Upstream Raw Material Goes Down And Polyester Filament Runs Weak.

PTA market was weakened by international oil prices and domestic operating rate, resulting in lower PTA prices this week and the rise of polyester filament was blocked.

The polyester plant is relatively stable, and the supply and demand of polyester factories are tight.

With the increase of supply in PTA market and low price, polyester filament is getting weak. It is expected that polyester filament will run weak next week.

The mainstream factories in Jiangsu and Zhejiang provinces reported 7200-7500 yuan / ton of polyester POY150D/48F, the average price was 7408.75 yuan yuan / ton, 0.44% higher than the beginning of the week; DTY150D/48F (low elastic) reported 9000-9200 yuan / ton, the average price was 9091.11 yuan / ton, lower than the beginning of the week -0.12%; FDY150D/96F reported 7860-8100 yuan / ton, the average price was 7952.86 yuan yuan / ton, compared with the beginning of the week.

The upstream PTA spot market is weakening.

The rise was good, the start rate was up 2.44% last week. This week, the crude oil market fell to the PTA market continuously, and the current market fell sharply.

The market of polyester filament goes upward, and the atmosphere in the field is lively. The spot market is very active.

Downstream polyester starts stable, production and marketing smoothly.

As of November 4th,

The mainstream price of the PTA market was concentrated at 4700-4720 yuan / ton, down 2.32% from the beginning of the week, down 0.46% from the same period last year. The average price of the domestic glycol market was 5808 yuan / ton, up 4.75 percentage points from the beginning of the week, up 11.70% over the same period last year.

The production and marketing situation of the downstream textile industry is stable, and the comprehensive utilization rate of the Jiangsu and Zhejiang looms is stable at 84%.