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    Polyester Staple Market - Slightly Weaker (12.09)

    2014/12/9 12:34:00 14

    Polyester StapleMarket Price

       Psf Market mentality is fatigue, bulk turnover is the main. Weekend polyester market short overall performance is quiet, the transaction is scarce. Today, PTA futures are open and low, and the market is very strong. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market is 8150-8200 yuan / ton, and manufacturers are maintaining preferential talks to take the goods.

       PTA Futures go lower and lower, and drop more than 100 points. Fujian The market price of polyester and short fell 50 yuan / ton, 1.4D direct spinning polyester short market mainstream reported 8150-8200 yuan / ton short delivery, enquiry scarce, limited turnover.

    The market of Shandong and Hebei is dense and short, and the center of gravity is slightly weaker. 1.4D direct spinning and polyester short mainstream quotation maintains 8200-8250 yuan / ton, the market mentality is tired, and bulk trading is the main. Shengze market cotton yarn quotes show "disk suppression" state. Pure polyester yarn price change little, 32S mainstream 12600 yuan / ton up and down, 45S mainstream 13500 yuan / ton near.

    The PTA industry has a big reduction in production. MEG is easy to rise and fall under low inventory conditions. Short and short stocks are on the low side.

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    Viscose staple market is relatively quiet, and people's cotton yarn stocks are rising. Viscose staple market is relatively quiet, there is no substantial change in the market trading, the high price of the early stage also returned to the mainstream of the market, the middle end negotiations were mostly 11800 yuan, slightly lower at 11600-11700 yuan. High end small single negotiation center of gravity 11900-12000 yuan, more than 100 tons turnover in 11800 yuan / ton.

    It is widely believed that prices are still bottoming out. Siro spinning cotton yarn orders less, cotton mill inventory rose to varying degrees, the price fell 200-400 yuan, Shaoxing region siro spinning 40S cotton yarn quoted price of 20000-20300 yuan, Fujian tight race 40S is lower than 19500 yuan.

    Part of the downstream textile mill mainly receives money, the production intention is weakened, and the yarn atmosphere is mild. The stock market and the price of chemical fiber spot are two days. The prices of chemical fiber products are all low, and in December, the trading remains light. It is expected that the viscose industry will maintain a weak position.

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    PX Supply Is Too Large, PTA Downstream Demand Weakened

    Recently, in the case of continuous decline in crude oil and PX, the PTA price fell back to the 5000 yuan / tonne pass. At present, the upstream market has not stopped showing signs, and the strong downstream market has begun to weaken, and PTA futures are under pressure again.

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