July PX ACP Price Talks Fruitless Daily Chemical Fiber Market Bulletin (7.1)

　　 Raw material Market

On 1.6 June 30, New York crude oil futures in August dropped 0.43 US dollars, tied 39.27 yuan / barrel, and Brent futures fell 0.56 US dollars in August, settling 41.15 yuan / barrel.

On 2.6 30, Japan's naphtha increased by 22.50 US dollars to 379.25 US dollars per ton.

On 3.6 February 30, the price of para xylene in Asia edged up 4 US dollars / ton, respectively, at 535 US dollars / ton CFR Taiwan / Mainland China and 517 US dollars / ton FOB Korea.

4. afternoon PTA futures continued to shake, the spot offer basis premium 09 contract 75 yuan, individual suppliers in the afternoon buy back delivery at the discount of 75 yuan level, negotiating at 3555-3570 yuan / ton (self mention). Today, PX is the main shock. In August, the shipment was quoted at 545 US dollars / ton; 9 monthly offer was US $560 / ton; the PTA external supplier's one day tour price was maintained at 455 US dollars / ton, and the shipping negotiable estimate was US $420-425 / ton.

5. MEG futures in the afternoon are in a narrow range, and the spot discount 09 contracts are 120-130 yuan. The spot report is 3480 yuan / ton, the delivery rate is 3475 yuan / ton, and 8 yuan next month reports 3580 yuan / ton. In the afternoon, MEG's external market was weak and volatile. In July, the shipping offer was slightly offset in the range of $420 / ton, and it was handed over to US $410 / ton, and it was estimated that it would remain close to US $415 / ton. 6. Yisheng Petrochemical Company's selling price of PTA US dollars was maintained at US $455 / ton in June 30th.

6. Yisheng Petrochemical Company's selling price of PTA US dollars was maintained at US $455 / ton in July 1st.

7. it is reported that the price of PX ACP in July was fruitless and there was no ACP price in July, and the final offer was $620vs450 / ton.

8. Hengli petrochemical July 2020 PTA contract pre payment of 3800 yuan / ton (cash).

9. compared with yesterday, PTA's internal market fell 10 to 3555 yuan / ton, MEG's internal market fell 12 to 3485 yuan / ton, conversion polyester cost fell 13 to 4207 yuan / ton.

10. the Huaxi Village Mercantile Exchange glycol 2008 closed at 3556, trading 28108 hands, holding 4074 to 65568 hands.

Downstream dynamics

1. today, PTA futures trend is weak, sorting, Zhejiang market polyester factory quotes more stable, partial preferential strength has narrowed. Downstream textile enterprises Procurement enthusiasm is low, continue to digest the hands of inventory, polyester market turnover atmosphere is not good. In the short term, the trend of polyester centroid is narrower. At present, the mainstream of POY 100D/36F quotation is between 5550-5700 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6250-6350 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8150-8300 yuan / ton.

2. today, Jiangsu and Zhejiang polyester trading situation is light, some POY production and marketing in 30%, 10%, 60%, 20%, 20%; part of FDY production and sales are 20%, 30%, 80%, 70%, 30%; part of DTY production and marketing for 30%, 30%, 70%,

3. this morning, Jiangsu and Zhejiang polyester staple fiber manufacturers offer most of the stable price, wait-and-see mentality is strong, talk about shipping, 1.4D mainstream quotation in 5600-6000 yuan / ton, about single negotiation or about 5500-5700 yuan / ton, a single talk.

4. Ningbo Qudi polyester staple fiber price maintenance, 1.4D half light report 5600 yuan / ton factory, a car discount 50, three car discount 100, imitation feather and silicon price 6000 yuan / ton tax included factory. The market prices of polyester staple fiber in Shandong and Hebei continue to be weak, and the talks are mainly about shipments. There is only a small talk about half 1.4D negotiations or 5600-5800 yuan / ton.

5. the quotation of Fujian polyester staple fiber market has been lowered, the trading atmosphere is light, and the shipment is being discussed. The 1.4D offer is 5800 yuan / ton short distance delivery, solid negotiation or 5600-5700 yuan / ton. Today, the market of low melting polyester staple fiber is stable, and the low melting point price of 4D is around 7500 yuan / ton.

6. the price of pure polyester yarn in Shengze area is weak, the mainstream of T32S is 9700-9800 yuan / ton, and the mainstream of T50S is around 11600-11700 yuan / ton.