Polyester FDY Market Is Still Weak

　　 Recently, the domestic polyester filament market is still in a weak market. Last week, the market began to show a steady trend. However, after a short period of market entry, the downstream enterprises immediately left the field, and once again stayed on the sidelines and lacked the support of downstream demand.

Since the beginning of this week, although the polyester raw material futures market has risen along with the stock market, it has not driven the polyester filament market upward. This also shows that the current market is focused on the demand pull in the downstream market.

As the market is weak, Polyester filament Enterprise production and sales are sluggish, mostly in the three to 40% level, and small inventory has increased, pressure gradually.

In recent years, the international crude oil futures market is basically at a high and volatile stage, and the price is relatively stable. At present, the price is still above 88 dollars. PX prices continue to stabilize upward, the market price is rising, and the market is expected to rise steadily. The PTA market is in the adjustment stage, the market atmosphere is dull, the market quotation is 9400 yuan / ton, and the external negotiating price is about 1185 dollars / ton. The MEG market also continues to adjust the market. The mainstream negotiation price in the internal market is 8300 yuan / ton, and the external price is 1060 dollars / ton. Sinopec Group polyester chip December contract pre quoted, half light section 13000 yuan / ton, glossy chips and industrial yarn grade. Section They are all 13000 yuan / ton, and the total extinction level is 13800 yuan / ton. The polyester chip market is in the wait-and-see view, shipping mentality is strong, the market mainstream quotation is around 11300-11350 yuan / ton.

Recently, domestic polyester fiber POY The market is still in a weak position, the market quotation is slightly down, the market transaction discount rate is increasing again, the volume is not warm, the enterprise production and marketing rate is at a low level, the shipping psychology of the enterprise is still strong, and the enterprise inventory is slightly under pressure. After purchasing a little bit last week, the downstream businesses continue to take wait-and-see as the main market. The latest quotation of POY for major enterprises has been published. The quotation is rarely kept flat. The POY100D/36F settlement price is 13500 yuan / ton, the pre quoted price is 13600 yuan / ton, the POY150D/48F settlement price is 12800 yuan / ton, the pre quoted price is 12900 yuan / ton, now the POY stock rises to ten days above level, the POY market is expected to maintain the adjustment market in the short term.

Recently, the domestic polyester DTY market was slightly volatile, the market quotation fell slightly, and the market turnover result was not optimistic. After a slight rebound last week, the market is now at a disadvantage. The purchasing volume of downstream enterprises is not large, mainly based on small bills. Last week, the price raising behavior of polyester filament enterprises was not recognized by the market. The production and sales rate of polyester filament enterprises is still at a relatively low level, with a poor mentality and a slight pressure on stock. The main DTY enterprises offer the same price as the latest quotation, 150D low elastic wire 14500 yuan / ton, 150D network silk 15300 yuan / ton, 300D/96F low elastic wire 13600 yuan / ton, 300D/96F network wire 14000 yuan / ton, DTY's storage now reaches more than half a month's level, it is expected that the DTY market will be adjusted smoothly in the short term.

In recent years, the polyester FDY market has been slightly downward, the market quotation has declined little, the firm quoted price is in a stalemate, the upstream and downstream market is not optimistic, the market transaction situation is mainly in the doldrums, but the FDY enterprise has strong shipping mentality, the enterprise preferential measure appears repeatedly, the recent magnitude increases, and its stock volume also slowly increases, the production and marketing rate increases. Downstream enterprises are not interested in entering the market, mostly small ones. The main business FDY's latest offer remained stable this week, FDY40D/24F half light offer of 19300 yuan / ton, FDY50D/24F half light quotation of 18300 yuan / ton, FDY40D/24F bright offer 19400 yuan / ton, FDY50D/24F bright offer 19400 yuan / ton, at present, FDY stock is still close to two weeks level, it is expected that the FDY market will maintain adjustment in the short term.