Dacron Staple Is Stable Before The Holidays.

Near the Spring Festival, the downstream of polyester staple will enter the finishing stage, and logistics will soon be closed. The atmosphere of trading is light. However, the staple fiber staple factory's low stock will give the price of polyester staple fiber a certain support.

It is estimated that the price of polyester staple fiber will be mainly concentrated in the next week, or the price will be sorted in the vicinity of 8700-8900 yuan / ton.

The cost side supports well.

PTA: futures market shock and warm finishing, spot prices small shocks.

The news of the increase in crude oil production after Saudi Arabia's release has brought a positive impact to the market, and the crude oil market has rebounded sharply, resulting in the PX price rising. However, downstream polyester and terminal plant operating rate declined, polyester stocks are also gradually rising, demand side bearish PTA market, is expected in the short term PTA price or shock upward.

Ethylene glycol: at present, some traders leave the field to rest, and the East China spot transaction is 5005.

Ethylene glycol terminal is still in the inventory stage, which is a more cautious attitude towards the market. In the pre holiday market, there are many handover operations and no speculative operation. It is expected that the short term ethylene glycol will continue to be weak and oscillatory.

Downstream cotton mill parking

Some time ago, the mainstream price of pure polyester yarn and polyester cotton yarn was strong, and the market mentality was greatly improved under the condition of short and short staple. Pure polyester yarn and polyester cotton yarn continued to strengthen under the support of cost. However, the good times didn't last long, and when the cost side support gradually weakened, and then approached the Spring Festival, the downstream factories stopped production and vacation gradually increased, the factory mentality remained stable, and the festival atmosphere was gradually strong.

What happens to polyester staple fibers after the festival?

After the festival, polyester staple fiber market is hard to say or optimistic.

We believe that before the festival, the market demand for overdraft has been overdrawn, especially the transfer of polyester staple fiber from the factory to the terminal plant, while the new orders for the terminal factories are limited.

In addition, Shengze has a high inventory of grey cloth in about 35-37 days, and the overall inventory of grey fabric is on the high side. After the Spring Festival, the short and short inventory continues to rise, and the downstream mills or the difficulty of recruiting workers are difficult. So we speculate that the production of polyester staple fibers is not good in the first 2 months of the month. The focus is on whether there is any favorable market for raw materials.