Zhejiang Polyester Quotation Steady And Down - Daily Chemical Fiber Market Bulletin (5.28)

　　 Raw material Market

On 1.5 June 27, New York crude oil futures in July dropped 1.54 US dollars, tied 32.81 yuan / barrel, and Brent futures fell 1.43 US dollars in July, settling 34.74 yuan / barrel.

On 2.5 27, Japan's naphtha fell 4.5 US dollars to 307.38 US dollars per ton.

3. in the case of a decline in the broader market and a poor market for para xylene, the price of Asia's p-xylene recovered downward trend. The market valuation on Wednesday dropped by 7.5 US dollars compared with the previous trading day, at 481.17 US dollars / ton CFR Taiwan / Mainland China and 463.17 U.S. dollars / ton FOB Korea.

4. afternoon PTA futures recovered and rebounded slightly, and the base was basically stable. Spot main port offer discount 09 contract 125-130 yuan, delivery discount 135 yuan nearby. Today, the PX is weakening. In July, the shipment was delivered to US $479vs470 / ton. In August, the shipment was delivered to US $470 / ton, and the PTA external supplier's one day tour price was maintained at US $430 / ton.

5. afternoon MEG futures market shocks are up, next week goods reported 3600 yuan / ton near, delivery 3590 yuan / ton nearby. MEG buying in the afternoon has been promoted. In June, the shipping quotation was slightly higher than US $425 / ton, and the delivery rate was near us $420 / ton, and we talked about $420 / ton.

6. it is reported that a 1 million 300 thousand ton PX plant in Korea has been temporarily servicing for a period of 6 weeks.

7. Yisheng Petrochemical Company's PTA US dollar selling price was stable at 430 US dollars / ton in May 28th.

8. it is reported that a 700 thousand ton PTA plant in East China is scheduled to restart near June 10th, after parking in May 10th.

9. compared with yesterday, PTA's internal market rose 5 to 3485 yuan / ton, MEG's internal market fell 30 to 3568 yuan / ton, conversion polyester cost fell 6 to 4175 yuan / ton.

10. the Huaxi Village Mercantile Exchange ethylene glycol 2007 closed at 3686, down 4 points, traded 36316 hands, increased 3770 hands to 78646 hands.

Downstream dynamics

1. today, PTA futures maintain a trend of volatility. The Zhejiang market quotes for stable polyester products with a steady fall and partial promotions for one day. Downstream textile enterprises purchasing mentality is still cautious, is still mainly demand replenishment, promotion factory shipments slightly better, but the overall trading is still flat. In the short term, the core weight of polyester filament is weak. At present, the mainstream of POY 100D/36F quotation is between 5600-5700 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6550-6700 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8600 yuan / ton.

2. today, the turnover of polyester and silk in Jiangsu and Zhejiang provinces is uneven. The sales promotion factories are better. Some POY production and marketing are 400%, 200%, 100%, 230% and 70%; some FDY production and sales are 73%, 70%, 70%, 40% and 80%; some DTY production and marketing are 80%, 80%, 40%, and 70%.

3. today, Jiangsu and Zhejiang semi light section market is not much, heard the mainstream orders in 4650-4750 yuan / ton (cash) nearby, local high and low also exist.

4. this morning, Jiangsu and Zhejiang polyester staple manufacturers offer more stable prices and talk about shipments. 1.4D's mainstream offer is around 6000-6200 yuan / ton, a single negotiation or around 5650-5900 yuan / ton.

5. the market price of polyester staple fiber in Shandong and Hebei is slightly weaker, and the negotiation is mainly about shipping, and there is only a small talk between half 1.4D or 5800-5900 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 5800-5900 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.