Polyester industry chain: Downstream polyester market just in need of replenishment
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July 19, 2023, 4:24 PM I. the market trend chart of polyester industry chain
On July 19th, the ethylene glycol market price index was 4057.42, up 4.24 from the previous working day.
On July 19th, China's PTA market price index was 5845, up 15% from the previous working day.
On July 19th, the market price index of polyester chips was 6850, unchanged from the previous working day. The market price index of polyester bottle chips was 6950, which was the same as that of the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.7.19 |
2023.7.18 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5845 |
5830 |
+15 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.7.19 |
2023.7.18 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4065 |
4055 |
+10 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4200 |
4200 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.7.19 |
2023.7.18 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6850 |
6850 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
6850 |
6850 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.19 |
2023.7.18 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6950 |
6950 |
0 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6950 |
6950 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6950 |
6950 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7050 |
7050 |
0 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
6950 |
6950 |
0 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
6950 |
6950 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6950 |
6950 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7050 |
7050 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.19 |
2023.7.18 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7575 |
7575 |
0 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8175 |
8175 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9125 |
9125 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7900 |
7900 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.19 |
2023.7.18 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7300 |
7275 |
+25 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7350 |
7350 |
0 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of East China PTA is adjusted within a narrow range, and it will be discussed around 5845 yuan / ton. This week and next week, the main port delivery 09 litres of water 5-10 near the transaction and negotiations, August delivery of 09 litres of water near 5-10 transactions and negotiations. International crude oil rose, upstream PX prices stabilized, under the support of the cost end, the market center of gravity adjusted slightly. Suppliers continue to ship, the buying mood is cautious, the spot basis is sound, the overall sporadic transactions. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, the market price of ethylene glycol remains strong. The price of international crude oil rose, the overall atmosphere of the commodity market was strong, and the price of ethylene glycol rose slightly. The quotation in East China was around 4065 yuan / ton, up 10 yuan / ton from the previous working day. The quotation in South China is around 4200 yuan / ton. The high inventory of East China port suppresses the downstream purchasing enthusiasm, but the overall supply shrinks in the near future, the downstream rigid demand is stable, and the ethylene glycol market is expected to fluctuate in a narrow range in the short term.
Polyester chip
Today, the polyester chip market is arranged horizontally. Polyester raw material market narrow finishing, cost support, polyester chip market center of gravity stabilized operation, the market low-price supply still exists. Downstream orders are in the doldrums and the market is not good. 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 of polyester bottle chips is maintained and arranged. Raw material PTA market tends to be sorted out, cost support is stable, mainstream bottle chip manufacturers offer stable, dealers offer a small adjustment; downstream cautious wait-and-see-based, low enthusiasm to buy. It is expected that the short-term lactone bottle chip market may be narrowly arranged.
Polyester filament
Today, the polyester filament market maintains horizontal finishing. The rebound of international crude oil has boosted the market atmosphere, and polyester manufacturers are cautious and wait-and-see. Downstream buying to maintain rigid demand, individual users buy bargain, market production and marketing in general. It is expected that the filament market price will maintain the finishing pattern in the short term.
Polyester staple fiber
Today, the market of polyester staple fiber is adjusted in a narrow range. The cost support is solid, and the staple fiber market offer remains strong. Some downstream enterprises are in the node of rigid demand replenishment, and most staple fiber enterprises prefer production and marketing. 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 March 19 PTA main 2309 contract opening price: 5824, lowest price: 5798, highest price: 5868, closing price: 5848, settlement price: 5836, up 20%, position: 1703623.
Ethylene glycol: July 19 EG main contract 2309 opening price: 4121, lowest price: 4118, highest price: 4150, closing price: 4140, settlement price: 4137, up 25, position: 419124.
V. production and marketing data of polyester market
|
Product |
2023.7.19 |
2023.7.18 |
Rise and fall |
Unit |
|
Polyester chip |
30% |
25% |
+5% |
% |
|
Polyester filament |
40% |
30% |
+10% |
% |
|
Polyester staple fiber |
70% |
25% |
+45% |
% |
VI. Future forecast
Boosted by the rise of international crude oil, polyester raw materials PTA and ethylene glycol market rigid demand support, the short-term market will maintain a narrow adjustment, the cost side to promote the market. Polyester market is mainly cautious wait-and-see, market offer with the raw material market small adjustment, downstream rigid demand replenishment, market production and marketing in general. 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.