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February 20Th Morning Market Report: Polyester Staple Fiber Price Rebound Is Not Possible.
1. focus today
The comprehensive operating rate of the downstream spinning mill is still around 20%, and the operating rate of the cotton mill in Changle, Fujian is only 30%-50%.
The seven rise in international crude oil futures has boosted the cost side, but the fundamentals of short-term supply and demand remain weak and the cost is hard to rise.
Yesterday, the sale of polyester staple fiber at low price was still acceptable, and the market began to resume gradually.
2. basic data of recent direct spinning polyester staple industry
International oil price rose seven, but the pressure of PTA warehouse was bigger, and the short-term cost could hardly rise in real terms. However, with the gradual resumption of downstream and transportation, the atmosphere of market trading has been heating up. However, because of the poor expectation of market recovery in the short term, buyers are buying more on demand and under pressure.
The comprehensive operating rate of the downstream spinning mill is still around 20%, and the operating rate of the cotton mill in Changle, Fujian is only 30%-50%.
The seven rise in international crude oil futures has boosted the cost side, but the fundamentals of short-term supply and demand remain weak and the cost is hard to rise.
Yesterday, the sale of polyester staple fiber at low price was still acceptable, and the market began to resume gradually.
2. basic data of recent direct spinning polyester staple industry
3. yesterday, polyester staple fiber and related products prices, start-up changes
International oil price rose seven, but the pressure of PTA warehouse was bigger, and the short-term cost could hardly rise in real terms. However, with the gradual resumption of downstream and transportation, the atmosphere of market trading has been heating up. However, because of the poor expectation of market recovery in the short term, buyers are buying more on demand and under pressure.
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