Polyester industry chain: The commodity atmosphere has weakened. The polyester market has declined slightly
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July 24, 2023, 4:28 PM I. the market trend chart of polyester industry chain
On July 24th, the market price index of ethylene glycol was 4040.47, down 16.95 from the previous working day.
On July 24, China's PTA market price index was 5870, down 50% from the previous working day.
On July 24, the market price index of polyester chips was 6800, down 50% from the previous working day. The market price index of polyester bottle chips was 6925, down 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.7.24 |
2023.7.21 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5870 |
5920 |
-50 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.7.24 |
2023.7.21 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4025 |
4065 |
-40 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4200 |
4200 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.7.24 |
2023.7.21 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6800 |
6850 |
-50 |
Factory includes tax, yuan / ton |
|
Light slicing |
6825 |
6850 |
-25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.24 |
2023.7.21 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7025 |
7050 |
-25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7025 |
7050 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
7050 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7150 |
-25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7025 |
7050 |
-25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7025 |
7050 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
7050 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7150 |
-25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.24 |
2023.7.21 |
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 |
8150 |
8150 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9050 |
9050 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7950 |
7950 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.24 |
2023.7.21 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7275 |
7300 |
-25 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7350 |
7375 |
-25 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, East China PTA spot market volatility weakens, negotiation reference 5870 yuan / ton near. 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. Commodities atmosphere weakens, PTA futures market volatility fell. Suppliers continue to ship, the market mentality is cautious, trading to maintain rigid demand. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, the market price of ethylene glycol is weak. Commodity sentiment weakened, the focus of ethylene glycol negotiations moved slightly down, East China quotation around 4025 yuan / ton, down 40 yuan / ton compared with 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, while the terminal order situation is not good, downstream multi-rigid demand procurement is mainly, it is expected that the short-term ethylene glycol market will fluctuate in a narrow range.
Polyester chip
Today, the polyester chip market is weak. Polyester raw material PTA market fell, cost support weakened, coupled with weak downstream demand, polyester chip market trading center of gravity narrowly weakened, market rigid demand mainly. 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 weak. Raw material PTA market is weak, lack of cost support, mainstream bottle chip manufacturers offer temporarily stable, dealers low-end offer increased; 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. The cost support is general, the quotation of polyester factory is adjusted individually, the overall stability is given priority to, the actual single concrete negotiation. The trading atmosphere in the market is deserted, the downstream rigid demand covers positions, and the production and marketing of enterprises are mediocre. 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 polyester staple market is narrowly weak. The demand is weak and the cost falls, and the price of staple fiber market falls in a narrow range. The market wait-and-see atmosphere is strong, the market buying maintains the rigid demand, the enterprise production and sales fall. 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 24 PTA main 2309 contract opening price: 5920, lowest price: 5830, highest price: 5926, closing price: 5830, settlement price: 5872, down 96, position: 1676888.
Ethylene glycol: July 24 EG main contract 2309 opening price: 4114, lowest price: 4056, highest price: 4119, closing price: 4059, settlement price: 4087, down 63, position: 410655.
V. production and marketing data of polyester market
|
Product |
2023.7.24 |
2023.7.21 |
Rise and fall |
Unit |
|
Polyester chip |
60% |
75% |
-15% |
% |
|
Polyester filament |
30% |
40% |
-10% |
% |
|
Polyester staple fiber |
40% |
140% |
-100% |
% |
VI. Future forecast
Commodity market atmosphere weakens, polyester raw materials PTA and ethylene glycol market mentality tends to be cautious, the short-term market will maintain a narrow adjustment, the cost side to promote the market. The polyester market offer adjusts slightly with the raw material market, the downstream demand weakens, the market production and marketing is depressed. 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.