Zhejiang Polyester Trading Center Rises -- Daily Chemical Fiber Market Express (7.31)

Raw material Market

1. On July 30, New York crude oil September futures fell $1.35 to 39.92 yuan / barrel; Brent September futures rose 0.53, fell 0.81 dollars, settled 42.94 yuan / barrel.

Japanese naphtha fell $6.75/t to $387.13/t on July 30.

3. On July 30, Asian p-xylene closed at US $543.33/t CFR Taiwan / Mainland China and US $525.33/t FOB South Korea, slightly up $1 / T compared with the previous trading day, and decreased by $6.67/t compared with July 24.

4. In the afternoon, PTA futures were strong, and the spot was strong. In the early August, the main port's goods source offered a discount of 20-25 yuan for 09 contracts, 30 yuan for delivery and 35-40 yuan for negotiation of warehouse receipts. Affected by the hazel festival in Singapore, there is no floor trading in PX today. The price quoted by PTA external suppliers for one-day tour remains at 455 USD / T, and the shipping intention is slightly less than 430 USD / T.

5. In the afternoon, MEG futures were sorted out. The next week's goods offer is around 3685 yuan / ton, the bid is about 3680 yuan / ton, and the next week's goods is about 3700 yuan / ton. In the afternoon, Meg's external offer was firm, and its center of gravity continued to rise slightly. Recently, the ship's offer was around $445 / T, and the bid was slightly above $440 / T.

6. On July 31, the self raised cash price of IPA main ports (Qingdao, Dalian, Dongguan, Ningbo) was 4980 yuan / ton, and the US dollar quotation was 595 US dollars / ton.

7. It is reported that a set of 2.2 million tons PTA plant in East China is planned to be shut down for maintenance in October, with a tentative maintenance period of 20-30 days.

8. In Nantong, a new set of polymerized filament was put into operation today, with a total production capacity of 600000 tons. In the initial stage, 200000 tons of polyester chips were opened, and the rest were put into production in succession within the year.

In September, the price of PX ACP in August: Japan reported 650 US dollars / ton, South Korea S-oil reported 670 US dollars / ton (CFR Asia). 10. Ethylene glycol of Huaxi Village commodity exchange closed at 3772 in 2009, up 34 points, trading 43554 lots, and the position decreased by 2332 hands to 49146 hands.

11. Compared with yesterday, PTA increased by 5 yuan / ton to 3545 yuan / ton, MEG increased by 44 to 3677 yuan / ton, and polyester cost increased by 13 to 4263 yuan / ton.

Downstream dynamics

1. PTA futures are stronger today, and the transaction focus of polyester factories in Zhejiang market is still rising. Downstream textile enterprises carefully replenish on demand, local production and sales are fair, yesterday's large-scale factories today's sales fell significantly. It is expected that the trend of polyester center of gravity will be stronger and higher in the weekend. 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.

2. Today, the transaction of Jiangsu and Zhejiang polyester fiber was average, and some factories were better. Some factories promoted sales yesterday, and the production and sales of some POY factories dropped slightly, with some POY production and sales at 50%, 40%, 60%, 40% and 20%; some FDY production and sales were 250%, 50%, 80%, 50% and 80%; some DTY production and sales were 75%, 100%, 120%, 160% and 40%.

3. The trading atmosphere in the market of semi light chips in Jiangsu and Zhejiang is dull. It is heard that some small and medium-sized orders with just need are traded at 4500-4600 yuan / ton (cash).

4. It is reported that a set of 2.2 million tons PTA plant in East China is planned to be shut down for maintenance in October, with a tentative maintenance period of 20-30 days.

For short haul, the price is about 50-550t, and the price is about 50-50t.

The majority of short fiber manufacturers are about 555-50t / s in Zhejiang, and the price is about 50yuan / 50t.

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 5350-5450 yuan / ton is near.