Polyester industry chain: Raw materials rise and fall back, the polyester market tends to be cautious
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July 21, 2023, 4:45 PM I. the market trend chart of polyester industry chain
The market price index of ethylene glycol was 4057.42, down 6.36 from the previous working day.
China's PTA market price index was 5920 on July 21, up 45% from the previous working day.
On July 21, 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 |
2023.7.21 |
2023.7.20 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5920 |
5875 |
+45 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.7.21 |
2023.7.20 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4065 |
4080 |
-15 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4200 |
4200 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.7.21 |
2023.7.20 |
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 |
2023.7.21 |
2023.7.20 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7050 |
7025 |
+25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7050 |
7025 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7050 |
7025 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7150 |
7125 |
+25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7050 |
7025 |
+25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7050 |
7025 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7050 |
7025 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7150 |
7125 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.21 |
2023.7.20 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7550 |
7550 |
0 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8150 |
8150 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9025 |
9025 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7950 |
7900 |
+50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.21 |
2023.7.20 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7300 |
7300 |
0 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7375 |
7350 |
+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 narrow and strong, so we can negotiate around 5920 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 10 near the main port transactions and negotiations. Driven by costs and capital, the PTA futures market rose sharply in the morning, and the market was shaken back at noon. Suppliers continue to ship, the buying mood is cautious, the spot basis is generally stable, and the overall transaction is general. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, the market price of ethylene glycol is weakening. The market is lack of drive, the market is weak, and the real single atmosphere is not good. The quotation in East China is around 4065 yuan / ton, down 15 yuan / ton from the previous working day. The quotation in South China is around 4200 yuan / ton. China's supply shrinks, the port is expected to go to the warehouse, and the cost-side support is still there, and the ethylene glycol market is expected to fluctuate within a narrow range in the short term.
Polyester chip
Today, the polyester chip market is arranged horizontally. The PTA market of polyester raw materials is rising, the supply of low-cost goods in the chip market is reduced, the center of gravity of the transaction is generally stable, the downstream rigid demand is ready, and the production and marketing of enterprises are better. 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 strong. Raw material PTA market rose boost, mainstream bottle chip manufacturers offer up 50 yuan / ton, dealers offer slightly higher; 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, polyester filament market maintains finishing. Cost support enhanced, polyester production and sales volume of some factories yesterday, today most polyester filament manufacturers reduced concessions, individual enterprise quotations were narrowed, and the focus of transaction fluctuated little. The inquiry atmosphere in the market is light, and the rate of production and marketing is declining. It is expected that the market price of filament will be arranged in a narrow range in the short term.
Polyester staple fiber
Today, the market of polyester staple fiber is adjusted in a narrow range. The cost support is on the strong side, the price of staple fiber fluctuates in a narrow range, the market purchase is mainly based on cash, and the production and sales of enterprises pick up. It is expected that the short-term market price of polyester staple fiber will maintain the finishing trend.
IV. Polyester Raw material Futures Market
PTA:7 21 PTA main 2309 contract opening price: 5890, lowest price: 5882, highest price: 5992, closing price: 5906, settlement price: 5926, up 28, position: 1765084.
Ethylene glycol: July 21 EG main contract 2309 opening price: 4140, lowest price: 4089, highest price: 4147, closing price: 4108, settlement price: 4122, down 40, position: 417199.
V. production and marketing data of polyester market
|
Product |
2023.7.21 |
2023.7.20 |
Rise and fall |
Unit |
|
Polyester chip |
75% |
50% |
+25% |
% |
|
Polyester filament |
40% |
300% |
-260% |
% |
|
Polyester staple fiber |
140% |
40% |
+100% |
% |
VI. Future forecast
International crude oil high fluctuations, polyester raw materials PTA and ethylene glycol market cost end support is still in, 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 a small adjustment, downstream rigid demand replenishment. 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.