Polyester Staple Market: Less Stock

The PTA market is stable in the afternoon, and the demand for arbitrage is acceptable. The offer is basically maintained at the morning level, and the turnover is 4480-4510 yuan / ton in the morning. At present, it is close to 4520 yuan / ton; the external market is strong, and the shipping offer is rising to 590-595 dollars / ton; the counter offer is estimated to be around 585 dollars / ton at 580 US dollars / ton.

In the afternoon, the center of MEG was stable, and the spot price was 5800 yuan / ton, which was close to 5780 yuan / ton. 3 yuan futures reported 5600 yuan / ton next month, and negotiated 5580 yuan / ton up and down; the external atmosphere was calm, the recent cargo reported 745-750 US dollars / ton, the estimated 745 US dollars / ton was negotiated, and the bonded offer was US $760-765 / ton, and we negotiated 760-762 US dollars / ton.

Under the background of low floatation and low inventory, the price of today's Polyester manufacturers has increased steadily. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market has reported 6950-7050 yuan / ton, and the downstream market replenishment has increased over the first half of the week.

In Shandong and Hebei, there was a rise in the price of short and short quotations, and the 1.4 straight spinning polyester short mainstream quotation rose to 7050-7150 yuan / ton, with less state owned goods and relatively high quoted prices.

Polyester and short manufacturers driven by universal inflation, low prices of goods to reduce, the price center of gravity has been raised, 1.4D direct spinning polyester and short market mainstream newspaper 7000-7100 yuan / ton short delivery, last week, less replenishment manufacturers have more market replenishment.

Futures rise boosted, today, polyester overall trading atmosphere improved, polyester short trading volume, manufacturer and marketing more relaxed than 100, the mainstream production and marketing 200-300%.

On Wednesday, New York crude oil futures rose 1.31 U.S. dollars to close at 47.78 U.S. dollars / barrel; Brent futures rose 1.04 US dollars in March, closing at 49.03 U.S. dollars / barrel.

It is reported that a 120 thousand ton direct spinning polymerization plant in Jiangyin has been shut down recently. It is expected to restart after the Spring Festival. The device mainly produces polyester, short and wool tops.

A 1 million 400 thousand ton PTA device that failed to stop in Zhejiang in January 6th has been basically overhauled. It is expected that the product will be officially reopened this weekend.

A 1 million 500 thousand ton PTA unit at the end of last month, which failed to stop the car, heated up its 750 thousand ton part and restarted the other 750 thousand tons at the end of.

Futures TA main contract 1505 rose 88 points, closed 4768, tied 4758, traded 1999792 hands, increased 970 hands to 1271712 hands.

Related markets:

Jiangsu and Zhejiang semi gloss slice Market is more active, volume is still acceptable, but after all, there have been several centralized replenishment in the early stage, the current pactions are mainly small and medium-sized, with a focus of 6150-6200 yuan / ton cash.

Qian Ching market yarn trading atmosphere is flat, downstream procurement is weak, and goods scattered.

The market of polyester yarn is stable and small, and the mainstream of 32S woven pure polyester yarn is delivered at 11200-11300 yuan / ton.