Home >

Production And Marketing Is Weak And Prices Are Down. Polyester Filament Before Or After May 1 Is Still Depressed.

2019/4/28 10:17:00 11950

??? 日本語 Fran?ais English 中文

This week, the market of polyester filament fell weaker. The average price of semi gloss POY150D/48F, DTY150D/48F and FDY150D/96F market was 8910 yuan / ton, 10375 yuan / ton, 9330 yuan / ton, the ratio fell 2.30%, 2.12%, 2.81%.

During the week, PTA prices rebounded, but MEG prices continued to fall.

Polyester raw materials market performance differences, but the terminal weaving order situation is not ideal, industry buyers cautious attitude, polyester factory production and sales data overall weakness.

On the other hand, near the May 1 small holiday, the market shipments have increased mentality, polyester factories have cut sales promotions, expect the short term polyester filament market is still empty.

POY average price in recent market

Lack of support for raw material ends

PTA:

Last week, the price of PX fell sharply, resulting in a narrowing of the price of PTA. Due to the support from mainstream factories, the price of PTA was limited.

This week, the US sanctions against crude oil in Iran were waived, resulting in the recovery of crude oil prices. The cost side PX dropped sharply, and the short-term PX downside was limited.

On the device, Fuhai set up a 4 million 500 thousand ton / year PTA plant which was originally scheduled for overhaul in May. Now the possibility of delayed maintenance is relatively large. It is expected that PTA will operate under concussion unless there are new favorable factors.

Ethylene glycol:

This week's performance continued to slump, and the East China spot mainstream traded at 4525 yuan / ton.

Although the East China wharf stock is expected to be lowered, some enterprises are expected to have a shrinkage in the supply side. However, before the end of the festival, the polyester end is not performing well, mainly on demand, and the market for short-term ethylene glycol remains weak.

Supply side pressure rising

In the 1-4 month, the polyester filament market can be seen as the volume and price rise. However, at the end of April, the market price and profit of polyester filament both slipped, and the supply and demand of polyester filament market was bad.

According to statistics, in April 23rd, Rongsheng 300 thousand tons of equipment after the maintenance of normal driving, is expected at the end of the normal silk production.

In addition, Jiaxing Yi Peng 250 thousand tons of new polyester plant, after the normal driving in April 17th, the device load has gradually increased.

Before the hot summer comes, the operation rate of polyester filament factory will remain stable. In May, the output of polyester filament market will continue to grow.

At the end of April, due to the low cost driving effect and the dual influence of downstream demand, the stock of polyester filament mill is in a slow accumulation state. It is estimated that in May, the stock of polyester filament factory will be accelerated or the market supply pressure will continue to rise.

Demand side production and marketing downturn

As of Thursday, the total stock of the polyester market was concentrated for 15-23 days. In terms of specific products, POY stocks were concentrated for 6-11 days, FDY stocks were close to 12-17 days, while DTY stocks were about 23-29 days.

The production and sales situation is at an average of 6-7 per cent, and the market turnover atmosphere is light.

On the whole, the stock pressure of polyester factories is relatively ideal at present. However, the terminal market is crying for no tears. It is reported that the pfer of polyester stock to the terminal plant warehouse or the finished product inventory is caused, resulting in the continuous high yield of polyester.

The orders for the downstream grey fabric market are light, and the inventory of products is on the rise.

To sum up, in recent years, polyester filament market or continue to fall.

In recent years, the production and sale data of polyester factories are generally weak, and the stock level of the industry has generally climbed. In addition, the terminal weaving business has been declining. Some factories plan to stop working for 3-6 days during the May 1 holiday, resulting in the market of polyester filament still empty.