The Upper And Lower Reaches Are Not Good Enough, And Polyester Staple Fibers Still Have Certain Downward Space.

In recent years, polyester raw materials PTA and ethylene glycol concussion finishing, polyester staple fiber market production and marketing generally, downstream gradually recovered, short term polyester staple fiber market price or shock finishing mainly, up or down amplitude or limited.

Although the price of crude oil rose all the way before the festival, PTA prices bottomed out, and the rally was quite good. However, with the concentration of the bad news of Fuhai reboot and high storage, the PTA price dropped 3.5% a day.

Since then, the centralized maintenance notice has stabilized the disk price. However, the weakness of the fundamentals is hard to reverse in a short time.

In the short term, the PTA fundamentals are empty, but the downward trend is still coming.

In terms of ethylene glycol, the port to port volume decreased next week. With the increase of polyester load, the probability of lowering inventory is larger.

In addition, due to the pressure of the cost side, some parts of the plant in Taiwan began to be overhauled, and the phenomenon of oversupply at the later stage will be eased.

This week, polyester staple fiber cost side support generally, and the downstream section is slightly slower, and buyers are more than before the festival, so there is a certain stock of raw materials, so the production and sales of polyester staple fiber market is still sluggish; however, the operation rate of the staple fiber plant has increased significantly, most of the enterprises have accumulated inventories, and the cash flow is relatively abundant. This week, the supplier gave more modest profits and shipped, resulting in a decline in the market price center of gravity.

However, due to the normal inventory level, the market decline is relatively limited.

By the end of Thursday, the main export price of half white 1.4D*38mm polyester staple fiber in East China was around 8775 yuan / ton, with a weekly average price of 8805 yuan / ton, a decrease of 0.51%.

Most small and medium-sized textile mills have resumed work before the Lantern Festival, and some small and micro enterprises have been put into production in the first sixteen months of the month.

It is understood that large and medium-sized textile factories due to the loss of workers led to a lower rate of start-up than before the festival, the most can only restore the pre production capacity of 70%, and small and micro enterprises are located in the countryside, easy to recruit migrant workers returning home, the rate of opening is generally higher, or even better than before the level.

Terminal category, polyester and viscose yarn 40s trading volume rose, prices stable; polyester cotton yarn price parity stable; pure polyester 45s dynamic pin, mainly produces pocket cloth, other trading volume is not big, the price is stable.

To sum up: under the background of PTA and MEG's high inventory, the production and sale of polyester staple fiber is weak, making it difficult to rise.

In the near future, the upstream and downstream businesses are not good enough, and there is still a downward trend in the prices of staple fibers.

But considering the near downstream replenishment cycle, the market downward space is expected to be limited.