When The Off-Season Is Coming, Polyester Gauze Is Slowing Down.

In early 2016, May,

Enter the channel.

The price of the polyester market is weakening, the pet market is weakening, the price of polyester staple fiber is down, and the cost of polyester staple fiber is lacking. At the same time, the downstream demand is dull, and the market is short of business, leading to the continuous weakening of the staple fiber staple price.

As of 12 days, the price of 1.4D direct spun polyester staple fiber decreased by 170 yuan / ton to 6780 yuan / ton, or 2.45%.

The price is still running at 7000 yuan / tonne, which is 5743 yuan / ton lower than the domestic 3128B cotton spot price index, and the price difference between cotton and polyester has been enlarged.

On the same day, Jiangsu and Zhejiang 1.4D direct spinning polyester short mainstream newspaper 6700-6900 yuan / ton factory; Fujian market 1.4D direct spinning polyester short mainstream newspaper 6750-6800 yuan / ton short delivery; Shandong, Hebei market short and short quotation is stable, 1.4D direct spinning polyester short mainstream newspaper 6850-6950 yuan / ton to deliver; actual pactions can be negotiated, the next tour just needs replenishment.

Polyester staple from the Spring Festival started a round of rising market, and in the first ten days of March hit the highest level of 7180 yuan / ton (March 8th) since this year, from mid March to early April, the weak down, the price fall to 6650 yuan / tonne this year's low; 4 month in late 4 to rebound to 6970 yuan / ton, into the first ten days of May polyester staple market return to fall situation.

On the 11-12 th of May, the price of PET staple manufacturers remained stable for a long time.

Focus on the trend of crude oil and upstream raw materials.

Weakening of raw material market support

Although international oil prices showed a trend of first suppressed and then raised, and hit a 6 month high, polyester raw materials

But the weak slide is hard to change, and the pace of growth is slow.

Since May, the price of oil in New York has been suppressed.

At the beginning of the month (4.29-5.3), oil prices in New York fell three times, from $3.61 a barrel to $43.65 a barrel at a high level of $46.03 a barrel.

The reason is that the output of OPEC member countries has reached a record high level, and the market worries about global oversupply of crude oil have been rekindled.

Subsequently, Canada's forest fire was out of control, resulting in production activities in the oil rich areas of the country being disrupted. The offshore oil facilities in the southern part of Nigeria were attacked by the Chevron Co, resulting in a threat to crude oil production, thereby helping to push up oil prices by three times (5.4-5.6) to $44.66 a barrel.

In May 9th, oil prices fell sharply from $1.22 to $43.55 a barrel as a result of the uncertainty of being expelled to the market by Saudi oil minister.

However, the rebound in oil prices has not changed. Recently, a series of production interruptions worldwide have led to a partial output withdrawing from the crude oil market. Meanwhile, the US crude oil inventories unexpectedly dropped, and its domestic crude oil output decreased for ninth consecutive weeks, thus providing support for oil prices.

On the 10-12 th of May, the US oil rose 3.26 US dollars to 46.7 US dollars per barrel, the highest in six months (since November 3rd last year).

Although the crude oil "frozen production agreement" has not yet been reached, Saudi Arabia, Russia and other major oil producing countries have reached a high level of crude oil production, with limited growth in the late period.

The peak demand for gasoline in the US is coming. The growth of crude oil demand will ease the pressure on stocks, the supply and demand pattern of crude oil is improving, and the strong trend of crude oil will continue.

In April, domestic PTA supply and demand was tight, plus capital push up, PTA spot price rose 5.5%.

In early May, international crude oil and Asian PX fell, dragging down the price of PTA.

As of 12 days, PTA spot price fell 280 yuan (-5.75%) to 4590 yuan / ton.

The PTA processing fee has dropped from 800 yuan / ton at the end of April to the current level of 600 yuan / ton.

From the supply side, in April, the PTA overhaul device was more, the monthly average load was about 64%. In May, a 1 million 100 thousand ton PTA production line in Jiangyin was restarted, the load operation was near 5-6, and another 1 million 100 thousand ton PTA new production line was running near 8. The overall load of the PTA device increased to about 68%, and the market supply is relatively loose at present.

But later, there are three houses, Zhuhai BP, Yisheng and other large plant PTA device repair plan, device load or down again.

From the demand side, the domestic polyester load in April was around 80%, at a relatively high level. Up to now, the polyester load has not changed much, but the overall strength of the polyester plant has been greatly reduced since last month.

In the short term, the supply and demand side of PTA is relatively balanced, the crude oil trend is strong, the cost side has support, the low price of the internal market is acceptable, and the price of PTA continues to be limited.

As the load of downstream polyester and terminal weaving decreases from high season to low, PTA supply and demand side will enter the inventory accumulation period in mid 5.

Raw materials weak shocks, polyester chip prices fell slightly, the overall weight dropped by 200 yuan to 6100-6150 yuan / ton cash down.

Downstream replenishment is mainly based on demand, and most of them are small bills near 100 tons.

Recently, due to the relatively strong slice price and raw materials, the semi - chip cash flow is hard to get better. At present, it is at the edge of profit and loss.

When the off-season is coming, polyester gauze is slowing down.

Gradually entering the off-season, polyester gauze sales are slowing down, and prices are steadily dropping.

The price of pure polyester yarn is basically stable, the price of individual varieties has been reduced slightly, sales have remained calm, and 32S and 45S trading volume has picked up slightly.

Sheng Zechun polyester yarn inquiry sale is acceptable, 32S mainstream offer 11200 yuan / ton up and down, 45S mainstream quotation 12100 yuan / ton nearby.

Shandong Changyi market pure polyester yarn quoted price stability, grey fabric inventory increased, domestic sales slightly weak, the original white quality excellent yarn 32S mainstream offer 13000-13200 yuan / ton short delivery.

The sale of polyester cotton cloth has been obviously blocked, but the trade volume of polyester cotton yarn has increased.

Polyester cotton manufacturers feel pressure is increasing, some textile enterprises stock rebounded.

The sales pressure of grey fabric has already affected the sale of polyester cotton yarn.

In May 12th, the average price of pure polyester yarn 32S market decreased by 30 yuan to 11170 yuan / ton, and the average price of T65/C3545S market remained stable at 17080 yuan / ton.

Representative variety T65/C3545x45110x7663 "polyester and fine" price has dropped by 0.001 yuan to 4.446 yuan / meter.