Polyester industry chain: Cost continues to drive the polyester market to continue to strengthen

1. Market trend chart of polyester industry chain

On September 25th, the market price index of ethylene glycol was 4589.21, up 72.96 from the previous working day.

China's PTA market price index was 4925 on Sept. 25, up 125 from the previous working day.

On September 25, the market price index of polyester chips was 6150, up 50% from the previous working day; the market price index of polyester bottle chips was 6300, 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 East China PTA continues to rise, with a reference of 4925 yuan / ton. This week and next week, the main port and warehouse receipt delivery 01 discount 60-66 near the transaction and negotiations, the spot basis is stable. The rise in international crude oil, coupled with the favorable release of Chinese policy, the stronger commodity atmosphere, boosted 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 volatility rose. Macroeconomic promotion, commodity market rise, boost market mentality, ethylene glycol market negotiation focus increased, East China quotation around 4570 yuan / ton, up 110 yuan / ton compared with the previous working day. The quotation in South China is around 4700 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 is strong. The polyester raw material market rises, the cost end promotes, the polyester chip manufacturer's offer increases, the market negotiation center of gravity rises slightly. Downstream rigid demand for stock-based, market production and sales fell slightly. 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 rises, the cost end support strengthens, the bottle chip mainstream manufacturer offer continues to rise, the bottle chip futures market rises, the market negotiation center of gravity pulls up accordingly. 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, local negotiations on a small adjustment, the market transaction focus of narrow finishing. Downstream demand weakens, 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

Today, the polyester staple market is narrowly strengthened. The rising cost side boosted the market, and the focus of negotiations in the staple fiber market rose narrowly. Downstream rigid demand follow-up, market production and marketing is OK. 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: 4956, lowest price: 4940, highest price: 5072, closing price: 4946, settlement price: 4992, up 84, position: 1218268.

Ethylene glycol:EG main contract 2501 opening price: 4470, lowest price: 4451, highest price: 4550, closing price: 4493, settlement price: 4505, rising, position: 274923.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market rises, the Chinese policy end is favorable to boost, the polyester raw material PTA and the ethylene glycol market supply and demand end support, the short-term market will be strong and volatile, the polyester raw material end will promote, the polyester market offer will be mainly adjusted slightly with the cost, the downstream rigid demand will follow up, and the market production and sales will weaken. 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.