One Week Trend Analysis Of Chemical Fiber Raw Material Products

Polyester staple fiber: The price of direct spinning polyester staple fiber rose sharply this week. Driven by the news of maintenance and Sino US trade easing, PTA and glycol, the main raw materials of polyester, rose significantly in the week, while the price of polyester staple fiber increased under the decline of inventory and slight loss of industry profits. During the week, prices generally rose, and some factories were oversold and out of stock. Part of the previous repair and repair gradually warm up restart, staple fiber industry operating load rate gradually picked up. By the end of the day, the mainstream price in East China closed at 7550-7750 yuan / ton. The average price this week was 7435 yuan / ton, up 3.26% month on month.

Next week, oil prices are expected to remain high and stable, and uncertain trade may restrain oil prices from rising. Next week, PTA has the double advantages of overhaul expectation and gradual resumption of start-up enterprises, but the increase of processing fees has formed a certain upward resistance to PTA. Short fiber inventory low, good orders, the overall may still rise. It is estimated that the price of polyester staple fiber in East China will be 7650-7850 yuan / ton next week.

Polyester chips: Polyester chip prices continue to rise this week. As of this Thursday, the price of semi light slicing in Jiangsu and Zhejiang was 7050 yuan / ton, up 400 yuan / ton compared with last Thursday; The price of glossy slices was 7225 yuan / ton, up 525 yuan / ton from last Thursday. This week, the average price of semi-finished slices was 6795 yuan / ton, up 2.37% from last week; The average price of sliced slices was 6870 yuan / ton, up 2.63% over last week. At the beginning of the week, polyester chip sales rebounded to a certain extent, which promoted polyester production. In the middle of the week, the Sino US telephone communication eased the relationship. The international crude oil rose sharply, the polyester transaction mentality was strong, and the polyester chip production and sales continued to be in large volume. At the weekend, the manufacturers basically had no inventory. Some manufacturers sealed the orders and cherished the goods. The price continued to rise until this Thursday. So far, the price of semi smooth chip rose to 7050 yuan / ton.

Next week, PTA processing cost expansion of raw materials is difficult to form a boost to its further rise, PTA will be mainly shock adjustment, raw material end only rise, there is a certain support for polyester chips. On the demand side, the demand side is expected to be weak in the next week after the rush for goods this week. However, in view of the large production and sales volume this week, the polyester chip factory has basically no inventory and is reluctant to sell. It is expected that the polyester chip price will be mainly shaken next week, and the price of semi smooth chip will be 7100-7300 yuan / ton.

Polyester filament: Polyester filament prices rose strongly this week, with the average prices of semi gloss poy150d / 48F, dty150d / 48F and fdy150d / 96F at 7715 yuan / ton, 9245 yuan / ton and 8170 yuan / ton, up 1.43%, 0.83% and 1.49% month on month. During the week, the oil price rebounded strongly at a low level, which coincided with the correction of PTA futures demand expectations, and the futures and spot prices rose strongly; Affected by this, polyester filament prices continue to rise under the pressure of cost, while downstream weaving, texturing and other purchasing sentiment is strong, polyester yarn production and sales continue to be large, inventory digestion to a low level.

Next week, first of all, focus on the oil price is expected to remain high and stable, and the momentum to continue to rise is weak; Polyester raw materials PTA and ethylene glycol still have room for negotiation. Although the downstream weaving industry has not made a substantial breakthrough and its finished products are still accumulated, the inventory of polyester filament maintains a low level after continuous production and sales in the past few days, which basically reaches the new low after the Spring Festival. The market has strong resistance to fall. The price of polyester filament in the future is easy to rise but difficult to fall.

Nylon: This week PA6 stable finishing, the mainstream price is more stable, low-end price slightly higher. As of the end of the day, the main delivery center of conventional spinning glossy chips in the polymerization factory was self raised with reference to 12800-13300 yuan / T cash, which was stable compared with the closing price of last Thursday. This week, the average price of conventional spinning glossy chip is 13050 yuan / ton, which is stable compared with last week. Within the week, raw material caprolactam was weakly and stably sorted, the chips just needed to be traded, and the low-end chips were traded fairly well. Some manufacturers tried to increase their offer, but the overall trading focus did not change significantly. Traders follow the market and follow up on demand. The mainstream negotiation of high-end high-speed spinning chips refers to the acceptance delivery of 12800-13000 yuan / ton, down 1.53% from the closing price of last Thursday.

This week, nylon continued to be weak downward, trading on the floor is not optimistic. The upstream raw materials are shaken and consolidated, the support is relatively stable, the nylon manufacturers are stable in supply and actively shipping, and the downstream market continues to purchase just in need, consuming the initial inventory. The overall continuation just needs to be purchased. The mainstream price of DTY in nylon filament is 17000-17500 yuan / ton, which is in weak stable operation; FDY mainstream price reference 16000-16500 yuan / ton, staple fiber mainstream price reference 15000-15500 yuan / ton. It is expected that the short-term nylon filament consolidation is weak and stable, and the trading volume is weak.

Regeneration hollow: This week, renewable hollow mainstream first fell and then rose, overall fell more or less, local prices fell first and then rose. As of Thursday, the price of recycled silicon products decreased by RMB 7900-7900 / T, including tax. This week, the average price of regenerated hollow 7d 3D silicon added products was 8000 yuan / T, down 1.99% month on month. Last Friday, Ningbo's large factories reported a drop of 300 yuan / ton in terms of recycling, which greatly hit the trading atmosphere. The wait-and-see mood in the downstream was aggravated, and the manufacturers were weak in shipping. The favorable external and internal environment of this week stimulated the improvement of production and sales, and the mentality of the operators improved. Ningbo large factory reported an increase of 200 yuan / ton, and some factories followed suit. Some factories still focused on reducing inventory and the price remained stable temporarily. Guangdong renewable hollow from weak to warm, manufacturers shipping rhythm from slow to fast, transaction price fell after the rise.

This week, the price of recycled hollow first fell and then rose, and the overall decline was more or less. It is expected that there is still room for rise next week. It is estimated that the tax inclusive price of 7D 3D silicon products in Zhejiang market is 7900-8400 yuan / ton, which is 50 yuan / ton higher than this week. In the next week, there is still a feeling of replenishment in the downstream of renewable hollow, and low inventory manufacturers still have the intention to explore the rise. In addition, the cost side is relatively strong, so it is expected that the price will rise.

Pure polyester yarn: During the week, the price of pure polyester yarn was stable and strong. Within the week, affected by the positive factors of news coverage, the polyester production and sales were stimulated, and the plate trend was strong. Polyester staple fiber also rose significantly under the pressure of loss. Although the trading atmosphere of pure polyester yarn was improved, it was not enough to balance the production and sales, and the inventory pressure remained. Therefore, the mainstream yarn enterprises still looked at the market and urged them to take the goods to remove the inventory. The sporadic yarn enterprises reported an increase in yarn prices, but the actual orders were still flexible. The trading atmosphere of Fujian and East China markets was fair, while that of Hebei and Shandong markets was relatively cold. By the end of the day, Fujian's local t32s mainstream quotation was 12000-12400 yuan / ton, t40s was 1500 yuan / ton higher, t21s was 300 yuan / ton lower, and T30S was 100 yuan / ton lower.

Staple fiber pull up, pure polyester yarn low wandering goods, yarn price trend gradually close to the cost line, facing the risk of loss. Next week, polyester staple fiber still has room to pull up, pure polyester yarn inventory pressure has been moderately eased, next week's expected rise is stronger.