The Supply And Demand Of Raw Materials Are Well Supported, And The Polyester Staple Fiber Has Not Changed Much.

Polyester staple is slightly upward this week.

At the beginning of the week, the polyester was stable and the polyester staple fiber changed little. On Tuesday, because of the strong trend of PTA futures, the MEG electronic disk was once trading, the polyester staple fiber trend was up, and the price was raised by 100 yuan. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester staple was quoted at 7500-7800 yuan / ton, and the turnover was 7500-7700 yuan / ton.

In the second half of the week, the US dollar interest rate increased the negative impact of the US dollar and EIA stock data. Raw materials showed weakness, polyester staple fiber returned to the wait-and-see trend, and downstream enquiries were relatively dull.

As of Friday, Jiangsu and Zhejiang 1.4D direct spun polyester staple was trading at a price of 7450-7600 yuan / ton relative to the mainstream, slightly higher than 7650-7700 yuan per ton.

This week

Prices rose slightly, 32S mainstream offer 11400-11500 yuan / ton up and down, the overall turnover was flat.

Industry dynamics

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

Among them, 200 thousand tons of Xiangsheng, 20 tons of Far East and 120 thousand tons of Shanghai Heng Yi are not included in the capacity calculation, but the remaining uninstalled devices are temporarily not included in the capacity.

2, this week's Sinopec direct spinning polyester staple guide price: 1.4D half light week initial report 7950 yuan / ton, mid week raised 50 yuan reported 8000 yuan / ton, 1.2D gloss reported 8750 yuan / ton.

3, the raw material trend is strong in the beginning of this week, the overall trading atmosphere of polyester staple is still good, the replenishment of traders and cotton mills is slightly increased, and the return in the second half of the week is dull.

Polyester staple products factory inventory slightly reduced, mainstream manufacturers product inventory for 17-21 days, some slightly higher or lower.

This week, the price of short staple is generally stable. After the previous overfall, the price has risen slightly.

Shandong Xiajin velvet price of 4800-4900 yuan / ton, Xinjiang filament grade quality

4200-4300 yuan / ton.

Cotton pulp showed calm, and downstream negotiations also maintained more than 7000 yuan / ton in the early stage.

The domestic dissolving pulp Huatai and sun have introduced the overhaul plan. After that, the price of viscose staple fiber has stabilized steadily, the pulp price has remained stable, the pulp factory has been more firm, the broadleaf negotiation has been around the mainstream of 7000 yuan / ton, the individual is below 7000 yuan / ton, and the needle leaf negotiation is 7100-7200 yuan / ton.

The mentality is stable, and the pulp price is more stable. It is expected that some new quotations will be introduced next week.

Raw materials, crude oil prices fell below 45 U.S. dollars / barrel, in the short term no good news or difficult to return to more than 45 U.S. dollars; PTA supply and demand is still tight, while the oil price decline is still strong at the same time, the overall trend consolidation; MEG is still finishing.

Week end PTA real time operation rate of 70.4% (now capacity base 48 million 840 thousand tons), polyester start-up load average of 83.8%.

Demand side, polyester staple fiber trading atmosphere slightly improved, but downstream manufacturers are still cautious about replenishment, or need raw materials once again strong enough to be able to focus on replenishment.

On the supply side, the manufacturers started to stabilize in the near future, and some production and marketing were slightly higher, which helped the inventory decrease slightly.

In late June, polyester entered the traditional loan repayment period. If the market continued to be stalemate in the latter stage, local or low price shipments would occur.

On the whole, oil prices are still empty in the near future.

The supply and demand side is well supported, with the replenishment of the downstream part increasing, and the polyester staple fiber turnover slightly improved.

Later, we should pay attention to changes in oil prices, after PX price trend, and downstream yarn manufacturers orders.

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