PTA And Polyester Filament Stability As The Main Source Of Viscose Purchasing Enthusiasm

Last week, pure cotton yarn continued to be stable and weak trend. C32S remained relatively flexible, and air spinning class was relatively good.

Pure polyester yarn trading atmosphere is generally stable, T45S trading volume is acceptable, T50S goods are not smooth.

Affected by the rising price of viscose, the price of cotton yarn also showed a slight rise, which was better than that of R30S.

Polyester cotton yarn volume generally, prices remain stable.

Polyester and viscose yarn 32S/2 pactions increased slightly, the price is basically stable.

At present, the stock of cotton mill has been increasing step by step, mostly in about 20-25 days, the construction has maintained high level, and the follow-up of new orders in the late stage is not good enough.

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.

The mainstream price of PTA market in East China is concentrated at 4750-4780 yuan / ton, 1.20% lower than the beginning of the week, up 1.84% compared with the same period last year. The domestic average market price of ethylene glycol is 6843 yuan / ton, which is flat compared with the beginning of the week, rising 34.94% year on year.

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%.

Analysts believe that the global oversupply of crude oil is expected to be obvious, resulting in lower oil prices and falling PTA prices. Polyester filament is boosted by downstream demand.

PTA device, although next week BP device restart, but PTA is still in the inventory stage, supply and demand still maintain the current tight balance pattern, support.

Market price.

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.

Viscose overall good next week or continue to rally

Viscose staple fiber market prices continue to stabilize upward trend this week, downstream raw materials of the cotton mill

After the basic digestion has been completed and concentrated on just needed replenishment, viscose manufacturers have raised their quotations.

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.

During the week, the price of the upper lint rose slightly, and some of the higher quality cashmere in Shandong area was quoted to 4900-5000 yuan / ton, and Xinjiang quality short staple was quoted to 4400 yuan / ton.

The mainstream of Shandong Xiajin velvet Market is priced at 4800-4900 yuan / ton, and Xinjiang velvet is reported at 4200-4300 yuan / ton, which is sold at a low price. However, because of the weak cotton market in the downstream, the enthusiasm of purchasing is generally low.

Supported by rising cost sticky glue, downstream cotton yarn market prices generally rose.

There is a general increase of around 400-500 yuan per ton during the week. Up to now, the mainstream market of the ring spinning 30S has been quoted to 19400-19500 yuan / ton, and the low price of 19000 yuan / ton in the early 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.

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