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    In May, The Chemical Fiber Market Is Weakening, And The Future Price Market Will Continue To Be Depressed.

    2017/5/14 13:39:00 31

    Chemical Fiber MarketTextile Raw MaterialsMarket Quotation

    Nylon industry in April the most obvious decline, nylon manufacturers cut 2000-3000 yuan / ton, as of 30, the nylon DTY (70D/24F) current market average price of 20233 yuan / ton, the chain fell 12.72%, an increase of 16.40% over the same period. With the increase in the load of caprolactam, the supply of raw materials in the field is more abundant, and Sinopec's listing price has been continuously reduced to 13000 yuan / ton. And the downstream plate is very cold, with the consumption of inventory as the main factor, the actual turnover is very few. Dong Huaying thought that nylon was falling all the way in April, and the atmosphere was surrounded by bad atmosphere. At present, the price of raw materials is not stable, there is no sign of rebound, and the downstream market is very cold. There are few actual spanactions. It is expected that the nylon market will remain weak in the near future, and the price recovery is unlikely. It is expected that mid May or opportunity to rebound will need to be closely related to upstream and downstream demand.



       Fundamental stalemate PTA Will maintain a weak trend

    In April, the price of PTA also shifted downward. As of 30, the average price of PTA spot market was 4828 yuan / ton, down 2.11%, down 2.38% compared to the same period. In the first half of the month, the PTA\PX device overhaul and the downstream terminal textile centralized concussion shock after the Qingming vacation were the main ones. But in the second half of the month, the domestic overall commodity atmosphere weakened significantly, and with the gradual opening of the PTA maintenance device, crude oil was weak, naphtha and PX were dragged down by the cost side, while downstream production and sales dropped, and a lot of negative factors superimposed, resulting in a sharp decline in prices. In April, the 25 day hit the lowest point in the year. Xia Ting, a business analyst, believes that the continuous low processing fee will enhance the factory maintenance intention. The PTA 5 month -6 month overhaul is more. In May, the domestic PTA plan overhaul capacity totaled 4 million 100 thousand tons, accounting for about 10% of the total capacity. At the same time, the PTA phased inventory efforts increased. According to the PTA's current maintenance plan, it is expected to go to stock 200 thousand tons. Upstream PX expects the supply of PX in Asia will remain low in May, and the downward trend in prices is expected to be limited. However, under the influence of high polyester stocks in the lower reaches, there is little willingness to receive goods. Market sentiment Still relatively empty. Meanwhile, the overall market climate of domestic commodities is relatively weak. In the face of fundamental stalemate, on the whole, it is expected that PTA prices will continue to remain weak in May.

    Demand from strong weakened acrylonitrile first rises and then falls in April.

    In April, acrylonitrile prices rose first and then fell, and the overall price narrowed down to April 30th. The main price quoted in the domestic acrylonitrile market was 12480 yuan / ton, 0.95% lower than the beginning of the month, up 50.23% from the same period last year. Within the month, acrylonitrile manufacturers are cautious in making sales and selling at moderate prices. There are relatively few sources of goods in the field, of which the downstream contract customers of the Secco and Sibon acrylonitrile supply are mainly, and there are no surplus sources available for sale. The supply of upstream propylene increased, and the supply of goods increased considerably. In April, the price center of gravity dropped significantly. By the end of April 28th, the mainstream price of propylene in Shandong was 6600-6650 yuan / ton, a decrease of 6.36% in the ring ratio. In addition, the lack of downstream enthusiasm for its purchase, and the importance of going to stock has become an important task. The downstream ABS and acrylic fiber industry started to decline earlier than before, and the support for raw materials market weakened. At the same time, the terminal market was affected by environmental protection inspection, and its performance gradually declined. According to the price monitoring of business associations, the mainstream price of 1.5D acrylic fiber staple in April 30th was 15991 yuan / ton, up 2.02% from the beginning of the month, up 27.35% compared with the same period last year. The inventory of acrylonitrile industry continued to increase. And raw material market quotation is not strong enough, environmental protection inspection is very big for downstream and terminal market, and terminal market demand for raw materials directly reduced significantly. To sum up, it is estimated that in May acrylonitrile The market will fall first and then rise, which will be limited. We must pay close attention to the changes of market and supply and demand.

    Cost support April spandex first and then steady

    As of April 30th, the spandex market of 40D was quoted at 38550 yuan / ton, up 3.63% from the beginning of the month, up 18.98% compared with the same period last year. After the Qingming Festival, manufacturers increased their quotations by 1000-1500 yuan / ton, and some individual varieties were raised by 2000 yuan / ton. The low price goods supply in the field was relatively reduced, but the downstream performance was general and the follow-up speed was slow. Subsequently, the spandex market has entered a smooth operation, with the support of the cost side, and the manufacturers' quotations basically remain unchanged. The upper PTMEG market price is high, and the main manufacturers are sticking to the operation. The main market quotation is 16000-17000 yuan / ton, and the industry's upward trend remains unchanged, and the PTMEG market trend is cautiously optimistic. Customers in the downstream market are not in high spirits, but the turnover is weak. But the starting mood is relatively stable. The overall operation of the circular machine market in Changshu has been maintained at around 5. The overall level of the warp knitting Market in Haining has been maintained at 6-7. The overall load of the warp knitting Market in Fujian has been maintained at 7-8 level. The overall operation of the circular machine market in Zhangjiagang has been maintained at around 5. In terms of cost, the PTMEG market has been maintained at a high level. The main manufacturers in the market remain strong in the market. The market outlook is still bullish. In terms of demand, the domestic spandex market has not seen any significant improvement, and the order tracking speed is slow. It is expected that the price of spandex market will rise again in the short term.

    Demand side affects viscose first and then steady in April.

    The market price of viscose staple fiber decreased in April. So far, the market of 1.5D*38mm viscose staple fiber has been quoted at 16060 yuan / ton, a decrease of 5.86% compared with the beginning of the month, up 15.75% from the same period last year. Although there are not many sources of quality short staple, the price is still weak. As of the end of the month, some of Shandong's Xiajin velvet negotiations dropped to around 6100-6200 yuan / ton, and the quality short staple of Xinjiang also dropped to 5500 yuan / ton. The price of cotton pulp is down, and the price of the viscose market is falling. The price of pulp is generally lower than the price. The core of qualified products in East China is about 7600-7800 yuan / ton. Downstream cotton yarn market prices also showed a downward trend, long-term shipments difficult, tight funds, some people cotton yarn sales significantly increased. At present, the viscose staple fiber market has a rather low trading atmosphere. Some manufacturers' early execution of the orders is coming to an end. The pressure of the later shipment is back, and the confidence of the local market is insufficient. The market is still worried about the latter market. If there is no good news, the price is expected to continue to weaken.

    First of all, the market for crude oil is less confident about the yield reduction agreement, and the concern for shale oil production this year is more intense. It is expected that oil prices will still not be effectively supported. In terms of industry, PTA will continue to be subject to continuous low processing fees, which will enhance factory maintenance intention, and increase the intensity of phased inventory. However, the cost side constraint and the PTA's low volatility will be the main factors. Similarly, nylon and viscose, which are also surrounded by the upstream and downstream margins, are expected to show a trend of steady and weak trend. However, under the high cost, the price of spandex market is rising again. Overall, the possibility of falling down in the chemical fiber industry in May is greater, and we need to pay close attention to the changes in the oil market and the supply and demand side.

    For more information, please pay attention to the world clothing shoes and hats and Internet cafes.


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