Polyester Overall Market Continues To Present: A Weak Downward Trend

It is reported that due to the insufficient operating rate of downstream weaving during the long National Day holiday, the inventory of polyester factories rose, and the overall polyester market continued to show a weak downward trend. This week, the silk price fell again, FDY fine denier varieties fell relatively ahead, and the total volume of transactions in the polyester market was first suppressed and then increased.

From the perspective of market variety trend, the sales volume of FDY75D/36F Dayuanguang is insufficient. At present, the mainstream price of FDY75D/36F Dayuanguang in the market center is between 11200-11300 yuan/ton, and the lower price is between 11000-11100 yuan/ton. There is still a certain amount of demand for DTY 150D silk produced in Taicang without color coating. It mainly produces downstream printed grey cloth, with slightly lower requirements for product texture to reduce production costs; On the contrary, the overall market situation of high quality wrapped silk is depressed. For example, the supply of DTY 150D/144F silk exceeds the demand in the market, and low price promotions can be seen everywhere, with the lowest price of 11700 yuan/ton (Taicang production); At present, DTY100D/36F is still in demand downstream, mainly used to produce fabrics such as steamed yarn velvet. FDY50D and DTY75D/36F (net) still have sporadic demand for warp knitting. Among them, the mainstream price in the FDY50D market is between 11600-11700 yuan/ton. In addition to the production of conventional terry cloth and fluorescent cloth, the product has recently produced conventional cotton like terry cloth. Recently, the sales volume of polyester composite yarn in this market is not large, and the polyester composite yarn (50+50 and 30+30) is barely sold, mainly used for the production of crystal velvet and other fabrics on the big round machine, but the trend of silk price has also been slightly reduced, and the price of two-step spinning 50+50 fell to 12400 yuan/ton. In addition, the demand for cvc polyester cotton yarn 80/2045s on the big circle machine is increasing, mainly for "velvet" fabrics.

From the upstream and downstream trends, although the operating rate of warp knitting machines and garden machines is temporarily stable, the transaction price of polyester chips outside the contract still has a downward trend. The mainstream quotation of semi gloss polyester chips is between 9300-9400 yuan/ton, and the actual transaction price in the market has dropped to 9250 yuan/ton, which is not good. From the downstream weaving situation, some grey fabrics such as velveteen and crystal velvet have dynamic sales, but the overall sales of the manufacturer's warp knitting and garden machine fabrics have slowed down, and the purchasing power of the downstream is relatively cautious at present. It is expected that the polyester market will show a weak market adjustment trend next week, but it does not rule out that the price of some varieties of individual manufacturers will continue to decline slightly under the circumstances of unsalable and high inventory pressure.