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    Jiangsu And Zhejiang Polyester Production And Sales Volume In Local Areas -- Daily Chemical Fiber Market Express (7.14)

    2020/7/15 20:49:00 2

    Chemical Fiber Market

       Raw material Market

    1. On July 13, New York crude oil August futures fell $0.45 to 40.10 yuan / barrel; Brent September futures fell $0.52 to settle at 42.72 yuan / barrel.

    2. On July 13, Japanese naphtha fell by US $12.37/t to US $391.38/t.

    3. On July 13, the value of p-xylene in Asia was at US $539 / T CFR Taiwan / Mainland China and US $521 / T FOB Korea, respectively, down $1 / T from July 9. The p-xylene market lacks direction guidance, and aromatics production profit is also squeezed. Affected by the continuous impact of the epidemic, global demand and production have been weakened, and the spot supply is sufficient, so it is difficult for the market to rebound strongly in the short term.

    4. In the afternoon, the decline of PTA futures was narrowed. In the next week, the basis discount of main port supply was 70-75 yuan for 09 contracts, 80-85 yuan for delivery, and 3480-3510 yuan / ton for negotiation. PX is weak today. In August, the ship offered us $530 / T, and in September it offered us $553vs 526 / T. PTA's external supplier quoted us $450 / T for one-day tour, and the shipping negotiation reached US $420-430 / T.

    5. In the afternoon, MEG futures fluctuated, and the spot discount 09 contract was around 90-100 yuan. This week's goods offer is around 3400 yuan / ton, the bid is around 3395 yuan / ton, and the next week's goods are around 3410 yuan / ton. In the afternoon, MEG futures rose, and the US dollar market bid was pushed up. Recently, there was not much shipping offer, and the low price was reluctant to sell. The bid was slightly within 420 USD / T.

    6. Eason Petrochemical Co., Ltd. kept the selling price of PTA at 450 USD / T on July 14.

    7. The commissioning of a new MEG unit with a capacity of 500000 tons originally scheduled for commissioning from July to August in South China is delayed, and the commissioning is planned to be conducted at the end of August and the beginning of September.

    Compared with yesterday, PTA fell 35 to 3490 yuan / ton, MEG fell 10 to 3422 yuan / ton, and the converted polyester cost fell 33 to 4130 yuan / ton.

    9. Ethylene glycol in Huaxi Village commodity exchange closed at 3570 in 2009, up 38 points, with 25834 lots traded and 4044 hands reduced to 48930.

    Downstream dynamics

    1. Today, PTA futures trend shocks finishing, Zhejiang market polyester factory quotation more stable, some still have a small adjustment. Downstream continued to maintain just needed replenishment, more cautious for the feedback of promotion, market trading is still flat. It is expected that the trend of polyester filament center of gravity in the short term is narrow range finishing. At present, the mainstream quotation of POY 100D / 36F is 5200-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

    50% for DTY, 50% for DTY, 100% for partial production and sales, and 100% for partial production and sales.

    3. The trading volume of semi light chip market in Jiangsu and Zhejiang is flat. It is heard that the main demand order negotiation is around 4450-4550 yuan / ton (cash).

    4. This morning, the quotations of some manufacturers of Jiangsu and Zhejiang polyester staple fiber were lowered, and the preferential negotiation for shipment was made. The mainstream quotation of 1.4d was about 5350-5550 yuan / ton, and the actual price was about 5300-5400 yuan / ton, which was slightly higher.

    The price of polyester fiber in Ningbo will be reduced to 5.5 yuan per ton, including silicon.

    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. Fujian polyester staple fiber market quotation is maintained, trading atmosphere is light, and shipment is negotiated. 1.4d offer is 5550 yuan / ton, short distance delivery, and actual order negotiation or 5400-5500 yuan / ton.

    In the near future, the melting point of staple fiber is about 7500 tons, and the market price is stable at around 7500 yuan.

    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.

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