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    Textile Enterprises Procurement Enthusiasm Low - Daily Chemical Fiber Market Bulletin (6.11)

    2020/6/12 10:26:00 143

    Chemical Fiber Market

       Raw material Market

    On 1.6 June 10, New York crude oil futures rose 0.66 US dollars in July, tied 39.6 yuan / barrel, and Brent futures rose 0.55 US dollars in August, settling 41.73 yuan / barrel.

    On 2.6 10, Japan's naphtha increased by 5.50 US dollars to 351.63 US dollars per ton.

    On 3.6 February 10, the market value of Asia's p-xylene was 525.33 US dollars / ton CFR Taiwan / Mainland China and 507.33 U.S. dollars / ton FOB Korea, a slight reduction of 3 US dollars / ton compared with the previous trading day. The market keeps dropping, while the downstream market has different trends.

    4. afternoon PTA futures are weak and volatile, and the main port cargo offer discount is 09 yuan, 85 yuan, 95 yuan for discount, 3590-3620 yuan / ton, and 70-75 yuan for July. Today, PX is the main shock. In August, the shipment was delivered to US $548vs526 / ton, and the PTA external supplier's one-day tour price was maintained at $460 / ton, and the overall stalemate.

    5. MEG futures continued to weaken in the afternoon. The spot discount 09 contract was 120 yuan. This week, the goods were reported to be around 3570 yuan / ton, passing around 3560 yuan / ton, and 7 yuan next month reported 3630 yuan / ton. In the afternoon, MEG bought the gas on the outside market weakened, the recent shipping offer was near $425 / ton, and the delivery rate was 420 dollars / ton, and the trading atmosphere was more cautious.

    6. Yisheng Petrochemical Company's selling price of PTA US dollars was maintained at US $460 / ton in June 11th.

    7. a 400 thousand ton PTA plant in Shanghai delayed the restart for about a month until June 22nd, after which the device was shut down for about a month in May 18th.

    8. compared with yesterday, PTA's internal market fell 40 to 3595 yuan / ton, MEG's internal market fell 25 to 3580 yuan / ton, conversion polyester cost fell 43 to 4273 yuan / ton.

    9. the Huaxi Village Mercantile Exchange glycol 2008 closed at 3646, trading 32596 hands, holding 5292 to 68586 hands.

    Downstream dynamics

    1. today, the trend of PTA futures is still weak, and the quotations of polyester factories in Zhejiang market continue to be stable, with a slight reduction in individual cases. Downstream textile enterprises Procurement enthusiasm is low, digest inventory mainly, the market trading atmosphere is not good. It is expected that the centre of gravity of polyester filament will be maintained in the short term. At present, the mainstream of POY 100D/36F quotation is between 5850-5950 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6700-6800 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8500-8700 yuan / ton.

    2. today, the turnover of polyester and silk in Jiangsu and Zhejiang provinces is still light. The production and sales of mainstream factories are mostly at 30-50% level, and some good factories are around 70%.

    3. today, Jiangsu and Zhejiang semi light section market trading is still light, I heard that the mainstream demand for orders just 4950-5050 yuan / ton (cash) nearby, local high or low.

    4. this morning, Jiangsu and Zhejiang polyester staple manufacturers offer the most stable prices. 1.4D's mainstream offer is around 6000-6200 yuan / ton, or a single negotiation or around 5750-6000 yuan / ton.

    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. Fujian staple fiber staple price basically maintained, the general atmosphere of delivery, negotiation of shipment, 1.4D offer 6100-6200 yuan short distance to deliver, solid negotiation or 5850-6000 yuan / ton.

    7. Shengze pure polyester yarn prices remain stable, T32S mainstream 9900-10000 yuan / ton, T50S mainstream in 11800-11900 yuan / ton.

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