International Crude Oil Price Shocks Upward, Xiao Shao Market Stabilizes After Polyester Drops

In April 15, 2011, the PTA market in the East China region was relatively low, and the negotiating price was about 11100 yuan / ton, and the MEG lower negotiable price was around 8750 yuan / ton. By April 22nd, the PTA lower negotiable price was around 10800 yuan / ton, and the MEG lower negotiation price was about 8630 yuan / ton.

In April 15th Jiangsu and Zhejiang semi light section cash cash acceptance low negotiable price at 13200 yuan / ton, to April 22nd Jiangsu and Zhejiang area semi light section cash cash acceptance low negotiation price of 13050 yuan / ton.

Close to April 15th, New York commodity

During the two-day weekend in from April 16th to 17th, Jiangsu and Zhejiang markets

In April 18th, the market trend of polyester and silk in Jiangsu and Zhejiang was weak, and the price of some spinning factories still went down. Although most manufacturers' quotations were still barely maintained, concessions were unavoidable during the actual paction, and the preference of individual enterprises was larger.

Because the upstream polyester market is weak in the short term, there is little speculative demand in the downstream market, and the intention of hoarding stores is low. Most of them are based on quantitative production and on-demand procurement.

The overall market of polyester in Zhejiang market tends to be weak in April 18th.

On the 18 day of Zhejiang market, the price of polyester in Xiaoshan market is stable, and the price of POY and FDY dropped by 100 yuan / ton in Xiaoshan market. Now the price of FDY75D/36F cash is 15810 yuan / ton in the mainstream factory, the price of DTY150D/144F micro net is 17000 yuan / ton, and the price of POY150D/144F cash of another POY manufacturer is 14410 yuan / ton, and the price quoted by another mainstream factory is basically stable, and the price of FDY66D/24F cash is 16700 yuan / ton.

On the 18 day, the polyester Market in Shaoxing market basically stabilized, and the price of silk was basically stable. The FDY75D/36F price of a big factory in Shaoxing was about 16000 yuan / ton.

On the 18 day, the polyester Market in Tongxiang market was basically stable. The price of some polyester products in local factories was basically stable. Now the price of POY150D/144F in a big factory is 15100 yuan / ton, the price of POY150D/48F is 14800 yuan / ton, and the price of DTY and FDY is basically stable.

In April 18th, the polyester Market in Jiangsu market was stable, and polyester quotations basically stabilized. Partial promotions were still available.

Shengze market mainstream textile manufacturers DTY50D, DTY75D fell 200 yuan / ton, to 18 days, polyester quotation is basically stable, but there are still some concessions in actual pactions, now its FDY50D/24F price is 17500 yuan / ton (cash), FDY66D/24F price is 16700 yuan / ton (cash), DTY75D72F reported 20300 yuan / ton.

Another melt spinning factory in Shengze is now offering DTY75D/72F price of 20700 yuan / ton, while another manufacturer has a bright FDY40D/24F price of 18000 yuan / ton, and the price of FDY50D/24F of another manufacturer is about 17500 yuan / ton. The price is still basically stable. Some pet enterprises reflect that the double cease production and sales of products continued to fall down a few days ago, the production and marketing were rather low, the stock of polyester increased, and the stock of some spinning enterprises ranged from 15 to 30 days.

On the 18 day, the polyester Market in Taicang market was dominated by the basic stabilization. The price of the local main factory was kept stable. Now the POY75D/72F price is 17250 yuan / ton, and the FDY75D/36F spot price is 16000 yuan / ton.

On the 18 day, due to the decline of PTA futures, PTA's domestic market in East China showed a downward trend. The actual price of the negotiations was around 10970 yuan / ton, and the downstream manufacturers were watching.

On the 18 day, the PTA external market declined, and the actual price was about $1410 / ton, and the price fell slightly.

On the 18 th, MEG East China's domestic market situation showed a weak stalemate trend, the actual negotiation price was around 8730 yuan / ton, and MEG East China domestic market price fell slightly.

On the 18 day, the MEG imported spot market was dull, and the price was around $1125 / ton, and the price fell slightly.

In the Jiangsu and Zhejiang semi light section market, the lower reaches of the market show more and more attention. On the 18 day, the semi commercial section of the Jiangsu and Zhejiang market is slightly enlarged, and the spot market spot price is 13150 yuan / ton, and the price has dropped slightly.

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By April 18th, the market of Xiaoshao polyester was steady and the quotations for polyester were basically stable.

Among them, the market of Xiaoshan polyester is stable, and the price of polyester is steady. The market trend of polyester Market in Shaoxing is stable and consolidated, and the price center of gravity is basically stable.

On the 18 day, the market quotation of Xiaoshao polyester market was stable and fell, and the market was stable. The production and marketing of polyester factories were plain, mostly based on quantity, and the wait-and-see mentality was still on the lower side.

In April 18th, Xiaoshao FDY silk market trend was weak and consolidated, and the sales price of the market was stable and soft. The price of crude FDY wire was stable, and the price of the fine FDY wire was stable.

18 Xiaoshao DTY silk market trend is basically stable, Xiaoshan mainstream polyester factory DTY wire quoted price is basically stable, Shaoxing DTY silk quotation is basically stable, polyester market sales are basically stable, the downstream wait-and-see mentality remains, DTY fine denier silk and DTY multi Kong Si paction price trend steady consolidation, the actual paction time negotiation is inevitable.

On the 18 day, Xiaoshao POY silk market steadily fell, and the price of POY silk fell steadily, and the price trend steadily decreased. Among them, the mainstream POY market of Xiaoshan polyester factory was stable and downward, and the POY silk market in Shaoxing market basically stabilized. Weaving silk price quoted by POY was basically stable, and the wait-and-see mentality remained low.

In April 18th Shaw direct spinning 150DPOY/48F mainstream cash price of 14550 yuan / ton, 300D POY /96F mainstream offer 14200 yuan / ton, 75D POY /36F mainstream offer 16450 yuan / ton.

In April 18th, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 16200 yuan / ton, and the 300DDTY/96F quoted 15300 yuan to 15400 yuan per ton.

In April 18th, Shaw direct spinning 150DFDY/96F main quotation price 14550 - 14800 yuan / ton, 150DFDY/85F big bright mainstream price 14700 yuan / ton, 150DFDY/96F big bright mainstream price 14800 yuan / ton.

By the end of April 18th, the New York Mercantile Exchange, Texas light crude oil futures price in May closed at 107.12 U.S. dollars / barrel, down 2.54 US dollars / barrel compared with the previous day; the London market Intercontinental Exchange Brent crude oil futures in Beihai closed at 121.61 U.S. dollars / barrel, down 1.84 U.S. dollars / barrel compared with the previous day.

In April 18th, the Asian PX price dropped 9 US dollars / ton to 1584 US dollars / ton FOB Korea, and European PX price dropped 8 US dollars / ton to 1584 US dollars / ton FOB Rotterdam.

By the end of April 19th, the New York Mercantile Exchange, Texas light crude oil futures price in May closed at $108.15 / barrel, up 1.03 US dollars / barrel compared with the previous day; the London market Intercontinental Exchange Brent crude oil futures in Beihai closed at 121.33 U.S. dollars / barrel, down 0.28 U.S. dollars / barrel compared with the previous day.

In April 19th, Asian PX prices fell 11 US dollars / ton to 1573 US dollars / ton FOB Korea, and European PX prices stabilized to 1602 US dollars / ton FOB Rotterdam.

By the end of April 20th, the New York Mercantile Exchange, Texas light crude oil futures price in June closed at $111.45 / barrel, up 3.17 US dollars / barrel compared with the previous day; the London market Intercontinental Exchange Brent crude oil futures in Beihai closed at 123.85 U.S. dollars / barrel, up 2.52 U.S. dollars / barrel compared with the previous day.

In April 20th, the Asian PX price dropped 4 US dollars / ton to 1569 US dollars / ton FOB Korea, and European PX price dropped 13 US dollars / ton to 1589 US dollars / ton FOB Rotterdam.

By the end of April 21st, the New York Mercantile Exchange, Texas light crude oil futures price in June closed at $112.29 / barrel, up 0.84 US dollars / barrel compared with the previous day; the London market Intercontinental Exchange Brent crude oil futures in Beihai closed at 123.99 U.S. dollars / barrel, up 0.14 U.S. dollars / barrel compared with the previous day.

In April 21st, Asian PX prices rose 33 US dollars / ton to 1602 US dollars / ton FOB Korea, and European PX price rose 11 US dollars to 1600 US dollars / ton FOB Rotterdam.

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Overnight, the international crude oil prices continued to rise. In April 22nd, the market of polyester and silk in Jiangsu and Zhejiang showed a trend of contradictions. Some spinning factories were selling well, and the prices of polyester specifications and varieties were still tentative.

However, some of the sales patterns of polyester products still fall, and the quotations of some factories are basically stable.

Up to now, some of the lower price polyester products downstream weaving mills have relatively recognized the current price, most manufacturers do slightly better than the others. The industry expects that the polyester market will be dominated by consolidation in the future, but polyester enterprises are still taking the volume of the main part, and some of the prices are high.

In April 22nd, the overall market situation of polyester in Zhejiang market showed a trend of contradiction.

Zhejiang market on the 22 day Xiaoshan market polyester price quotations basically stable, Xiaoshan mainstream direct spinning factory polyester quotes basically stable, Xiaoshan a polyester factory silk price to stabilize, the early promotion promotion initiatives have been canceled, manufacturers reflect 21 days production and marketing is acceptable, most manufacturers do flat part slightly; now a mainstream factory DTY150D/288F price is 17600 yuan / ton, POY150D/144F price is 14410 yuan / ton (cash), FDY75D/36F price is 15900 yuan / ton, FDY66D/24F price is 16300 yuan / ton.

On the 22 day, the polyester Market in Shaoxing market basically stabilized. The price of silk was basically stable. The FDY75D/36F price of a big factory in Shaoxing was about 16000 yuan / ton, and the quotation was basically stable. The polyester factory reflected the 21 day production and sales rebounded, and the production and sales were around 100%.

On the 22 day, the market trend of the polyester Market in Tongxiang was inconsistent, and the price trend was mixed. The price of some polyester products of local manufacturers rose and fell. Among them, DTY rose below 100 yuan per ton of light, 150D half light silk 100D fell 200 yuan / ton, POY rose below 100 150D 150D, POY75D/72F fell 200 yuan / ton, the price of other polyester varieties stabilized, the POY150D/144F price of a large plant was 15100 yuan / ton, POY150D/48F price was 14800 yuan / ton, polyester factory reflected 21 days of production and marketing basically flat.

In April 22nd, the market of polyester in Jiangsu was still weak, and the quotation of polyester was stable or falling, and there were still partial promotions.

A part of high price POY yarn in Shengze melt spinning factory dropped by 100 yuan / ton, and some quotations of DTY silk products fell 200 yuan / ton, while some polyester varieties basically stabilized, but the actual turnover still had a price.

FDY50D/24F has been spinning factory price of 17500 yuan / ton (cash), bright FDY40D/24F price of 17500 yuan / ton (cash), POY75D/72F price is 18400 yuan / ton (June acceptance).

On the 22 day, the polyester Market in Taicang market was dominated by the basic stabilization. The price of the local main factory was kept stable. Now the POY75D/72F price is 17250 yuan / ton, and the FDY75D/36F spot price is 16000 yuan / ton.

On the 22 th PTA, the domestic market in East China continued to show a downward trend. The actual negotiating price was around 10800 yuan / ton, and downstream manufacturers were watching. Due to the weakness of futures, the market continued to be weak, the sales atmosphere was still relatively light, and prices fell slightly.

On the 22 day, PTA's external market was flat, and the actual price was about $1375 / ton, and the price fell slightly.

On the 22 th, MEG China Eastern market showed a trend of weak stalemate. The actual price of negotiations was about 8630 yuan / ton, and the price of MEG East China domestic market rose slightly. The market situation showed a weak adjustment trend, but the wait-and-see atmosphere in the lower reaches was still strong.

On the 22 day, the MEG imported spot market had a general atmosphere. The price of negotiation was near $1098 / ton, and the price was slightly soft.

Jiangsu and Zhejiang semi gloss slice Market Consolidation, part of the show is still weak, downstream procurement more obvious wait and see, the market is still flat, on the 22 day, Jiangsu and Zhejiang market half light section market cash spot paction price is 13050 yuan / ton, the price is basically deadlocked.

By April 22nd, the market of Xiaoshao polyester was relatively stable, and the quotations for polyester were basically stable, and some enterprises had already cancelled their preferential measures.

Among them, the polyester Market in Xiaoshan market is basically stable, and the quotation of polyester is basically stabilized. The market trend of polyester Market in Shaoxing is steady and consolidated, and the price center is stabilized.

On the 22 day, the market of Xiao Shao polyester was quoted steadily and steadily, and the market was stable. The production and sales of polyester factories picked up slightly. However, most of them were based on volume, and the lower prices of polyester varieties increased, but the intention of hoarding plants was limited.

In April 22nd, the market trend of Shaoxiao FDY silk was relatively stable. The sales price of the market was stabilized, and the price of the crude FDY wire was steadily stabilized. The price of the fine FDY wire was stable.

On the 22 day, the market trend of Xiaoshao DTY silk was steadily consolidated. The mainstream silk factory of Xiaoshan made a steady quotation. The quotation of Shaoxing DTY silk was basically stable, and the sales of polyester market was basically flat. The downstream weaving mill was still on the sidelines. The sales of polyester enterprises were still insufficient. The price of DTY fine denier silk and DTY multi hole wire was flat and some prices were higher. When the polyester variety was actually concluded, the negotiation was inevitable. The price of the DTY silk was much lower.

On the 22 day, shaoshao POY silk market was stable and stable, and the price of POY silk was relatively stable. The price trend was basically stable. Among them, the mainstream silk factory of Xiaoshan polyester factory was steadily consolidated, and the POY market of Shaoxing market was stable. The quotation of weaving silk yarn was basically stable. Because the downstream market is still looking at it, the purchase of polyester is still relatively cautious. The turnover is still relatively weak, and the market is stable and the market is steady and partial in the market. POY

In April 22nd Shaw direct spinning 150DPOY/48F mainstream cash price of 14400 yuan / ton, 300D POY /96F mainstream offer 14000 to 14100 yuan / ton, 75D POY /36F mainstream offer 16350 yuan / ton.

In April 22nd, the 150DDTY/48F mainstream of Shaw direct spinning factory quoted 16200 yuan / ton, and the 300DDTY/96F quoted 15300 yuan to 15400 yuan per ton.

In April 22nd, Shaw direct spinning 150DFDY/96F main quotation price 14500 - 14800 yuan / ton, 150DFDY/85F big bright mainstream price 14700 yuan / ton, 150DFDY/96F big bright mainstream price 14800 yuan / ton.