Double Good To Improve Polyester Filament And Spring Breeze.

After the Spring Festival, the demand for polyester filament is deserted and needs to be purchased.

As shown in the figure below, looms start up gradually in the middle and late 2 months. It is understood that workers in downstream weaving factories are planning to return to posts in late February and early March, so the loom start up rate is low at the beginning of the festival, and the trend of double raw materials is weak, the upstream and downstream support is weak, the stock pressure of polyester filament increases, the negotiation is loose, and the focus of the paction is shifted downward.

And weaving before the festival mostly concentrate on stocking, inventory level in 30-45 days, so there is no purchase intention in the short term, polyester open downlink mode, to the beginning of March, POY150D/48F compared to before the price, the price fell 250-300 yuan / ton.

Source: lung Chung

At the beginning of March, with the rebound of dual raw materials, the market atmosphere of polyester was stimulated. Under the pressure of cost, pet enterprises increased their market value, and driven by downstream buying and selling sentiment, production and sales volume, and high production and sales in 400%-500%, and the inventory dropped rapidly.

After two consecutive days of sluggish growth, the market is weak, and downstream purchases are cooled enthusiastically. At this time, raw materials are also in a downward trend. Polyester is in danger of falling. Enterprises will continue to pull up to stabilize the market situation.

According to the understanding of long Zhong, Wujiang area has been booting well for jet and water injection. The load of large circular machines in Keqiao and Changle is basically normal. The load of starting up is over 80%. The loom start up in Guangdong area is not good, and the overall level is near 4. Therefore, the demand side has not been fully recovered, and the pmission of upper and lower reaches is not smooth, so the growth of polyester is difficult to maintain.

After a brief rally, the polyester market is deadlocked again.

At this time, raw materials are also beginning to fall down. The polyester enterprises will have a strong desire to stay in the market. In the initial stage, they wait and see. The downstream demand has been overdrawn ahead of time, and the purchasing intention is not strong. This week, production and sales continued to fall, and the pressure on enterprise inventory increased.

Xinhua News Agency issued a document, the state through the tax reduction policy, began in April 1st, this news has greatly boosted the market atmosphere of polyester, lower purchasing enthusiasm, polyester production and sales increased rapidly, this afternoon, individual factory quotes rose.

In addition to the policy aspect, the PTA device will be overhauled at the end of March. It is expected that there will be a wave of rising expectations after mid month, which will lead to the polyester market atmosphere and boost the confidence of polyester enterprises. Some factories have said that the market has been on the increase since Saturday. If PTA is on schedule, DTH will continue to follow up.