Zhejiang'S Polyester Prices Are Mainly Stable -- Daily Chemical Fiber Market Express (7.28)

　　 Raw material Market

1. On July 27, New York crude oil August futures rose $0.31 to 41.6 yuan / barrel; Brent September futures rose 0.07 dollars to settle 43.41 yuan / barrel.

Japanese naphtha rose $3.00/t to $400.63/t on July 27.

3. On July 27, the price of p-xylene in Asia rose by 1.67 US dollars / ton compared with July 24, reaching US $551.67/t CFR Taiwan / Mainland China and US $533.67/t FOB Korea respectively. In the case of chaotic market trend, p-xylene market negotiation price continued to consolidate.

4. In the afternoon, PTA futures were strong and the basis was stable. In the first and middle of August, the supplier negotiated a discount of 35-40 yuan. The PX is fluctuating today. In September, the shipping price is 568 US dollars / ton, and in October it is 580 vs 551 US dollars / ton. The quotation of PTA external suppliers for one-day tour remains 455 US dollars / ton, and the shipping intention is about 430 US dollars / ton or slightly less.

5. MEG futures were weak in the afternoon. The next week's goods offer is around 3655 yuan / ton, the bid is about 3650 yuan / ton, and in August, the goods are quoted at 3725 yuan / ton. In the afternoon, MEG external market was quiet. Recently, the shipping offer is slightly within 440 USD / T, and the bid is slightly above 435 USD / T, with few substantial transactions.

6. On July 28th, the selling price of PTA in USD was maintained at 455 USD / T.

7. A set of 800 000 t PTA plant in East China is planned to be shut down for maintenance at the end of August for about 3 days; a new set of 2.2 million ton PTA plant in East China has successfully completed the intermediate delivery today and is planned to be put into operation on September 30.

8. A set of 325000 tons PTA plant in Central China was officially shut down for maintenance yesterday, which is tentatively maintained for about one month.

9. SK chemical announced the PX ACP proposal price in August, quoted at US $640 (CFR Asia).

10. A set of 120000 tons MEG plant in Inner Mongolia was originally planned to restart at the end of this month and early August, but now it is postponed to the middle of August. The MEG plant was shut down at the end of March.

11. The advance payment of polyester raw material contract issued by a mainstream domestic supplier in August: PX was 4600 yuan / ton, PTA was 3800 yuan / ton, MEG was 3800 yuan / ton (acceptance).

12. Ethylene glycol in Huaxi Village commodity exchange closed at 3734 in 2009, down 4 points, with 30370 hands traded, and the position increased by 1566 hands to 59314 hands.

13. Compared with yesterday, PTA rose 15 yuan / ton in the internal market, MEG rose by 2 to 3652 yuan / ton, and the converted polyester cost increased by 13 to 4220 yuan / ton.

Downstream dynamics

1. The trend of PTA futures today is volatile. The quotations of polyester factories in Zhejiang market are mainly stable, and some are still up. Downstream textile enterprises are cautious and wait-and-see attitude is obvious, continue to digest the inventory in hand, purchasing enthusiasm is weak. It is expected that the trend of polyester center of gravity will be strong in the short term, mainly finishing. At present, the main quotation of poy100d / 36F is 5150-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7850-8050 yuan / ton.

2. Today, the transaction situation of polyester in Jiangsu and Zhejiang is weak, with some POY production and sales at 30%, 80%, 50%, 15% and 40%; some FDY production and sales are 50%, 40%, 20%, 80% and 25%; and some DTY are 85%, 60%, 110%, 70% and 70%.

3. The trading volume of semi light slicing market in Jiangsu and Zhejiang Province is flat. I heard that some small and medium-sized small and medium-sized orders with just need were traded around 4450-4550 yuan / ton (cash).

4. This morning, the quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers basically maintained, some low prices were raised, and the actual orders were mainly discussed for shipment. The mainstream quotation of 1.4d was about 5350-5550 yuan / ton, and the actual price was about 5250-5450 yuan / ton.

5. The price of Chuzhou Anxing polyester staple fiber is increased by 50, and the price of 1.4d semi gloss is 5500 yuan / T, and spunlace is 5600 yuan / T.

The contract price of Dayin Polyester Fiber Co., Ltd.

7. The market of polyester staple fiber in Shandong and Hebei is maintained, mainly through preferential negotiation and shipment, and the downstream procurement is cautious. Semi gloss 1.4d negotiation or 5300-5450 yuan / ton is around.

8. Fujian polyester staple fiber manufacturer's quotation is stable, and the actual order is mainly discussed for shipment. The 1.4d offer is 5500 yuan / T, which is delivered in short distance, and the actual order is negotiated or 5350-5450 yuan, one single negotiation.

9. Today, the market price of low melting point polyester staple fiber has been lowered, and the price of 4D low melting point polyester staple fiber is about 7300 yuan / ton.

The price of pure polyester yarn in Shengze is about 1130-940 tons in mainstream area.