Polyester: Cost drives the market to increase replenishment on dips
112,124 
May 19, 2023, 4:18 PM 1. Market trend chart of polyester products
On May 19, the polyester chip market price index was 6725, which was unchanged from yesterday.
On May 19, the market price index of polyester bottles and chips was 7025, which was the same as yesterday.
2. Summary of market prices of polyester products
|
products |
specifications |
market |
2023.5.19 |
2023.5.18 |
rise and fall |
remarks |
|
polyester chip |
semi-optical sectioning |
East China |
6725 |
6725 |
0 |
Ex-factory tax included, RMB/ton |
|
light slicing |
6725 |
6725 |
0 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.19 |
2023.5.18 |
rise and fall |
remarks |
|
polyester bottle flakes |
Water Bottle (IV.= 0.8） |
East China |
7025 |
7025 |
0 |
Ex-factory tax included, RMB/ton |
|
Oil bottle grade |
7025 |
7025 |
0 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
7025 |
7025 |
0 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7125 |
7125 |
0 |
Ex-factory tax included, RMB/ton |
||
|
Water Bottle (IV.= 0.8） |
South China |
7025 |
7025 |
0 |
Ex-factory tax included, RMB/ton |
|
|
Oil bottle grade |
7025 |
7025 |
0 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
7025 |
7025 |
0 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7125 |
7125 |
0 |
Ex-factory tax included, RMB/ton |
||
|
Water Bottle (IV.= 0.8） |
North China |
7125 |
7125 |
0 |
Ex-factory tax included, RMB/ton |
|
|
Oil bottle grade |
7125 |
7125 |
0 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
7125 |
7125 |
0 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7225 |
7225 |
0 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.19 |
2023.5.18 |
rise and fall |
remarks |
|
polyester filament |
Jiangsu and Zhejiang markets DTY 150D/48F |
East China |
8600 |
8600 |
0 |
Ex-factory tax included, RMB/ton |
|
Jiangsu and Zhejiang markets FDY 150D/96F |
7950 |
7950 |
0 |
Ex-factory tax included, RMB/ton |
||
|
Jiangsu and Zhejiang market POY 150D/48F |
7250 |
7250 |
0 |
Ex-factory tax included, RMB/ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7550 |
7550 |
0 |
Ex-factory tax included, RMB/ton |
||
|
Fujian market POY75D/72F |
7900 |
7900 |
0 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.19 |
2023.5.18 |
rise and fall |
remarks |
|
polyester staple yarn |
Semi-optical original white 1.56*38 |
Jiangsu |
7350 |
7250 |
+100 |
Ex-factory tax included, RMB/ton |
|
Semi-optical original white 1.56*38 |
Fujian |
7450 |
7350 |
+100 |
Ex-factory tax included, RMB/ton |
|
|
Semi-optical original white 1.56*38 |
Shandong |
7350 |
7300 |
+50 |
Ex-factory tax included, RMB/ton |
|
|
Semi-optical original white 1.56*38 |
Zhejiang |
7300 |
7250 |
+50 |
Ex-factory tax included, RMB/ton |
|
|
Semi-optical original white 1.56*38 |
Hebei |
7375 |
7300 |
+75 |
Ex-factory tax included, RMB/ton |
3. Brief introduction to the polyester product market
polyester chip
Today, the polyester chip market remains organized. The raw material PTA market is strong, the cost support is solid, and the offer from the slicing factory is temporarily stable. Downstream stocks on bargain hunting, and market production and sales have improved. It is expected that the market price of polyester chips may maintain a narrow range of fluctuations in the short term.
polyester bottle flakes
Today, the market focus of the polyester bottle sheet market has been adjusted within a narrow range. The raw material PTA market has strengthened. Under the support of costs, the offers of mainstream bottle and tablet manufacturers have maintained stable, and the offers of dealers have adjusted slightly; downstream demand is weak, and the market trading atmosphere is light. It is expected that the polyester bottle sheet market may maintain a narrow range of fluctuations in the short term.
polyester filament
Today's polyester filament market has been narrowed. Cost has strengthened support for the market, and some polyester factories have raised their quotations or reduced their discounts to a range of around 50-100 yuan/ton. The downstream is mainly actively replenishing goods, and market production and sales are acceptable. It is expected that the filament market price may maintain the consolidation pattern in the short term.
polyester staple fiber
Today, the polyester staple fiber market remains consolidated. Driven by the rise in the raw material market and the low inventory of staple fiber itself, the market spot price rose slightly. The downstream is actively replenishing goods, and the overall market production and sales are acceptable. It is expected that the short-term polyester staple fiber market price may fluctuate within a narrow range.
4. Polyester market production and sales data
|
products |
2023.5.19 |
2023.5.18 |
rise and fall |
units |
|
polyester chip |
110% |
70% |
+40% |
% |
|
polyester filament |
70% |
40% |
+30% |
% |
|
polyester staple fiber |
150% |
110% |
+40% |
% |
|
textile city |
1211 |
1232 |
-21 |
ten thousand meters |
5. Polyester raw material market
|
products |
2023/5/19 |
2023/5/18 |
rise and fall |
units |
|
PTA Price Index |
5560 |
5515 |
+45 |
Yuan/ton |
|
PTA main contract settlement |
5380 |
5296 |
+84 |
Yuan/ton |
|
Ethylene glycol price index |
4146.68 |
4168.29 |
-21.61 |
Yuan/ton |
|
Ethylene glycol main contract settlement |
4265 |
4290 |
-25 |
Yuan/ton |
6. Future outlook forecast
The PTA market trend of polyester raw material is strengthening, and costs support the market. The market is mainly cautious and wait-and-see, and the downstream just needs to stock up and lacks confidence in the future outlook. It is expected that the short-term polyester market price may maintain a narrow adjustment. Later, we will focus on changes in the raw material market and demand side.