PTA Market Prices Remain Short In The Short Term.

Polyester chips: domestic polyester chip market narrowed down, at present, upstream polyester raw material market is in a state of shock and weakness, dragging the market of polyester chip, atmosphere of market trading is light, and the lack of favorable support is expected.

Polyester staple fiber: Domestic

Market continued to narrow down, the overall trend of vulnerable consolidation.

The focus of the PTA spot market is declining. The downstream polyester factories are in a wait-and-see mood, and the market lacks supportive support. The market mainly relies on the digestion of stocks. It is expected that the short staple market will continue to be weak in the near future.

Polyester filament: domestic polyester filament market weak finishing.

Polyester filament Market overcapacity, turnover atmosphere is difficult to pull.

Because of the overall downturn in the textile market, the production and marketing of polyester filament market is insufficient, and the market wait-and-see atmosphere is strong.

The recent rise in international crude oil is obvious, but

Strong performance, and in June the Federal Reserve raising interest rates began to rise, the late international crude oil prices there is a risk of callback, will form a certain pressure on the commodity market, it is difficult to form a strong support for the ethylene glycol market.

From the supply side, with the restart of some foreign devices, the late port arrival volume will increase, but the cumulative increase will not be too large. It will be at the level of 62-63 million tons, while the downstream polyester start-up is unlikely to increase, and the performance of the terminal weaving industry is also dull, and the demand side will be further reduced at the end of the month delivery.

International oil prices continue to rebound and turbulence, with the demand for downstream polyester manufacturers gradually fade.

Supply is increasing, and the price of short-term PTA market is still empty.

At present, the domestic polyester filament market is relatively low season, the overall market downturn, the industry more cautious wait and see.

The overall trend of China's economic operation is in line with expectations, but it is difficult to describe with simple concepts such as "open door" and "small spring". It is a comprehensive judgement that China's economic operation is the trend of L. This L type is a stage, not one or two years.

The inventory pressure of manufacturers is large, and the stock level of various manufacturers has increased slightly. The domestic polyester filament market is in a period of low demand. It is expected that the domestic polyester filament market will be dominated by the weak operation in the near future.