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    Downstream Partial Turnover Is Acceptable - Daily Chemical Fiber Market Bulletin (5.19)

    2020/5/20 18:33:00 0

    Chemical Fiber Market

       Raw material Market

    On 1.5 June 18, New York crude oil futures rose 2.39 US dollars in June, tied 31.82 yuan / barrel, and Brent futures rose 2.31 US dollars in July, settling 34.81 yuan / barrel.

    On 2.5 18, Japan's naphtha increased by 32 US dollars to 284.88 US dollars per ton.

    3. opening this week, Asia's market for para xylene rose. Its price was $499.92 / ton CFR Taiwan / Mainland China and 481.92 US dollars / ton FOB Korea, up 14.92 US dollars / ton last Friday. Para xylene market continues to get directions from relevant markets.

    4. in the afternoon, PTA futures shook, and the main port of Hong Kong was quoted for 09 yuan. The contract was 140-145 yuan, with a discount of 150-155 yuan. Today, PX is strong and small. The 7 monthly report was 518vs497 dollars / ton. In August, it was handed over to US $510 / ton, and the PTA external supplier's daily offer was maintained at 435 US dollars / ton.

    5. afternoon MEG futures continued to shake up, and the spot reported 3540 yuan / ton near the delivery of 3530 yuan / ton near 6 yuan next month reported 3610 yuan / ton. In the afternoon, MEG was mainly caused by external shocks. In June, the shipment was quoted at 420 US dollars / ton, or slightly more than 415 yuan per ton.

    6. Yisheng Petrochemical Company's selling price of PTA US dollars was maintained at US $435 / ton in May 19th.

    7. compared with yesterday, PTA's internal market was stable at 3455 yuan / ton, MEG's internal market rose 15 to 3553 yuan / ton, and polyester cost increased 5 to 4144 yuan / ton.

    8. the Huaxi Village Mercantile Exchange ethylene glycol 2007 closed at 3662, down 6 points, traded 3672 hands, increased 1576 hands to 73636 hands.

    Downstream dynamics

    1. today, the PTA futures trend is volatile, and the quotation of polyester factories in Zhejiang market is still up. Downstream textile enterprises Procurement enthusiasm has dropped somewhat yesterday, mostly based on just needed replenishment, partial turnover is acceptable. It is expected that the center of polyester filament will be mildly cleaned 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 6450-6550 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8300-8500 yuan / ton.

    2. today, the turnover atmosphere of Jiangsu and Zhejiang has been significantly lower than that of yesterday. Some factories were better, some POY production and marketing were 30%, 50%, 90%, 40%, 60%; some FDY production and sales were 65%, 90%, 80%, 200%, 200%; some DTY production and marketing were 200%, 200%, 200%, and 60%.

    3. today, Jiangsu and Zhejiang semi light chip market is more popular, and heard that the mainstream orders are in the vicinity of 4700-4800 yuan / ton (cash), and the local turnover is slightly higher.

    4. this morning, Jiangsu and Zhejiang polyester staple fiber manufacturers' quotations are again raised by 100 yuan, and the trading atmosphere is general. 1.4D's mainstream offer is around 6000-6100 yuan / ton, and it is a single negotiation or about 5750-5900 yuan / ton.

    5. Hengyi Petrochemical polyester staple fiber quotation increased by 100. At present, 1.4D offers 6100 yuan / ton cash in short distance.

    6. the price of PET staple in Jiangyin is raised, and the 1.4D cotton quotation is available at 6100 yuan / ton.

    7. Jiangyin Huahong direct spinning polyester short quotation increased by 100 yuan / ton, 1.4D half light quotation in 6000-6100 yuan / ton short distance to deliver.

    8. Ningbo Qudi polyester staple fiber price concessions to maintain reduction, 1.4D half light reported 6000 yuan / ton factory, large volume discount 100, imitation feather 1.2D*32 price 6300 including tax, factory sales, Limited sales.

    9. the market price of polyester staple fiber in Shandong and Hebei has risen slightly, and the trading atmosphere is generally normal. There is only a single round of negotiations between half 1.4D or 5850-5950 yuan / ton.

    10. the price of Fujian polyester staple fiber market has risen slightly, the atmosphere of the deal has been general, and the 1.4D quoted price is 6100 yuan / ton short distance to deliver, solid negotiation or 5800-5900 yuan / ton.

    11. recently, the price of low melting point polyester staple fiber is relatively stable. Some manufacturers offer 4D price of 7800 yuan / ton.

    12. under the slight rise of polyester and short raw materials and downstream orders, the price of pure polyester yarn in Shengze area has slightly risen, the mainstream of T32S is 9800-9900 yuan / ton, and the mainstream of T50S is around 11700-11800 yuan / ton.

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