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    Market Demand For Polyester Staple Is Not Ideal.

    2014/2/24 17:52:00 43

    Polyester StapleMarket DemandMarket Analysis

    < p > although the international crude oil price is still rising, the price of PX, PTA, MEG, PET chips and other raw materials of polyester staple fiber has not been promoted, and the cost of polyester staple fiber is insufficient.

    Downstream load slowly picked up, and demand recovered slowly.

    Polyester staple fiber lack of confidence, downstream buy or not to buy, the paction continued to slump.

    In February 21st, the price of 1.4Dx38mm polyester staple fiber was running at 9360 yuan / ton (10098 yuan / ton lower than the domestic 3128B class < a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > spot price, widening the price difference). The cumulative expansion this week dropped by 200 yuan / ton, or 2.09%.

    < /p >


    < p > this week, the mainstream quotation of 1.4D direct spun polyester staple is 100-200 yuan / ton lower than last week, and the center of gravity continued to decline.

    At present, Jiangsu and Zhejiang mainstream newspaper 9300-9450 yuan / ton factory, low price clinch a deal in 9200 yuan / ton nearby.

    Fujian's flagging, mainstream newspaper 9300-9450 yuan / ton short delivery, negotiation is much lower than 9300 yuan / ton line (200 yuan lower than last week).

    In Shandong and Hebei, the price of polyester staple fabrics increased at a low price. The private source quotes were mostly around 9500 yuan / ton line, and the state cargo source was delivered near 9650 yuan / ton.

    < /p >


    < p > this week, oil prices in New York increased and the cumulative expansion continued to rise.

    Driven by cold weather demand, oil prices rose 18 to 2.1% dollars to 102.43 U.S. dollars per barrel, 19 days continued to rise to 103.31 U.S. dollars / barrel, the main contract since October 2013 the highest closing price.

    However, the recent crude oil demand outlook implied by recent economic data and the fact that inventories have increased last week has led to a slight decline in oil prices for two consecutive days.

    21, April, the main oil contract closed at $102.20 / barrel, the main contract price this week rose 1.92 US dollars, or 1.91%.

    < /p >


    < p > despite the recent rise in international crude oil prices, the upstream raw materials of PET staple have failed to rebound.

    PX prices continued to fall, breaking below 1300 yuan / ton.

    Abundant supply is the main reason leading to PX's fall. The Qingdao Li Dong device is restarted, and the Hainan refining and chemical plant is put into operation. The factory has a high rate of about 85%.

    At the same time, according to statistics, PX imports in January amounted to 955 thousand tons, a significant increase of 172 thousand tons compared with December, and a large number of imports led to high domestic inventories.

    PTA spot continued to fall, even with low innovation.

    At present, the price of the internal offer is 6500-6550 yuan / ton or slightly above the level, the negotiation is below 6500 yuan / ton, the trading atmosphere is light, and the dealers are mainly on the sidelines.

    MEG continued to plummet, with its internal disk at 6700 yuan / ton.

    Polyester chips continued to drop by 100 yuan to 8525 yuan / ton.

    < /p >


    < p > after the Spring Festival, the operating rate of Jiangsu and Zhejiang < a href= "http://www.91se91.com/news/index_c.asp" > loom < /a > slightly increased to 48%, and the polyester plant maintained about 65% level.

    In February 2014, the settlement price of Sinopec polyester staple fiber was introduced: 1.4D semi gloss PET staple was quoted at 9850 yuan / ton, and 1.2D polyester PET staple was quoted at 10350 yuan / ton, down 250 yuan / ton from last month.

    < /p >


    < p > > a href= "http://www.91se91.com/news/index_c.asp" > polyester staple fiber < /a > down, driving pure polyester yarn price to weaken slightly.

    The price of pure polyester yarn is stable, but the demand for 45s and 50s is slightly enlarged, but the other specifications are very few.

    In the blended yarn, the price of polyester viscose yarn is stable and smooth, and the sales volume of T65/C35 45s is larger.

    Polyester cotton cloth price parity soft, polyester cotton twill trousers demand is better.

    < /p >


    < p > at present, the mainstream of Shengze's 32S newspaper is near 13900 yuan / ton (down 100 yuan / ton last week), and the mainstream newspaper of 45S is near 14900 yuan / ton (down 200 yuan / ton last week).

    Qian Qing polyester yarn weak stalemate, 32S woven pure mainstream newspaper 13900-14000 yuan / ton to deliver.

    Changyi polyester yarn partial adjustment, 21s mainstream newspaper 13700 yuan / ton up and down (Chi Ping), 32S mainstream newspaper 14100 yuan / ton (compared with last week fell 100 yuan / ton).

    < /p >

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    China Manufacturing PMI Index Fell Below 50 Market Waiting For Direct Subsidy Rules

    Overall, the global cotton supply for four consecutive years has been over the market. Under the background of a higher inventory consumption ratio in China, the space above Zheng cotton is limited. After the abolition of the purchase and storage policy, the domestic cotton will freely enter the market under the direct subsidy policy. With the acceleration of the dumping and storage adjustment and the implementation of the direct subsidy policy, the domestic cotton price will go down.

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