PTA Rise To Cost Support For Polyester Market

At the end of the G20 summit, the operation of polyester and downstream devices in the Zhejiang direction has been resumed. Demand for support and other factors has led to a rise in PTA prices.

PTA is rising to the cost of polyester market support, and the direction of the yarn manufacturers in Zhejiang due to the G20 summit stop has been resumed. The demand for the latter has just been raised slightly. So though the short-term demand market has not improved, the polyester staple fiber is still hard to fall.

Slightly higher, ready to stock!

Compared with the previous period of polyester boom,

The recent market is neither too hot nor too bad.

The price of polyester staple in September 12th was slightly weaker. At present, 1.4D*38mm's PET staple is quoted at 7003 yuan / ton, down 0.16% from the previous day, down 2.13% from the same period last year.

From the quotation, we can see that the recent market has been going downhill, many textile people began to guess whether the market of polyester has returned to the price of 6200 yuan / ton. We believe that the short and short market trend has a slight weakening trend in the short term, but the overall probability of the increase is greater.

The staple fiber staple market has a steady market quotation. 1.4D direct spinning polyester and short newspaper has been sold at 6900-7100 yuan / ton.

The staple fiber staple market in Fujian is stable, 1.4D direct spinning, polyester short mainstream newspaper 6750-6850 yuan / ton short delivery, real single negotiation concessions, general trading atmosphere.

Shandong District polyester staple fiber market quotation stable, 1.4D direct spinning polyester staple in 6850-7000 yuan / ton to the province, the actual business talks, early downstream inquiry flat.

Recently, polyester staple market has been dominated by horizontal plate finishing. The G20 summit ended, and the polyester fiber manufacturers in Zhejiang started to resume. However, the production capacity of G20 in the early stage of PET staple market was relatively small, and the supply effect was not obvious. The volume of market volume did not recover after the shipment intention of manufacturers.

At present, Jiangsu and Zhejiang 1.4D direct spinning polyester short mainstream newspaper 6900-7100 factory, downstream manufacturers inquiry is not much, only a single view.

Fujian polyester short market consolidation mainly, 1.4D direct spinning polyester short mainstream newspaper 6750-6850 yuan / ton short delivery, real single negotiation still room, at present the inquiry atmosphere is general.

The market in Shandong and Hebei is still flat. 1.4D direct spinning polyester short mainstream newspaper is delivered to 6850-7100 yuan / ton in the province. The actual negotiation is slightly lower and the trading activity is general.

Downstream, polyester yarn market products offer stable, sporadic specifications shipments slightly better than before, the Shengze market 32S pure polyester yarn mainstream newspaper 11400 yuan / ton up and down, 45s mainstream quotation of 12500 yuan / ton, enquiry trading atmosphere relatively small rise.

Shandong Changyi market pure polyester yarn continues to be stable, shipments vary little, the original white yarn excellent yarn 32S mainstream offer 12000-13000 yuan / ton short delivery, a small amount of high price 13500 yuan / ton.