Weekly Review Of Polyester Market In Shengze And Jiaxing (2-8 November)

Driven by the news of overhaul of a PTA plant, the price of polyester market rose slightly on Monday.

Tuesday polyester factory polyester production and sales of good effect, polyester opened up shock upward upward trend.

3 crude oil futures rose day and night, Wednesday polyester market steadily increased.

Due to the 4 day of international oil price decline, plus a few days polyester production and sales rate down, polyester market turn to dull.

Most of the spinning factories are on Friday and weekends.

Temporarily stable, but there are very few polyester factories.

The paction price has the delivery price phenomenon.

The DTY market is on the rise slightly, the increase is around 50-100 yuan, and the market is stable at the beginning of the week. Then, with the strong driving force of POY, the DTY quoted price has also risen slightly.

This weekend, the main factory DTY150D/144F quoted price at 7900 yuan / ton.

Mainstream conventional products such as DTY150D/48F network and 300D/96F network have fragmentary purchasing power. The current prices are 9000 yuan / ton, 8600 yuan / ton respectively.

DTY75D/72F (Network), DTY75D

In addition, the DTY150D/144F sales rebounded, mainly on the surface of water jet looms.

POY is strong and stable.

At the beginning of the week, POY went up, which was stimulated by the downstream filling up. The production and sales increased significantly, and the polyester factories rose. However, because the downstream demand was difficult to sustain, the POY market was stabilized on Thursday.

This weekend, the mainstream manufacturer POY150D/144F quoted a price of 6800 yuan / ton.

POY products such as 75D/72F, 144F, 100D/144FF and so on are still in demand for downstream shells, while the demand for conventional POY plus stretch yarn and POY products is still not large.

The price of FDY mainstream manufacturers has increased slightly, the range is around 50-100 yuan / ton.

Relatively speaking, the sales volume of light silk is relatively good, such as FDY50D/72F, 75D/72F and so on.

The demand for semi gloss conventional fine denier yarn is general, mainly for downstream conventional fabrics.

This weekend, the mainstream manufacturer FDY54D/24F quoted a price of 8200 yuan / ton.

Polyester filament Market FDY fine denier multi F silk is currently available for sale, of which semi gloss FDY50D/72F, 66D/48F, 75D/72F, 144F products sell better, and the semi semi dull mater FDY100D/72F, 135D/36F products will be able to carry goods, FDY135D/36F is mainly used for the production of filament Oxford cloth products, while FDY big gloss 30D, the series of products sales are also good.

Judging from the current market situation, although the current weaving rate of downstream weaving is stable, the kinetic energy of upstream raw materials will disappear, and the polyester manufacturers will strive for the delivery of polyester products.

It is expected that the market will be more vulnerable next week, even if the price of good selling varieties is difficult to improve in the short term. On the contrary, with the increase of stocks, the probability of downward adjustment of silk prices seems to be larger.