Polyester industry chain: Cost side drives the polyester market to improve slightly
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August 9, 2023, 4:22 PM I. the market trend chart of polyester industry chain
On August 9th, the market price index of ethylene glycol was 4046.29, up 8.24 from the previous working day.
China's PTA market price index was 5825 on Aug. 9, up 25% from the previous working day.
On August 9th, the market price index of polyester chips was 6825, which was the same as that of the previous working day. The market price index of polyester bottle chips was 7025, which was the same as that of the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.8.9 |
2023.8.8 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5825 |
5800 |
+25 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.8.9 |
2023.8.8 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4010 |
4000 |
+10 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4150 |
4100 |
+50 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.8.9 |
2023.8.8 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6825 |
6825 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
6850 |
6850 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.8.9 |
2023.8.8 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7025 |
7025 |
0 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7025 |
7025 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
7025 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7125 |
0 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7025 |
7025 |
0 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7025 |
7025 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7025 |
7025 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7125 |
7125 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.8.9 |
2023.8.8 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7650 |
7650 |
0 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8225 |
8225 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9175 |
9175 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
8050 |
8050 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.8.9 |
2023.8.8 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7400 |
7300 |
+100 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7400 |
7350 |
+50 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of PTA in East China is slightly higher, with a reference of 5825 yuan / ton. In August, the main port delivery 09 litres of water 10-20 near the transaction and negotiations. International crude oil is strong and boosted, the PTA futures market is strong and volatile, the spot basis is generally stable, the basis of individual ports is slightly higher, sellers still have more shipments, downstream buying maintains rigid demand, and overall trading is general. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, the market price of ethylene glycol is slightly stronger. International oil prices continued to strengthen and boost, the buying atmosphere in the market was good, the focus of ethylene glycol negotiations moved upward, and spot market prices fluctuated higher. The price quoted in East China revolved around 4010 yuan / ton, up 10 yuan / ton from the previous working day. The quotation in South China is around 4150 yuan / ton. East China main port still has a large accumulation expectation, the market is lack of continuous drive, but polyester maintains high load, rigid demand is stable, and cost-end support is still there, it is expected that the ethylene glycol market will fluctuate in a narrow range in the short term.
Polyester chip
Today's polyester chip market is narrowly arranged. Polyester raw materials narrow range is strong, slicing factory shipping pressure is still in, offer is temporarily stable, some low-cost supply is reduced, the market transaction center of gravity is narrow adjustment. The trading atmosphere in the market improved, and the production and sales of some factories rebounded significantly. 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 is narrow and strong, cost support is enhanced, mainstream bottle chip manufacturers offer temporarily stable, dealers offer a small adjustment; downstream demand is weak, 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 adjusted slightly. With the production and sales volume of enterprises, coupled with the cost end support, polyester factory quotations rise and fall each other, the actual single specific negotiations. The downstream market will wait and see, and the market inquiry is deserted. It is expected that the market price of filament will be arranged in a narrow range in the short term.
Polyester staple fiber
Today, polyester staple fiber market maintains finishing. The trend of the raw material market is stronger, the cost end promotes the market, the offer of staple fiber market rises, and the supply of goods at low prices decreases. Recently, local spinning factory shipments have improved slightly, boosting the overall buying atmosphere, and the overall production and marketing of the enterprise is better. It is expected that the short-term market price of polyester staple fiber will be maintained.
IV. Polyester Raw material Futures Market
PTA: August 9 PTA main 2309 contract opening price: 5778, lowest price: 5768, highest price: 5854, closing price: 5832, settlement price: 5812, up 54, position: 771770.
Ethylene glycol: EG main contract 2309 opening price: 4020, lowest price: 4009, highest price: 4057, closing price: 4050, settlement price: 4036, up 24, position: 313975.
V. production and marketing data of polyester market
|
Product |
2023.8.9 |
2023.8.8 |
Rise and fall |
Unit |
|
Polyester chip |
70% |
45% |
+25% |
% |
|
Polyester filament |
60% |
75% |
-15% |
% |
|
Polyester staple fiber |
110% |
80% |
+30% |
% |
VI. Future forecast
International crude oil continues to strengthen, cost to promote the formation of the market, polyester raw materials PTA and ethylene glycol market supply and demand end is weak, the short-term market will be narrow adjustment, polyester raw materials to promote the formation of the market. Polyester market offer with the cost of a small adjustment, downstream rigid demand stock, local production and marketing is OK. Short-term polyester market prices are expected to fluctuate within a narrow range. Pay close attention to the changes of raw material market and demand side in the later stage.