Viscose Staple Weekend And Morning Prices Vary Little.

The market price is generally stable. The mid end offer is 14700-14800 yuan / ton, and the high-end is 14900 yuan / ton. In actual paction, the middle end turnover is more than 14500-14600 yuan, the paction volume is higher, the resistance is bigger, and the number of individual orders is higher, and the paction reaches 14700 yuan / ton.

The high end talks are at 14800-14900 yuan / ton.

Recent short staple and domestic

Strong and unyielding, and strong aftereffect.

Viscose staple fiber has good overall fundamentals, and the latter is mainly continuous and stable.

and

Jiangyin, Zhangjiagang, Taicang and other parts of the cotton mill part of the spinning and weaving, core spun yarn orders to better, some tons of profits up to more than 5000 yuan, imitation rabbit hair 28S market to negotiate 29500-30000 yuan / ton.

The downstream needs replenishment only, and the overall pursuit of enthusiasm is general.

The new high-end signature is in good condition, and the new sign production and marketing part continues to run over 100.

The price of the cotton yarn market is generally stable, and the orders and prices of conventional products such as vortex spinning, siro spinning, air spinning and so on are generally stable.

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At the end of August and early October, when the Venezuela appealed for oil producing countries to cut production and Russia's strong involvement in Syria, the international oil price had a two wave of rebound.

But at present, these two factors are falsified by the market.

First, in October 21st, OPEC failed to reach any agreement on crude oil production reduction with the technical meeting of petroleum experts held by non OPEC countries in Vienna.

This means that there will still be fierce market share competition between OPEC oil producing countries and non OPEC oil producing countries, and the supply side is difficult to form effective reduction. Secondly, Russia has called on Syria to hold elections last weekend, releasing the signal of resolving Syria issue through political means, and Syria's risk of war spillover is weakened.

Therefore, the two factors that support the crude oil market rebound in the early stage will disappear, and the international crude oil market will return to the market environment dominated by supply and demand and financial factors.

I believe that the late international oil price will be supported by seasonal demand recovery, but the trend of oversupply will continue, and crude oil will still oscillate and weaken.

In the first three quarters of this year, polyester production increased by more than 8% over the same period last year, higher than the same period last year, but China's textile and garment exports declined for the 10 consecutive month.

At present, the downstream textile orders are scarce. Before the end of the year, the market is pessimistic about the terminal demand. It is expected that polyester production will gradually decline after October, and then the demand for PTA will be negative.

In addition, after November, the Yisheng PTA device is restarted and terminal demand weakened, which will lead to PTA's re entry into the inventory cycle.

Recently, Sinopec's acquisition of Tenglong aromatics up to 80% stake in the news spread in the industry.

Judging from the information from all sides, Tenglong aromatics is more likely to be accepted by SINOPEC. Taking into account more specific negotiations and the more complicated game between buyers and sellers, Tenglong aromatics and the 4 million 500 thousand ton PTA equipment of Xiang Lu Petrochemical Company are less likely to be put into operation during the year.

Against this background, Yisheng Petrochemical Company as a leading enterprise will continue to adopt the overhaul plan to boost the spot market.

Among them, Yisheng Dalian 3 million 300 thousand tons PTA plant plans to overhaul the weekend, and the November contract cargo reduced by 10%.

In short, Yisheng Petrochemical constantly receives goods in the spot market to tighten the supply side, and PTA spot prices rise.

However, as of last Friday, PTA's cash flow reached its highest level this year, 700 yuan / ton.

In addition to the PX security check of the port and the PTA facility's parking service at the end of the month, some 600 thousand tons of small and medium PTA factories are in the restart state. The 3 million 300 thousand ton PTA installation in Yisheng Dalian will also be re opened in mid November.

Therefore, the supply of PTA will gradually increase after mid November.