• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Inertia Decline Polyester Chip Market Falls After 51 May Brake?

    2019/4/29 20:54:00 10698

    Polyester Chip Market

    Fall or fall, the recent polyester chip quotation continues to decline, at present, Jiangsu and Zhejiang region half light section discussion mainstream in 7625 yuan / ton, glossy slicing negotiations mainstream in 7750 yuan / ton near.

    Weekly average price of 7685 yuan / ton, down 2.43%.

    The national loom pass rate and operating rate were 75.8%, and the overall loom rate of downstream looms decreased by 1.72%.



    Fig. 1 Comparison of production and price of polyester chips


    Source: lung Chung



    Recently, because of the weak cost side support, polyester chip market is the main weakness.

    At the end of April, the market of PET chips continued to go down. Under the strong attack of the upstream and downstream markets, the polyester market was flat. The raw material procurement of downstream factories was carried out on demand, and the enthusiasm of purchasing was poor.

    Near the May 1 holiday, I thought I would buy a wave before the festival, but the downstream bearish intention occupied the main force, but in the end, the polyester chip manufacturers' quotations fell or expanded.

    Downstream markets also have wait-and-see sentiment.



    Figure 22019 PTA processing fee trend




    Insufficient support for polyester Market



    In fact, throughout the year April, the PTA spot market changes were closely related to the fluctuation of device information and the fluctuation of device information. In late 4, when the maintenance of PTA was expected to be set down, the positive impact of device maintenance on the supply side began to decline. Although the price of crude oil rose to a new high in the past few months, the PX production of Hengli market led to the market's concerns about the supply side of the PX. The profit compression of PX resulted in profit margins to PTA, and PTA processing fees continued to record high. As of April 28th, the processing fee of PTA was 1728.13 yuan / ton, up 507.53 yuan / ton from last month, an increase of 41.58%, an increase of 957.58 yuan / ton compared with the same period last year, and the increase was 124.27%.

    Much higher than the same period last year.

    Recently, the domestic ethylene glycol market continued to decline. Compared with last week, the price of the ethylene market dropped by 85 yuan / ton.

    Domestic ethylene glycol production enterprises have varying degrees of losses, some enterprises gradually entered the maintenance period, but to alleviate the pressure of inventory is very limited, coupled with the recent production and marketing of polyester flat, basically on the raw material procurement needs.

    After the May 1, under the premise of high maintenance and high cash flow of polyester, the cost of PTA is 90% determined by the direct raw material PX, and the cost side's impact is very large for PTA.

    Therefore, the further release of the PX in the two quarter of the year will still have a pressing effect on PTA. However, the sanctions imposed by the US on the crude oil produced in Iran are exempt. Geopolitical causes crude oil prices to go up and may have support for PTA in the short term. However, if the terminal order is too weak to spread over and over again, the polyester market will not start to work well.

    The PTA demand will be dragged down, so the bad factors of PTA will remain.



    Weaving orders are limited, textile market is under heavy pressure.



    At the end of April, the overall loom rate of looms was 75.8%, and the ratio of the looms was 1.72%.

    Among them, the comprehensive starting rate of air-jet looms is 90%, the ring ratio is 2.6%, the average operating rate of water looms is 89.4%, and the ratio of looms is 1.45%.

    The demand for terminal demand is not good, and the order of downstream manufacturers continues to slump, resulting in higher inventory of finished products in the downstream terminal market. Most of the finished products inventory of 100 ~300 looms is in 27-35 days. 20 looms and the following enterprises mostly take the order production as the main products. The stock of regular products is mostly 7-10 days, and the peak season is coming to an end. Therefore, because of the decline of their orders and profits, weaving enterprises have relatively high inventory of their raw materials, and many small and medium loom manufacturers have stoppage expectations, and further purchases are not enough.



    Later Outlook:



    The favorable atmosphere brought about by the OPEC reduction is still continuing. Meanwhile, the decline in Venezuela crude production and the tension between the US and Iran have all contributed to the good oil price.

    But PX is difficult to achieve under the expectation of loose supply, and PTA processing fee is high. The impact of device maintenance information on the market continues to weaken. The cost of polyester chip market has no positive factors. The downstream slicing and terminal orders are generally, buyers basically need to replenishment, and the polyester chip market may have a certain stock pressure during the May Day holiday, but there is a wave of purchasing peak after the holiday, so there is a drop in space or ease.

    Pay attention to stocking downstream.


               
    • Related reading

    Gucci First Quarter Revenue Grew 24.6% Year-On-Year Growth Slowed Sharply

    quotations analysis
    |
    2019/4/29 20:43:00
    11830

    China Light Textile City: The Human Silk Fabric Marketing Line-Up Has Been Launched, And The Turnover Has Been Steadily Rising.

    quotations analysis
    |
    2019/4/29 20:34:00
    9971

    Inertia Decline Polyester Chip Market Falls After 51 May Brake?

    quotations analysis
    |
    2019/4/29 19:57:00
    11198

    Dye Change! Jiangsu Ji Hua Stop Production, Airlines Suspend The Purchase Of Dyestuffs, Printing And Dyeing Industry Chain Is Undergoing Tremendous Changes.

    quotations analysis
    |
    2019/4/25 11:47:00
    9627

    How Long Can PX/TA Maintain The High Processing Fee Through Supply And Demand?

    quotations analysis
    |
    2019/4/25 11:15:00
    9678
    Read the next article

    The Real South African "Real Diamond" Is Hidden In South Africa'S Textile Clothing And Footwear Exhibition. You'Re Not Going To South Africa'S Textile Market For Gold?

    After decades of development, China's textile industry has entered a new stage of pnational layout, along with the existing supply chain.

    主站蜘蛛池模板: 制服丝袜中文字幕在线观看| 无人在线观看视频高清视频8| 国产精品揄拍一区二区| 国产精品igao视频网| 亚洲欧美日韩中另类在线| 99在线精品免费视频| 激情视频免费网站| 在线观看污网站| 亚洲欧美精品一中文字幕| 97久久精品人人做人人爽| 欧美精品xxxxbbbb| 国产精品国产三级国产普通话| 亚洲欧美人成网站在线观看看| 57pao一国产成永久免费| 欧美成人伊人十综合色| 国产精品一区二区欧美视频| 亚洲人成人无码网www国产| 欧美日韩亚洲成色二本道三区 | 啊灬啊灬啊灬快灬深用力| 中文字幕无码精品亚洲资源网| 综合欧美亚洲日本| 好男人在线神马影视在线观看www| 国产乱子伦精品免费女| 五十路在线播放| 金莲你下面好紧夹得我好爽| 无码无套少妇毛多18pxxxx| 可以看女生隐私的网站| www.色五月| 欧美粗大猛烈水多18p| 国产第一页在线观看| 久久波多野结衣| 美女免费精品高清毛片在线视 | 99爱在线观看免费完整版| 欧美激情一欧美吧| 国产成人麻豆tv在线观看| 亚洲一卡2卡3卡4卡国产网站| 黄色一级视频免费观看| 最近最新好看的中文字幕2019| 国产在线91精品入口| 久久精品成人欧美大片免费| 色综合天天综合网站中国|