Market Dynamics: Most Of Polyester Short Quotations Rise, Production And Sales Decline

　 PTA, MEG, slice market

In the afternoon, PTA futures fell back with the commodities, but the space was relatively limited. This week, the offer premium was RMB 55-60/ton in 09 contracts, and the bid premium was RMB 50/ton. The local supply of goods was slightly low. Today, PX has a strong center of gravity. In August, it offered 984 US dollars/ton, and in September, it offered 1010 US dollars/ton vs 985 US dollars/ton. The quotation of PTA external disk supplier for one-day tour rose slightly to 830 dollars/ton.

In the afternoon, MEG futures were settled by shocks, and the basis discount 09 contract was 70-75 yuan/ton. This week's offer was around 3970 yuan/ton, and the bid was around 3965 yuan/ton. In the afternoon, MEG's external market fluctuated. Recently, the ship cargo offer was around 470 dollars/ton, and the bid of 465 dollars/ton was slightly inward. The negotiation estimated that 465-468 dollars/ton.

The turnover of Jiangsu and Zhejiang polyester chips is generally weak. It is said that there are orders in half light to negotiate about 6750-6850 yuan/ton of cash, and some are slightly higher.

　 Polyester market

Since the weekend, most of the quotations of Jiangsu and Zhejiang polyester staple fiber manufacturers have increased by 50-100 yuan/ton, 1.4D mainstream quotation is about 7450-7550 yuan/ton, and the business basis is basically stable. The contract is about - 10 to+140 yuan/ton, which is about 7250-7400 yuan/ton. A few of the Buy It Now quotations are 7150-7250 yuan/ton, which is self raised, and the actual order is negotiated. Fujian polyester staple fiber manufacturers raised their offer by 50 yuan/ton over the weekend, which is stable today. The 1.4D offer is 7550 yuan/ton for short distance delivery, and the actual order negotiation center is about 7300-7450 yuan/ton. The price focus of Shandong and Hebei polyester staple fiber has moved up under the support of cost, but the overall trading atmosphere is still light. The 1.4D semi gloss mainstream will be delivered at about 7250-7450 yuan/ton, and the actual order will be negotiated. Today, the production and sales of polyester staple fiber are declining, but there is still a gap between them. Most manufacturers are 20-50%, and a few can level off.

On Saturday, the quotations of Jiangsu and Zhejiang polyester filament manufacturers mostly rose by 100-200 yuan/ton. Today, the prices are stable and generally average. It is expected that polyester filament manufacturers will be stable and wait for a small shock in recent days. Today, the production and sales of polyester filament in Jiangsu and Zhejiang are slightly light, with the mainstream of 10-80%.

　 Downstream market

Today, pure polyester yarn is basically maintained, and the trading atmosphere is light. The mainstream price of T32S in Xiaoshao market is about 11400-11500 yuan/ton, and the actual order is negotiated.

　　 Industry trends

On July 10, the selling price of Yisheng Petrochemical PTA USD rose by 10 USD to 830 USD/ton.