Polyester industry chain: The market continues to keep up with the rise, production and sales of raw materials companies rebound
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July 14, 2023, 4:40 PM I. the market trend chart of polyester industry chain
On July 14, the market price index of ethylene glycol was 4038.16, up 35.79 from the previous working day.
China's PTA market price index was 5965 on July 14, up 10% from the previous working day.
On July 14, the market price index of polyester chips was 6875, unchanged from the previous working day. The market price index of polyester bottle chips was 6975, which was the same as that of the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.7.14 |
2023.7.13 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5965 |
5955 |
+10 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.7.14 |
2023.7.13 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4075 |
4000 |
+75 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4150 |
4100 |
+50 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.7.14 |
2023.7.13 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6875 |
6875 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
6900 |
6900 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.14 |
2023.7.13 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6975 |
6975 |
0 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6975 |
6975 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6975 |
6975 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7075 |
7075 |
0 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
6975 |
6975 |
0 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
6975 |
6975 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6975 |
6975 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7075 |
7075 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.14 |
2023.7.13 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7575 |
7500 |
+75 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8175 |
8125 |
+50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9125 |
9050 |
+75 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7900 |
7900 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.14 |
2023.7.13 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7350 |
7325 |
+25 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7400 |
7375 |
+25 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of PTA in East China is high and strong, with a reference of 5965 yuan / ton. This week and next week, the main port delivery 09 litres of water 20-30 near the transaction and negotiations, August delivery of 09 litres of water 25-35 near the main port transactions and negotiations. Boosted by the rise in international crude oil, coupled with the cost to promote the formation of the market, futures continued to rise. Suppliers continue to ship, the market buying mood is insufficient, the spot basis is weak, downstream to maintain rigid demand replenishment. The short-term market is expected to maintain a high adjustment.
Glycol
Today, the market price of ethylene glycol rose slightly, the rise of international crude oil boosted the sentiment of the bulls in the market, and the market offer moved up slightly. The quotation in East China was around 4075 yuan / ton, up 75 yuan / ton from the previous working day. The quotation in South China is around 4150 yuan / ton. Port inventory remains high, but China has maintenance plans for equipment, supply shrinks slightly, the terminal demand side performs well, and the ethylene glycol market is expected to fluctuate within a narrow range in the short term.
Polyester chip
Today, the polyester chip market maintains finishing. The cost support is strengthened, but the downstream chasing power is insufficient, the offer of the slicing market is stable, the supply of goods at low prices still exists, and the market center of gravity is generally stable. Downstream an appropriate amount of replenishment, market production and sales rebounded. It is expected that the market price of polyester chips will be adjusted narrowly in the short term.
Polyester bottle chip
Today, the market for polyester bottle chips is narrow and strong. Raw material PTA market continues to rise, driven by cost, some bottle chip manufacturers offer up 50-100 yuan / ton, dealers low-end offer reduced; downstream cautious wait-and-see, market trading atmosphere in general. It is expected that the short-term lactone bottle chip market may be narrowly arranged.
Polyester filament
Today, the polyester filament market maintains a strong pattern. Driven by the rise in the cost side, some polyester factories raised their quotations or reduced concessions, with a range of around 50 yuan / ton, and the market trading center rose slightly. Some downstream users have a certain replenishment demand, most users wait and see mainly. It is expected that the filament market price may continue the finishing pattern in the short term.
Polyester staple fiber
Today, the market for polyester staple fiber is narrow and strong. Raw materials continue to pull up boost, staple fiber market continues to rise in raw materials, individual enterprise production and marketing preferences, so the overall production and sales rebounded. 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:7 14 PTA main force 2309 contract opening price: 5886, lowest price: 5882, highest price: 6016, closing price: 5956, settlement price: 5944, up 46, position: 1869244.
Ethylene glycol: July 14 EG main contract 2309 opening price: 4085, lowest price: 4085, highest price: 4188, closing price: 4166, settlement price: 4140, up 84, position: 434258.
V. production and marketing data of polyester market
|
Product |
2023.7.14 |
2023.7.13 |
Rise and fall |
Unit |
|
Polyester chip |
70% |
40% |
+30% |
% |
|
Polyester filament |
60% |
40% |
+20% |
% |
|
Polyester staple fiber |
80% |
40% |
+40% |
% |
VI. Future forecast
The performance of international crude oil is strong, the trend of commodity market is better, the cost side is boosted, the supply and demand side of polyester raw material PTA and ethylene glycol market is tightened, the short-term market will remain high, and the cost side will promote the market. The polyester market is mainly cautious wait-and-see, the market passively follows the rise of raw materials, downstream rigid demand replenishment, market production and sales rebounded. Short-term polyester market prices are expected to maintain a narrow range of fluctuations. Pay close attention to the changes of raw material market and demand side in the later stage.