Polyester industry chain: The market maintains a narrow range of shocks and production and sales continue to be light
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June 19, 2023, 4:32 PM I. the market trend chart of polyester industry chain
The market price index of ethylene glycol was 3974.69, down 2.12 from the previous working day.
On June 19th, China's PTA market price index was 5640, down 65% from the previous working day.
On June 19th, the market price index of polyester chips was 6725, which was the same as that of the previous working day. The market price index of polyester bottle chips was 6850, down 50% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.6.19 |
2023.6.16 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5640 |
5705 |
-65 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.6.19 |
2023.6.16 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
3950 |
3955 |
-5 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4100 |
4100 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.6.19 |
2023.6.16 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6725 |
6725 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
6700 |
6700 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.19 |
2023.6.16 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6850 |
6900 |
-50 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6850 |
6900 |
-50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6850 |
6900 |
-50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6950 |
7000 |
-50 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
6850 |
6900 |
-50 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
6850 |
6900 |
-50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6850 |
6900 |
-50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6950 |
7000 |
-50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.19 |
2023.6.16 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7400 |
7400 |
0 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8025 |
8025 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
8850 |
8850 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7750 |
7750 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.6.19 |
2023.6.16 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7150 |
7200 |
-50 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7200 |
7200 |
0 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of PTA in East China fell weakly, and it was discussed around 5640 yuan / ton. This week and next week, the main port delivery of 09 litres of water near 100 transactions and negotiations, in June delivery of 09 litres of water 105 near the main port transactions and negotiations. Spot prices are down, spot spreads are weak, buying sentiment is cautious, and market trading is light. The short-term market is expected to maintain range volatility.
Glycol
Today, the price of ethylene glycol market is arranged in a narrow range, the rise of international crude oil is boosted, and the spot market opens high, but there is a lack of substantial positive support in intraday trading, the market is cautious, and the price shock is weakening. The quotation in East China revolves around 3950 yuan / ton, down 5 yuan / ton from the previous working day. The quotation in South China is around 4100 yuan / ton. The port pre-arrival port is less, the port inventory continues to be removed, the downstream polyester end maintains a high load, the rigid demand is stable, the overall supply and demand maintains a tight balance, and it is expected that the short-term market will be arranged in a narrow range.
Polyester chip
Today, the polyester chip market maintains finishing. The cost support is general, the offer of the slicing factory is stable for the time being, the supply of goods at low prices in the market is still there, and there is no improvement in buying gas downstream. The downstream demand is weak, and the market production and marketing is light. It is expected that the market price of polyester chips will maintain a narrow range in the short term.
Polyester bottle chip
Today, the market for polyester bottle chips is narrow and weak. Polyester raw materials PTA market fell, cost support weakened, mainstream bottle chip manufacturers offer stable, dealers offer a small pullback; downstream cautious wait-and-see-based, light market trading. It is expected that the short-term lactone bottle chip market will be low-level finishing.
Polyester filament
Today's polyester filament market fluctuates in a narrow range. The cost end weakens the influence, the polyester manufacturer mentality is cautious, the factory more stable quotation, the individual adjustment, the actual single negotiation. The market is cautious and wait-and-see, and the market production and sales are relatively weak. Filament market prices are expected to maintain a volatile trend in the short term.
Polyester staple fiber
Today, the market of polyester staple fiber is weak. Pressure on the decline in raw materials, weak trading in the spot market, continued weakness in some brand bases, and a slight adjustment in spot prices. The trading atmosphere in the market is light and the production and marketing of enterprises are mediocre. 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 19 PTA main force 2309 contract opening price: 5618, lowest price: 5486, highest price: 5622, closing price: 5498, settlement price: 5550, down 106, position: 1593832.
Ethylene glycol: June 19 EG main contract 2309 opening price: 4062, lowest price: 4004, highest price: 4062, closing price: 4009, settlement price: 4034, down 5, position: 472341.
V. production and marketing data of polyester market
|
Product |
2023.6.19 |
2023.6.16 |
Rise and fall |
Unit |
|
Polyester chip |
40% |
55% |
-15% |
% |
|
Polyester filament |
30% |
30% |
0% |
% |
|
Polyester staple fiber |
40% |
35% |
-5% |
% |
VI. Future forecast
The international crude oil market remains strong, the spot supply of polyester raw material PTA and ethylene glycol market tightens, but the downstream polyester load is high, supply and demand maintain a tight balance, the market will be arranged in a narrow range, and the cost will be high. The market is mainly cautious and wait-and-see, the terminal is weak, and the market production and marketing is light. It is expected that short-term polyester market prices may fluctuate narrowly with costs. Pay close attention to the changes of raw material market and demand side in the later stage.