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    Chemical Fiber Raw Materials (13-17 May 2019) Trend

    2019/5/20 13:34:00 11683

    Chemical Fiber Raw Material Trend

    Polyester filament: polyester filament continues to decline this week. The average price of semifinished POY150D/48F, DTY150D/48F and FDY150D/96F is 8195 yuan / ton, 9800 yuan / ton, 8620 yuan / ton, and the decrease is 3.59%, 1.80%, 2.49%.

    No agreement has been reached in the US China trade negotiations, and the market is worried about the Levy of tariffs to curb the growth of demand for commodities. PTA and MEG futures are down.

    In addition, the supply of PX in Asia has increased significantly, which has a negative impact on the market of PX and polyester related products. The demand for stacking terminal textile is not ideal, and the production and sale data of polyester factories are continuously weak, which leads to a continuous decline in polyester filament prices.

    As of Thursday, the mainstream price of POY150D/48F was near 7950-8150, which was 1000-1200 yuan / ton higher than the April high.

    Next week, polyester filament or weak finishing.

    The risk of Sino US trade confrontation has been diluted, but the fundamentals of supply and demand remain unbalance. The increase in the volume of bombs and weaving factories has increased pressure on the industry, and the polyester filament has not yet completely eliminated the expected shock.

    Polyester chips: PET chips sliced down this week. Next week or next week is expected to be the main trend.

    As of Thursday, the price of semifinished chips in Jiangsu and Zhejiang provinces was 7400 yuan / ton, down 162.5 yuan / ton compared with last Thursday, and the price of glossy slicing was 7500 yuan / ton, down 150 yuan / ton compared with last Thursday.

    This week half light section average price 7487.5 yuan / ton, compared with last week fell 1.32%, glossy slice average price 7585 yuan / ton, compared with last week fell 0.98%.

    This week's Sino US talks failed, causing downstream operators to panic, the downstream load started to decline continuously, polyester chip production and sales continued to be weak, and the PTA spot fell sharply on the weekend, the polyester chip cash flow widened, the raw material end and the demand side both dragged down, all resulted in polyester chip price falling, so far half light chip price dropped to 7400 yuan / ton.

    Because of the shrinkage of the terminal weaving order, the stock of polyester chips slowly accumulates at a high level, resulting in a panic in the downstream of polyester chips. This week, the downstream of polyester chips is being repaired or stopped to balance the imbalance between supply and demand. However, there is still no good effect. Next week, the production rate has been expanded. Due to the demand, the raw material PTA spot can not rebound, making the polyester chip cash flow expand. At present, PET chips are both dragged down by the demand side and the raw material end. Therefore, the price of polyester chips is generally dragged down, and the price of polyester chips is expected to decrease or down. The semifinished chip price is expected to run 7200-7500 yuan / ton next week.

    Nylon: this week PA6 fell significantly, the focus of the paction continued to move down, the price of the field chaos.

    At the end of the closing, the main focus of the conventional spinning of the polymerization factory was 13600-14000 yuan / ton cash, which was 5.15% lower than last Thursday.

    This week, the average price of conventional spun chips is 14100 yuan / ton, down 3.59% from last week.

    The price of caprolactam in the week continued to decline, and the slicing of the slicing was suppressed, and the contradiction between supply and demand of chips was not alleviated. Downstream factories were less confident in the market, so slicing prices also gradually declined.

    High end high speed spinning slice spot main stream talks to refer to 15000 yuan / ton near acceptance send, fall 4.76% over last Thursday.

    This week, the price of nylon was chaotic, and there was no market price.

    Upstream caprolactam price shocks downward, slicing continued weak shocks, nylon cost side supporting role weakened, manufacturers to reduce inventory pressure, there is a certain reduction plan, but supply is still abundant, terminal textile demand slow down, the parties cautious watch, the actual paction needs detailed discussion.

    Polyamide filament DTY mainstream price reference 20000 yuan / ton, continued to decline, FDY mainstream price reference 18000 yuan / ton, the mainstream price of short fiber reference 16000 yuan / ton.

    Short term nylon filament is expected to be difficult to change.

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