Viscose Staple Fiber Prices Stabilized, Polyester Filament Or Will Weaken

The PTA spot market of polyester filament showed a downward trend. When the 700 thousand tons / year PTA plant of Ya Dong petrochemical in Shanghai stopped in May 31st due to malfunction, the operation rate of PTA device decreased by 2.73% to 63.20%.

The extended period of crude oil production within the week was only 9 months to the disappointment of the market. Meanwhile, Libya's output increased, the market became bearish and the crude oil market went down sharply. PTA dragged down from the cost side.

The market of polyester filament goes up and down in the glycol market. After a period of pull-up in the previous period, the market is slightly dull.

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The factory started relatively stable, the operating rate was stable at around 85%, and the comprehensive utilization rate of Jiangsu and Zhejiang looms was maintained to 80%.

Although the US crude oil market entered the peak season, crude oil inventories continued to decline, but the US crude oil output continued to grow. At the same time, the deadline for oil production reduction was not up to market expectations, and Nigeria and Libya were exempted, resulting in a fall in oil prices and lower PTA prices.

Recently, domestic PTA profits have declined.

Willingness and delayed restart will increase, PTA will enter a new round of destocking stage, to a certain extent to alleviate the downtrend, but the domestic downstream off-season gradually shows that the terminal support is weak. It is expected that next week PTA and polyester filament will weaken. The price of PTA will be around 20 yuan / ton, and the polyester filament price will decrease by 30 yuan / ton.

The performance is light. The main cotton pulp negotiable price in East China is more than 7000 yuan / ton or slightly higher.

The dissolving atmosphere of domestic dissolving pulp is sparse, and some broadleaf pulp has been negotiated for 7100 yuan / ton at the end of the month. The needle leaf arrived at a turnover of 7200-7300 yuan / ton.

The overall volume of shipments near the pulp mill is not large, and the crescent quotation is partly introduced by the pulp factory.

The overall disagreement of the external dissolving pulp also showed a stalemate. The Concord intention of the conifers was generally only $900 / ton, or even below, and the broadleaf dissolving pulp was negotiated near the US $820-830 / ton.

After the Dragon Boat Festival, a small holiday before the focus of the need for stocking, the viscose staple fiber prices stabilized this week, viscose factory to alleviate some of the inventory pressure, the mentality is also more peaceful, this week more active completion of pre orders, the previous extension policy is also generally banned.

The middle end is 14700-14800 yuan / ton, and the high-end is 15000-15300 yuan / ton.

The price of human cotton yarn is stable and weak. This week, the volume of vortex spinning and siro spinning improved slightly. The 40S of siro spinning cotton yarn was around 20500 yuan / ton, and the price of ring spinning 30S was 19000-19200 yuan / ton.

Viscose staple fiber prices fell, entered the platform rest period, is expected next week will continue to stabilize the main.

The recent textile enterprises spinning conventional yarn orders are still available, but downstream into the off-season, textile enterprises have to cut prices to attract orders.

At present, textile enterprises are facing high prices of raw materials, weak demand for downstream market, obvious compression of profits and obvious pressure increase.

During the week, Zheng cotton slipped and the downstream went into the traditional off-season with weak demand, resulting in the weak spot price of domestic cotton.

The downstream cotton yarn market is in the doldrums, and is in a dilemma between upstream raw materials and downstream demand.

On the whole, the market is in short supply, Zheng cotton is down, and the spot market is in a slump. It is expected that the cotton futures market will remain stable and weak next week.

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