Direct Spinning Polyester Staple Fiber Instant Guide Quotation Rose 300 Yuan / Ton Again.

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It is reported that this month's Sinopec direct spinning polyester staple fiber real-time guidance quotation recently rose 300 yuan / ton, half light 1.4D reported 11100 yuan / ton, gloss 1.2D appearance 11900 yuan / ton, Shanghai Jinshan 11950 yuan / ton.

First, the cost of raw materials can not be ignored.

Recent international crude oil futures prices continue to oscillate pattern.

Stimulated by us favorable economic data, as of 24 days, the New York Mercantile Exchange delivered light crude oil futures closed at $76.49 per barrel in November, and Brent crude oil futures in London market closed at $78.87 a barrel.

Although crude oil futures still have a certain gap compared with the highest level in early August, at present, the support of the US $73 is relatively obvious. The market predicts that there will be no big drop in crude oil prices, and the fluctuation range of international oil prices is also over 70 dollars / barrel.

PTA is the main raw material of polyester staple fiber, which accounts for more than 80% of the production cost of PET staple fiber. Therefore, raw material PTA has become a major cost factor for polyester price rise.

At present, although the upward pace of upstream raw material PTA has slowed down, the trend of its rising trend is still unchanged, and the upward trend has always been maintained. Among them, the seller's offer price in the East China inner market is more than 7650 yuan / ton, and the mainstream negotiation price in the market has started near 7600-7650 yuan / ton; the price of the external market has also been steadily rising, and the price of the market offer is about 925 dollars / ton, and the mainstream market has discussed the price between 915-920 US dollars / ton.

The author is optimistic that the PTA spot market will remain at a high level in the current situation of PTA production costs and the trend of stable supply and demand in the market.

From the operation of the PTA plant, India MITSUBISHI chemical production capacity of 800 thousand tons / year PTA device, in August 7th due to reactor failure unexpectedly stopped, the device is still under repair, according to the plan, the device will be restarted in September 23rd.

South Korea's KP chemical program on 11 may carry out a routine shutdown inspection of the PTA plant with a capacity of 600 thousand tons / year. The overhaul will last for about 10 days. Besides, the company plans to repair the PTA 2 PTA device for 6 days for its capacity of 350 thousand tons / year.

A 600 thousand ton / year PTA production facility in Yisheng, Ningbo, is scheduled for a 3 day short repair this week. Another 600 thousand ton / year device is also scheduled for parking next month.

Yangzi Petrochemical plans to restart its 1 tons of 350 thousand tons and 2 tons of 350 thousand tons equipment around September 7th, and the three 600 thousand ton PTA plant will be restarted at about 10. The device will stop with the upstream cracking unit in August 11th.

The 900 thousand ton PTA plant of Peng Wei Petrochemical Company is running at full capacity at present. The device has been operating at about 5 load since it stopped in August 16th due to mechanical problems.

Two, tight supply and demand in the market is the key to the rise of PET staple fiber.

Recently, the market of the downstream yarn has seen a strong market and the market quotation has been greatly improved.

Judging from the market situation of pure polyester yarn, the market of pure polyester yarn has been accelerated due to the tight supply in recent years. The price of the products in the market has increased sharply. The price of the products in the market has risen sharply. The price of the mainstream 32S market has risen sharply to 18500 yuan / ton, and the price of the 45S pure polyester yarn market has also risen to about 19500 yuan / ton. The overall shipments of the market are relatively ideal, while the pure polyester yarn 32S and 45S market are doing relatively well.

Judging from the market situation of polyester cotton yarn, the market of polyester cotton yarn has steadily increased in recent years, and the market price of all kinds of specifications has also risen sharply. Among them, the market price of polyester cotton yarn 65/3532S has been raised to around 24500 yuan / ton, and the market sales have gradually become popular.

Therefore, the yarn market is expected to continue to rise in the short term.

Driven by the popularity of the downstream market, it also stimulated its enthusiasm for the purchase of PET staple fibers, and the demand for polyester staple fiber was also increasing. Polyester staple manufacturers themselves were in a low inventory state.

With the support of the continuous turnover of the market, the manufacturers' orders are basically full this month.

In the short staple market of polyester staple fiber, the market support of PET staple fiber has been increasing.

Three, cotton prices are also important factors for the rise of polyester staple market.

In addition to the impact of the upstream and downstream markets, cotton prices are also an important factor in promoting the sharp increase in the polyester staple market.

Although the amount of polyester staple fiber used for export, non-woven fabrics and filling has increased in recent years, most of them are used instead of cotton production yarn. Therefore, there is a certain correlation between them. There is a market professional's statistics and correlation analysis on the price between cotton and PET staple in recent three years, and the correlation between them is as high as 0.865.

Judging from the normal price difference, the price of the 328 grade cotton should be 2000-3000 yuan / ton higher than that of the polyester staple fiber at the same time. The change of the price of cotton and polyester staple fiber will directly affect the change of the price difference and the price ratio, and then affect the demand of cotton or polyester staple fiber, and ultimately lead to the price of cotton and polyester staple fiber returning to a relatively reasonable price difference or price range.

Judging from the current trend of the domestic cotton market, the cotton market has been booming recently. The purchase price of seed cotton has continued to rise. The price of throwing and storing has continued to rise, and the 328 level paction price of dumping and storage is breaking through the 20 thousand mark.

Judging from the current price difference, the two are obviously in an unreasonable range. Under such a price gap, the pulling effect of the recent sharp rise in the market price of polyester staple fiber is obviously very sufficient.