Demand Side Will Weaken Polyester Filament Prices Keep Falling Risk
According to the price monitoring of the business community, the domestic polyester filament market continued to show a slight upward trend this week. At present, the mainstream factories in Jiangsu and Zhejiang are polyester POY (150D/48F) at 6900-7200 yuan / ton, polyester FDY (150D/96F) 7350-7750 yuan / ton, polyester DTY (150D/48F low elastic) 8600-8950 yuan / ton.
This week, the average price of polyester filament market is rising or falling. The unit price is RMB / ton.
| product | 2019-12-16 | 2019-12-20 | Zhou ups and down | Year on year rise and fall |
| Polyester POY (150D/48F) | Seven thousand and forty-four | Seven thousand and eighty-four | 0.57% | -18.95% |
| Polyester FDY (150D/96F) | Seven thousand three hundred and ninety | Seven thousand five hundred and six | 1.58% | -20.82% |
| Polyester DTY (150D/48F low elastic) | Eight thousand six hundred and seventy-six | Eight thousand eight hundred and seven | 1.51% | -16.31% |
This week, raw material PTA spot market prices fell slightly, ending December 20th 4890 yuan / ton, compared with the beginning of the week fell 0.54%, down 26.23% compared to the same period. International oil prices continue to rise, the cost side and the macro mood warming to promote the PTA market, and Hengli petrochemical and Zhongtai Petrochemical announced the delayed commissioning of new devices during the week, to a certain extent, eased the market's pessimistic expectations for the PTA supply side. However, the restart of the Hon Bang petrochemical plant made PTA re-enter the storage cycle. At the same time, polyester gradually entered the stage of production reduction, and the demand side weakened further, leading to price weakening and downlink.
| Enterprise name | Capacity (10000 tons / year) | Device dynamics |
| Hon Bang petrochemical | Two hundred and twenty | Heating up on the 18 day, planning for 19 days. |
| China and Thailand petrochemical | One hundred and twenty | Postponed until 25-26 December. |
| Hengli petrochemical | Two hundred and fifty | Postponing the production period to the first half of 1, the original plan was put into operation before the end of December, and the time is to be determined. |
| Helen petrochemical | One hundred and twenty | Scheduled for late December maintenance |
| Chuan can chemical | One hundred | In November 1st, the fault stopped short, now the load is 8. |
| Jialong Petrochemical Company | Sixty | Car maintenance in August 2nd, restart to be determined |
Demand side, starting in December, the downstream market has entered the traditional off-season, and the demand for fabric and fabric is relatively weak. Manufacturers are insisting on buying and selling raw materials. The overall start up ratio of Jiangsu and Zhejiang looms has decreased. Most of the weaving enterprises have been dominated by "small batch and multi batches", and most of them have maintained a stable start. At present, the comprehensive boot rate of Jiangsu and Zhejiang looms is maintained at around 70%. Terminal factories and clothing orders in autumn and winter are almost at an end.
Xia Ting, a business analyst, believes that the current decline in oil production and the gradual increase in polyester production have contributed to the price of polyester filament. However, the new capacity of PTA is expected to be put into operation, and the supply side will become less pressurized. At the same time, from the end market, the holiday time ahead of the Spring Festival in 2020 is ahead of schedule, and the downstream manufacturers have begun to plan the holiday plan, and the market atmosphere will further go down. Pessimism will continue to diffuse. It is estimated that the market price of polyester filament will weaken next week.
- Related reading
The Winter Vacation Class Is Still Hot: Can Students Sign Up For Younger Age And Give Up Advanced Education?
|
- Finished shoes | AJ1 Shoes New Black And Blue Theme Color Exposure, Black And Blue Toes Atmosphere.
- Domestic data | Data Analysis: In 2019 1-11, Retail Sales Of Shoes And Hats And Garments Reached 12016 Billion Yuan, An Increase Of 3% Over The Same Period (Table).
- Enterprise broadcasting | Brand Recommendation: Originated From Hongkong'S More Than 10 Years Of Being Born In Humen, Constant Pay And Innovation Have Made Women'S Wear One Day.
- Fashion brand | Reebok X "Cat And Mouse" Brand New Shoes And Accessories Series Released, The Details Are Full.
- Fashion brand | AJ13 Shoes Brand New "CNY" Color Release, Copper Money Element Support.
- Fashion brand | UNDEFEATED X ASSC New Joint Series Single Product Preview, Year-End Benefits
- Fashion shoes | AJ1 Mid Shoes New "Laser Gun" Color Release, Shocking Eyeballs
- Fashion shoes | "Rose Golden Silk" Air Force 1 Exposure, Edison Chan Hit The Face?
- Fashion shoes | AF1 Low Shoes New Reflective Version Released, Hollowed Swoosh Plus
- Enterprise broadcasting | Brand Recommendation: The Natural Fragrance Of Eall.Cz Is Natural And Natural, Enjoying Life And Creating Life.
- AJ1 Shoes New Black And Blue Theme Color Exposure, Black And Blue Toes Atmosphere.
- Data Analysis: In 2019 1-11, Retail Sales Of Shoes And Hats And Garments Reached 12016 Billion Yuan, An Increase Of 3% Over The Same Period (Table).
- Brand Recommendation: Originated From Hongkong'S More Than 10 Years Of Being Born In Humen, Constant Pay And Innovation Have Made Women'S Wear One Day.
- Reebok X "Cat And Mouse" Brand New Shoes And Accessories Series Released, The Details Are Full.
- AJ13 Shoes Brand New "CNY" Color Release, Copper Money Element Support.
- UNDEFEATED X ASSC New Joint Series Single Product Preview, Year-End Benefits
- AJ1 Mid Shoes New "Laser Gun" Color Release, Shocking Eyeballs
- "Rose Golden Silk" Air Force 1 Exposure, Edison Chan Hit The Face?
- AF1 Low Shoes New Reflective Version Released, Hollowed Swoosh Plus
- Brand Recommendation: The Natural Fragrance Of Eall.Cz Is Natural And Natural, Enjoying Life And Creating Life.