Polyester Staple Market Is Weakening.

In the first quarter, the market continued to decline after the slow start of the downstream and the weakening of raw materials.

In April, it began to slow down the bottom and was briefly promoted by the maintenance of PTA plant.

Still insufficient, wait-and-see mentality is strong.

Beginning at the end of May,

PTA strong help up short fiber market rebound obviously, at the end of June also rushed to this year's highest price of 10270 yuan / ton.

After that, they entered the "drop and fall" state. In 7, 8 and September, the traditional demand for textile was off season, and the overall situation was low.

In addition to the October international crash, cost support collapsed and led to collapse.

Prices plummeted.

Although PTA was cut down in November, it brought a small rebound, but it finally came to the end of the continuous decline of crude oil prices and the pressure of maintaining small and single purchase.

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In mid 1-3, the stock of polyester factories increased as demand weakened and the recovery began to slow down before and after the Spring Festival.

Besides, upstream raw materials are weak and cost support is limited.

Mid March to mid May, affected by the upgrading of raw materials maintenance, the market rebounded slightly after the short term, the market is weakening.

From late May to July, with the strong rebound of PTA, the price of polyester was rising.

As the saying goes, buying and selling under the psychological control, and polyester factory inventory is at a low level, some specifications even appear continuous supply in short supply, the price will rise strongly.

From July to mid October, as the downstream market entered the midsummer off-season state, the rate of starting up of weaving and firing decreased, and raw materials purchased cautiously, and raw materials appeared to fluctuate.

Although in September, driven by the peak season of consumption, the decline slowed down, but the crude oil market fell sharply in October, resulting in a significant weakening of the cost and accelerated the decline in polyester prices.

Beginning in mid October, with the support of just needed margin, production and sales rebounded, and stocks were in a low position, and price shocks were strong.

In December, the domestic polyester filament market continued to be in a state of weakness, and low price sales prevailed. At present, whether polyester spinning factories or weaving manufacturers or bomb companies have more or less financial pressure, mainly the weaving factories' grey cloth and the bomb factory's arrears are more, and the whole polyester Market wait-and-see atmosphere is still thicker.