Weekly Review Of Raw Materials: Polyester Staple Market Horizontal Finishing

This week, the price of polyester yarn is basically stable, and there is a shortage of salable specifications, and there is a large stock of manufacturers' products. The purchasing demand and purchasing enthusiasm of raw polyester staple are all low.

Hebei's environmental problems have been highlighted, and the printing and dyeing factories have been affected, and the yarn inventory has been downwards conducting.

In terms of supply, the load of polyester staple fiber plant started steadily this week, and the supply of polyester staple in the market was flat compared with last week.

In terms of raw materials, the US crude oil closed in the vicinity of $48 / barrel this week, and in the domestic PTA side, the real-time operating rate rose to 69% at the end of the week (the current capacity base increased to 48 million 840 thousand tons).

The average start-up load of polyester decreased to around 79.8%.

The contradiction between supply and demand is not outstanding, and it is still in a state of difficulty in the short term.

International oil prices were narrow, and polyester raw materials PTA and MEG were higher than last week. However, downstream products were slow to catch up, and their raw materials were stocked with high prices.

Polyester market has support, resistance and overall market narrow adjustment.

Similarly, the lack of paction support, the majority of merchants stable price intention.

Week end, Jiangsu and Zhejiang 1.4D direct spinning polyester staple mainstream offer 7350-7500 yuan / ton factory, basically the same as last week.

The price of polyester products is basically stable, and enquiries are sparsely sold. 32S's mainstream offer is 11800-12000 yuan / ton.

Industry dynamics

In 1 and 2016, the production capacity of polyester staple fiber is 6 million 790 thousand tons.

Among them, 200 thousand tons of Xiangsheng, 200 thousand tons of Far East, and 120 thousand tons of Shanghai Heng Yi are included in the calculation but not at present.

2, Shandong Huahong restarted the direct spinning pet Dacron device in early March. It stopped at the beginning of April and resumed to be determined, which involved 120 thousand tons of capacity.

3. The direct spinning polyester staple equipment in Jiangyin three lane has been reduced by 300 tons / day on the 10 day. Now, its 800 thousand tons direct spinning polyester staple fiber production capacity is running near 85%, and the recovery time is uncertain.

Polyester staple fiber this week

There is little change. Traders and downstream mills are still reluctant to replenish their raw materials.

This week, the mainstream products of polyester staple products went up to 5-9 days, and some of them were slightly higher or higher.

November 2016 Sinopec polyester staple fiber settlement price: 1.4D semi gloss polyester staple fiber 7550 yuan / ton, 1.2D light polyester staple fiber 8150 yuan / ton.

This week, the market price of viscose staple fiber has been dropping well. The price of the cotton yarn market has been lowered at a low price in the early days. The market price center has also risen. The price of Xiaoshan 30S cotton yarn is 19500-19700 yuan / ton.

Affected by the pportation of Xinjiang's air jet spinning, Xiaoshao and Gaomi produced a price of 300-500 yuan / ton.

After siro spinning in Fujian, the inventory dropped sharply, and the quotation also increased by 300-500 yuan / ton, siro spinning 40S to 21500 yuan / ton.

On the whole, the cash flow of polyester staple fiber around Zhou end is around 100 yuan.

The cost is still strong, the polyester staple fiber manufacturer's mindset is not decreasing, but the downstream demand continues to be weak, the manufacturer Ku Cunsheng is high, the price rise resistance is bigger, the short time game, the market change is still strong.

Concerned about the situation of oil price, PTA futures, polyester manufacturers and downstream yarn manufacturers.