Polyester Cost Increased 35 To 4264 Yuan / Ton Daily Chemical Fiber Market Bulletin (6.17)

　　 Raw material Market

On 1.6 June 16, New York crude oil futures rose 1.26 US dollars in July, tied 38.38 yuan / barrel, and Brent futures rose 1.24 US dollars in August, settling 40.96 yuan / barrel.

On 2.6 16, Japan's naphtha increased by 19.87 US dollars to 361 US dollars per ton.

On 3.6 May 16, as the PX valuation went on in March, and to the end of the PX declaration of mainland China / Taiwan in July, Asian PX prices rose with the upstream market price trend, rising 31 US dollars / ton compared with the previous day, to 547.33 US dollars / ton CFR mainland China / Taiwan and 529.33 US dollars / ton FOB Korea.

4. afternoon PTA futures shock mainly, spot offer discount 09 contract 75 yuan, delivery discount 85 yuan nearby, 7 months, the middle and lower source offer discount 70 yuan. Today, PX continues to rebound strongly. In August, the shipment was quoted at 563vs530 US dollars / ton, 9 US $573 / tonne a month, and the PTA external supplier's one day tour price quoted to 455 US dollars / ton.

5. in the afternoon, the MEG futures market was on the high side, and the spot discount 09 was 130 yuan. Spot reported 3510 yuan / ton, the delivery of 3505 yuan / ton near. In the afternoon, the MEG external market is still leveling up, and the recent shipping negotiation is estimated to be maintained at around $415 / tonne.

6. a 340 thousand ton MEG plant in East China has been restarted and will be released shortly before it was stopped in early May.

7. Yisheng Petrochemical sold PTA $5 in June 17th to US $455 to US $/ ton.

8. compared with yesterday, PTA's internal market rose 45 to 3615 yuan / ton, MEG's internal market fell 10 to 3502 yuan / ton, conversion polyester cost rose 35 to 4264 yuan / ton.

9. the Huaxi Village Mercantile Exchange glycol 2008 closed at 3610, trading 32016 hands, holding down 1288 to 73776 hands.

Downstream dynamics

1. today, PTA futures trend is sorted out, and the quotations of polyester factories in Zhejiang market are still dominated by stability. Downstream textile enterprises wait-and-see mentality still occupy the mainstream, just need replenishment. In addition to individual factories, the overall trading atmosphere of the market remains flat. It is expected that the center of gravity of polyester filament will remain narrow 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 8450-8650 yuan / ton.

2. today, Jiangsu and Zhejiang polyester trading situation is generally, individual factories are better, some POY production and marketing in 30%, 80%, 60%, 35%, 100%; part of FDY production and sales are 300%, 60%, 60%, 50%, 60%; part of DTY production and marketing for the 60%, 60%, 50%,

3. today, Jiangsu and Zhejiang semi light section market turnover atmosphere has turned pale, heard some rigid demand small and medium-sized negotiated in 4700-4800 yuan / ton (cash) nearby.

4. this morning, Jiangsu and Zhejiang polyester staple manufacturers offer most of the stable price, talk about shipping, 1.4D mainstream offer at 5950-6150 yuan / ton, solid negotiation or about 5700-5850 yuan / ton, a single talk.

5. Shandong and Hebei polyester staple market price adjustment is weak, talk about shipping is mainly, half 1.4D talk or 5750-5900 yuan / ton, near single negotiation.

6. the price of Fujian polyester staple fiber has been kept stable, the trading atmosphere is light, and negotiations have been made for shipment. The 1.4D offer is 6100 yuan / ton short distance, solid negotiation or 5800-6000 yuan / ton.

7. the price of pure polyester yarn in Shengze area is weak, the mainstream of T32S is 9900-10000 yuan / ton, and the mainstream of T50S is around 11700-11900 yuan / ton.