Polyester Staple Market: Improvement In Production And Marketing

Afternoon PTA internal market oscillation finishing.

The offer is basically maintained at 4650-4700 yuan / ton, and the paction price is relatively high today. The turnover of 4620-4650 yuan / ton has been concluded in the proposed interval, and the PTA external market is still showing a slight turnover today.

The one-day tour of the bonded bond is near $660 / ton, and the buyer is still on the sidelines. The intention is $600 / ton or slightly higher.

In the afternoon, the centre of gravity of MEG was stable, and the spot price was 6250-6280 yuan / tonne, which was negotiated 6230-6260 yuan / ton. In April, the futures offer was 6200 yuan / ton, and 6180 yuan / ton was estimated. The MEG market in the afternoon was flat, and the recent shipping value was about 825 US dollars / ton. We talked about the 820 US dollars / ton turnover. The bonded newspaper was 830 US dollars / ton, and we estimated the 825 US dollars / ton nearby.

Oil prices continue to rise.

Rising and other good incentives, early polyester and short market to take the main goods, individual quotations increased by 50 yuan / ton, Jiangsu and Zhejiang 1.4D direct spinning polyester short market mainstream reported 7000-7100 yuan / ton factory.

Fujian market polyester and short manufacturers offer lower prices, 1.4D direct spinning polyester and short market.

6900-6950 yuan / ton short delivery, the manufacturer's intention to ship is obvious, but the downstream mentality is cautious, and the morning trading is not ideal.

Shandong,

The short and short staple market is generally weak and stable, and the purchase of downstream market is still cautious. 1.4 direct spinning polyester and short mainstream newspapers are sent to 7100-7200 yuan / ton, and some of them are negotiable.

Oil prices continued to rise and other favorable driving forces. Today, the short market turnover has picked up. In the afternoon, the price of Fujian manufacturers has tentatively increased by 100 yuan.

Today, the main production and marketing of polyester short factory in 200%, small factory higher production and marketing over 400%.

In March 23rd, Asia's PX rose 27 to 819 US dollars / ton FOB Korea and 841 US dollars / ton CFR China.

Europe's PX rose 27 to 739 U.S. dollars / ton FOB Rotterdam.

In March 23rd, New York cotton futures contract 1.23 cents in May, closed at 64.05 cents / pound, and July contract rose 1.02 cents to 64.42 cents / pound.

In Jiangsu and Zhejiang, half light chips are generally traded, and a few small and medium-sized pactions are in cash at 6200-6250 yuan / ton.

Shengze market yarn turnover has picked up, the overall price is stable.

Pure polyester yarn price rise steadily, 32S mainstream newspaper 11400 yuan / ton up and down, 45S mainstream reported 12300 yuan / ton nearby.

Oil prices continue to rise, driven by the improvement of production and sales of the manufacturers today.