Polyester industry chain: The cost side drives the polyester market to rise slightly
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July 26, 2023, 4:24 PM I. the market trend chart of polyester industry chain
On July 26th, the market price index of ethylene glycol was 4076.49, up 23.31 from the previous working day.
China's PTA market price index was 5920 on July 26th, up 40% from the previous working day.
On July 26th, 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 6925, up 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.7.26 |
2023.7.25 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5920 |
5880 |
+40 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.7.26 |
2023.7.25 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4110 |
4055 |
+55 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4200 |
4200 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.7.26 |
2023.7.25 |
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 |
2023.7.26 |
2023.7.25 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7025 |
7000 |
+25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7025 |
7000 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
7000 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7100 |
+25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7025 |
7000 |
+25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7025 |
7000 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
7000 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7100 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.26 |
2023.7.25 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7600 |
7575 |
+25 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8175 |
8150 |
+25 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9100 |
9050 |
+50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7900 |
7900 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.7.26 |
2023.7.25 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7325 |
7300 |
+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, East China PTA spot market shock is strong, discuss reference 5920 yuan / ton near. From July to August, the main port will deliver 09 liters of water near 5-15 and negotiate. Boosted by China's policy and the rise of international crude oil, the intraday futures market pulled higher and then fell back, and the spot basis was stable. Spot supply is overloaded, the market buying mood is cautious, transaction rigid demand is the main. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, the market price of ethylene glycol is strong. The strength and boost of the international crude oil market, coupled with the reduction of the supply end of ethylene glycol, the ethylene glycol market is strong, and the basis difference maintains a strong trend. The quotation in East China revolves around 4110 yuan / ton, up 55 yuan / ton from the previous working day. The quotation in South China is around 4200 yuan / ton. China's supply shrinks, downstream polyester starts to maintain high load, the overall trend of commodities is strong, coupled with the support of the cost side, the ethylene glycol market is expected to fluctuate at a high level in the short term.
Polyester chip
Today's polyester chip market is narrowly arranged. The cost side is strong and boosted, the offer of the slicing factory is more stable, the shipping mood is strong, and the focus of transaction fluctuates little. The rigid market demand is mainly in stock, and the production and marketing of enterprises are general. 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 strong. Raw material PTA market is strong, cost support is enhanced, individual bottle chip manufacturers offer up 50 yuan / ton, dealers offer a small increase; 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, the market of polyester filament is slightly higher. Driven by the rise in costs, most manufacturers of polyester filament bid up 50-100 yuan / ton, and the center of gravity of the market has moved up in a narrow range. Downstream users moderately replenish their positions on every bargain, and local production and sales pick up. 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 maintains a strong trend. Driven by the rising cost, the price of staple fiber rose slightly. Downstream is more resistant to the supply of high-priced goods, and the production and marketing of enterprises are general. 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 26 PTA main 2309 contract opening price: 5880, lowest price: 5872, highest price: 5964, closing price: 5898, settlement price: 5916, up 18, position: 1611785.
Ethylene glycol: EG main contract 2309 opening price: 4130, lowest price: 4130, highest price: 4198, closing price: 4166, settlement price: 4165, up 66, position: 389989.
V. production and marketing data of polyester market
|
Product |
2023.7.26 |
2023.7.25 |
Rise and fall |
Unit |
|
Polyester chip |
45% |
40% |
+5% |
% |
|
Polyester filament |
110% |
40% |
+70% |
% |
|
Polyester staple fiber |
80% |
120% |
-40% |
% |
VI. Future forecast
Macro positive market mentality polyester raw materials PTA and ethylene glycol market in the cost end support, the short-term market will maintain a high adjustment, cost to promote the formation of the polyester market. Polyester market offer with the raw material market a small adjustment, downstream rigid demand replenishment, the market mentality is cautious. 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.