Zhao Guizhen: The Upper And Lower Reaches Are Not &Nbsp; Pet Short Staple Is Weak.
Upstream polyester raw materials PTA and MEG stop rising and falling, cost support is more tired. At present, PTA spot The price dropped to 8950 yuan / ton, MEG fell to 9000 yuan / ton, polyester short theoretical cost price was 12100 yuan / ton, profit space was 200 yuan / ton.
Due to the continued shortage of terminal demand and the lack of foundation for the upgrading of PET staple, the profit margin of 200 yuan / ton is still insufficient. Therefore, the short and short fall will not be too large in the short term to consolidate the wait-and-see.
Affected by the European debt crisis, orders for terminal textile enterprises have been reduced.
Exit
The volume is down, and the inventory pressure is serious.
In addition, with the rise of the renminbi this year, tightening monetary policy, increasing the loan interest rate of enterprises, increasing the difficulty of credit, and increasing the cost of labor, the domestic and foreign sales of terminal textile enterprises are also facing difficulties.
At present, the downstream polyester viscose yarn market has steadily declined.
Pure polyester yarn
The market is stable, and 45s and 32S are safe and stable.
In the short term, insufficient demand is still the biggest obstacle to the current terminal market.
At present, the mainstream negotiation price of the 1.4D*38mm direct spinning polyester staple market in East China is near 12300 yuan / ton, and some domestic manufacturers are very mindless. They have heard that there are no quotations at 12000 yuan / ton in Tianjin area. The current manufacturers are still mainly shipping, but the market is dominated by small orders, and there is no obvious volume.
Zhao Guizhen, a market analyst for long chain polyester industry chain, said: polyester staple fiber will continue to be vulnerable to adjustment in recent days, and cotton wool futures will be closely watched in the late stage and raw material trends.
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