Polyester Raw Materials Are Up And Down For A Week, And Polyester Staple Fiber Is Facing Risk Of Return.

The attack on Saudi Arabia has been ups and downs, the domestic energy and chemical industry has been ups and downs, and the polyester market has gone through a thrilling week with oil prices, which has directly led to the advance of the replenishment market of polyester staple fiber market. But when all the dust settled, the market began to reexamine basic news, and the market of polyester staple fiber was also facing the risk of retreating.

Price comparison of polyester products this week

Varieties	Nine 12 June	Nine 16 June	Nine 17 June	Nine 18 June	Nine 19 June	Company
PX	Seven hundred and eighty-five	Eight hundred and twenty-three	Eight hundred and fifty	Eight hundred and nineteen	Eight hundred and ten	US dollar / ton
PTA	Five thousand and eighty	Five thousand two hundred and thirty	Five thousand three hundred and fifty	Five thousand two hundred and forty	Five thousand and eighty	Yuan / ton
MEG	Four thousand eight hundred and thirty-five	Five thousand one hundred and ninety-five	Five thousand four hundred and fifteen	Five thousand one hundred and forty-five	Five thousand one hundred and thirty-five	Yuan / ton
Semi optical section	Six thousand six hundred and seventy-five	Six thousand seven hundred and fifty	Six thousand and nine hundred	Six thousand and nine hundred	Six thousand and nine hundred	Yuan / ton
Bottle grade slicing	Six thousand and eight hundred	Seven thousand	Seven thousand two hundred and twenty-five	Seven thousand and fifty	Six thousand nine hundred and fifty	Yuan / ton
POY150D/48F	Seven thousand six hundred and seventy-five	Seven thousand eight hundred and twenty-five	Seven thousand nine hundred and twenty-five	Seven thousand nine hundred and twenty-five	Seven thousand nine hundred and twenty-five	Yuan / ton
Polyester staple fiber	Seven thousand two hundred and fifty	Seven thousand and five hundred	Seven thousand and seven hundred	Seven thousand six hundred and fifty	Seven thousand and six hundred	Yuan / ton

As shown in the table above, the performance of polyester raw materials is more obvious. PTA has fallen back to the price before mid autumn festival, but polyester varieties are relatively calm, especially filament and sliced products.

Due to PTA's first fall back to its original form, its processing fee has also been narrowed down, and a large plant has announced its maintenance of its 2 million 200 thousand ton / year device after the national day. In recent years, the supply pressure of the industry has been slightly relieved, or the subsequent price has been relatively lower. The temporary supply of ethylene glycol is slightly tight, and the market has strong resistance. Although the cost side change is not big, but due to this week polyester products are more resistant, resulting in a generally higher level of industry profitability, but because of overdraft market obvious, next week, the market is still facing some downward pressure.

From the perspective of the polyester staple market, the Saudi incident prompted the downstream to be stocked beforehand. It is understood that there has been a round of stocking every week since the beginning of September, especially in the early days of this week, especially in the lower reaches of this week. The stock of raw materials in the cotton mill is now available to the middle of October. It also indicates that the replenishment intensity before the national day will be greatly reduced. Demand support is weak, and at present, factory cash flow is more than 400-500 yuan / ton. If there are no other unexpected events, the market will face some downward slide next week. But due to the fact that there is not much stock in the enterprise at present, and taking into account the easing signs of trade relations and the instability of geopolitical risks will help push oil prices strong and other factors, the adjustment of this round will probably be around 200 yuan / ton.

And the national day later, if the national day before and after the downstream did not rush to replenish goods, then in mid October happened to arrive at the replenishment time point of the downstream enterprises, and then overhaul the maintenance of PTA factory, and it is estimated that there will not be a big drop in the price of short fiber in October. Of course, the market also needs to guard against the uncertainty of the external factors.