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    Zhejiang Polyester Quotation Steady And Down - Daily Chemical Fiber Market Bulletin (7.2)

    2020/7/3 13:04:00 0

    Chemical Fiber Market

       Raw material Market

    On 1.7 June 1, New York crude oil futures rose 0.55 US dollars in August, tied 39.82 yuan / barrel, and Brent futures rose 0.76 US dollars in September, settling 42.03 yuan / barrel.

    On 2.7 1, Japan's naphtha increased by 9.75 US dollars to 389 US dollars per ton.

    3.7 months, the market price of para xylene in Asia remained unchanged at 535 US dollars / ton CFR Taiwan / Mainland China and 517 US dollars / ton FOB Korea. P-xylene and PTA stocks are high, oversupply, while market participants lack confidence, putting pressure on the xylene market.

    4. afternoon PTA futures strengthened, spot offer discount 09 contract 70 yuan, delivery discount 70-80 yuan, spot traded 3599 yuan / ton (self mention). Today, the PX is weak. In August, the shipment was quoted at 534 US dollars / ton; in September, it was delivered to US $531 / ton, and the PTA external supplier's one day tour price was maintained at US $455 / ton, and the shipping negotiable estimate was estimated at US $420-425 / ton.

    5. in the afternoon, the MEG futures were up and up, and the spot discount 09 contract was 120-130 yuan. The spot report was 3495 yuan / ton, the delivery rate was 3485 yuan / ton, and 8 months later reported 3595 yuan / ton. MEG was slightly stronger in the afternoon. In July, the shipment was quoted at $420 / ton, with a turnover of US $415 / ton.

    6. Yisheng Petrochemical Company's selling price of PTA US dollars was maintained at US $455 / ton in July 2nd.

    7. northwest a 1 million 200 thousand ton PTA installation during the Dragon Boat Festival was restarted yesterday. It is expected that the product will be available tonight.

    8. compared with yesterday, PTA's internal market rose 5 to 3560 yuan / ton, MEG's internal market fell 5 to 3480 yuan / ton, conversion polyester cost rose 3 to 4210 yuan / ton.

    9. the Huaxi Village Mercantile Exchange glycol 2008 closed at 3576, up 24 points, traded 25438 hands, 6160 positions to 59408 hands.

    Downstream dynamics

    1. today, PTA futures trend collation, Zhejiang market polyester factory quotes steady down, the focus of the transaction is still declining. Downstream textile enterprises to maintain wait-and-see mentality, prudent just need replenishment, polyester market trading is still light. In the short term, the trend of polyester centroid is still dominated by weak finishing. At present, the mainstream of POY100D/36F quotation is between 5500-5600 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6200-6400 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8050-8200 yuan / ton.

    2. today, Jiangsu and Zhejiang polyester trading situation is light, some POY production and marketing in 30%, 40%, 46%, 30%, 30%; part of FDY production and sales are 70%, 20%, 20%, 80%, 80%; part of DTY production and marketing for 80%, 80%, 80%,

    3. today, the market of semi light chips in Jiangsu and Zhejiang is still weak. It is heard that the mainstream demand for orders is only 4550-4650 yuan / ton (cash), and some are slightly lower.

    4. the market prices of polyester staple fiber in Shandong and Hebei continue to be weak, preferential negotiation is mainly for shipping, and the trading atmosphere is poor. Half 1.4D or 5600-5750 yuan / ton.

    5. the market of Fujian polyester staple fiber is stable, the trading atmosphere is light, and the shipment is discussed. The 1.4D offer is 5800 yuan / ton short distance delivery, solid negotiation or 5600-5700 yuan / ton.

    6. the quotation of polyester staple fiber in a large factory in Jiangyin has been lowered, and the 1.4D cotton quotation has been exported at 5700 yuan / ton.

    7. this morning, Jiangsu and Zhejiang polyester staple fiber manufacturer's quotation is partially adjusted, and many concessions are negotiated for shipment. 1.4D's main quotation is around 5600-5900 yuan / ton, which is only negotiable or about 5500-5650 yuan / ton.

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