Polyester Filament Prices Will Stabilize, And Acrylonitrile Prices Will Fall Slightly.
The PTA spot market of polyester filament is showing a downward trend. When the 2 million tons / year PTA unit of Zhou Han Bang Petrochemical Company overhauled, the start-up rate of PTA plant decreased by 3.15% to 64.94%.
Crude oil production in the oil producing countries rose during the week, and the global oversupply of crude oil was expected to be stronger. The decline in crude oil caused PTA prices to weaken.
The market of polyester filament is stable, the purchase is cautious during the week, the business mentality is hesitant and the price is stable.
During the week, the polyester plant started relatively stable, the operating rate was stable at around 86.5%, and the integrated operation rate of Jiangsu and Zhejiang looms was stable at 76%.
The global oversupply of crude oil is expected to be obvious, resulting in lower oil prices.
PTA
Price decline, polyester filament by downstream demand to boost the price warmer.
Although the PTA device is restarted next week, the PTA is still in the inventory stage, and the supply and demand will still maintain the current tight balance pattern, supporting the PTA market price in the aspect of the PTA device.
On the cost side, the crude oil market is affected by the increase in oil production, and the price is expected to go down. However, the continuous decline of crude oil does not exclude the possibility of a callback. It is expected that PTA and polyester filament will be stable next week.
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acrylonitrile
There is a slight downward trend, and there are no more goods holding pressures at present. However, the supply of acrylonitrile in East China is high and the quotations are suppressed.
Generally speaking, the load in eastern China is good, and the demand side is dominated by wait and see. Most buyers are cautious.
Many businesses cut their quotations according to the market trend, and the psychology of taking goods is highlighted.
According to price monitoring, a distributor of acrylonitrile in Ji'nan now reports 11600 yuan / ton, and a dealer in Anqing quotes 11500 yuan / ton.
From the upstream market, the domestic propylene rose slightly after this week.
Propylene market is weak, and market prices are declining.
The momentum of increasing production is obvious, OPEC production is expected to decrease, the market confidence has been hit hard, and international oil prices have fallen continuously.
Downstream polypropylene powder needs propylene cold, purchase on demand, and keep stock carefully.
Inventory pressure
Constantly increasing.
The downstream acrylic fiber market in the continuous extrusion of the industrial chain under the major price quotation, businesses cut more than 1000 yuan / ton, according to price monitoring, as of June 23rd, 1.5D*38mm acrylic staple price quoted at 15441 yuan / ton, compared with the beginning of the week price cut 1.07%.
By the cost of viscose rising support, Zhou's cotton yarn market prices generally rose.
The quotations of manufacturers have increased by about 400-500 yuan / ton. Up to now, the 30S market of the ring spinning market has been quoted mainly to 19400-19500 yuan / ton, and the low price of 19000 yuan / ton in the initial stage has generally disappeared.
The mainstream quotation of siro spinning 40S market has been raised to 20600-21000 yuan / ton.
The price of core spun yarn has risen by 500 yuan / ton, and the price of imitation rabbit hair has been raised to 24500 yuan / ton.
Downstream affected by the rise in the market, the purchasing enthusiasm has been raised earlier than usual, and the main reason is to maintain the normal demand for replenishment.
Upstream viscose staple market prices continue to be stable and upward trend, downstream raw material inventory of cotton mill basically digestion, concentrated just need to replenish the situation, viscose manufacturers have raised the offer.
At the beginning of the week, manufacturers generally had an increase of 100 yuan / ton, and then the real single paction was followed up.
Up to now, the high-end mainstream offer has been strong at 15500 yuan / ton, and the focus of the firm has also been as high as 15400 yuan / ton. Because of the good domestic sales situation of manufacturers, most of them are actively completing the previous orders, and the supply of goods is tight.
And the general quotation at the middle end is also 15000-15100 yuan / ton, and the focus is 14900-15000 yuan / ton.
As the market continues to rise steadily in the near future, the downstream needs to maintain normal normal demand.
Purchasing enthusiasm has been improved.
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