Polyester industry chain: Enterprise price reduction promotion market production and sales rebound
116,345 
June 13, 2023, 4:44 PM I. the market trend chart of polyester industry chain
On June 13, the market price index of ethylene glycol was 3938.90, down 22.85 from the previous working day.
China's PTA market price index was 5530 on June 13, up 40% from the previous working day.
On June 13, the market price index of polyester chips was 6700, down 25 from the previous working day. The market price index of polyester bottle chips was 6775, down 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.6.13 |
2023.6.12 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5530 |
5490 |
+40 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.6.13 |
2023.6.12 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
3875 |
3865 |
+10 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4050 |
4050 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.6.13 |
2023.6.12 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6700 |
6725 |
-25 |
Factory includes tax, yuan / ton |
|
Light slicing |
6675 |
6700 |
-25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.13 |
2023.6.12 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6775 |
6800 |
-25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6775 |
6800 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6775 |
6800 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6875 |
6900 |
-25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
6775 |
6800 |
-25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
6775 |
6800 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6775 |
6800 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6875 |
6900 |
-25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.13 |
2023.6.12 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7350 |
7400 |
-50 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8025 |
8100 |
-75 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
8850 |
8900 |
-50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7650 |
7700 |
-50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.13 |
2023.6.12 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7150 |
7150 |
0 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7150 |
7175 |
-25 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of PTA in East China rebounded after falling, with a reference of 5530 yuan / ton. This week and next week, the main port delivery 09 litres of water 110-115 near the transaction and negotiations, the next June delivery of 09 litres of water near 100-110 transactions and negotiations. The cost promotes the formation of the market, and the spot market is expected to adjust. The market supply pressure will gradually appear, while the demand will continue to follow up insufficient, and the contradiction between supply and demand will accumulate. Short-term market volatility is expected to remain narrow.
Glycol
Today, the market price of ethylene glycol is adjusted in a narrow range. Trading in the market was flat, with quotations in East China around 3875 yuan / ton, up 10 yuan / ton from the previous working day. The quotation in South China is around 4050 yuan / ton. Polyester end to maintain a high load, antifreeze in the peak season of production and marketing, but the terminal is mainly small and medium-sized orders, maintain rigid demand procurement, it is expected that the short-term market will be a narrow range of finishing.
Polyester chip
Today, the polyester chip market continues to be weak and volatile. International crude oil closed down sharply, polyester raw material PTA market rebounded after falling, lack of cost support, some slicing factory offer down, the market trading center of gravity fell slightly. Downstream bargain purchasing, enterprise production and marketing improved. It is expected that the market price of polyester chips will be adjusted narrowly in the short term.
Polyester bottle chip
Today, the market center of gravity of polyester bottle chips remains weak. Affected by the decline in international crude oil, the mainstream bottle chip manufacturers offer down 50 yuan / ton, dealers offer low end; downstream cautious wait-and-see, light market trading. It is expected that the short-term lactone bottle chip market may be a low adjustment.
Polyester filament
The market of polyester filament fell slightly today. The raw material market is weak, the quotation of some polyester manufacturers is reduced by 50-100 yuan / ton, the high-end negotiations in the market fall, and the focus of transaction moves down. Downstream rigid demand replenishment, local production and sales pick up. It is expected that filament market prices will maintain a volatile pattern in the short term.
Polyester staple fiber
Today, the polyester staple market remains weak. The cost support is insufficient, the manufacturer reduces the price promotion, the staple fiber price tends to the low end. Downstream yarn mills actively replenish goods, and the production and marketing of enterprises are generally good. 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
PTA:6 13 PTA main 2309 contract opening price: 5362, lowest price: 5346, highest price: 5492, closing price: 5478, settlement price: 5422, up 48, position: 1604386.
Ethylene glycol: June 13 EG main contract 2309 opening price: 3936, lowest price: 3923, highest price: 3972, closing price: 3962, settlement price: 3948, up 17, position: 519343.
V. production and marketing data of polyester market
|
Product |
2023.6.13 |
2023.6.12 |
Rise and fall |
Unit |
|
Polyester chip |
90% |
30% |
+60% |
% |
|
Polyester filament |
50% |
33% |
+17% |
% |
|
Polyester staple fiber |
180% |
50% |
+130% |
% |
VI. Future forecast
International crude oil market fluctuation intensifies, polyester raw material PTA and ethylene glycol market supply is expected to increase, but downstream polyester load is high, under the support of rigid demand, the market will be arranged in a narrow range, and the cost will promote the market. The market is mainly cautious wait-and-see, terminal weaving off-season impact, downstream rigid demand to buy. It is expected that the short-term polyester market price may fluctuate narrowly with the cost. Pay close attention to the changes of raw material market and demand side in the later stage.