Polyester: High costs drive the market to continue to rise
114,744 
May 30, 2023, 4:14 PM 1. Market trend chart of polyester products
On May 30, the polyester chip market price index was 6825, up 50 from yesterday and 0.74% month-on-month.
On May 30, the market price index of polyester bottles and chips was 7025, up 25 from yesterday and 0.36% month-on-month.
2. Summary of market prices of polyester products
|
products |
specifications |
market |
2023.5.30 |
2023.5.29 |
rise and fall |
remarks |
|
polyester chip |
semi-optical sectioning |
East China |
6825 |
6775 |
+50 |
Ex-factory tax included, RMB/ton |
|
light slicing |
6800 |
6750 |
+50 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.30 |
2023.5.29 |
rise and fall |
remarks |
|
polyester bottle flakes |
Water Bottle (IV.= 0.8） |
East China |
7025 |
7000 |
+25 |
Ex-factory tax included, RMB/ton |
|
Oil bottle grade |
7025 |
7000 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
7025 |
7000 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7125 |
7100 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
Water Bottle (IV.= 0.8） |
South China |
7025 |
7000 |
+25 |
Ex-factory tax included, RMB/ton |
|
|
Oil bottle grade |
7025 |
7000 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
7025 |
7000 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7125 |
7100 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
Water Bottle (IV.= 0.8） |
North China |
7125 |
7100 |
+25 |
Ex-factory tax included, RMB/ton |
|
|
Oil bottle grade |
7125 |
7100 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
7125 |
7100 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7225 |
7200 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.30 |
2023.5.29 |
rise and fall |
remarks |
|
polyester filament |
Jiangsu and Zhejiang markets DTY 150D/48F |
East China |
8775 |
8750 |
+25 |
Ex-factory tax included, RMB/ton |
|
Jiangsu and Zhejiang markets FDY 150D/96F |
8075 |
8050 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
Jiangsu and Zhejiang market POY 150D/48F |
7375 |
7350 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7700 |
7650 |
+50 |
Ex-factory tax included, RMB/ton |
||
|
Fujian market POY75D/72F |
7800 |
7800 |
0 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.30 |
2023.5.29 |
rise and fall |
remarks |
|
polyester staple yarn |
Semi-optical original white 1.56*38 |
Jiangsu |
7300 |
7250 |
+50 |
Ex-factory tax included, RMB/ton |
|
Semi-optical original white 1.56*38 |
Fujian |
7400 |
7375 |
+25 |
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 |
7350 |
+25 |
Ex-factory tax included, RMB/ton |
3. Brief introduction to the polyester product market
polyester chip
Today, the polyester chip market is narrow and strong. Driven by high costs and tight shipments from slicing factories, some manufacturers have slightly increased their offers, and the market center of gravity continues to rise slightly. The downstream chasing sentiment is not good, and the market trading atmosphere is weak. It is expected that the market price of polyester chips may adjust within a narrow range with costs in the short term.
polyester bottle flakes
Today, the market focus of the polyester bottle sheet market rose slightly. Supported by high costs, offers from mainstream bottle and chip manufacturers have temporarily stabilized, while offers from dealers have continued to rise slightly. Downstream is mainly cautious and wait-and-see, and the market trading atmosphere is general. It is expected that the polyester bottle sheet market may fluctuate within a narrow range in the short term.
polyester filament
The polyester filament market rose slightly today. The raw material market remained high. With the support of costs, polyester factories actively increased, and manufacturers 'offers continued to increase or reduce discounts, ranging from 50 to 100 yuan/ton. Downstream chasing prices cautiously, and market production and sales fell. It is expected that the filament market price may fluctuate within a narrow range in the short term.
polyester staple fiber
Today, the polyester staple fiber market remained strong and volatile. Driven by the high PTA of raw materials, the market price of staple fiber continued to rise. The downstream is mainly in need of replenishment, and the market production and sales are light. 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 |
2023.5.30 |
2023.5.29 |
rise and fall |
units |
|
polyester chip |
60% |
80% |
-20% |
% |
|
polyester filament |
50% |
75% |
-25% |
% |
|
polyester staple fiber |
30% |
70% |
-40% |
% |
|
textile city |
799 |
862 |
-63 |
ten thousand meters |
5. Polyester raw material market
|
products |
2023/5/30 |
2023/5/29 |
rise and fall |
units |
|
PTA Price Index |
5600 |
5610 |
-10 |
Yuan/ton |
|
PTA main contract settlement |
5458 |
5450 |
+8 |
Yuan/ton |
|
Ethylene glycol price index |
4021.91 |
4029.29 |
-7.38 |
Yuan/ton |
|
Ethylene glycol main contract settlement |
4062 |
4070 |
-8 |
Yuan/ton |
6. Future outlook forecast
The PTA market for polyester raw materials remains consolidated, and the cost push to the market weakens. The market was mainly cautious and wait-and-see, and the downstream just needed replenishment, and market production and sales fell. It is expected that the short-term polyester market price may adjust within a narrow range with costs. Later, we will focus on changes in the raw material market and demand side.