- Mall
- Supermarket
- Supplier
- Cross-Border Barter
- Industrial Data
- Warehouse Logistics
- Trade Assurance
- Expo Services
On October 30, the ethylene glycol market price index was 4,610.63, down 10.31 from the previous working day.
On October 30, China's PTA market price index was 4785, down 30 percent from the previous working day.
On October 30, the polyester chip market price index was 6150, down 25 from the previous working day; the polyester bottle chip market price index was 6150, down 50 from the previous working day.
2. Summary of market prices in the polyester industry chain
| products | specifications | market | 2024.10.30 | 2024.10.29 | rise and fall | remarks |
| PTA | spot | East China | 4785 | 4815 | -30 | Self-raised tax included, RMB/ton |
| products | specifications | market | 2024.10.30 | 2024.10.29 | rise and fall | remarks |
| glycol | polyester grade | East China | 4585 | 4600 | -15 | Self-raised tax included, RMB/ton |
| polyester grade | South China | 4650 | 4670 | -20 | Short delivery including tax, yuan/ton | |
| products | specifications | market | 2024.10.30 | 2024.10.29 | rise and fall | remarks |
| polyester chip | semi-optical sectioning | East China | 6150 | 6175 | -25 | Ex-factory tax included, RMB/ton |
| light slicing | 6175 | 6200 | -25 | Ex-factory tax included, RMB/ton | ||
| products | specifications | market | 2024.10.30 | 2024.10.29 | rise and fall | remarks |
| polyester bottle flakes | Water Bottle (IV.= 0.8） | East China | 6150 | 6200 | -50 | Ex-factory tax included, RMB/ton |
| Oil bottle grade | 6150 | 6200 | -50 | Ex-factory tax included, RMB/ton | ||
| hot canned grade | 6150 | 6200 | -50 | Ex-factory tax included, RMB/ton | ||
| carbonic acid grade | 6250 | 6300 | -50 | Ex-factory tax included, RMB/ton | ||
| Water Bottle (IV.= 0.8） | South China | 6150 | 6200 | -50 | Ex-factory tax included, RMB/ton | |
| Oil bottle grade | 6150 | 6200 | -50 | Ex-factory tax included, RMB/ton | ||
| hot canned grade | 6150 | 6200 | -50 | Ex-factory tax included, RMB/ton | ||
| carbonic acid grade | 6250 | 6300 | -50 | Ex-factory tax included, RMB/ton | ||
| products | specifications | market | 2024.10.30 | 2024.10.29 | rise and fall | remarks |
| polyester filament | Jiangsu and Zhejiang market POY 150D/48F | East China | 7025 | 6975 | +50 | Ex-factory tax included, RMB/ton |
| Jiangsu and Zhejiang markets FDY 150D/96F | 7575 | 7525 | +50 | Ex-factory tax included, RMB/ton | ||
| Jiangsu and Zhejiang markets DTY 150D/48F | 8575 | 8575 | 0 | Ex-factory tax included, RMB/ton | ||
| Jiangsu and Zhejiang market POY75D/72F | 7200 | 7200 | 0 | Ex-factory tax included, RMB/ton | ||
| products | specifications | market | 2024.10.30 | 2024.10.29 | rise and fall | remarks |
| polyester staple yarn | Semi-optical original white 1.56*38 | Jiangsu | 7025 | 7075 | -50 | Ex-factory tax included, RMB/ton |
| Semi-optical original white 1.56*38 | Zhejiang | 7050 | 7090 | -40 | Ex-factory tax included, RMB/ton |
PTA
Today, the PTA spot market in East China is weak, and discussions refer to around 4785 yuan/ton. This week and next week, transactions and negotiations around the main port and warehouse receipt delivery 01 discount 90-95, and the spot basis is weak. The decline in the international crude oil market suppressed market mentality and the PTA futures market weakened. Traders and polyester factories just needed to follow up, and the market trading atmosphere was general. It is expected that the short-term PTA market may adjust within a narrow range.
glycol
Today, the ethylene glycol market weakened within a narrow range. The decline in the international crude oil market has been suppressed, and the focus of negotiations in the ethylene glycol market has dropped slightly. Quotes in East China have ranged around 4585 yuan/ton, down 15 yuan/ton from the previous working day. The price in South China is around 4650 yuan/ton. Ethylene glycol port stocks fell, providing support for the market. The downstream polyester load is high, and the demand side support is solid. The market lacks sustained drive and the ethylene glycol market is expected to fluctuate within a narrow range in the short term.
polyester chip
Today, the polyester chip market is weak in finishing. The polyester raw material market is weak, the cost side is under pressure, polyester chip manufacturers have lowered their offers, and the focus of market negotiations has dropped slightly. Downstream just needed to follow up, and market production and sales improved. It is expected that the polyester chip market may maintain finishing operation in the short term.
polyester bottle flakes
Today, the polyester bottle sheet market is weak. The polyester raw material market has weakened, cost-side support has weakened, mainstream bottle and chip manufacturers have lowered their offers, the bottle and chip futures market is weak, and the focus of market negotiations has shifted to the low-end. Downstream followed up cautiously, and market transactions were light. It is expected that the polyester bottle sheet market will remain consolidated in the short term.
polyester filament
Today, the polyester filament market is strong in finishing. The weakness of the polyester raw material market has provided general support for the market. The inventory pressure of polyester companies has eased, the quotations of some manufacturers have been raised, negotiations at the low-end of the market have been reduced, and the focus of some transactions has been explored in a narrow range. Downstream demand weakened and market production and sales fell. It is expected that the filament market price may be narrowed in the short term.
polyester staple fiber
Today, the polyester staple fiber market is narrow and weak. The weakening of the cost side has put pressure on the market, and the focus of negotiations on the staple fiber market has slightly adjusted back. Downstream just needed to follow up, and market production and sales improved. It is expected that the short-term market price of polyester staple fiber may remain consolidated.
4. Polyester raw materials futures market
PTA：On October 30, the opening price of the PTA main 2501 contract: 4900, the lowest price: 4844, the highest price: 4920, the closing price: 4888, the settlement price: 4880, down 12, and the open position: 1258718.
Ethylene glycol:On October 30, the opening price of the EG main contract 2501 of the DSE was 4549, the lowest price was 4521, the highest price was 4567, the closing price was 4547, the settlement price was 4545, down 27, and the open position was 256957.
5. Polyester market production and sales data
| products | 2024.10.30 | 2024.10.29 | rise and fall | units |
| polyester chip | 90% | 60% | +30% | % |
| polyester filament | 50% | 100% | -50% | % |
| polyester staple fiber | 70% | 50% | +20% | % |
6. Future outlook forecast
The weakening of the international crude oil market has put pressure on the market. The supply and demand sides of the polyester raw materials PTA and ethylene glycol markets support it. It is expected that the short-term market will fluctuate within a narrow range. The polyester raw material side will push forward. The polyester market offers will be slightly adjusted mainly based on costs. The downstream just need to follow up, and the market production and sales are inconsistent. Short-term polyester market prices are expected to fluctuate within a narrow range. In the later period, we will pay close attention to changes in the raw material market and the supply and demand side of polyester itself.
