Polyester Production And Marketing Is Not Good Today -- Daily Chemical Fiber Market Bulletin (5.22)

　　 Raw material Market

On 1.5 June 21, New York crude oil futures rose 0.43 US dollars in July, tied 33.92 yuan / barrel, and Brent futures rose 0.31 US dollars in July, settling 36.06 yuan / barrel.

On 2.5 21, Japan's naphtha increased by 14.5 US dollars to 304.88 US dollars per ton.

3. when the market continued to be weak and the market performance was poor, the price of p-xylene in Asia dropped slightly 50 cents / ton on the previous day, which was 506.67 US dollars / ton CFR Taiwan / Mainland China and 488.67 FOB / ton FOB Korea.

4. afternoon PTA futures continued to be weak. The 09 spot contract was 130 yuan, with a discount of 140 yuan, and 120-125 yuan in the middle of 6 months. The atmosphere was light. Today, PX's center of gravity is weakening. The 7 monthly report is 500vs470 dollars / ton, and the PTA external supplier's daily tour price is maintained at $450 / tonne, and the atmosphere of negotiation is weak.

5. afternoon MEG futures are weak. The goods are reported to be around 3550 yuan / ton this week, with a delivery rate of 3540 yuan / ton, next week 3585 yuan / ton next week. In the afternoon, the centre of gravity of MEG's outside market continued to weaken. In June, the shipping quote was within 425 US dollars / ton, and the delivery rate was 415 US dollars / ton or slightly higher.

6. a total of 2 sets of 400 thousand tons of polymerization plants in a large factory in Xiaoshan today are scheduled to be servicing as scheduled. The repair time is about 20 days, involving POY, FDY and matching ammunition.

7. Yisheng Petrochemical Company's selling price of PTA US dollars was maintained at US $450 / ton in May 22nd.

8. the domestic mainstream supplier of polyester raw material contract settlement price was introduced in May 2020: PX is 4110 yuan / ton (Cheng Dui) (cash 4090 yuan / ton), PTA3700 yuan / ton, MEG3710 yuan / ton (Cheng Dui).

9. compared with yesterday, PTA's internal market fell 105 to 3470 yuan / ton, MEG's internal market fell 60 to 3560 yuan / ton, conversion polyester cost fell 110 to 4159 yuan / ton.

10. the Huaxi Village Mercantile Exchange ethylene glycol 2007 closed at 3652, down 76 points, traded 44800 hands, increased 12298 hands to 84450 hands.

Downstream dynamics

1. the trend of PTA futures is weak today. The price of polyester filament in Zhejiang market is mainly based on stability. Downstream textile enterprises Procurement enthusiasm continued to fall, mostly in wait-and-see, polyester production and marketing is not good. It is expected that the trend of polyester centroid will be narrower in the two-day weekend. At present, the mainstream of POY 100D/36F quotation is between 5700-5800 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6600-6700 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8600 yuan / ton.

2. today, Jiangsu and Zhejiang polyester trading situation continues to fall compared to yesterday, the mainstream factory production and marketing mostly 10-30%, good factories near 60%, individual can reach 90%.

3. today, the market of semi - light chips in Jiangsu and Zhejiang provinces is light. Some of the orders just need to be discussed in the vicinity of 4700-4800 yuan / ton (cash).

4. this morning, Jiangsu and Zhejiang polyester staple fiber manufacturers most stable quotations, trading atmosphere slightly weakened, the discussion center slightly downward float, 1.4D mainstream offer at 6000-6200 yuan / ton, real single negotiation or around 5800-5950 yuan / ton, a single talk.

5. the market prices of polyester staple fiber in Shandong and Hebei remained stable, and the negotiations were mainly about shipping. There was only a round of discussions between half 1.4D or 5900-6050 yuan / ton.

6. the market price of Fujian polyester staple fiber has remained stable and the trading atmosphere is relatively general. 1.4D offers 6200 yuan / ton short distance, solid negotiation or 5950-6050 yuan / ton.

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

8. Shengze pure polyester yarn prices are relatively stable, T32S mainstream 9800-10000 yuan / ton, T50S mainstream in 11700-11900 yuan / ton.