PTA Market Temperature Gradually Reduced And Prices Stabilized.

The upstream PTA spot market of polyester filament shows a steady trend. The temperature of the PTA market driven by the rising oil price is gradually decreasing, the price tends to be stable and the operating rate is stable.

This week, the Fed raised interest rates, the US dollar index rose strongly, and the international oil price slump dragged the PTA spot market, but it was affected by the domestic market.

The spot will remain stable and maintain high volatility.

During the week, the polyester filament market showed a trend of rising, raw material prices increased and cost pressure appeared.

Polyester glycol market continued upward. Pet market followed the commodity futures market sharply this week. Most chemical products rose. At the beginning of the week, the electronic disk was once closed. The spot price of ethylene glycol followed the rise. The trading atmosphere was active, the market turnover was better, and the weekend rally was slowing down.

downstream

Device load remained at around 80%, and midweek sales rose to more than 120%, and weekend callback to 80%-90%.

The PTA market was fed by the Federal Reserve, the US dollar index rose strongly, the international oil price fell, and the domestic market supply was tight. This week, the PTA price stabilized. The polyester filament was pmitted by the cost of raw materials while the inventory remained low, and the price kept rising.

The downstream polyester plant has been operating steadily and the loom operating rate has remained high. The stock level of polyester plant is still low.

Zhuhai BP and Yizheng chemical fiber PTA device have been restarted recently.

The PTA platform is basically stable at 66%-70% level next week, and the market supply is tight. It has a certain support for the PTA price. The polyester filament is lined up by downstream manufacturers. The overall inventory is down again. It is expected that the polyester filament will be stable and strong in the next week.

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Last week, pure cotton yarn prices were stable, partial quotes were slightly increased by cost, customers were hard to accept, the overall goods were not good, regular C32S and C40S were still relatively smooth.

At present, the overall inventory of manufacturers is about 10-15 days, and the negative load has dropped to about 65%. Some manufacturers have been cut down due to poor sales, and the most terminal printing and dyeing sector has been affected by environmental protection and strict control.

Grey cloth / fabric: pure cotton cloth sales volume is generally, the overall price basically maintained stable, slight rise and fall, manufacturers reflect the gradual reduction of orders, started to float slightly down, an average of about 65%, the overall lack of confidence in the market, mainly due to the financial pressure at the end of the year, followed by recent environmental control in various areas, resulting in some printing and dyeing manufacturers lighten the burden and reduce the receipt, gray cloth downstream conduction blocked.

Shandong C 21x21 108x58 63 "Khaki quoted 7.30 yuan / m, up 0.10 yuan / m compared with last week.

Sichuan C 40x40 133x72 63 "poplin quotes 6.80 yuan / meter, unchanged from last week.

Driven by the rise of pure polyester yarn, the price of polyester cotton cloth has increased slightly. A T65/JC35 45x45 110x76 63 in Shandong has quoted a price of 5.10 yuan / rice, and a factory in Hubei has quoted 5.20 yuan / meter, which is 0.10 yuan higher than last week.

For more information, please pay attention to the world clothing shoes and hats net report.