Polyester industry chain: Raw materials continue to fall. Polyester market is weak and difficult to change

1. Market trend chart of polyester industry chain

On September 6th, the market price index of ethylene glycol was 4593.2, down 19.02 from the previous working day.

China's PTA market price index was 4925 on Sept. 6, down 65% from the previous working day.

On September 6th, the market price index of polyester chips was 6400, down 75 from the previous working day, while the market price index of polyester bottle chips was 6350, down 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, East China PTA spot market continues to decline, negotiate reference near 4925 yuan / ton. This week and next week, the main port and warehouse receipt delivery 01 discount 85-90 near the transaction and negotiations, the spot basis weakened. The international crude oil market fell, suppressing the market mentality, and the PTA futures market continued to decline. 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 may maintain a weak adjustment.

Glycol

Today, the market price trend of ethylene glycol is weak. The international crude oil market fell, suppressing the market mentality, and the focus of negotiations in the ethylene glycol market dropped slightly. The quotation in East China revolved around 4550 yuan / ton, down 30 yuan / ton compared with the previous working day. The quotation in South China is around 4600 yuan / ton. Ethylene glycol port inventory decline, supporting the market. The downstream polyester load is low, 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. Polyester raw materials market continued to decline, lack of cost-end support, polyester chip manufacturers continued to lower quotations, the focus of market negotiations slightly lower. Downstream rigid demand followed, part of the market production and sales improved. It is expected that the polyester chip market will maintain the finishing operation in the short term.

Polyester bottle chip

Today, the market for polyester bottle chips continues to decline. Polyester raw material market fell, cost-end support weakened, bottle chip manufacturers offer down 50 yuan / ton, bottle chip futures fell, the focus of market negotiations continued to fall. 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 materials market decline in the lack of market support, polyester mainstream manufacturers offer more stable, the focus of market transactions fluctuated slightly. Downstream follow-up slow, market production and sales light. 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 market trend of polyester staple fiber is weak. Cost-side weakness on the market support in general, staple fiber part of the market negotiations focus on a slight decline. Downstream demand is weak, the market production and marketing is 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: 5016, lowest price: 4944, highest price: 5100, closing price: 5036, settlement price: 5016, down 38, position: 1366100.

Ethylene glycol:EG main contract 2501 opening price: 4548, lowest price: 4484, highest price: 4567, closing price: 4501, settlement price: 4521, down 53, position: 282778.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market has fallen back, the atmosphere of Chinese commodities is weak, which suppresses the formation of 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 weak shock, polyester raw material end to promote, polyester market offer will be mainly adjusted slightly with the cost, downstream demand follow-up insufficient, market production and sales light. Short-term polyester market prices are expected to fluctuate within 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.