Jiangsu And Zhejiang Polyester Market First Fall After Rising Factory Sales And Sales After Partial Rebound

East China in August 23rd

First, from August 21st to 23rd, Jiangsu and Zhejiang Xiao Shaoxing as a whole

In August 20th, the New York mercantile exchange light crude oil futures price in September closed at $73.46 / barrel, down 0.97 U.S. dollars / barrel compared with the previous day; London market Brent crude oil futures in Beihai closed at 73.82 U. S. dollars / barrel, down 0.95 U.S. dollars / barrel compared with the previous day.

In from August 21st to 22nd, the polyester Market in Jiangsu and Zhejiang was still slack, and the turnover volume was relatively small. The production and sales rate of the spinning enterprises was significantly reduced. The price of polyester in the two-day weekend still showed a significant decline. The actual paction price was more common, and the price of polyester market continued to decline.

In August 23rd Jiangsu and Zhejiang polyester market continued downward trend, silk price generally has 100 - 300 yuan / ton decline, partial regional decline intensified.

Because of the low production and marketing rate of polyester factories in Jiangsu and Zhejiang markets over the weekend, the pressure on factory inventories increased significantly, which affected 23 days.

Among them: the polyester Market in Zhejiang market continues to decline; the FDY part of the local mainstream factory in Xiaoshan has dropped by 300 yuan / ton, and DTY has fallen by 100 - 200 yuan / ton; while another mainstream factory in Xiaoshan has dropped 200 yuan / ton of POY fine denier yarn, and 100 yuan / ton of crude denier. 23 days in Tongxiang, polyester price of the Tongxiang area has been weakening, and the local part of the mainstream factory POY has a 100 yuan decrease.

On the 23 day, the market price of polyester in Jiangsu market plummeted; a mainstream factory in Shengze dropped by 200 yuan / ton; the price of Sheng Zeling's mainstream factory also dropped from 100 yuan to 300 yuan / ton; the price of polyester in Taicang area dropped sharply, and the price of local mainstream factory FDY was down 300 yuan / ton.

In August 23rd, upstream polyester raw material PTA was affected by futures falling again, the market situation was weak adjustment, the internal market market was weak, and the price dropped slightly. Now the main quotation of PTA in East China is about 7300 yuan / ton.

MEG market weak adjustment, market wait-and-see psychology increased, prices showed a slight decline trend, now East China MEG mainstream quotation in 6350 yuan / ton.

On the 23 day, the semi light section market of Jiangsu and Zhejiang continued to exhibit a weak oscillation pattern. The mainstream market was still weak, and the mainstream quotation declined slightly. The mainstream quotation of semi light chip cash acceptance or acceptance in March was around 9075 yuan / ton in Jiangsu and Zhejiang provinces.

In August 23rd, the market outlook of polyester Market in Xiaoshao district was thicker. Polyester factories increased the price of preferential products, and the price trend was weaker. The production and sales of polyester enterprises still had retraction. The overall market situation was mainly based on wait-and-see.

Up to now, the downstream factories have been affected by the emission reduction by electricity restriction, the start-up rate is obviously low, the procurement is more obvious, and the purchase of polyester is still insufficient.

At present, the procurement of downstream enterprises is still very cautious. The lack of purchasing power to support polyester market is not optimistic. The pressure of polyester fiber inventory in chemical fiber spinning plant is gradually increasing. Next, the spinning fiber factory still takes the quantity of shipping as the main consideration.

Most people believe that the overall polyester market will also have a downward process.

In August 23rd, Xiaoshao FDY silk sales were relatively insufficient, the price trend was relatively weak, spinning enterprise inventory continued to increase, prices still slipped, fine denier FDY yarn market continued to shrink, prices still fell; crude Dan FDY silk market steadily declining, price partial decline, partial preferential negotiations increased.

On the 23 day, Xiaoshao DTY silk market is still fatigued. Manufacturers' quotations have declined, partial preferential negotiation has increased, the shipment of the spinning enterprises has been light, the overall market wait-and-see mentality has been thickening, DTY fine denier silk and DTY multi hole wire paction is still insufficient, the downstream enterprises are more cautious in purchasing, the goods are relatively smooth, and prices are stable.

On the 23 day, the overall marketing atmosphere of Xiaoshao POY silk was light, spinning enterprises inventory continued to increase, price consolidation fell, the price center of gravity declined steadily, local weakness appeared, preferential prices increased, production and sales showed more shrinkage, the overall market wait-and-see mentality was thicker, the downstream enterprises were more cautious in purchasing, and marketing was more fatigue.

Crude denier silk market to stabilize the main sorting, price consolidation fatigue market is light, partial preferential price to go goods unavoidable, the overall market is still relatively cautious mainly; weaving POY silk price consolidation decline, the market is relatively light, downstream procurement is still relatively cautious, crude denim marketing is still relatively light.

August 23rd Shaw direct spinning 150DPOY/48F mainstream cash price of 10700 - 10800 yuan / ton, 300D POY /96F mainstream offer 10000 yuan / ton, 75D POY /36F mainstream offer 12500 yuan / ton.

In August 23rd, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 12500 yuan / ton, and the 300DDTY/96F quoted 11700 yuan to 11800 yuan per ton.

In August 23rd, Shaw direct spinning 150DFDY/96F main quotation price 11750 - 11900 yuan / ton, 150DFDY/85F big bright mainstream price 11900 - 11950 yuan / ton, 150DFDY/96F big bright mainstream price 11850 - 11900 yuan / ton.

In August 23rd, the New York mercantile exchange light crude oil futures price in October closed at $73.10 / barrel, down 0.72 U.S. dollars / barrel compared with the previous day; London market Brent crude oil futures in Beihai closed at 73.62 U. S. dollars / barrel, down 0.64 U.S. dollars / barrel compared with the previous day.

Two, August 24th, Jiangsu and Zhejiang Xiaoshao whole polyester Market Comment:

In August 24th, Jiangsu and Zhejiang polyester market continued to decline. Some of the prices were still high. Enterprises still had a certain margin. Some enterprises in FDY silk still had 50 - 200 yuan / ton drop in price. The price of POY and DTY was mainly dominated by horizontal finishing.

Affected by the drop in international crude oil prices overnight, the price of polyester and some specifications and varieties in the Jiangsu and Zhejiang markets fell sporadically on the 24 th.

Among them: the polyester Market in Zhejiang market continues to decline; Xiaoshan's main factory FDY dropped 100 - 200 yuan / ton, of which 100D dropped 200 yuan / ton with FDY, the rest dropped 100 yuan / ton, DTY price basically stabilized, POY200D above fell 100 yuan / ton, and Xiaoshan another mainstream factory Quotes stable.

On the 24 day, the price of polyester in Tongxiang was stable.

On the 24 day, the polyester Market in Jiangsu continued to weaken; the main local factory in Shengze remained stable, and the FDY product of another mainstream direct spinning factory in Shengze dropped by 100 yuan / ton, 300 yuan / ton in individual cases, and remained stable in other countries.

In August 24th, upstream polyester raw material PTA was affected by futures falling again, the spot market situation was weak adjustment, the market value of the internal market became thicker, and the price dropped slightly. Now the main quotation of PTA in East China is about 7250 yuan / ton.

MEG because the settlement may be higher than expected, the market sentiment slightly improved on the 24 day, and the price rebounded slightly. The individual shipping quotes in the internal market were about 6400 yuan to 6450 yuan / ton, but the intention of the buyer's paction was still low. Now the mainstream negotiation price of the East China MEG is between 6350 and 6370 yuan / ton.

On the 24 day, the semi light section market of Jiangsu and Zhejiang continued to exhibit a weak oscillation pattern. The mainstream market was still weak, and the mainstream quotation declined slightly. The mainstream quotation of semi light chip cash acceptance or acceptance in March was around 9000 yuan / ton in Jiangsu and Zhejiang provinces.

In August 24th, the market outlook of polyester Market in Xiaoshao district was thickened. The quotation of polyester factories still had a certain margin to make up. The price concessions were increasing, the price trend was weaker, and the production and sales of polyester enterprises still had retraction. The overall market situation was mainly based on wait-and-see, and the purchasing of downstream enterprises was more cautious.

Up to now, the downstream factories have been affected by the emission reduction by electricity restriction, the start-up rate is obviously low, the procurement is more obvious, and the purchase of polyester is still insufficient.

At present, the procurement of downstream enterprises is still very cautious. The lack of purchasing power to support polyester market is not optimistic. The pressure of polyester fiber inventory in chemical fiber spinning plant is gradually increasing. Next, the spinning fiber factory still takes the quantity of shipping as the main consideration.

Most people believe that the overall polyester market will also have a downward process.

In August 24th, Xiaoshao FDY silk sales were still down, the price trend was relatively weak, the spinning enterprise inventory continued to increase, the price was still declining, the fine FDY wire market continued to shrink, the price still fell, the crude Dan FDY wire market steadily declined, the price fell partially, and partial preferential negotiations increased.

On the 24 day, the market of Xiaoshao DTY silk was still weak. The manufacturers' quotations declined, partial preferential negotiation increased, the shipment of the spinning enterprises was light, the overall market wait-and-see mentality was thickening, DTY fine denier silk and DTY multi hole wire pactions were still insufficient, the downstream enterprises were more cautious in purchasing, the goods were more light and the prices were mainly in decline.

On the 24 day, the overall marketing atmosphere of Xiaoshao POY silk was light, and the stock of spinning enterprises continued to increase. The quotations still fell, the price center of gravity declined steadily, the local strength was weak, the price concessions increased, the production and marketing showed more shrinkage, the overall market wait-and-see mentality was thicker, the downstream enterprises were more cautious in purchasing, and the marketing was more tired.

The crude denier silk market is dominated by a steady decline. The price is weak and the downward trend is light. Partial concessions are allowed to increase. The overall market is still relatively cautious. The price of POY silk for weaving is down, and the market is relatively light. Downstream purchases are still relatively prudent, and the marketing of crude Denim Market is still relatively light.

In August 24th Shaw direct spinning 150DPOY/48F mainstream cash price of 10700 yuan / ton, 300D POY /96F mainstream offer 9900 - 10000 yuan / ton, 75D POY /36F mainstream offer 12400 - 12500 yuan / ton.

In August 24th, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 12300 yuan to 12500 yuan per ton, and the mainstream price of 300DDTY/96F was 11700 yuan / ton.

In August 24th, Shaw direct spinning 150DFDY/96F main quotation price 11700 - 11900 yuan / ton, 150DFDY/85F big bright mainstream price 11900 yuan / ton, 150DFDY/96F big bright mainstream price 11850 yuan / ton.

In August 24th, the New York mercantile exchange light crude oil futures price in October closed at $71.63 / barrel, down 1.47 U.S. dollars / barrel compared with the previous day; London market Brent crude oil futures in Beihai closed at 72.38 U. S. dollars / barrel, down 1.24 U.S. dollars / barrel compared with the previous day.

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Three, August 25th, Jiangsu and Zhejiang shaossau overall polyester Market Review:

In August 25th, Jiangsu and Zhejiang polyester market showed a stalemate trend. Most POY and DTY silk price centers were dominated by sideways finishing, but the FDY wire with high quoted prices still had partial fall.

On the 25 day, the production and sales of polyester products partially rebounded, and the partial closure appeared. Some downstream enterprises undertaking external orders increased the starting rate by purchasing generators. However, the overall production and marketing of polyester and polyester products in Jiangsu and Zhejiang provinces continued to maintain a low level. Most polyester factories or spinning enterprises produced about 50% to 70%, and the price of individual products was low, and the products could barely be flat or slightly super, and the local low was about 40% to 50%.

Affected by partial production and marketing, the market trend of polyester Market in Jiangsu and Zhejiang on the 25 day tends to be stable.

Among them: Zhejiang market polyester market trend is strong; Xiaoshan local mainstream factory quotes stable, and Xiaoshan another mainstream factory quotes also continue to stabilize, manufacturers reflect production and sales have improved; 25, Tongxiang area polyester market keeps unchanged, the local mainstream factory quotes continue to stabilize.

On the 25 day, the trend of Jiangsu polyester market stabilized; Shengze's mainstream direct spinning factory prices remained stable, but the quotations of sliced textile manufacturers continued to go down. On the 25 day, a half light FDY of the Shengze plant was lowered by 200 yuan / ton, and the trend of polyester Market in Taicang area was stable.

In August 25th, upstream polyester raw material PTA spot market rebounded slightly. Now the seller's shipment price in the PTA market in East China is about 7350 yuan / ton, and the enquiry has increased locally. The market mentality is slightly stable. The market negotiated price is about 7250 yuan / ton right.

From MEG to 24, the market atmosphere is still improving, and the quoted price is basically the same as that of the previous day. Some sellers sold the goods at about 6400 yuan / ton, but the buyers were still on the sidelines. Now, the mainstream negotiation price of the East China MEG is between 6350 and 6380 yuan / ton.

On the 25 day, the semi light section market of Jiangsu and Zhejiang continued to show a pattern of weak shock and consolidation. The mainstream market was still weak, and the mainstream quotation declined slightly. In the Jiangsu and Zhejiang provinces, the half light section cash acceptance or the March acceptance mainstream quotation was around 8950 yuan / ton.

In August 25th, the quotations of mainstream polyester factories in Xiaoshao district were stable. The manufacturers reflected improvement in production and marketing. The market situation showed a stalemate trend, but there were still partial concessions to negotiate, and the price was still high. The polyester varieties still had a fall. The overall market situation was mainly based on wait-and-see.

August 25th Xiaoshao FDY silk sales are still general, the price trend is relatively stable, but the high quoted price of FDY yarn is still partial.

On the 25 day, Xiaoshao DTY silk factory reflects the improvement of production and marketing, but the market is still flat. The manufacturers' quotations basically stabilized, the price trend is still stalemate, the price is still high, the local varieties are still dropping, spinning companies are shipping generally, the overall market is still on the sidelines; DTY fine denier and DTY multi Kong Si pactions are still insufficient, the downstream enterprises are more cautious in purchasing, the goods are more plain, the prices are basically stable, and the price is high.

25, the overall marketing atmosphere of Xiaoshao POY silk is flat, spinning enterprises are still more stock, the price of the quotation is basically stabilized, the price center of gravity is still stable, the price is still high, the local products are still dropping slightly, the production and marketing part is slightly increasing, the overall market is still on the sidelines, the downstream enterprises are more cautious in purchasing, and the marketing is more general. The weaving price of the POY wire is partially stabilized, and the price is still high.

August 25th Shaw direct spinning 150DPOY/48F mainstream cash price of 10600 - 10700 yuan / ton, 300D POY /96F mainstream offer 9800 - 10000 yuan / ton, 75D POY /36F mainstream offer 12400 yuan / ton.

In August 25th, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 12300 yuan to 12500 yuan per ton, and the mainstream price of 300DDTY/96F was 11700 yuan / ton.

In August 25th, Shaw direct spinning 150DFDY/96F main quotation price 11600 - 11900 yuan / ton, 150DFDY/85F big bright mainstream price 11900 yuan / ton, 150DFDY/96F big bright mainstream price 11850 yuan / ton.

In August 25th, the New York mercantile exchange light crude oil futures price in October closed at 72.52 U.S. dollars / barrel, up 0.89 U.S. dollars / barrel compared with the previous day; London market Brent crude oil futures in Beihai closed at 73.48 U. S. dollars / barrel, up 1.10 U.S. dollars / barrel compared with the previous day.

Four, August 26th, Jiangsu and Zhejiang Xiaoshao whole polyester Market Comment:

Affected by the rising price of international raw materials overnight, the polyester Market in Jiangsu and Zhejiang showed a rebound trend in August 26th, and production and sales rebounded. However, some manufacturers with high quotations still had a fall.

Among them: the market of polyester Market in Zhejiang is different. On the 26 day, Xiaoshan's main POY of the local mainstream factory has been cancelled, and the FDY of some high priced manufacturers still has a slight fall of 100 - 150 yuan / ton, and the manufacturers reflect better production and marketing. On the 26 day, the price of polyester in Tongxiang area is rising, and the local POY is up 100 yuan / ton.

On the 26 day, Jiangsu's market was picking up polyester, and Shengze's local mainstream spinning factory FDY and POY rose 100 yuan / ton, DTY had 100 - 200 yuan / ton rise; another mainstream direct spinning factory in Shengze, FDY quotations rose from 100 to 500 yuan per ton, of which half light FDY rose larger, DTY had 100 - 200 yuan / ton rise; Taicang polyester market also rose, the local mainstream factory FDY rose 100 yuan / ton, POY has 50 - 100 yuan / ton rise.

In August 26th, upstream polyester raw material PTA spot market rose slightly, the market inquiry atmosphere was good, but there was not much market supply, and the seller actually did not offer much. As the downstream manufacturers watched more, the market paction was slightly dull. In the East China PTA market, the sporadic offer price was about 7300 - 7350 yuan / ton, and the downstream delivery price remained at 7250 yuan / ton right, and the market actually talked about 7250 to 7300 yuan / ton right.

From MEG to 26, the market was consolidated, the marketing atmosphere was good, the local slightly improved, the quotation increased slightly, and the internal offer price was around 6400 yuan / ton.

On the 26 day, the semi light section market of Jiangsu and Zhejiang continued to show a pattern of weak shock and consolidation. The mainstream market was still weak, but the market divergence trend was partial, and the mainstream quotation basically stabilized. In the Jiangsu and Zhejiang provinces, the semi mainstream section cash acceptance or the March acceptance mainstream quotation was around 8950 yuan / ton.

In August 26th, the quotations of mainstream polyester factories in Xiaoshao district were mixed. The manufacturers reflected improvement in production and marketing. The market showed a partial upward trend, but there were still partial concessions to negotiate with the goods. The price was still high. Polyester varieties still had a drop in the market. The overall market situation was mainly on the sidelines, and the downstream enterprises were more cautious in purchasing, and the spinning enterprises improved their goods.

In August 26th, Xiaoshao FDY silk sales improved, manufacturers reflected improvement in production and marketing, and price trends were mixed. But the FDY wire with high quoted price still had some drop.

On the 26 day, Xiaoshao DTY silk factory reflected improvement in production and marketing, but the market slightly improved. Manufacturers' quotations were mixed. The price trend was rising and falling. The shipment of spinning enterprises improved slightly, and the overall market remained wait-and-see. DTY fine denier silk and DTY multi hole wire were still in short supply, and the purchasing of downstream enterprises was more cautious, but local goods were slightly better and prices varied.

On the 26 day, Xiaoshao POY pre silk preferential treatment has been cancelled, the overall marketing atmosphere has improved slightly, the spinning enterprise stock is still more, the price varies locally, the price center of gravity has changed slightly, the production and marketing part has slightly increased, the overall market still waits and waits, the downstream enterprise procurement is more cautious, the marketing slightly improves, and the weaving POY wire quoted price varies locally, the market situation slightly improves, the downstream purchase is still relatively cautious.

August 26th Shaw direct spinning 150DPOY/48F mainstream cash price of 10600 - 10800 yuan / ton, 300D POY /96F mainstream offer 10000 yuan / ton, 75D POY /36F mainstream offer 12300 - 12400 yuan / ton.

In August 26th, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 12300 yuan to 12500 yuan per ton, and the mainstream price of 300DDTY/96F was 11700 yuan / ton.

In August 26th, Shaw direct spinning 150DFDY/96F main quotation price 11600 - 11900 yuan / ton, 150DFDY/85F big bright mainstream price 11800 yuan / ton, 150DFDY/96F big bright mainstream price 11850 yuan / ton.

In August 26th, the New York mercantile exchange light crude oil futures price in October closed at 73.36 U.S. dollars / barrel, up 0.84 U.S. dollars / barrel compared with the previous day; London market Brent crude oil futures in Beihai closed at 75.02 U. S. dollars / barrel, up 1.54 U.S. dollars / barrel compared with the previous day.

Five, August 27th, Jiangsu and Zhejiang Xiaoshao whole polyester Market Comment:

Affected by the overnight price of international raw materials, in August 27th, there were still some upward trends in the polyester Market in Jiangsu and Zhejiang provinces, and production and sales were still rising. However, local market movements were slowing down, and the overall market was dominated by horizontal finishing.

Among them: 27, Zhejiang market polyester market stability; Xiaoshao market polyester market maintained stable, manufacturers quotations to maintain the level of the previous day, manufacturers reflect the morning inquiry atmosphere is good, 27 days are mainly volume; 27, Tongxiang polyester stabilized, local mainstream manufacturers quotations remain unchanged.

On the 27 day, the polyester Market in Jiangsu market is still increasing sporadically. The quotation of Shengze mainstream polyester factory continues to rise, and some of its FDY and DTY products have risen by 100 yuan / ton, while POY has remained unchanged. On the 27 day, the polyester Market in Taicang has stabilized, and the quotations of local mainstream factories remain unchanged. Manufacturers reflect 26 days of production and marketing, and the production and sales rate exceeds 200%.

In August 27th, upstream polyester raw material PTA spot market rose slightly. Now the price of the PTA market in eastern China is about 7350 - 7400 yuan / ton, and the actual price in the market is about 7350 yuan / ton right, and the holding price is slightly reluctant to sell. But the downstream buyers are cautious, buyers follow up efforts are weakened, and the market trade atmosphere is stable.

From MEG to 27, the market is consolidated, and the marketing atmosphere is partially acceptable. But the overall market is dominated by prudent wait-and-see. The quoted price basically stabilizes, and the delivery price is 6400 yuan / ton inside the market.

On the 27 day, the mainstream market of Jiangsu and Zhejiang semi light section stabilized and stabilized. The mainstream quotation rose slightly, and the price center of gravity rose slightly. In the Jiangsu and Zhejiang provinces, the half light section cash acceptance or the March acceptance mainstream quotation was around 8975 yuan / ton.

In August 27th, the mainstream market of Xiaoshao polyester was basically stable, and the quotations of spinning factories basically stabilized. The manufacturers reflected the good atmosphere of enquiry in the morning market, and the 27 days were mainly based on volume.

The overall market is relatively wait-and-see, and downstream enterprises are more cautious in purchasing, and spinning enterprises are better off.

In August 27th, Xiaoshao FDY silk sales improved, manufacturers reflect production and sales have improved, price trend is basically stable.

On the 27 day, Xiaoshao DTY silk factory reflected the improvement of production and marketing, but the market was slightly wait-and-see. The manufacturers' quotations basically stabilized, the price trend basically stabilized, and the shipment of spinning enterprises improved slightly. The manufacturers mainly shipped goods, and partial concessions were inevitable. DTY fine denier silk and DTY multi hole wire pactions were still insufficient, the downstream enterprises were more cautious in purchasing, stable prices in consolidation, and partial concessions were inevitable.

On the 27 day, the marketing atmosphere of Xiaoshao POY silk was still good, the pre sale concession had been cancelled, the overall marketing atmosphere improved slightly, the quotation basically stabilized, the price center of gravity stalemate, the production and sales partially increased slightly, the overall market remained wait-and-see, the downstream enterprises were more cautious in purchasing, and the marketing and marketing improved slightly. The weaving price of POY wire basically stabilized, the market was slightly dull, and the downstream procurement was still relatively cautious.

August 27th Shaw direct spinning 150DPOY/48F mainstream cash price of 10600 - 10800 yuan / ton, 300D POY /96F mainstream offer 10000 yuan / ton, 75D POY /36F mainstream offer 12300 - 12400 yuan / ton.

In August 27th, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 12300 yuan to 12500 yuan per ton, and the mainstream price of 300DDTY/96F was 11700 yuan / ton.

In August 27th, Shaw direct spinning 150DFDY/96F main quotation price 11600 - 11900 yuan / ton, 150DFDY/85F big bright mainstream price 11800 yuan / ton, 150DFDY/96F big bright mainstream price 11850 yuan / ton.

In August 27th, the New York mercantile exchange light crude oil futures price in October closed at 75.17 U.S. dollars / barrel, up 1.81 U.S. dollars / barrel compared with the previous day; London market Brent crude oil futures in Beihai closed at 76.65 U. S. dollars / barrel, up 1.63 U.S. dollars / barrel compared with the previous day.