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    Polyester Market Stability And Wait-And-See Polyester Staple Market Quotation Maintained

    2016/1/1 19:45:00 31

    PolyesterPolyester StapleMarket Quotation

    Overnight oil prices rose, this polyester market stability waits and waits, polyester and short market quotes remain, Jiangsu and Zhejiang 1.4D direct spinning polyester and short market mainstream reported 6250-6350 yuan / ton factory, the actual deal can be negotiated.

    Shengze Market

    Pure polyester yarn quotation is weak, market turnover is sparse, 32S mainstream quotation 9950 yuan / ton up and down, 45s mainstream quotation near 11100 yuan / ton.

      

    Fujian

    The short and short quotation is stable, 1.4D direct spinning.

    Polyester and short

    The mainstream market reported 6200-6300 yuan / ton short delivery, the actual paction negotiations, early PTA futures opened after the shock is strong.

    Shandong, Hebei market short and short quotation weak stability, 1.4D direct spinning polyester short mainstream newspaper 6350-6450 yuan / ton to deliver, the actual deal can be negotiated, the downstream wait-and-see atmosphere is thicker, inquiry purchase is lighter.

    Related links:

    Although the supply and demand of crude oil has not been substantially improved, the price has not dropped to the clear price of capacity, but the low level of 35 US dollars / barrel has been below the long-term cost of 40 yuan / barrel, the low price can not exist for a long time, and the layout opportunities of the crude oil market are emerging.

    Last Wednesday, when the US Energy Department announced that oil prices rebounded by 4% after inventories dropped 5 million 500 thousand barrels, it is estimated that this is also based on this.

    The installation of Luohua and Helen Petrochemical has successively started. At present, the PTA industry has a capacity base of 46 million 640 thousand tons, with an industry starting rate of 66.75%.

    Removing the 12 million 700 thousand tons of long-term production capacity, the PTA industry's actual operating rate has risen to 93.6%.

    However, at the end of December, there are overhaul plans for the BP110 million tons of equipment. In the early January of next year, there will be a maintenance plan for the Yisheng 2 million 200 thousand ton plant.

    With the advent of the new maintenance cycle, supply is expected to shrink again.

    Recently, polyester filament prices continued to decline, factory losses increased.

    As of December 25th, polyester production of polyester filament POY, DTY and FDY respectively lost 490 yuan / ton, 490 yuan / ton and 340 yuan / ton.

    Against this background, the operating rate of polyester enterprises has dropped to 75%, and the operating rate of Jiangsu and Zhejiang looms has dropped to 56%, far less than 73% of the same period last year.

    The decline in prices, profits and operating rates reflects the status quo of the "southeast flight" of orders.

    In recent years, due to the significant upward movement of land and labor costs in China, labor-intensive industries have lost competitiveness and forced the pfer of industries to Southeast Asia.

    Industrial pfer is a long-term process. The survival state of Chinese textile enterprises can be described by "boil".

    In terms of external demand, exports of textiles and clothing continued to decline.

    The data released by the General Administration of Customs showed that textile exports in November amounted to 8 billion 658 million US dollars, and total exports from 99 billion 721 million to us in 1 to November, the total export volume decreased by 2.6 percentage points compared with the same period last year. The total export volume of clothing exports was US $13 billion 314 million, 1 to November, and the cumulative export volume decreased by 7.7 percentage points year-on-year.

    In the domestic demand side, in view of the slowdown in economic growth, weak consumption, the collapse of clothing enterprises and stores, employees go home in advance for the new year.

    The overall pressure of the textile and garment industry is large. We need to find new development space through structural adjustment and innovation drive.

    Terminal consumption is weak to suppress PTA market, disk price is still running around cost.

    Due to the existence of long-term costs, oil prices can not run in the low region for a long time. The long-term investment value of crude oil appears, and PTA value investment opportunities also appear.


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