"Gold Three" Near The End Of The Polyester Market, Hot Polyester Prices Rose 50-100 Yuan / Ton A Day.

Rise!

Sealed disk!

Had to sigh, this wave of polyester filament operation is really 666!

After a period of silence, chemical fiber manufacturers again turned the tables, counterattacked, the 21 day the mainstream product prices rose 50-100 yuan / ton!

All kinds of information about price rises are running in WeChat's circle of friends and group chat and text messages, and there are different price expectations for the next trading day and after market.

With the spread of all kinds of price increases in the chemical fiber plant, the downstream market may be due to the replenishment of just needed goods, perhaps because of the "buying up or not buying down" mentality.

It is understood that there are individual manufacturers of some products have sealed disk initiatives, some manufacturers record shipments.

According to statistics, on the 21 day, the turnover of polyester filament Market in Jiangsu and Zhejiang provinces was hot, with some POY being 230%, 500%, 240%, 180% and 200%; some FDY were 160%, 350%, 200%, 150%, 200%; some DTY were 200%, 200%, 150%, 200%, and 200%.

In recent days, it is the meeting of some industry, and some market participants have ridiculed this conference for many years, such as the general magic of magic. After the meeting, the polyester market will face a turning point.

Of course, there are professionals who expect some speculation in this market.

But in any case, chemical fiber manufacturers have the courage to rise in price, and naturally they have gained the support power of the market fundamentals.

First, crude oil has been refreshed beyond the April high level, and PTA is pulling up.

Although the signs of economic slowdown are more and more obvious that oil demand side concerns continue to increase, the supply support of OPEC+ oil producing countries is still pushing up oil prices.

Boosted by this, Brent crude oil futures and WTI crude oil futures rose second weeks in a row last week, and WTI crude oil futures rose 4.4% throughout the week.

This week, OPEC released the signal of continued cuts in production and made good progress. The international oil price continued to brush over the April high level. As of Wednesday (20), WTI crude oil rose to 59.83 yuan / barrel, refreshing the new high since November last year, and the oil price 68.50 dollars / barrel.

It is reported that the international oil price has been refreshed for four months. OPEC will over fulfill its promise of reducing production in the coming months.

Boosted by market profits, the PTA futures market rose, and the 21 day high disk opened. The 1905 contract ended at 6352 yuan / ton.

At the same time, the spot market also rose. Now the price of its internal market has risen slightly to 6530-6600 yuan / ton, and the negotiation has been adjusted to 6450-6530 yuan / ton.

Two, the weaving Market is getting better and the demand for light fabric is enlarged.

Since March, as the downstream market has been resumed, the purchase speed of fabrics is better than that of the previous stage, and the atmosphere has been better, especially for some of the most popular products.

Specifically, as the flagship product of lightweight fabrics, the imitation silk series has been a hot selling product in the first half of this year. This year's conventional products are neutral in the market, and the price has risen 0.10 yuan / meter earlier than before. However, some of the hot selling varieties are short of market supply, and some manufacturers are queuing up for about 20 days, such as extinction and card breaking, SPH chaos, etc. the conventional products 100D chiffon and crepe de flex have also started to rise recently, which is expected to be better.

In addition, the trade volume of Jintai polyester fabric began frequently, and the volume of market pactions increased slightly. The volume of Shu Mei silk series was obviously better than that of the early stage, and the market share began to enlarge in recent years as a medium and high class suit and casual wear.

In March, the market for fabrics and proofing were warmly heated. Some new orders were also issued in the early stage, and market confidence improved significantly.

With the further increase of temperature, the demand for light and thin fabrics will be further enlarged in the market, especially those with high added value and strong competitiveness, and there will still be room for development in the market.

But this year, the conventional low-end products are obviously uneasy, such as the market capacity of polyester Taffa and spring Asia spinning, which has affected the market atmosphere.

Both benefiting from the upstream raw material cost and boosting the downstream market demand, the PET filament market will not lose the prestige of "gold three" and usher in a wave of rising prices.

In any case, we still need to look forward to the continued positive results of the "Silver Four" market.