Chemical Fiber Raw Materials (27-31 May 2019) Trend

Regenerated PET: this week, after the decline of the regenerative PET, the weak stalemate and the focus of the paction were significantly reduced.

At the end of the close, the price of VAT in the east of China was 5500 yuan / ton, which was 400 yuan lower than last week, or 6.78%.

This week, the average price of East China's imitation Dahua white tablet was 5580 yuan / ton, down 7.62% compared with last week.

At the beginning of the week, new materials continued to slide, and the pessimism of the regeneration market did not diminish, and the prices of regenerated products continued downward.

Demand is sluggish, chemical fiber manufacturers do not change their purchasing intention, low price offer continues to increase, some manufacturers suspend procurement and wait and see.

Zhou Zhongxin is supported by the cost side, the price of the product has gradually stabilized, the decline of the regenerated market has been reduced, and the regenerated market is deadlocked, the industry is prudent and the actual business talks are the main.

The price difference between new materials and recycled materials is too narrow, and the downstream purchasing sentiment for renewable products is hard to lift.

As the temperature gradually increased, the quantity of wool increased, and environmental protection was checked in some areas.

Regenerated chemical fiber production and marketing are not smooth, chemical fiber manufacturers purchase raw materials are prudent, flexible procurement as required.

Demand side dragged down, it is expected that next week, the bottle will be vulnerable to a stalemate, there is still room for adjustment.

Polyester staple fiber: the price of direct spun polyester staple fiber this week is stable.

Last week, polyester filament production and sales were hot. PTA rose at the beginning of the week with the rise of PET production and sales and the rise in oil prices. It had the driving force of cost increase, and the price of PET staple was relatively stable during the week.

For the next two days, the production and sale of PET staple fiber is higher, to a certain extent, to ease the pressure on factory inventory.

But by Wednesday PX decline, polyester production and sales decline, PTA stopped rising, polyester staple fiber lack of cost support, prices fell.

Close to the close, the East China mainstream price closed at 7400-7600 yuan / ton.

The average price this week is 7560 yuan / ton, down 5.44%.

Entering next week in June, terminal demand has entered a slack season, and terminal orders have not yet improved.

Polyester staple fiber demand side or under this influence get goods more cautious.

Cost side, PX slowdown will play a supporting role in PTA price, PTA price shock adjustment, polyester short fiber before release, inventory pressure slowly released, relative inventory is normal.

It is estimated that the price of PET staple will be maintained at 7400-7600 yuan / ton next week.

Recycled fiber: the mainstream price of recycled fiber has also declined this week, narrowing compared with last week and falling in some regions.

As of Thursday, Jiangsu and Zhejiang Province recycled fiber, high strength and imitation, including the tax price of 7200-7400 yuan / ton, down 250 yuan / ton compared with last week.

This week, the average price of recycled fiber is 7390 yuan / ton, which is 4.89% lower than that of the company.

This week polyester cost side has a warm trend, large price narrow exploration, the formation of weak support for recycled fiber, factory production and sales slightly better than before, but factory inventory is still high, shipping mentality is thicker, most manufacturers quotations are stable, there is still room for negotiation, there are still some high priced goods prices fall.

At the beginning of this week, the quotation of Hebei regenerated PPF factory continued to decline, and other manufacturers also fell. The follow up market did not improve significantly, and the price was running weak.

This week, the price of recycled fiber is down, and it is expected to be stabilized for the next week. It is expected that Jiangsu and Zhejiang will regenerate the price of 7200-7400 yuan / ton, which is higher than that of this week.

Next week, there is no improvement in the purchasing enthusiasm of the general fiber downstream, and the shipping speed of the manufacturers will continue to slow down. However, most manufacturers are running low profit or even loss. The cost side or deadlock is expected to stabilize the price.