Polyester Chip Market Turbulence Downward

This week polyester chip market shock downward, early week in Jiangsu and Zhejiang area half light section mainstream pactions in 7200-7350 yuan / ton, sliced chips mainstream pactions in 7300-7400 yuan / ton cash from mentioning, to Friday half light section mainstream trading in 6800-6900 yuan / ton, glossy slice mainstream pactions in 6800-6900 yuan / ton cash, since the week, the market price fell in the range of 400-500 yuan / ton.

International Week

Continue to fall, polyester raw materials PTA and MEG both fell, slicing cost surface collapse, and slicing downstream enterprises in the weak environment, buy up and down mentality, purchase intention is low, slice buying atmosphere is bad, so bad profits dominate, in the short run slicing last time maintain weak shock.

This week, at home

The market continues to decline. As a result of the low price of the PTA market, the polyester market is dispirited, and the buyers' wait-and-see mentality is aggravating. The distributor of polyester market generally reflects the difficulty of sales. This week, the polyester market continues to be dispirited, and the polyester price center of gravity continues to fall.

As of Friday, the market of polyester and silk in Jiangsu and Zhejiang was weak and stable,.POY150/48 mainstream reported 8100-8300 yuan / ton cash, FDY150/96 mainstream reported 7900-8300 yuan / ton cash, and DTY150/48 mainstream reported 10100-10800 yuan / ton.

From the present

In view of the fact that the downstream market is about to turn into the off-season, the purchasing volume of weaving factories and bomb companies is a little cautious, while polyester spinning factories continue to make concessions for the sake of making polyester goods shipped, but polyester spinning mill's POY inventory is at a reasonable level.

Therefore, it is expected that the probability of maintaining the price trend of polyester in the short term will be greater. However, the collapse of raw material costs and the reduction of demand will also have a downward trend in FDY and DTY.

This week, the market of polyester staple fiber was coming down. During the week, the mainstream of 1.4D*38mm in Jiangsu and Zhejiang was traded at 8150-8200 yuan / ton to 7950-8000 yuan / ton on Friday. The cash flow fell to 200 yuan / ton during the week. The mainstream of Fujian area dropped to 7900-8000 yuan / ton in 8150-8200 yuan / ton, and the mainstream price in Shandong and Hebei area dropped to 8000-8100 yuan / ton at 8200-8250 yuan / ton, and the range was 150-200 yuan / ton.

During the week, international crude oil fell, polyester raw materials fell weak, short staple factory offer reduced, but due to manufacturers' inventory is not high, the decline is small; in addition, downstream enterprises are affected by the bad environment, low willingness to accept, the average production and sales of short staple mills within 4-6 weeks.

In the later stage, the short staple factory was running poorly, the stock gradually rose, the cost surface support was weak, and the market prices followed the raw materials.