Causes And Trend Analysis Of Polyester Rainy Season

Near stage

The market is like this "Meiyu climate" cloudy and sunny. It is rainy and weak.

In late June, the prelude of polyester and short seemed to continue to be pulled open, but in the early July, the market price of polyester and short became stronger and stronger.

The focus of the mainstream manufacturers of polyester and short market has been increasing for several days. The market price of the mainstream 1.4D direct spinning polyester staple market has risen to around 9850-10100 yuan / ton, and it has recovered thousands of yuan.

How does such a short, fair and uncertain market come into being? Will the future market usher in the scorching sun or rain?

First of all, the impact of the rise and fall of polyester staple fibres is not neglecting.

International oil prices have been repeatedly reversed since the recent stage.

It has brought great impact.

In the early stage, the world economic recovery was sluggish, and crude oil and other commodity prices continued to fall. According to the data, WTI has fallen by 22.58% in the two quarter, and oil prices in New York have slid through the $80 / barrel level for the first time in 18 months. The total price of Brent has fallen by 25.96%.

And international oil prices drive downstream petrochemical products prices to weaken. Raw materials such as PX, PTA and polyester market are all spared.

However, the European Union summit recently discussed the solution to the European debt crisis again, and the market confidence reignited. With the good news, the trend of international oil prices rebounded sharply. The price of crude oil in New York almost surged 10%, which was close to 85 US dollars / barrel, and recovered nearly a month's decline.

Improvement of external market atmosphere, international oil price and upstream

The rising market is indeed a cost supporting and stimulating role for the short and short market in the near future.

The second is the change of demand, which directly affects the trend of polyester and short.

We know that demand is always the most important factor affecting prices.

The weakness of the early downstream yarn market is aggravating. The market of pure polyester yarn is also weak and the pattern of decline is mainly. The quotations of manufacturers are mostly down. Although the yarn market prices are stable in recent days, the overall turnover of the market is still general, and the stock pressure is still more obvious.

The procurement demand for polyester staple fiber was boosted by many good businesses over the weekend. Yarn manufacturers conducted a round of centralized procurement of polyester and short. With this impetus, the production and sales of polyester and short factories increased sharply, and the inventory pressure was relieved.

However, in the end market situation has not improved, the yarn market sales resistance is relatively large, relatively speaking, downstream yarn market prices downward trend is difficult to change, the market wait-and-see sentiment has spread again, manufacturers of the current high price polyester short pursuit enthusiasm is not high.

In addition, the price difference between cotton and cotton is also an important factor affecting the trend of polyester staple fiber.

The cotton spot market is hard to change, and the economic downturn at home and abroad has led to a weak market demand. On the other hand, because of the worsening economic situation in the European debt market, the price of imported cotton has continued to fall, making the difference between domestic and foreign cotton prices continue to be high, and domestic cotton prices are under pressure.

Although the price declines in the cotton market have slowed down recently, trading volume is still difficult to enlarge due to the pressure of capital and the loss of orders.

Finally, we look at the various factors affecting the market. Under the support of short-term cost pull and low inventory pressure, it is expected that the short or short term market trend will slow down in the near future, and we may not rule out a slight upward trend, but there is no impetus for a big rebound.

Because the market of polyester fiber can be strengthened, the most important thing is whether the downstream market demand can be effectively improved. However, judging from the current market, the demand for downstream manufacturers has not yet been effectively followed up. The enthusiasm of manufacturers is still not high, mostly based on replenishment, and the short term demand for terminal market is also difficult to improve.