• <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 >

    The Future Of Polyester Market Is Not Optimistic Under Double Profits.

    2019/12/11 14:14:00 0

    Polyester MarketEthylene GlycolPTA

    In December 10, 2018, ethylene glycol futures were officially listed on the Dalian Mercantile Exchange.


    After a year's development, ethylene glycol futures have become a new important concern for textile workers. In recent years, under the "PTA" futures performance of "big brother", the "new army" ethylene glycol futures have earned everyone's attention with good performance.




    The price of oil did not rise until we discovered who was swimming naked.


    Recently, OPEC and non OPEC major oil producing countries Russia reached a new production reduction agreement, agreed to start from January next year, an additional 500 thousand barrels per day, by the good news, the international crude oil to achieve "five consecutive ups", a Zhou Guoji oil price rose to 7.3%.


    Driven by international oil prices, all links in the polyester industry chain include PTA, ethylene glycol, PX And other products have risen to varying degrees.


    Among them, the increase of PX and ethylene glycol was even larger, which rose by 15 US dollars / ton and 58 yuan / ton respectively. PTA rose slightly, and the spot price of finished products increased by 20 yuan / ton.


    On Monday, the international oil price rally stopped. In December 9th, the US crude oil fell 0.30%. Brent crude fell 0.22%.

     

    PTA aspect In the afternoon of December 10th, PTA futures suddenly started diving. As of 15 o'clock on December 10th, PTA futures main contract closed 2005 points 4850 points, 58 points lower than the previous trading day, or 1.18%, ending the previous "three Lian Yang" market.



     

    Glycol side It is quite different from PTA futures. In December 9th, ethylene glycol rose sharply by 2.7%. As at 15 o'clock in December 10th, the 2001 contract of ethylene glycol futures closed at 4849 points, up 78 points from the previous trading day, or 1.63%.




    When the international oil price is rising, the whole polyester industry chain is going up. When the oil price begins to callback, we find out who is in the "naked swimming". In the final analysis, it is still the fundamental reason, and the biggest influence is the stock.

     

    PTA inventory, Because last year the third quarter of PTA surged, overturned and overdrawn, and this year because of the poor performance of the terminal textile industry, we can clearly feel that since last September, PTA has been in a state of exhausted inventory. Although in October this year, the PTA plant chose to increase the overhaul and slightly consumed some inventory, but this is still a temporary solution to the problem. At present, the PTA social inventory still exceeds 1 million 200 thousand tons.



     

    Ethylene glycol inventory In comparison with PTA, the port inventory of ethylene glycol is declining, and is now below 500 thousand tons, the lowest level in the year. Recently, due to the poor port weather, Ningbo, Zhangjiagang and other East China main ports have been closed, and ethylene glycol has been postponed.



    The gap in inventory has caused the recent two level differentiation of ethylene glycol and PTA, but in the long run, these two products are "difficult brothers", and the prospects are not optimistic.

     

    The new equipment is queuing up, and the market prospect is not optimistic.


    PTA device aspects , In November, the commissioning of the new Feng Ming 2 million 200 thousand ton PTA plant was a heavy blow to the originally weak PTA market. Before the end of December, the commissioning plan of Hengli Petrochemical 2 million 500 thousand tons PTA plant and Zhongtai chemical 1 million 200 thousand ton PTA plant may make the recent PTA that is difficult to pick up a bit worse.


     

    Glycol installations Because of the poor performance of ethylene glycol in the first half of this year, the new production capacity that was originally planned to put into operation has been postponed. Until now, only a 100 thousand ton / year synthetic gas MEG plant in Xinjiang has been discharged and run steadily. But this situation will change in the future.


    Recently, the commissioning test of Inner Mongolia Rongxin 400 thousand ton / year ethylene glycol plant was successfully planned in the near future. In the middle of December, the ethylene glycol unit of Hengli Petrochemical Company 900 thousand tons is also ready for trial run. Once these new installations are formally launched, it will cause certain impact on the glycol market.

     



    Poor terminal demand, polyester repair efforts intensified


    This year, the textile market is not good, the weaving enterprises have too high inventory of grey cloth and huge financial pressure, so they can not afford too much money to prepare raw materials. In addition, at the beginning of this year, because of the high inventory of polyester factories, the price of polyester decreased, and the weaving enterprises suffered great losses. Under the influence of these two factors, many weaving enterprises have doubts about hoarding raw materials and stockpiling raw materials at the end of this year.


    At present, the stock of polyester factories exceeds 20 days, higher than that of the same period last year.



    Under the pressure of high inventory, the polyester plant's overhauling efforts this year may be far ahead of the previous years. We can see some clues from the recently announced maintenance plan.


    PTA and ethylene glycol are raw materials for producing polyester, and the high inventory of polyester and the decline of production capacity will also suppress the two products in the demand level.

    afterword

    When the crude oil ended "five plus Yang", PTA immediately began to go down. "Ethylene glycol" continued to rise under the impetus of low inventory. But in the long run, downstream weave In the future, the future of PTA and ethylene glycol will not be very optimistic if the demand for production is insufficient and the new equipment will be put into operation.

    • Related reading

    Take The Labor Medal Of May 1 To Rely On The Real Skills, The Eight Provinces, One City And The 50 People Compete In Fujian For "The Most Cattle Warp Knitting Workers".

    Daily headlines
    |
    2019/12/10 21:09:00
    0

    230 Million How To Catch The New Consumption Demand Of The Z Generation? This Clothing Growth Brand Conference Has More Information.

    Daily headlines
    |
    2019/12/10 21:09:00
    0

    Shantou'S "Two Tides" Underwear Development Path, Will The Future Textile Industry Of Chaoyang, Chaonan And Puning Continue To Support Underwear Growth?

    Daily headlines
    |
    2019/12/10 21:09:00
    0

    A Hot Review Of The Week: A Quick Look At The News Events In Textile And Garment Industry At Home And Abroad (12.2-12.6)

    Daily headlines
    |
    2019/12/10 21:07:00
    0

    Hold 50 Ups And Downs! In November, The Prosperity Index Of Textile And Garment Market In China Dropped.

    Daily headlines
    |
    2019/12/10 21:06:00
    0
    Read the next article

    AF1 Shoes New Bronzing, Army Green Two Satin Color Exposure, Temperament Outstanding.

    AF1 shoes new bronzing, army green two satin color exposure, temperament is outstanding about tide shoes NIKE tide brand information, synchronous share sale time and

    主站蜘蛛池模板: 美女被羞羞网站免费下载| 美女被无套进入| 国产精品福利久久| 一级特黄女**毛片| 日韩福利在线视频| 亚洲欧洲国产经精品香蕉网| 福利网址在线观看| 国产一区二区三区在线影院| 国产小视频91| 国产精品成人第一区| 99精品国产在热久久婷婷| 成人久久久久久| 久久久亚洲欧洲日产国码二区| 极品一线天馒头lj| 亚洲成a人片在线观看精品| 用被子自w到高c方法| 卡一卡2卡3高清乱码网| 被男按摩师添的好爽在线直播 | 狠狠色先锋资源网| 吃奶摸下高潮60分钟免费视频 | 色视频www在线播放国产人成| 国产真实乱16部种子| 69av在线播放| 在线拍揄自揄在线播放| jizz国产精品网站| 强迫的护士bd在线观看| 中文字幕日韩欧美一区二区三区 | 欧美成视频在线观看| 亚洲经典在线中文字幕| 男女深夜爽爽无遮无挡我怕 | 51影院成人影院| 国产精品成人观看视频国产奇米| 91精品国产麻豆福利在线| 在线视频一二三区2021不卡| www.成年人| 欧美高清性XXXXHDVIDEOSEX| 伊人久久大香线蕉综合电影| 精品久久人人妻人人做精品| 午夜福利试看120秒体验区| 美女毛片一区二区三区四区| 四虎影院成人在线观看俺也去色官网|