Polyester industry chain: Long and short stalemate, polyester market is sideways
115,192 
August 15, 2023, 4:25 PM I. the market trend chart of polyester industry chain
On August 15th, the market price index of ethylene glycol was 4004.14, down 12.72 from the previous working day.
China's PTA market price index was 5855 on Aug. 15, up 5% from the previous working day.
On August 15th, 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 |
2023.8.15 |
2023.8.14 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5855 |
5850 |
+5 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.8.15 |
2023.8.14 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
3920 |
3950 |
-30 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4100 |
4100 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.8.15 |
2023.8.14 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6825 |
6825 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
6875 |
6875 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.8.15 |
2023.8.14 |
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 |
2023.8.15 |
2023.8.14 |
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 |
7950 |
8050 |
-100 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.8.15 |
2023.8.14 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7400 |
7400 |
0 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7425 |
7425 |
0 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the East China PTA spot market maintains a range of shocks, with a reference of 5855 yuan / ton. In August, the main port delivery 09 liters of water 5-15 near the transaction and negotiations. The market supply is loose, the market mentality is cautious, the PTA futures disk range fluctuates, the suppliers ship normally, the spot basis maintains the arrangement, the downstream maintains the rigid demand to buy, the market trading atmosphere is light. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, the market price of ethylene glycol is weak. International crude oil fell to suppress, intraday short sentiment is heavy, the focus of market negotiations slightly moved down, East China quotation around 3920 yuan / ton, down 30% from the previous working day. The quotation in South China is around 4100 yuan / ton. The pre-arrival volume of East China port is reduced, the inventory is expected to be phased out, the downstream rigid demand is stable, and the cost end support is still there, it is expected that the ethylene glycol market will be adjusted narrowly in the short term.
Polyester chip
Today, the polyester chip market maintains finishing. The trend of the cost side is weak, the offer of slicing factories and traders is temporarily stable, the center of gravity of the market is stable, the downstream rigid demand is mainly for stock, and the market trading atmosphere is light. 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 arranged horizontally. Raw material PTA market trend is weak, the cost support is insufficient, the mainstream bottle chip manufacturers offer temporarily stable, the market transaction center of gravity is slightly adjusted; 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's polyester filament market deadlock finishing. The dual raw material market remains weak, polyester manufacturers are cautious, local negotiations are loose, and the market center of gravity is adjusted slightly. Downstream inquiry intention is low, the market trading is light. It is expected that the market price of filament will be arranged in a narrow range in the short term. Polyester staple fiber
The market of polyester staple fiber is in shock operation today. The cost support is still there, and the offer of staple fiber enterprises is stable. Some downstream factories have rigid demand for stock preparation, so individual enterprises prefer production and marketing. It is expected that the short-term market price of polyester staple fiber will be arranged slightly.
IV. Polyester Raw material Futures Market
PTA: August 15 PTA main 2401 contract opening price: 5754, lowest price: 5746, highest price: 5798, closing price: 5778, settlement price: 5774, down 22, position: 1249249.
Ethylene glycol: August 15 EG main contract 2309 opening price: 3942, lowest price: 3911, highest price: 3969, closing price: 3968, settlement price: 3941, down 14, position: 269294.
V. production and marketing data of polyester market
|
Product |
2023.8.15 |
2023.8.14 |
Rise and fall |
Unit |
|
Polyester chip |
40% |
35% |
+5% |
% |
|
Polyester filament |
40% |
35% |
+5% |
% |
|
Polyester staple fiber |
60% |
35% |
+25% |
% |
VI. Future forecast
International crude oil high fluctuation, cost end support, polyester raw material PTA and ethylene glycol market supply and demand side is weak, the short-term market will be narrow adjustment, polyester raw materials to promote the market. Polyester market offer is temporarily stable, the market is mainly cautious wait-and-see, downstream rigid demand replenishment. 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.