Polyester industry chain: Prices rise across the board, market production and sales are light
117,407 
June 2, 2023, 4:58 PM I. the market trend chart of polyester industry chain
On June 2nd, the market price index of ethylene glycol was 4013.11, up 21.72 from the previous working day.
China's PTA market price index was 5635 on June 2, up 115 from the previous working day.
On June 2, the market price index of polyester chips was 6800, up 50% from yesterday. The market price index of polyester bottle chips was 7025, up 75% from yesterday.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.6.2 |
2023.6.1 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5635 |
5520 |
+115 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.6.2 |
2023.6.1 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
3964 |
3926 |
+38 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4150 |
4150 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.6.2 |
2023.6.1 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6800 |
6750 |
+50 |
Factory includes tax, yuan / ton |
|
Light slicing |
6775 |
6725 |
+50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.2 |
2023.6.1 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7025 |
6950 |
+75 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7025 |
6950 |
+75 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
6950 |
+75 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7050 |
+75 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7025 |
6950 |
+75 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7025 |
6950 |
+75 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
6950 |
+75 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7050 |
+75 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.2 |
2023.6.1 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7400 |
7375 |
+25 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8075 |
8075 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
8850 |
8800 |
+50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7700 |
7700 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.2 |
2023.6.1 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7350 |
7270 |
+80 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7300 |
7250 |
+50 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the East China market PTA spot market rose sharply, negotiation reference 5640 yuan / ton near. This week and next week, the main port delivery 09 litres of water 105-130 near the deal and negotiations, in June, the main port delivery of 09 litres of water around 100-120 transactions and negotiations. Buying rigid demand-based, spot trading atmosphere is not good. The early maintenance equipment will be restarted one after another, the supply pressure will gradually appear, the demand follow-up will be insufficient, and the supply and demand side will be weak. The short-term market is expected to maintain range volatility.
Glycol
Today, the market price of ethylene glycol is on the strong side. The upward price of crude oil gives some support to the market, coupled with the improvement of shipments data at the main port has increased gas buying and improved the mentality of some operators. As of press time, the quotation in East China revolves around 3964 yuan / ton, 38 yuan / ton higher than that of the previous working day. The quotation in South China revolves around 4150 yuan / ton, maintaining yesterday. Although China's supply is expected to increase, the demand side performs well, inventories continue to decline, loads remain high, and the market is expected to maintain a volatile trend in the short term.
Polyester chip
Today, the polyester chip market is narrow and strong. International crude oil rose, PTA spot prices rose sharply, driven by the cost end, slicing factory shipping discount space narrowed, the market trading center of gravity rose narrowly. Downstream rigid demand for stock, the market is weak to catch up. It is expected that the market price of polyester chips will be adjusted narrowly with the cost in the short term.
Polyester bottle chip
Today, the market center of gravity of the polyester bottle chip market rose slightly. International crude oil closed higher, polyester raw material PTA prices rose sharply, mainstream bottle chip manufacturers raised offers, dealers offered slightly higher; downstream cautious wait-and-see, market trading atmosphere in general. It is expected that the short-term lactone bottle chip market may fluctuate in a narrow range.
Polyester filament
Today, the market of polyester filament is slightly higher. Strong support for rising costs, polyester factories to raise quotations or reduce concessions, ranging from 50 to 100 yuan / ton. The lower reaches moderately cover positions with bargains, and local production and sales pick up. It is expected that the market price of filament will fluctuate in a narrow range in the short term.
Polyester staple fiber
Today, the polyester staple market remains strong and volatile. With the help of rising costs, staple fiber has not been boosted by stock pressure for the time being, and market prices continue to rise. Downstream rigid demand replenishment-based, market production and marketing in general. It is expected that the market price of short-term polyester staple fiber will fluctuate in a narrow range.
IV. Polyester Raw material Futures Market
|
Product |
Opening price |
Lowest price |
The highest price |
Closing price |
Settlement price |
Rise and fall |
Position |
Daily increase and decrease position |
|
PTA main contract |
5534 |
5472 |
5590 |
5562 |
5530 |
+158 |
1612366 |
25311 |
|
Ethylene glycol main contract |
4020 |
4000 |
4081 |
4071 |
4037 |
+76 |
473466 |
-4554 |
V. production and marketing data of polyester market
|
Product |
2023.6.2 |
2023.6.1 |
Rise and fall |
Unit |
|
Polyester chip |
50% |
55% |
-5% |
% |
|
Polyester filament |
75% |
40% |
+35% |
% |
|
Polyester staple fiber |
40% |
90% |
-50% |
% |
|
Textile city |
979 |
863 |
+116 |
Ten thousand meters |
VI. Future forecast
The international crude oil market is strong, polyester raw material PTA and ethylene glycol market will maintain finishing, the cost of the market continues to weaken. The market is mainly cautious wait-and-see, downstream rigid demand replenishment, market production and marketing in general. It is expected that the short-term polyester market price may be narrowly adjusted with the cost. Pay attention to the changes of raw material market and demand side in the later stage.