May 28Th Jiangsu Changshu Polyester Market Week Reviews

From Changshu polyester market, this week (May 21st to May 27th), affected by the decline in the prices of upstream raw materials, the polyester market overall continued to show a weak trend. The total volume of market pactions was flat compared with last week, and the price trend continued to decline, with a drop in price of 200-300 yuan /T.

On the 27 day, PTA futures rebounded sharply, and the volume of polyester trading began to pick up in the afternoon, and the price trend also showed signs of stabilization.

Judging from the trend of market varieties, the sales volume of FDY75D/36F market is insufficient. FDY75D/36F has bright prospects. At present, the mainstream price of the market center falls at 12700-12800 yuan /T, and the lower price is 12600 yuan /T.

Like DTY produced in Taicang, there is still a certain amount of 150D no color requirement, which mainly produces downstream printing grey cloth, and slightly lower the production cost of the products, while on the contrary, the overall market of the colored top quality silk market is depressed. For example, the DTY wire 100D is visible everywhere because of the oversupply of the market, the low price promotion is everywhere, and the lowest price is 12800 yuan /T (Tai Cangchan). At present, there is still demand for the downstream of DTY150D/288F, mainly used for producing coral corduroy fabrics.

Half light FDY50D, DTY75D (net) still have demand in warp knitting, of which, the price of FDY50D is between 14100-14200 yuan and /T. In addition to the production of the conventional flannelette and fluorescent cloth, the product has recently produced regular flannelette.

50/50 trading volume of polyester / polyester composite wire is barely sold, mainly used for crystal fabric production. In addition, due to the fact that velvet fabric has entered the peak production stage, the sales volume of 80/20 polyester cotton yarn has been significantly enlarged in this market.

For the current polyester market, although the overall polyester Market in a few days ago is in a weak trend, but the PTA futures rebound, the polyester market will establish self-confidence, at present the big round machine start rate has little change compared with last week, estimated that the starting rate is about 70%, warp loom start rate is still maintained a stable state, and downstream weaving polyester holding is at a low level, it is expected that the polyester market volume will gradually pick up, polyester price is expected to stop temporarily stable, of course, some slow selling varieties do not rule out the possibility of continuing to decline in June.