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    There Is Partial Discount In Polyester Trade In Jiangsu And Zhejiang Province Daily Chemical Fiber Market Bulletin (6.22)

    2020/6/23 12:52:00 0

    Chemical Fiber Market

       Raw material Market

    On 1.6 June 19, New York crude oil futures rose 0.91 US dollars in July, tied 39.75 yuan / barrel, and Brent futures rose 0.68 US dollars in August, settling 42.19 yuan / barrel.

    On 2.6 19, Japan's naphtha increased by 22.12 US dollars to 387.75 US dollars per ton.

    3. started or cut down, and the supply of goods in August was tight. Asian PX rose 22.33 US dollars to 578 dollars / ton on Friday. CFR, China's Taiwan / Mainland China and 560 US dollars / ton FOB Korea reached a new high of 14 weeks. The balance between supply and demand fundamentals and production profits of PX and PTA will be the focus of the industry in the coming months. 8/9 futures rose from 10 US dollars to 6 US dollars per ton. Jiangyin PTA big plant stopped in May 19th and started heating up in June 18th. It is expected to be released this weekend, which also boosted the PX market. However, the slow recovery of downstream demand, coupled with PTA manufacturers or reduced profits due to shrinking profits, the persistence of the PX rally is also cautiously anticipated.

    4. afternoon PTA futures are weak, spot discount 09 Contract 90 yuan, delivery 95-100 yuan, the afternoon end of the month negotiated discount 100 yuan. 7 in mid month, the supply price is 70-80 yuan. Today, PX is in the center of gravity. In August, the shipment was delivered to US $585vs567 / ton, 9 US $591 / ton monthly, and the PTA external supplier's one day tour price rose to $460 / ton, and the shipping volume was $425-435 / ton.

    5. afternoon MEG futures market shock finishing, spot discount 09 contract 130 yuan near, spot reported 3570 yuan / ton, delivery 3565 yuan / ton nearby. 7 next month 3630 yuan / ton nearby. In the afternoon, the MEG external market was narrow, and the center of gravity was slightly weaker. In July, the shipping quote was close to $425 / ton, and the delivery rate was $420 / ton, and the amount was $420-425 / ton.

    6.. Compared with yesterday, PTA's internal market fell 20 to 3605 yuan / ton, MEG's internal market fell 20 to 3577 yuan / ton, conversion polyester cost fell 24 to 4281 yuan / ton.

    7. the Huaxi Village Mercantile Exchange glycol 2008 closed at 3660, down 18 points, traded 31246 hands, increased 174 hands to 72066 hands.

    Downstream dynamics

    1. today, PTA futures trend is weak, Zhejiang market polyester factory quotes continue to be stable, the actual deal can negotiate concessions. Downstream purchasing enthusiasm is not high, maintain just need replenishment. Individual factories shipped slightly better, but the overall trading atmosphere is still relatively cold. It is expected that the centre of gravity of polyester filament will tend to be weak in the short term. At present, the mainstream of POY100D/36F quotation is between 5850-5950 yuan / ton, and the mainstream of FDY75D/36F quotation is between 6600-6700 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8450-8650 yuan / ton.

    2. today, the turnover of polyester and silk in Jiangsu and Zhejiang provinces is still light. Some factories are better. Some POY production and marketing are 30%, 60%, 20%, 50% and 30%; some FDY production and sales are 25%, 30%, 100%, 50% and 60%; some DTY production and marketing are 60%, 60%, 50%, and 30%.

    3. today, Jiangsu and Zhejiang semi gloss slice Market is dull, heard of some small and medium-sized demand for small and medium-sized negotiations in the vicinity of 4700-4800 yuan / ton (cash).

    4. this morning, Jiangsu and Zhejiang polyester staple manufacturers offer most of the stable price, talk about shipping, 1.4D mainstream offer at 5900-6100 yuan / ton, solid negotiation or about 5700-5800 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 staple fiber market in Fujian maintained a stable stalemate. The trading atmosphere was light, and the shipment was negotiated. The 1.4D quoted price was 6100 yuan / ton short distance delivery, solid negotiation or 5800-6000 yuan / ton.

    7. the low melting point polyester staple fiber prices are stable, and the goods are relatively stable. Some manufacturers offer 4080 yuan at 7700-8000 yuan / ton, and the mainstream is single negotiated or about 7600-7800 yuan / ton.

    8. 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.

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