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    Weak Polyester Production And Sales Today

    2020/7/21 19:32:00 0

    Chemical Fiber Market

      

    Raw material Market

    1. On July 18, New York crude oil August futures fell $0.16 to settle at 40.59 yuan / barrel; Brent September futures fell $0.23 to settle at 43.14 yuan / barrel.

    US $372.18/ton of naphtha fell to US $372.18/ton in December.

    On March 18, Asian PX prices fell $4.33 to US $542 / T CFR Taiwan / Mainland China and US $524 / T FOB Korea, up US $2 on the week. Upstream ice Brent crude oil futures fell 36 cents to $43.09/barrel in September. CFR Japanese naphtha fell $4.13 to $379.125/t, with the price difference with PX of $162.875/t, higher than the July to date average of $148.6/t. The atmosphere of downstream polyester industry is not good, the demand is still sluggish, and the recovery signs are not clear. Therefore, the supply and demand fundamentals of PX have not changed, and it will take time to rebalance. The latest price difference between PTA and PX is 79.57 USD / T, which is not much different from the average value of 80.8 USD / T since July.

    4. PTA is weak in the afternoon. The spot main port goods source offers a discount of RMB 55-65 for the contract and RMB 65-70 for the bid. The reference range of spot negotiation is RMB 3530-3570 / T, and the discount of warehouse receipt transaction is RMB 55. Today, PX was weak in shock. In September, the shipping price was 548 vs 518 US dollars / ton, and in October it was 565 US dollars / ton. The quotation of PTA external suppliers for one-day tour fell to 445 US dollars / ton, and the ship goods were discussed at 415-425 US dollars / ton.

    The spot price of MEG near the spot contract fluctuated at 5-90 yuan in the afternoon. This week's goods offer is around 3495 yuan / ton, the bid is about 3490 yuan / ton, and the next week's goods is about 3515 yuan / ton. In the near future, the price of US $420 / T was slightly higher than US $3 / MEG.

    6. On July 20, the selling price of PTA in USD fell by 5 USD to 445 USD / T.

    7. Compared with yesterday, PTA fell 30 to 3455 yuan / ton, MEG rose 25 to 3500 yuan / ton, and polyester cost fell 17 to 4127 yuan / ton.

    8. Ethylene glycol in Huaxi Village commodity exchange closed at 3608 in 2009, up 12 points, trading 25992 lots, and the position increased by 3812 hands to 46626 hands.

    Downstream dynamics

    1. PTA futures are weak and volatile today. The prices of polyester factories in Zhejiang market are mainly stable, and some preferential policies have been expanded. Downstream textile enterprises still maintain just need replenishment, cautious wait-and-see atmosphere is relatively strong, polyester transaction weak. It is expected that the center of gravity of polyester will continue narrow finishing in the short term. At present, the main quotation of POY 100D / 36F is 5150-5300 yuan / ton, that of FDY 75D / 36F is 5800-5900 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

    2. Today, the transaction situation of Jiangsu and Zhejiang polyester fiber is light, and some factories are better, some POY production and sales are 50%, 35%, 40%, 50%, 60%; some FDY production and sales are 50%, 40%, 55%, 20%, 60%; some DTY production and sales are 124%, 50%, 80%, 100% and 60%.

    3. The market of semi light chips in Jiangsu and Zhejiang has recovered, and some factories have better shipment. It is heard that the mainstream order negotiation is around 4450-4550 yuan / ton (cash).

    4. This morning, the quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers was basically maintained and the shipment was negotiated. The mainstream quotation of 1.4d was about 5350-5550 yuan / ton, and the actual price was about 5250-5350 yuan / ton, which was slightly higher. Lack of market support, downstream procurement cautious.

    5. The quotation of Ningbo Quandi polyester staple fiber will be reduced by 50, and the price of 1.4d semi light will be 5300 yuan, including tax. It will produce 6000 imitation down and 6000 silicon 3D hollow.

    6. The market price of polyester staple fiber in Shandong and Hebei is slightly weak, with preferential negotiation for shipment, and downstream procurement on demand. Semi gloss 1.4d negotiation or 5350-5450 yuan / ton.

    The price of short haul polyester fiber is 530 yuan / 5 500 tons, and the price is low in Fujian.

    8. In recent years, 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 area showed a downward trend, with the mainstream of t32s at 9300-9500 yuan / ton and t50s mainstream at about 11100-11300 yuan / ton.

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