Polyester Filament Downstream Rigid Demand Is More Stable.

Polyester filament

The market quotation is basically flat, the price of individual varieties has increased, and the volume has remained at a certain level. This shows that the rigid demand in the downstream is more stable, which indicates that the market supply is beginning to show tension.

Because of the good performance of the polyester filament Market in recent years, the production enterprises have made a good profit, so the operating rate of the enterprises has been maintained at a high level, and the start-up enterprises have basically been producing at full capacity.

In the past week, polyester POY and FDY have been shown and the price is strong.

The downstream enterprises started normal and the demand was stable, especially when the warp knitting machine was started, which made the fine FDY good.

International crude oil futures prices have rebounded in a week, the market has been frequent, but the magnitude is not large. While the price of crude oil is rising, the price of PX has declined. At present, its price level in Asia is close to eight hundred US dollars. Such a price level will not naturally support the PTA market.

At present, the PTA spot market continues the weak market, the market internal quotation maintains at 7050 yuan / ton, the outer panel negotiable price is in 850 US dollars / ton.

The MEG market is also in a weak position, with a general turnover atmosphere. The main negotiating price of the internal market is 5800 yuan / ton, and the external price is 700 dollars / ton.

Sinopec Group polyester chip July contract pre contract, half light section 9500 yuan / ton, glossy chips and industrial silk chips are 9600 yuan / ton, membrane level slicing 9650 yuan / ton, total extinction level slicing 10300 yuan / ton.

The polyester chip market is mainly composed of collation, and the market atmosphere is more cautious. The main market quotation is around 9100 yuan / ton.

POY

The rate of production and sales is high and generally exceeds 100, and the accumulated inventory growth is also being digested.

Entering this week, the market began to recover and the market returned to normal.

The latest quotation of POY for major enterprises has risen slightly. The POY100D/36F settlement price is now reported at 11600 yuan / ton, the pre quoted price is 11700 yuan / ton, and the POY150D/48F settlement price is 11300 yuan / ton, and the pre quoted price is 11400 yuan / ton.

POY inventory is still around five days, it is expected that the POY market will maintain consolidation in the short term.

Polyester fiber

DTY market has remained flat, market quotation and paction status are the same.

At the end of last week, the POY market came into full play, supporting the market of polyester DTY, so that the paction situation that had already been negotiated price was improved.

The most popular varieties in recent market are fine denier porous wire, and the market of crude denier products is not optimistic, and its market quotation is loose.

The main DTY enterprises are offering the latest quotations, prices remain stable, 150D low elastic wire 12800 yuan / ton, 150D network silk 13600 yuan / ton, 300D/96F low elastic wire 12100 yuan / ton, 300D/96F network wire 12500 yuan / ton, DTY inventory level is not high, still within ten days, it is expected that the DTY market will maintain stability in the short term.

FDY

The market has improved. After entering this week, its market quotation has risen, but the rate is not large, and it is more than 100 yuan.

Due to the higher production start up rate of downstream warp knitting machines and water looms, the demand for fine FDY is larger.

However, in contrast to other varieties, such as FDY coarse denier silk, its turnover tends to decline, and its quotation level has also declined.

The latest quotations of major enterprises FDY are still rising, FDY40D/24F half light offer 16700 yuan / ton, FDY50D/24F half light price 15900 yuan / ton, FDY40D/24F bright offer 16700 yuan / ton, FDY50D/24F bright offer 15900 yuan / ton.

At present, the FDY inventory level is still around five days, and the FDY market is expected to maintain adjustment in the short term.