Market Trends: Quotations Of PTA And MEG Polyester

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　　 PTA, MEG, slice market

In the afternoon, the center of gravity of PTA continued to decline. This week, the offer premium was 09, the contract price was 20-25 yuan/ton, the bid premium was 20 yuan/ton, and some negotiated premiums were 20-25 yuan/ton. The center of gravity of PX is weak today. The offer for September is 1035vs1010 dollars/ton, and the offer for October is 1020vs993 dollars/ton. The quotation of PTA outer disk supplier for one-day tour is maintained at 830 dollars/ton.

In the afternoon, MEG futures were weak and volatile. The basis discount 09 contract was 65-70 yuan/ton. This week's offer was around 4025 yuan/ton, and the bid was around 4020 yuan/ton. In the afternoon, MEG's external market was frozen and sorted out. Recently, the ship cargo offer was 480 dollars/ton inward, and the bid was 475 dollars/ton up and down. The negotiation estimated 475-480 dollars/ton.

The turnover of Jiangsu and Zhejiang polyester chips is generally average. It is said that there is a single negotiation about 6800-6900 yuan/ton of cash in half light, and some are slightly higher.

　　 Polyester market

This morning, the quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers was basically stable, with the 1.4D mainstream quotation of about 7550-7650 yuan/ton. The business basis difference was about 10 contracts - 100 to+30 yuan/ton, which was about 7200-7300 yuan/ton. Some of the Buy It Now quotations were 7200-7300 yuan/ton, which was self raised, and the actual order was negotiated. Fujian polyester staple fiber manufacturers offer stable prices, 1.4D offers 7700 yuan/ton for short distance delivery, and the focus of actual order negotiation moves down slightly to about 7400-7500 yuan/ton. The yarn mills are cautious in chasing after the high price. The price center of Shandong and Hebei polyester staple fiber slightly declined, and the atmosphere of cautious wait-and-see continued, and the trading atmosphere was general. The 1.4D semi light mainstream was delivered at about 7250-7400 yuan/ton, and the actual order was negotiated. Today, the production and sales of polyester staple fiber are weak, and the mainstream of manufacturers is 20-60%.

Today, the quotations of Jiangsu and Zhejiang polyester filament manufacturers are more stable, but some of them are still rising. As a whole, the production and sales are not enough. It is expected that polyester filament manufacturers will be mainly stable in the near future. Today, the production and sales of polyester filament in Jiangsu and Zhejiang are slightly light, with the mainstream of 0-80%.

　 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 17, Yisheng Petrochemical's PTA USD selling price remained at 830 USD/ton.

A 4.5 million ton PTA plant in South China was officially restarted yesterday. At present, the load is increasing, and it was stopped on June 29; Another set of 2.5 million tons of PTA unit has been put into production successfully.

A 400000 ton MEG unit in Guangdong was temporarily shut down due to failure, and it is expected to be shut down for 15 days.

A 600000 ton MEG unit in Shaanxi has been shut down for maintenance as planned, and the maintenance is expected to be around two weeks/ Tons, and the quality of different orders is slightly different.