Polyester Yarn Costs Support Stable Acrylonitrile Prices Down Significantly

According to the data of China Cotton Association logistics branch, the total cotton business inventory in the end of March is still nearly 2 million 30 thousand tons. In terms of figures, the market cotton resources are still abundant, but the market reflects the relative tension of high-grade cotton resources and the price is relatively strong.

The cost is short and the price is stable, and the polyester yarn Market in the week is also stable and wait-and-see.

Shandong Changyi market pure polyester yarn exchange dull, manufacturers offer stability, the original white quality excellent yarn 32S reported 13200-14500 short sent, pure black yarn 32S reported 12800 short sent.

Shengze market pure polyester yarn market is still stable finishing, the mainstream offer stable, 32S mainstream newspaper 11700 yuan / ton up and down, 45s quoted price 12700 yuan / ton, the general trading.

The price of raw materials PTA has dropped, and the polyester market has been stable and small.

Jiangsu and Zhejiang 1.4D direct spinning polyester short mainstream newspaper 7750-7900 yuan / ton factory, there is a certain discount.

Shandong, Hebei, polyester and short market sideways wait-and-see, 1.4D direct spinning polyester short mainstream is still in the 7700-7750 yuan / ton province to deliver, talk about the paction discount talks mainly, recent pactions generally.

The Fujian polyester market has been leveled up, the mainstream manufacturers offer more, 1.4D direct spinning, polyester short mainstream newspaper 7600-7750 yuan / ton short delivery, negotiations exist concessions, the current inquiry generally.

Polyester staple fiber narrow finishing, cost surface support is relatively stable, downstream user enquiry light, demand side has not improved significantly, the market is flat, it is expected that polyester yarn market prices will continue to stabilize in a short period of time.

Within the week, acrylonitrile market was narrowly arranged and the price dropped slightly.

Manufacturers are very aware of price awareness, business reduction occurs, manufacturers are not consistent in the direction of price adjustment, the market outlook highlighted.

At present, manufacturers' quotations are of little reference significance, and the space of actual business negotiation is expanding.

The enquiry atmosphere in the circulation area is light, and there are few pactions heard in the market.

A distributor of acrylonitrile in Ji'nan is currently reporting 12400 yuan / ton, 200 yuan lower than the price at the beginning of the week, and a distributor in Anqing is currently reporting 12800 yuan / ton, unchanged from the beginning of the week.

Most businesses offer flexible quotes, and follow the market trend to adjust in time.

The upper reaches of propylene market this week showed a slump decline, bad market mentality.

As of April 20th, the mainstream market of propylene in Shandong was quoted at 6200-6300 yuan / ton, a decrease of 9.12%.

The contradiction between supply and demand has deteriorated further. Due to the impact of environmental protection inspection, the downstream polypropylene spot operation is weak; some factories of propylene oxide reduce load production and purchase more on demand.

Main downstream ABS and

The demand for raw materials has been reduced to varying degrees. Some small factories have been affected by environmental supervision to stop and rectify.

According to the price monitoring of business associations, the average price of 1.5D*38mm acrylic fiber composite is 16058 yuan / ton, up 1.05% from the beginning of the week, up 27.88% from the same period last year.

Dong Huaying believes that the current acrylonitrile market is in a weak period, and the late warning is bad.

Although there is no obvious adjustment in market prices, contradictions in the direction of price adjustment will inevitably affect the market trend.

At present, the propylene market is in a downward trend, and acrylic fiber has also lowered its load during the same period. Due to the impact of environmental protection inspection, the trade in the field is relatively deserted.

It is expected that short-term acrylonitrile market will continue to decline, and we still need to pay close attention to upstream dynamics and downstream demand.

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