Polyester Short Strong Rise Gauze With Hysteresis

In June, oil prices in New York continued to rise. Supply worries triggered by Iraq's geopolitical risks are the main factors contributing to the surge in oil prices. In June 20th, the main crude oil contract reached an annual high of 107.26 US dollars per barrel. In June, oil prices rose by 2.66 US dollars, or 2.59%. In the first half of this year, oil prices rose by 6.95 US dollars, or 7.06%.

Polyester and short upstream raw materials rose strongly, and prices rebounded to annual highs. PX, PTA and PET chips increased by more than 15%. Asian PX has been tight and price is rising due to overhaul. This month, the total rose by 218 US dollars, or 17.26%, at the end of the month, running at 1481 US dollars / ton. The price of MEG rose to 7560 yuan / ton. Polyester chip fell sharply rebounded 1275 yuan / ton, at the end of the month running at 9475 yuan / ton position.

　　 PTA Supported by factors such as the cost of PX, the limited production price, the tight spot supply and the changing mode of settlement, the price has rebounded since mid May, from the annual low of 5980 yuan / ton (May 8th) to 7620 yuan / ton at the end of 6, and the total price rose 1080 yuan / ton in June, or 16.51%. In the game between the PTA plant and the polyester Union, most polyester factories have signed agreements and made compromises, and the PTA alliance has won a stage victory. PTA spot supply eased slightly, pet business profits were eroded.

Pure polyester yarn Price In the first ten days, the price of 32S factory is about 13400 yuan / ton. In the middle of the cost pressure of short polyester, pure polyester yarn quotations are substantially increased, and the mainstream quotations of Fujian and Zhejiang 32S major plants reach 14000 yuan per ton. However, due to the lack of actual demand in the downstream, business confidence is generally low, and the actual transaction price is slow. In the last ten days, the market of pure polyester yarn is still weak, and the turnover is not enough. With the end of the polyester and short quotes, some of the mills' quotations are still rising. At the end of the month, the main quotations of 32S factories are around 14000-14100 yuan / ton, and the focus is around 13800 yuan / ton. Fine yarn rises relatively slowly, and the mainstream price of 50S is about 17100 yuan / ton. The price of polyester cotton yarn did not increase. In the first ten days, the prices of individual varieties still declined, and prices remained stable in the middle and late days. At present, the mainstream trading price of Dahua T63/C3532S polyester cotton yarn is below 19000 yuan / ton, and the higher price is around 19500 yuan / ton.

　　 Polyester cotton cloth There is little market volume for conventional varieties, but some special specifications such as yarn, slub and double-sided cards are more popular. Summer T/C polyester cotton distribution department sales smoothly. In some market tooling fabrics, because of the identical structure of varieties and fabrics, and the high proportion of polyester staple blended in blending, the sales trend gradually slows down, especially in Sinochem polyester cotton fabric. Due to the excessive production, the inventory pressure of enterprises is obviously increased.

In June, the strong rising trend of polyester staple fiber and its upstream raw materials became a highlight of the textile market. In the first 3 years, the expansion of chemical fiber production capacity was too fast. The price of chemical fiber raw materials has been falling, and inventory has become a big problem for many enterprises. Along with the control of capacity by major enterprises, the market supply is tight, and the prices of upstream PX and PTA of chemical fiber have been rising all the way. Since mid May, cost driven polyester fiber chemical industry chain has seen a strong rebound in prices, and the production and sales volume of chemical fiber enterprises has also picked up. This round of price increases helped enterprises to digest inventory pressure and improve the profitability of enterprises.

However, whether the chemical fiber industry really gets warmer depends on market demand. This price increase is still caused by cost leadership. In the context of market demand has not been expanded and the capacity of the chemical fiber industry is seriously overabundant, the prospects for the recovery of the chemical fiber industry are still uncertain. Many industry experts also pointed out that at present, chemical fiber enterprises must speed up technological transformation and develop differentiated products, so as to get out of the predicament caused by overcapacity in the industry as soon as possible.