Polyester industry chain: The raw material end has turned stronger. Production and sales in the polyester market have rebounded

1. Market trend chart of polyester industry chain

On September 13th, the market price index of ethylene glycol was 4519.46, up 10.31 from the previous working day.

On Sept. 13, China's PTA market price index was 4800, up 80% from the previous working day.

On September 13, the market price index of polyester chips was 6175, up 50% from the previous working day; the market price index of polyester bottle chips was 6200, 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 East China PTA spot market continues to strengthen, with a reference of 4800 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 is stable. The international crude oil market rose, boosting the market mentality, and the PTA futures market continued to rise. 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 of ethylene glycol is on the strong side. The rise in the international crude oil market boosted the market mentality, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4460 yuan / ton, up 15 yuan / ton from the previous working day. The quotation in South China is around 4590 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 strong. The polyester raw material market continues to rise, the cost end support is strengthened, the preferential space of the polyester chip market narrows, and the market negotiation center of gravity rises slightly. Downstream demand rebounded, 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 rise. Polyester raw material market rose, cost-driven, bottle chip mainstream manufacturers offer upward, bottle chip futures rebound, the focus of market negotiations rose slightly. Downstream cautious follow-up, light market trading. It is expected that the short-term lactone bottle chip market may maintain finishing.

Polyester filament

Today, the market of polyester filament falls back and finishes. Polyester raw materials market stronger to support the market, polyester mainstream manufacturers continue to give priority to preferential shipments, the market transaction center of gravity is lower. Downstream active follow-up, market production and sales rebounded. It is expected that the market price of filament will be arranged in a narrow range in the short term.

Polyester staple fiber

Polyester staple fiber market rose slightly today. The cost side rises to the market support strengthens, the staple fiber market negotiation center of gravity continues to rise. Downstream rigid demand follow-up, market production and sales slightly improved. 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: 4858, lowest price: 4846, highest price: 4944, closing price: 4882, settlement price: 4888, up 70%, position: 1277685.

Ethylene glycol:EG main contract 2501 opening price: 4425, lowest price: 4419, highest price: 4473, closing price: 4428, settlement price: 4441, up 20%, position: 294850.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market rises, the Chinese commodity atmosphere becomes stronger, promotes the market formation, the polyester raw material PTA and the ethylene glycol market supply and demand end support, the short-term market will be low shock, the polyester raw material end promotes, the polyester market offer will be mainly adjusted slightly with the cost, the downstream rigid demand will follow up, the market production and sales will improve. 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.