Polyester Polyester Market Rebounded After &Nbsp, And Xiao Shao In Jiangsu And Zhejiang Fell First And Then Rose.

In June 7th, the mainstream price of PTA in eastern China was about 7025 yuan / ton, and the mainstream quotation of MEG was around 6100 yuan / ton. By June 12th, the mainstream price of PTA was about 7000 yuan / ton, and the mainstream price of MEG was around 5950 yuan / ton. In June 7th Jiangsu and Zhejiang semi light section cash acceptance mainstream quotation at 8900 yuan / ton, to June 12th, Jiangsu and Zhejiang area semi light section cash acceptance mainstream quotation in 8950 yuan / ton.

First, from June 5th to 7th, Jiangsu and Zhejiang Xiaoshao whole polyester Market Comment:

In June 4th, New York crude oil futures price in July closed at $71.51 / barrel, down 3.10 US dollars / barrel compared with the previous day; London Brent crude oil futures in Beihai closed at 72.09 US dollars / barrel, down 3.32 US dollars / barrel compared with the previous day. With the sharp decline of international crude oil prices in June 4th, the from June 5th to 6th Xiaoxi polyester market was hard to conceal in the two-day weekend of from June 5th to 6th, especially the price of POY silk was relatively large, with a decrease of about 200 yuan / ton, the market of polyester market became lighter, the production and marketing of spinning enterprises declined, and the marketing of DTY silk was weak.

In June 7th, the polyester Market in Jiangsu and Zhejiang showed a weak trend, especially in the Jiangsu area, the decline of silk price was more obvious, the decrease was around 100 - 300 yuan / ton; the spinning enterprises in Zhejiang mostly tended to make up for the downward trend, and the manufacturers on the two-day weekend were mostly dominated by stalemate for more than 7 days. Among them: Zhejiang polyester market trend is weak downward, downstream procurement is still prudent; Jiangsu polyester market trend is obviously down, the price center of gravity continues to decline, because the downstream weaving factory still waits for a view, procurement is mainly based on production quantity, the purchase of polyester is still more cautious, polyester goods are still on the decline. In June 7th, upstream polyester raw material PTA showed a downward trend due to the spot market, PTA market enquiries were still shrinking, and the marketing atmosphere was relatively light. Because of low purchasing power, the price of the holder's offer fell, and the market price trend was mainly to fall. Now the mainstream price of PTA in East China is at 7025 yuan / ton left and right. MEG market continues to be weak, buyers continue to weaken the intention to continue trading, market weakness continues, trading atmosphere is still light, downstream procurement dominated by wait-and-see, seller price weakness fell, now East China MEG mainstream offer at 6100 yuan / ton. Because of the surrounding atmosphere, 7 days, the semi slicing market of Jiangsu and Zhejiang was mainly dominated by weak downlinks. The overall market fell mainly, and the factory quotations showed a downward trend. The center of price was dominated by weak downlinks. The semi mainstream section cash acceptance or the March acceptance mainstream quotation in Jiangsu and Zhejiang provinces was 8900 yuan / ton left and right.

In June 7th, the market of Xiaoshao polyester was mainly light, and the market merchants were still on the sidelines. The turnover was still insufficient. The quotation of spinning enterprises was dominated by partial reduction, and the market price trend was mainly localized. The production and marketing of polyester enterprises were still plain, and the downstream purchasing was still dominated by prudence, and the turnover of polyester was still declining. In June 7th, the overall market situation of Xiaoshao FDY silk was still insufficient. The quotation was mainly based on flat report consolidation and partial reduction. The market turnover was still dull, and the partial turnover showed fatigue. The FDY fine denier wire market was relatively insistence, the price trend stalemate was showing weakness in the local market, and the price of the high priced enterprises was steady and downward; the FDY big bright wire shipments showed partial insipid trend, and the price trend was dominated by stalemate. 7, Xiaoshao DTY silk marketing atmosphere is still relatively light, polyester production and marketing is hard to say, the overall market situation is stalemate, the price of polyester enterprises is still soft, the price center is still weak, the market is still relatively weak, the market turnover is still relatively flat, because spinning enterprises still have a certain amount of stock, the shipping mentality of manufacturers is still strong, the actual market transactions have increased, but the actual transaction is still tired, and the goods are not optimistic; DTY fine denier and DTY multi hole wire prices are relatively stable, and the shipping psychology of polyester enterprises is still strong. On the 7 day, the overall marketing atmosphere of Xiaoshao POY silk was mainly flat. The quotation of POY silk was partly down, and the price center was mainly dominated by local fatigue. The weave's wait-and-see mentality was thickening, and the procurement was still more prudent. Among them, the weaving of POY wire was stable and fatigue, and the market was dominated by fatigue finishing, and the market turnover showed a mild trend.

In June 7th Shaw direct spinning 150DPOY/48F mainstream cash price of 10300 yuan / ton, 300D POY /96F mainstream offer 9900 - 10000 yuan / ton. In June 7th, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 12000 yuan to 12100 yuan / ton, and the 300DDTY/96F mainstream quoted 11300 - 11400 yuan / ton. In June 7th, Shaw direct spinning 150DFDY/96F main quotation price 11450 - 11500 yuan / ton, 150DFDY/85F big bright mainstream price 12050 yuan / ton, 150DFDY/96F big bright mainstream price 12000 yuan / ton. In June 7th, New York crude oil futures price closed at $71.44 / barrel in July, down 0.07 US dollars / barrel compared with the previous day; London Brent crude oil futures in Beihai closed at 72.12 US dollars / barrel, up 0.03 US dollars / barrel compared with the previous day.