The Price Of Polyester Staple Is Easy To Rise In April, Or To Rise In The Month
In March, the price of direct spun polyester staple fiber was generally "rising, falling and stabilizing".
At the beginning of the month, due to the warming of commodities, the products were stronger. Under this influence, PTA has come to a recovery rebound for the repair processing fee. PTA has gone up considerably, driving the polyester atmosphere to a positive trend. The price of polyester products has been rising, which has led to the opening of polyester production and marketing.
However, the decline of polyester raw materials PTA and ethylene glycol caused the decline of polyester staple fiber prices.
In mid and late ten days, the price of polyester filament increased due to the news of tax reduction, but for polyester staple fiber, the price did not improve significantly except for the demand for goods, which was relatively stable.
In the spring of April, the tendency of polyester staple fiber to increase monthly is increasing.
The reasons are summarized as follows:
International oil prices are expected to rise, although the global economy has slowed down, or some drag on production cuts.
But the production reduction action is still a good stimulus for the market, and the oil export countries have already cut down the production plan and the US crude oil inventories have declined, which will support the oil price formation.
Polyester raw materials PTA and glycol market is easy to rise or fall.
PTA centralized maintenance at the end of the month, Yisheng Dalian, Hengli Dalian, Hon Bang petrochemical, Jiaxing Petrochemical overhaul plan to boost the market atmosphere, although Hengli Petrochemical 20 million tons / year integrated petrochemical projects to start up, in the PX supply side bad situation, there are certain variables in the market, but for polyester staple industry, the rising cost period is conducive to boosting the market atmosphere, and in addition to the rising costs, the lower reaches adhere to the principle of buying up, not buying or falling, and the downstream replenishment volume increases, if the raw material continues to exert strength, it will play a positive role in improving the market atmosphere.
Polyester staple fiber itself, the end of the month still has 450 thousand tons of maintenance plan, but previously Yizheng chemical fiber repair at the end of the month or early April, restart the start, and Xiangyang Chemical fiber 80 thousand tons of new production in the near future is about to start.
For the supply side, the overhaul plan is larger than the new launch and restart plan, or the operating rate has declined.
The mainstream polyester staple factory has a low stock, and even some factories have a tight stock and difficult delivery. This situation will form a certain price support for polyester staple in the later stage.
Production and sales this week improved compared with last week. Although production and sales are good and bad, up to now, the average production and sale of polyester staple fiber in March is 90%, and the demand is basically balanced.
To sum up, the relevant boosting role in the market, such as stimulation of production reduction, is more obvious for crude oil.
PTA in the period of maintenance and inventory, good mentality plays a positive role in polyester.
In terms of polyester staple fiber, the supply and demand side is balanced, and inventory plays a certain role in promoting the whole polyester staple market.
Therefore, in the spring of April, polyester staple is easy to rise or fall, or the price is rising.
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