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 under the pressure of shipments, local negotiations loose, market transaction focus narrow finishing. Downstream rigid demand for stock, market production and marketing improved. 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 polyester staple market is narrowly strengthened. The rebound in the cost side boosted the market, and the focus of negotiations in the staple fiber market rose narrowly. Downstream rigid demand followed, 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 2501 contract opening price: 4808, lowest price: 4782, highest price: 4942, closing price: 4930, settlement price: 4862, up 108, position: 1295745.

Ethylene glycol:EG main contract 2501 opening price: 4365, lowest price: 4341, highest price: 4470, closing price: 4459, settlement price: 4404, up 81, position: 293273.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market is volatile, China's policy end is good to boost, polyester raw material PTA and ethylene glycol market supply and demand 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 pick up. 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.