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    Purchasing Enthusiasm Of Downstream Textile Enterprises Is Not High

    2020/7/30 12:02:00 0

    Chemical Fiber Market

      

    Raw material Market

    1. On July 28, New York crude oil August futures fell $0.56 to 41.04 yuan / barrel; Brent September futures fell $0.19 to settle at 43.22 yuan / barrel.

    Japanese naphtha fell $0.25/t to $400.38/t on July 28.

    3. On July 28, the price of p-xylene in Asia fell by 17 cents / T compared with the previous trading day, at US $551.5/t CFR Taiwan / Mainland China and US $533.5/t FOB South Korea respectively. Persistent oversupply has put pressure on the p-xylene market. On that day, the market was calm, there were few negotiation activities in the morning, and the downstream increased. South Korea SK Comprehensive Chemical Co., Ltd. announced the Asia p-xylene contract in August, with the proposed price of 640 US dollars / CFR Asia.

    4. PTA futures strengthened in the afternoon. In the early ten days of August, the main port's goods source reported a discount of RMB 35-40 for the contract, RMB 45 for the bid and RMB 40 for the transaction of the warehouse receipt. Today, PX is weak and volatile. In September, the shipping price is 553 US dollars / ton, in October it is 573 vs 535 US dollars / ton. The one-day tour quotation of PTA external suppliers remains 455 US dollars / ton, and the shipping intention is about 430 US dollars / ton.

    5. In the afternoon, MEG futures fluctuated upward. Near the contract, the spot offer is RMB 3650 / T, and the price is RMB 3750 / T. In the afternoon, Meg's external offer market was strong. Recently, the ship's offer was around 440 USD / T, and the bid was around 435 USD / T. the negotiation estimated that it would be 435-440 USD / T.

    6. On July 29th, the selling price of PTA in USD was maintained at 455 USD / T.

    At present, the LNG unit of the project will produce 70000 tons of LNG in Shanxi.

    8. A set of 380000 ton MEG plant in East China was originally planned to be shut down for maintenance in August, but now the maintenance plan is cancelled.

    9. Ethylene glycol in Huaxi Village commodity exchange closed at 3760 in 2009, up 20 points to 30942 lots, while its position decreased by 6604 to 52710.

    10. Compared with yesterday, PTA's price rose 35 yuan / ton, Meg's price was stable at 3652 yuan / ton, and the converted polyester cost increased by 30 to 4250 yuan / ton.

    Downstream dynamics

    1. PTA futures trend is stronger today, finishing, the focus of polyester in Zhejiang market continues to be stable. Downstream textile enterprises purchase enthusiasm is not high, mainly to digest inventory, polyester market trading atmosphere is relatively flat. Polyester prices are expected to remain strong in the short term, finishing the majority. At present, the main quotation of POY 100D / 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.

    50% for DTY, 40% for DTY, 50% for DTY, 50% for polyester sales, and 50% for partial production and sales.

    3. The transaction situation of semi optical slicing market in Jiangsu and Zhejiang Province is general. It is heard that the main orders are about 4450-4550 yuan / ton (cash).

    4. This morning, the quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers basically maintained, and the actual order negotiation was mainly for shipment. The mainstream quotation of 1.4d was about 5300-5550 yuan / ton, and the actual price was about 5250-5450 yuan / ton.

    5. 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.

    6. The quotation of Fujian polyester staple fiber manufacturers is stable, and the actual order is mainly discussed for shipment. The 1.4d quotation is delivered in 5500 yuan / T short distance, and the actual sheet negotiation or 5350-5450 yuan, one single negotiation. The market price of low melting point polyester staple fiber maintains, and the price of 4D low melting point is about 7300 yuan / ton.

    7. The price of pure polyester yarn in Shengze is weak. The mainstream price of t32s is about 9200-9400 yuan / ton, and that of t50s is about 11100-11300 yuan / ton.

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