Polyester Staple Prices Fell Slightly

Upstream PTA

Weak stability, cost support is insufficient, and the downstream polyester yarn market is weak, inquiry atmosphere is lighter, spot trading is deserted.

It is expected that PET staple will remain weak and stable next week.

The price of polyester staple fell slightly last week.

Up to now, 1.4D*38mm's PET staple has been quoted at 6936 yuan / ton, down 0.16% from the beginning of the week, down 2.60% from the same period last year.

Polyester market continued stable, polyester staple mainstream manufacturers arranged to wait and see, prices fell sporadically.

Jiangsu and Zhejiang 1.4D direct spinning polyester short newspaper 6700-6850 yuan / ton factory, real single paction concessions still exist.

Fujian polyester short market quotation is slightly flat, 1.4D direct spinning polyester short mainstream newspaper 6750-6850 yuan / ton short delivery, volume more turnover slightly discount.

Shandong,

The short quotation is stable, 1.4D direct spinning polyester short mainstream newspaper 6800-6950 yuan / ton to the province, the actual paction is weak, the purchase intention is not strong.

The market as a whole looks dull, with little confidence in the market.

The upstream PTA spot market is weak and stable.

The market was quoted at 4643 yuan / ton, down 0.04% from the beginning of the week.

Downstream polyester yarn prices fell slightly, Shengze market pure polyester yarn price loosened obviously, major mainstream factories were affected by G20 stop factory inventory accumulation, seeking shipping psychology gradually.

Up to now, 32S's mainstream offer price of 11200 yuan / ton, down 200 yuan / ton compared with the beginning of the week.

Qian Qing market pure polyester yarn quotation is generally cautious and concentrated. Up to now, the mainstream 32S quoted 11550 yuan / ton, 50 yuan lower than the beginning of the week.

Shandong Changyi market pure polyester yarn quotation temporarily stable, 32S mainstream offer 12000-13000 yuan / ton short delivery, a small amount of high price 13500 yuan / ton.