Polyester industry chain: Cost side supports narrow consolidation of polyester market
115,236 
July 25, 2023, 4:25 PM I. the market trend chart of polyester industry chain
On July 25th, the market price index of ethylene glycol was 4053.18, up 12.71 from the previous working day.
On July 25th, China's PTA market price index was 5880, up 10% from the previous working day.
On July 25, the market price index of polyester chips was 6800, which was stable compared with the previous working day. The market price index of polyester bottle chips was 6900, down 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.7.25 |
2023.7.24 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5880 |
5870 |
+10 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.7.25 |
2023.7.24 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4055 |
4025 |
+30 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4200 |
4200 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.7.25 |
2023.7.24 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6800 |
6800 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
6825 |
6825 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.25 |
2023.7.24 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7000 |
7025 |
-25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7000 |
7025 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7000 |
7025 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7100 |
7125 |
-25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7000 |
7025 |
-25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7000 |
7025 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7000 |
7025 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7100 |
7125 |
-25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.25 |
2023.7.24 |
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 |
7900 |
7950 |
-50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.25 |
2023.7.24 |
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 |
7375 |
7350 |
+25 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, East China PTA spot market range concussion, negotiation reference 5880 yuan / ton near. This week and next week, the main port delivery 09 litres of water 10-15 near the transaction and negotiations, August delivery of 09 litres of water 10-15 near the main port transactions and negotiations. Intra-day futures fell back high, the spot supply is sufficient, the market buying mood is cautious, the overall trading is general, the transaction rigid demand is mainly. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, the market price of ethylene glycol is strong. The rise in international crude oil and China's policy boost, the focus of ethylene glycol negotiations slightly increased, East China quotation around 4055 yuan / ton, up 30 yuan / ton compared with the previous working day. The quotation in South China is around 4200 yuan / ton. China's supply shrinks, port inventory removes slightly, while the overall performance on the demand side is weak, 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. Raw materials to maintain a narrow adjustment, cost support, polyester chip market transaction center of gravity to stabilize the operation, the market low-price supply still exists. Downstream cautious wait-and-see, enterprise production and sales decline. 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 finishing, insufficient cost support, mainstream bottle chip manufacturers offer down 50 yuan / ton, dealers low-end offer increased; downstream to maintain rigid demand replenishment, the market is mainly cautious wait and see. It is expected that the short-term lactone bottle market will be narrowly arranged.
Polyester filament
Today, polyester filament market maintains finishing. The cost support is stable, the quotation of polyester factory is stable, and the market consolidation is running. The market turnover maintains the rigid demand, the enterprise production and marketing is 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 market for polyester staple fiber is narrow and strong. Cost support has been strengthened, the supply of low-cost goods in the staple fiber market has been relatively reduced, and the focus of market negotiations has risen slightly. The market is more willing to replenish goods, and the production and marketing of enterprises are generally better. 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 25 PTA main 2309 contract opening price: 5862, lowest price: 5836, highest price: 5942, closing price: 5888, settlement price: 5880, up 16, position: 1646046.
Ethylene glycol: July 25th EG main contract 2309 opening price: 4072, lowest price: 4062, highest price: 4149, closing price: 4147, settlement price: 4100, up 60, position: 400983.
V. production and marketing data of polyester market
|
Product |
2023.7.25 |
2023.7.24 |
Rise and fall |
Unit |
|
Polyester chip |
40% |
60% |
-20% |
% |
|
Polyester filament |
40% |
30% |
+10% |
% |
|
Polyester staple fiber |
120% |
40% |
+80% |
% |
VI. Future forecast
Policy is good for the commodity market atmosphere, polyester raw materials PTA and ethylene glycol market in the high cost support, the short-term market will maintain a narrow adjustment, the cost side to promote the polyester market. The polyester market offer adjusts slightly with the raw material market, the downstream demand is light, maintains the 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.