Last Week, The Market Of Polyester Industrial Yarn Was On The Whole.

Market Description:

Last week, the polyester market was hard to get back. cost Support, prices basically support before and after 13700; Civilian silk The market is finally hard to change the weak. In the latter half of last week, there was a big promotion or a fall in price, which led to the spread of market bearish sentiment. As for the industrial yarn, the slicing contract price still has some support for a while. Polyester fiber industrial yarn market The overall trend of the cross, most enterprise The main offer is between 17500-18000 yuan / ton, and the actual price is slightly lower. Of course, there are super low prices in some areas. Promotion Phenomenon. Overall, due to the fact that the price of industrial yarn is at a high level and the acceptance of downstream customers is insufficient, there is a pressure on every part of the stock market. This will bring greater resistance to the market trend in the late stage. As for low shrinkage, the mainstream offer is at 18500-19000 yuan / ton, and the actual turnover is more around 18300-18500 yuan / ton.

Industry dynamics

Heng Yi petrochemical April polyester chip contract price quotes: semi gloss chips, civilian light, film grade, industrial yarn chips were reported at 14200, unchanged from last month.

Rongsheng petrochemical April polyester chip contract price quotation: semi gloss sliced 14200 yuan / ton, unchanged from last month.

Sinopec officially announced the April PET chip contract offer: half light, glossy, industrial yarn chips were reported at 14100, and full dull chips were 14900, up 100 from last month.

A mainstream supplier in China issued quotations in April: PX reported 13500 yuan / ton, PTA reported 12000 yuan / ton, and MEG reported 9950 yuan / ton.

Yisheng Ningbo, a 650 thousand ton PTA plant, plans to stop for 7-10 days in April 5th. Its Dalian 1 million 500 thousand ton plant plans to stop for about a month in mid 4.

4.4 - 4.10 Sinopec PET chip weekly guide price: half light section 13600 yuan / ton; glossy slicing 13500 yuan / ton

Comment

At present, the civilian silk market is temporarily difficult to shake off the sluggish situation. Therefore, the industrial yarn market is short of positive support in the short term.