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    Polyester Cost Increased 68 To 4139 Yuan / Ton Daily Chemical Fiber Market Bulletin (5.18)

    2020/5/19 12:19:00 0

    Polyester CostChemical Fiber Market

       Raw material Market

    On 1.5 June 15, New York crude oil futures rose 1.87 US dollars in June, tied 29.43 yuan / barrel, and Brent futures rose 1.37 US dollars in July, settling 32.5 yuan / barrel.

    On 2.5 15, Japan's naphtha increased by 28.5 US dollars to 252.88 US dollars per ton.

    3. now PX is down, and the overall focus is still rising. The 7 monthly report is 515vs490, 8 monthly 530vs496, and the PTA external supplier's daily offer rose to 435.

    4. in the afternoon, PTA futures were volatile, and the main port of Hong Kong's stock market offered a discount of 09 yuan for 140 yuan, with a discount of 150-160 yuan. Today, PX is down, and the overall focus is still rising. The 7 monthly report is 515vs490 dollars / ton, 8 monthly delivery 530vs496 dollars / ton, and the PTA external supplier's daily offer rose to 435 U.S. dollars / ton.

    5. afternoon MEG futures were weak, spot reported 3520 yuan / ton, delivery 3510 yuan / ton near 6 yuan next month reported 3590 yuan / ton nearby. In the afternoon, the centre of gravity of MEG's outside market is still strong. The recent cargo offer is within the range of 425 US dollars / ton, with a turnover of US $415 / ton and a rise of about 5 dollars in the long term.

    6. Yisheng Petrochemical sold PTA $10 in May 18th to US $435 to US $/ ton.

    7. Hengli set up a 900 thousand ton MEG2# device. It had stopped before 14 days.

    8. a 400 thousand ton PTA plant in East China has been formally implemented in the planned maintenance this morning. It will last for about a month.

    9. a 500 thousand ton ethylene plant in East China failed to stop yesterday, and is ready to restart MEG.

    10. compared with last Friday, PTA's internal market rose by 80 to 3455 yuan / ton, and MEG's internal market fell 2 to 3538 yuan / ton, and the cost of converting polyester increased 68 to 4139 yuan / ton.

    11. the Huaxi Village Mercantile Exchange glycol 2007 closed at 3678, rose 10 points, traded 33206 hands, increased 560 hands to 72060 hands.

    Downstream dynamics

    1. today, PTA futures continue to strengthen, the Zhejiang market polyester factory quotes more stable, partial still small amplitude adjustment. Downstream textile enterprises to buy on demand, local transactions have been peed, the overall market atmosphere is more intense. It is expected that the center of polyester core will tend to be stronger in the short term. At present, the mainstream of POY 100D/36F quotation is between 5550-5650 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6350-6450 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8300-8450 yuan / ton.

    2. today, Jiangsu and Zhejiang polyester trading atmosphere is hot, part of POY production and marketing in 100%, 300%, 100%, 380%, 160%; part of FDY production and sales are 200%, 200%, 200%, 150%, 80%; part of DTY production and marketing for 80%, 80%, 150%, and.

    3. today, Jiangsu and Zhejiang semi light section market transactions generally heard that the mainstream orders discussed in the vicinity of 4600-4700 yuan / ton (cash).

    4. the market quotation of Fujian polyester staple fiber has been raised. The atmosphere of the trade is general. 1.4D offers 5900 yuan / ton short distance to deliver, solid negotiation or 5700-5800 yuan / ton.

    5. the market price of polyester staple fiber in Shandong and Hebei is up, and the trading atmosphere is very general. There is only a small talk between half 1.4D or 5750-5950 yuan / ton.

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