Zhejiang Polyester Keeps Stable And Some Rises -- Daily Chemical Fiber Market Express (7.23)

　　 Raw material Market

1. On July 22, New York crude oil August futures fell 0.02 US dollars to 41.9 yuan / barrel; Brent September futures fell 0.03 dollars to settle 44.29 yuan / barrel.

Japanese naphtha fell $0.25/t to $392.88/t on July 22.

3. Against the background of strong crude oil market, the price of p-xylene in Asia continued to rise on July 22, with prices at $544.5/t CFR Taiwan / Mainland China and US $526.5/t FOB Korea, up US $2.5/t compared with the previous trading day.

4. In the afternoon, PTA futures fluctuated more strongly, with the spot main port goods source discount of 09 yuan, the bid price of 60 yuan, and the negotiated transaction discount of 55 yuan; in the middle of August, the supplier negotiation discount was about 45 yuan. Today, PX has a strong shock. In September, the ship offered 564 vs 530 US dollars / ton, while in October it offered 576 US dollars / ton. The price of PTA external suppliers for one-day tour remained at 450 US dollars / ton.

Near the contract, the spot price of MEG is higher than 5-90 yuan in the afternoon. This week's goods offer is around 3570 yuan / ton, the bid is around 3565 yuan / ton, and the next week's goods is around 3590 yuan / ton. In the afternoon, Meg's external market rose, but the pursuit was cautious. Recently, the shipping offer is around $435 / T, and the bid is about $430 / T or slightly higher, so there is not much substantive discussion. 6. On July 22, the selling price of PTA in USD rose by 5 USD to 450 USD / T.

7. On July 23, the selling price of PTA in USD was maintained at 450 USD / T.

8. A 250000 ton new polymerization unit of Haining No.1 plant has been put into operation recently, and the silk production has been smoothly carried out this week. At present, half of the production line has been opened temporarily, and the complete dull POY is produced in this plant.

9. A set of 115000 T / a MEG plant in marushan, Japan, has been restarted, which was overhauled at the end of May. A set of 280000 T / a MEG plant in Mitsubishi of Japan was restarted in July after it had been shut down near May 11. A 115000 T / a MEG plant in Mitsui, Japan, has been restarted, having previously shut down in early June.

10. A set of MEG device with a capacity of 500000 tons in East China tripped unexpectedly last night, and the restart time was not determined.

11. The commissioning of a 600000 ton MEG plant from syngas in Xinjiang is delayed, which is expected to be postponed to mid and late August.

12. Compared with yesterday, PTA rose 5 to 3500 yuan / ton, MEG fell 2 to 3555 yuan / ton, and polyester cost rose 4 to 4183 yuan / ton.

13. Ethylene glycol of Huaxi Village commodity exchange closed at 3694 in 2009, up 30 points, trading 25616 lots, and the position decreased by 4154 hands to 51736 hands.

Downstream dynamics

1. The PTA futures trend is sorted out today, and the prices of polyester factories in Zhejiang market continue to be stable, and some are still up. Downstream on demand appropriate procurement, cautious wait-and-see mentality is still more obvious, polyester market overall trading atmosphere than yesterday weakened. It is expected that in the short term, the trend of polyester center of gravity will be narrow range finishing, and some parts may still be up. 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 7800-8000 yuan / ton.

2. Today, the transaction situation of Jiangsu and Zhejiang polyester fiber is generally good, some factories are better, some POY production and sales are 90%, 60%, 60%, 40%, 50%; some FDY production and sales are 100%, 150%, 90%, 100%, 60%; some DTY production and sales are 90%, 60%, 80%, 150%, 100%.

3. The atmosphere of transaction in the market of semi light chips in Jiangsu and Zhejiang is not so good. I heard that the mainstream order negotiation is around 4400-4500 yuan / ton (cash).

4. This morning, the quotations of Jiangsu and Zhejiang polyester staple fiber manufacturers were basically maintained, and some concessions were cancelled when the production and sales improved yesterday. However, the negotiation atmosphere today is obviously weaker than that of yesterday. The mainstream quotation of 1.4d is about 5350-5550 yuan / ton, and the actual order negotiation is about 5250-5400 yuan / ton. The small order is slightly higher, and the actual order negotiation is mainly for shipment.

5. Ningbo Quandi polyester staple fiber offer to maintain preferential cancellation, 1.4d semi light offer 5300 yuan, including tax factory, imitation down 6000, three-dimensional hollow silicon 6000.

6. The market of polyester staple fiber in Shandong and Hebei Province is maintained, mainly through preferential negotiation and shipment, mainly by downstream purchase on demand, and semi light 1.4d negotiation or 5300-5450 yuan / ton.

7. Fujian polyester staple fiber market quotation is stable, the trading atmosphere is light, and the shipment is negotiated. The 1.4d quotation is delivered in 5500 yuan / ton short distance, and the actual order is negotiated or 5350-5400 yuan.

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 is weak. The mainstream price of t32s is about 9300-9500 yuan / ton, and that of t50s is about 11100-11300 yuan / ton.