Polyester industry chain: lack of cost support, production and sales in the polyester market have weakened

I. the market trend chart of polyester industry chain

On March 13, the market price index of ethylene glycol was 4592.26, down 16.65 from the previous working day.

 

On March 13, China's PTA market price index was 5770, down 10% from the previous working day.

 

On March 13, the market price index of polyester chips was 6825, which was the same as that of the previous working day, while that of polyester bottle chips was 7025, which was the same as that of the previous working day.

 

II. Summary of market price of polyester industry chain

III. Brief introduction of Polyester Industry chain Market

PTA

Today, East China PTA spot market is arranged in a narrow range, with a reference of 5770 yuan / ton. This week and next week, the main port and warehouse receipt delivery 05 discount 25-30 near the transaction and negotiation. The international crude oil market is high, supporting the market mentality, and the PTA futures market fluctuates in a narrow range. Spot base difference is stable, traders and polyester factories are cautious, and market trading is deserted. It is expected that the short-term market will maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is weak. The decline in the international crude oil market has suppressed the market mentality, and the focus of negotiations in the ethylene glycol market has dropped slightly. The quotation in East China revolves around 4565 yuan / ton, down 25 yuan / ton from the previous working day. The quotation in South China is around 4620 yuan / ton. The inventory of ethylene glycol port increased, the downstream polyester load remained stable, and the supply and demand side did not support the market. The lack of continuous drive in the market, the short-term ethylene glycol market is expected to maintain a volatile trend.

Polyester chip

Today's polyester chip market is narrowly arranged. Polyester raw material market arrangement, cost end support is stable, polyester chip market offer is stable, market negotiation center of gravity is adjusted slightly. Downstream demand weakens, enterprise production and marketing is depressed. 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 maintained and arranged. Polyester raw materials market finishing, the cost end of the market to form support, the mainstream bottle chip manufacturers offer stability, the market mainstream offer on the low end; downstream cautious wait-and-see, light market trading atmosphere. It is expected that the short-term lactone bottle market may maintain finishing.

Polyester filament

Today's polyester filament market narrow finishing. The cost end to the market support is general, the polyester enterprise offer is stable, the market of some products is slightly weaker, and the focus of market transaction is adjusted narrowly. Downstream demand is weak, market production and marketing is weak. It is expected that the market price of filament will tend to be sorted out in the short term.

Polyester staple fiber

The market of polyester staple fiber fluctuates in a narrow range today. The cost of polyester is firmly supported by the market, and the quotation of staple fiber market is adjusted slightly. Downstream demand follow-up is general, enterprise production and marketing is light. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:3 13 PTA main 2405 contract opening price: 5784, lowest price: 5778, highest price: 5824, closing price: 5802, settlement price: 5798, down 2, position: 1066196.

 

Ethylene glycol: March 13th EG main contract 2405 opening price: 4635, lowest price: 4574, highest price: 4639, closing price: 4581, settlement price: 4607, down 39, position: 369988.

V. production and marketing data of polyester market

VI. Future forecast

The high fluctuation of the international crude oil market promotes the formation of the market, the supply and demand side of the polyester raw material PTA and ethylene glycol market is promoted, and it is expected that the short-term market will be adjusted narrowly, the polyester raw material end will be supported, the polyester market offer will be mainly adjusted slightly with the cost, the downstream demand is weak, and the market production and marketing is 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.