Polyester Cost Rises 57 Yuan / T To 4164 Yuan / T

　　 Raw material Market

1. On July 10, New York crude oil August futures rose 0.93 US dollars to 40.55 yuan / barrel; Brent September futures rose 0.89 dollars to settle 43.24 yuan / barrel.

2. Japanese naphtha was flat at $403.75/t on July 10.

3. On July 10, there was little trading activity in the Asian PX spot market and few transactions were concluded. Due to the high inventory of end users and abundant market supply, the purchasing intention of futures is particularly weak. Therefore, the PX market structure presents a 15-20 USD / T futures premium structure.

The price of the futures contract fluctuated at the level of $85-09, and the price of water discount was $40.9. This offer is US $54420 / T, and the supplier's quotation is US $54420 / T, which is US $53430 / T.

5. In the afternoon, MEG futures fluctuated, and the spot discount 09 contract was around 90-100 yuan. The price of this week's goods is about 3435 yuan / ton, the bid is about 3430 yuan / ton, and the next week is about 3448 yuan / ton. In the afternoon, Meg's external offer was mainly firm. In the near future, the ship's offer was within 420 USD / T, the bid was above 415 USD / T, and the long-term premium was about 5 USD.

The selling price of petrochemicals remained at US $450 per ton on July 6.

7. A 4.5 million ton PTA plant in South China decreased by 70% yesterday and is expected to last for a week; another 1.25 million ton production line of a new 2.5 million ton PTA plant in Northeast China is planned to be put into trial operation this Saturday.

8. The other half of the production line of a new PTA plant in Northeast China was successfully put into operation on July 11, involving a production capacity of 1.25 million tons. Previously, the first 1.25 million ton production line of the plant was officially put into operation on June 28.

9. It is reported that a 4.5 million ton PTA plant in South China was shut down on Saturday and restarted on Sunday. At present, the load is increasing.

10. It is reported that a 2.2 million ton PTA plant in East China failed to stop at the end of last week and is expected to recover in a short time.

11. A set of 250000 tons coal MEG plant in Inner Mongolia has been shut down for maintenance recently, and it is estimated that the plant will be shut down for about 20-25 days.

12. Compared with last Friday, PTA rose 50 to 3525 yuan / ton, MEG rose 42 to 3432 yuan / ton, and polyester cost increased by 57 to 4164 yuan / ton.

13. PTA increased by 50 to 3525 yuan / ton, MEG increased by 42 to 3432 yuan / ton, and converted polyester cost increased by 57 to 4164 yuan / ton.

Downstream dynamics

1. The trend of PTA futures is strong and volatile today. The polyester prices in Zhejiang market are mainly stable, and some factories still have a small rise and fall adjustment. Downstream procurement is still cautious, mainly replenishment. FDY shipment is better, but the transaction of POY and DTY is still weak. It is expected that the trend of polyester filament center of gravity in the short term is narrow range finishing. At present, the main quotation of POY 100D / 36F is 5200-5400 yuan / ton, that of FDY 75D / 36F is 5800-5900 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

2. There are obvious differences in the transaction of polyester in Jiangsu and Zhejiang, FDY shipment is good, part of POY production and sales in 30%, 50%, 40%, 60%, 80%; some FDY production and sales are 100%, 100%, 280%, 100%, 150%; some DTY production and sales are 90%, 180%, 70%, 80%, 80% and 80%.

Today's small and medium-sized enterprises need to pay attention to the low-end part of the market.

4. This morning, the price of Jiangsu and Zhejiang polyester staple fiber was adjusted in a weak way, and preferential negotiation was made for shipment. The mainstream quotation of 1.4d was about 5350-5550 yuan / ton, and the actual price was about 5300-5450 yuan / ton.

5. The price of Ningbo Quandi polyester staple fiber is reduced by 50, and the price of 1.4d semi light is 5350 yuan / T, including tax, and the price of imitation down and silicon is 6000 yuan.

6. The market price of polyester staple fiber in Shandong and Hebei has been adjusted, mainly through preferential negotiation, and the trading atmosphere is not good. The semi gloss 1.4d negotiation or 5400-5550 yuan / ton is near.

7. The quotation of Fujian polyester staple fiber market was lowered, the trading atmosphere was light, and the shipment was negotiated. The price of 1.4d was 5500-5600 yuan, which was delivered in short distance, and the actual order was negotiated or 5400-5550 yuan.

8. The market of low melting point polyester staple fiber remains stable, and the price of 4D low melting point is about 7500 yuan / ton.

9. The price of pure polyester yarn in Shengze is weak, with the mainstream of t32s at 9700-9800 yuan / ton and t50s at about 11600-11700 yuan / ton.