Open Door Price Increases In May, Can The Polyester Market Steadily Advance In The Second Half?

International oil prices soared 5 days before the May 1 holiday. As of the end of the day, the New York Mercantile Exchange's June light crude oil futures price rose 4.17 US dollars, closing at 24.56 US dollars per barrel, or 20.45%. Brent crude oil futures for July delivery rose 3.77 US dollars to close at $30.97 a barrel, or 13.86%. At the same time, oil prices have completed fifth consecutive days of "five Lian Yang" trend, the record of the longest consecutive days since July last year.

Stimulated by various overseas sources, such as the lifting of foreign oil and the price reduction of crude oil, the price of polyester rose by 50-150 yuan / ton on the 5 day in early trading, as follows: Tong Kun rose 100 yuan / ton. Kelvin DTY50D 120D rose 50 yuan / ton, 150D 600D rose 100 yuan / ton. Huaxin regular POY rose 100 yuan / ton, melt spinning POY price increased 50-100 yuan / ton, conventional FDY rose 100-200 yuan / ton, conventional DTY rose 100 yuan / ton, slice accounting price rose 100 yuan / ton. Yu Chen (Yang Yue) rose 100 yuan / ton. Haixin POY rose 100 yuan -150 yuan / ton. Sheng Hong most of the varieties rose 100 yuan / ton. Rongsheng DTY, POY rose 100 yuan / ton, FDY rose 100-200 yuan / ton, slicing rose 50 yuan / ton. Ying Xiang DTY, POY rose 100 yuan / ton, FDY rose 100-200 yuan / ton.

With the cost push of PTA plant, some pet factories continue to raise prices of some of the most popular products, and even appear to be closed. On the 6 day, a mainstream factory in Tongxiang rose more than 200-300 polyester. The mainstream factory in Jiangsu Shengze increased by 300-600 from May 1 to now. Jiangsu's Hengli FDY is up 200 today. Zhejiang's Kelvin DTY holiday has increased by 150-300 now. Xiaoshan's factory POY holiday has risen 350-450.

Raw materials have gone up, how about production and marketing? According to the data of CCF, most of the average production and sales were below 50% on 1-3 May, and began to be released on the 4 th. The average production and sales were 200%, and the individual sales reached 400% and 5 days.

The price rises are so sudden that some people ask, at present, the inventory pressure is high. Many employers choose to stop production before the May 1 holiday. In fact, the industrial structure of chemical fiber raw materials is dominated by leading enterprises, compared with the weak voice of downstream weaving, and can not play the role of price driving.

The rising price of chemical fiber shows that the market has better expectations for orders in May. Countries and regions have been planning to restart the economic plan, and the foreign trade market has been gradually restored. Governments in various regions are also promoting relevant industry support policies to stimulate the domestic market. Can the polyester market continue to advance steadily in the second half?

Xiaobian believes that the key is to see whether the epidemic has been completely improved. At present, the chemical fiber raw materials market mainly adopts the strategy of advance and retreat. First, the high price is high, the right is advanced, the wrong is callback, and the overall situation is still decided by the end of the epidemic situation. Some experts warn that, at the present time, if the epidemic worsens in the territory if the economy is opened too soon, it will have an impact on the market. If the new curve of the diagnosis of new crown pneumonia appears again, the economy will stagnate again, which will damage the market sentiment.