Polyester industry chain: Cost side supports narrow fluctuations in the polyester market

1. Market trend chart of polyester industry chain

On October 11th, the market price index of ethylene glycol was 4737.81, down 9.48 from the previous working day.

China's PTA market price index was 5180 on Oct. 11, up 40% from the previous working day.

On October 11th, the market price index of polyester chips was 6525, down 25 from the previous working day; the market price index of polyester bottle chips was 6525, 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 of PTA in East China is strong and volatile, so we will consult near 5180 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 weak. The international crude oil market rose, boosting the market mentality, and the PTA futures market strengthened. 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 adjust narrowly.

Glycol

Today, the ethylene glycol market fluctuates within a narrow range. High-end cost support, the focus of ethylene glycol market negotiations fluctuated slightly, East China quotation around 4810 yuan / ton, down 20 yuan / ton compared with the previous working day. The quotation in South China is around 4900 yuan / ton. Ethylene glycol port inventory remains low, supporting the market. The downstream polyester load is high, 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 weak and volatile. Polyester raw material market is strong, cost-end support, polyester chip manufacturers offer stable, but market offer is loose, the focus of market negotiations fell slightly. The downstream demand is weak, and the market production and marketing is light. 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 strong and volatile. The polyester raw material market is strong, the cost end support is enhanced, the offer of some bottle chip manufacturers is up, the bottle chip futures market is up, and the focus of market negotiations is 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 is strong to support the market, polyester mainstream manufacturers offer stability, the focus of market transactions to maintain finishing. Downstream demand weakens, market production and sales are flat. It is expected that the market price of filament will be arranged in a narrow range in the short term.

Polyester staple fiber

Today's polyester staple market narrow finishing. The cost side is strong to support the market, and the focus of negotiations in the staple fiber market fluctuates slightly. 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 force 2501 contract opening price: 5250, lowest price: 5214, highest price: 5288, closing price: 5236, settlement price: 5252, up 40, position: 1001003.

Ethylene glycol:EG main contract 2501 opening price: 4740, lowest price: 4717, highest price: 4792, closing price: 4786, settlement price: 4760, up 20%, position: 298769.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market rises, forms the support to the market, polyester raw material PTA and ethylene glycol market supply and demand end support, it is expected that the short-term market will be narrow shock, polyester raw material end-driven, polyester market offer will be slightly adjusted 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.