Polyester Market Overall Trading Down, Price Trend Is Chaotic.

At present, the procurement of FDY120D/96F and 150D/96F on the circular knitting machine is still cautious.

Because of the steady production of velvet series fabrics, the purchase of 80/20 polyester cotton yarn is prudent in this market, and the core of polyester cotton yarn price is weak.

This week (October 9-15), upstream raw material price shocks intensified, affected by the decline in crude oil futures, PTA, MEG showed a weak trend.

The overall trading atmosphere has dropped significantly, but the basic demand for downstream weaving is still there. The total turnover of the week in this market has dropped slightly last week, and the production and sale of polyester spinning factories is far from high.

Because of the supply of polyester products, the price range of polyester products is larger than the upstream raw materials, and many varieties are still on the loss surface.

Judging from the variety of pactions, FDY75D has many advantages.

Generally speaking, the quotation is stable, the quotation of the market center is between 7400-7600 yuan / ton, and the DTY75D/72F (net) market also has small batch purchase, which is mainly digested on the warp knitting machine.

In the DTY market, the volume of trading in the 75D/144F market is still good, mainly producing velvet fabrics.

DTY100D (package color) silk price is weak, and the turnover is not large; the volume of DTY silk trading is also decreasing, and the price trend is chaotic.

Semi dull DTY150D/144F has low purchasing power, and the quotation is stable at the moment.

At present, the mainstream price of the conventional varieties of the market is 50D/24F 8000-8200 yuan / ton, 68D/24F is 7800-8000 yuan / ton, 75D/36F is 7600-7700 yuan / ton, 150D/96F is 7100-7200 yuan / ton, at present, the purchasing of FDY120D/96F and 150D/96F on the circular knitting machine is still cautious.

The 50/50 trading volume of polyester / polyester composite yarn has been slightly enlarged. The products are mainly used in the production of crystal velvet fabric. In addition, due to the stable production of velvet series fabrics, the purchase of 80/20 polyester cotton yarn is prudent in this market.

The center of gravity is weak.

Judging from the trend of upstream and downstream, although the downstream market is in the peak season in October, the opening rate of large circular knitting machines and warp knitting machines in the lower reaches is at a high level in the year. However, crude oil is falling down, and the trend of polymerization raw materials is downward. Downstream weaving and purchasing of polyester businesses are mainly real-time operations, resulting in polyester stocks rising daily.

As far as Changshu market is concerned, there is a downward trend in polyester market price next week.