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    Raw Material Market: Polyester And Short Continues To Weaken, Downstream Procurement Is Not Good.

    2017/3/9 10:50:00 35

    PolyesterShort QuotationRaw Material Market

    This week, polyester staple fiber prices continue downward trend.

    International oil prices have loosened, polyester raw materials continue to decline, polyester market is expected to dominate, and manufacturers' offer continues to fall.

    The same is true for polyester staple fiber, but there are continuous promotional activities under the manufacturer's stock. However, the downstream yarn is in the off-season, and the purchasing intention and purchase demand are not good before the raw polyester staple fiber is not clear.

    The mainstream price of Zhou Zhi Jiang Zhejiang 1.4D direct spinning polyester staple is 8450-8700 yuan / ton, which is down 200 yuan / ton compared with last week.

    The price of polyester yarn also declined, and enquiry sales were poor. 32S's mainstream offer was 13100-13200 yuan / ton.

    This week, the price of short staple has been stable. Due to the convening of the two sessions, the operation of the North Grain and oil factory and the refined cotton plant were affected to varying degrees.

    The price is temporarily stable, Xiajin velvet keeps 6400-6500 yuan tons, and Xinjiang long velvet is 5600-5800 yuan / ton.

    In 1 and 2017, the production capacity of polyester staple fiber is 6 million 790 thousand tons.

    Among them, 200 thousand tons of Xiangsheng and 200 thousand tons of Far East are used to calculate the capacity but not at present.

    Shanghai

    Heng Yi 120 thousand tons, the rest of the non start-up device is not counted in the production capacity.

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

    3, three Lane Lane during the Spring Festival repair of direct spun polyester staple fiber 400 thousand tons of capacity, of which 200 thousand tons are restarted this week.

    PET staple prices continued to weaken this week, and traders and downstream yarn manufacturers had poor purchasing needs and purchasing intentions.

    Polyester staple fiber manufacturer's inventory continues to rise, mainstream manufacturers inventory 9-15 days, part of the high heard.

    Sinopec direct spinning this week

    Psf

    Guide quote: 1.4D semi gloss polyester staple fiber 8950 yuan / ton, 1.2D light polyester staple fiber 9600 yuan / ton.

    In terms of raw materials, the US crude oil closed down near $52-53 / barrel this week. In the domestic PTA side, the real-time operating rate of the week end was 72.1% (the capacity base increased to 48 million 840 thousand tons).

    The average start-up load of polyester is around 82.4%.

    Although the polyester load in the latter stage still has room for improvement, after all, the inventory of PTA is still dropping slowly. After that, we need to guard against the contradiction after the accumulation of PTA inventory. MEG lacks capital injection and needs to be vigilant in the later stage.

    Demand side, polyester yarn prices this week along with polyester staple prices weakened, enquiry trading atmosphere is not good.

    The "no buy down" mentality will continue to support the raw material procurement of yarn manufacturers, but at present, its raw material reserves have already been consumed more frequently and will be replenished later or later.

    On the supply side, 200 thousand tons of polyester staple fibers are available on Wednesday.

    device

    After the restart, polyester staple fiber supply is increasing. Next week, polyester staple fiber will be supplied or maintained stable next week.

    On the whole, the cash flow of polyester staple fiber at week end is 400.

    Polyester staple fiber cash flow is still at a high level, but at present, polyester staple fiber manufacturers have a large stock of stocks, lack of demand support, and upstream is not favorable. Next week, polyester staple fiber will continue to weaken.

    Concerned about oil prices, PTA futures, MEG electronic disk, downstream yarn manufacturers orders and so on.

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


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