Polyester industry chain: Rising raw materials drive the polyester market to strengthen
95,945 
September 1, 2023, 4:33 PM I. the market trend chart of polyester industry chain
On September 1st, the market price index of ethylene glycol was 4081.76, up 47.36 from the previous working day.
China's PTA market price index was 6200 on Sept. 1, up 25% from the previous working day.
On September 1st, the market price index of polyester chips was 6950, up 25% from the previous working day. The market price index of polyester bottle chips was 7075, up 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.9.1 |
2023.8.31 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
6200 |
6175 |
+25 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.9.1 |
2023.8.31 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4080 |
3995 |
+85 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4180 |
4120 |
+60 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.9.1 |
2023.8.31 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6975 |
6950 |
+25 |
Factory includes tax, yuan / ton |
|
Light slicing |
6950 |
6925 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.1 |
2023.8.31 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7075 |
7050 |
+25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7075 |
7050 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7075 |
7050 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7175 |
7150 |
+25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7075 |
7050 |
+25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7075 |
7050 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7075 |
7050 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7175 |
7150 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.1 |
2023.8.31 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7700 |
7675 |
+25 |
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 |
9100 |
9100 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
8000 |
8000 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.1 |
2023.8.31 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7600 |
7570 |
+30 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7630 |
7600 |
+30 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of PTA in East China is narrow and strong, so we can negotiate around 6200 yuan / ton. This week and next week, the main port delivery 01 litre water 55 near the transaction and negotiations. The rise of the international crude oil market boosted the market, and PTA futures continued to rise. The spot supply in the market is loose, the suppliers ship normally, the rigid demand is maintained downstream, and the spot trading in the market is improved. The short-term market is expected to maintain a narrow range of volatility.
Glycol
Today, ethylene glycol market price shock pull up. With the rise of the international crude oil market and the strong commodity atmosphere, the bullish sentiment in the market has been driven, and the focus of negotiations in the ethylene glycol market has risen. The quotation in East China revolves around 4080 yuan / ton, up 85 yuan / ton from the previous working day. The quotation in South China is around 4180 yuan / ton. The international crude oil market is strong and the cost is high. East China main port is expected to continue to accumulate, while the downstream polyester rigid demand is stable, it is expected that the short-term ethylene glycol market will maintain the finishing pattern.
Polyester chip
Today, the polyester chip market is strong. Polyester costs continue to rise to boost, slicing some factories offer up, downstream catch-up mood is not good, the overall market transaction is deserted. It is expected that the market price of polyester chips will be narrowly arranged in the short term.
Polyester bottle chip
Today, the market for polyester bottle chips is narrow and strong. Raw material PTA and ethylene glycol market strong promotion, some bottle chip manufacturers offer up 50 yuan / ton, market offer slightly higher; downstream cautious wait-and-see-based, light market trading. It is expected that the short-term lactone bottle market will maintain the finishing operation.
Polyester filament
Today's polyester filament market narrow finishing. Cost support is solid, polyester factories more stable quotations, some manufacturers offer upward or reduced concessions, ranging from 50-200 yuan / ton, local transaction center of gravity rose. Part of the downstream small cover positions, the overall trading of the market is flat. It is expected that the market price of filament will be arranged in a narrow range in the short term.
Polyester staple fiber
Polyester staple fiber market rose slightly today. Led by the rise in the polyester raw material market, staple fiber prices rose slightly, but the improvement of downstream demand is limited, the willingness to buy at high prices in the market is not strong, and the overall inquiry is lacking. It is expected that the short-term market price of polyester staple fiber will be adjusted slightly.
IV. Polyester Raw material Futures Market
PTA: September 1st PTA main 2401 contract opening price: 6140, lowest price: 6110, highest price: 6182, closing price: 6164, settlement price: 6148, up 40, position: 1732795.
Ethylene glycol: EG main contract 2401 opening price: 4128, lowest price: 4119, highest price: 4239, closing price: 4232, settlement price: 4190, up 98, position: 422255.
V. production and marketing data of polyester market
|
Product |
2023.9.1 |
2023.8.31 |
Rise and fall |
Unit |
|
Polyester chip |
50% |
55% |
-5% |
% |
|
Polyester filament |
40% |
30% |
+10% |
% |
|
Polyester staple fiber |
55% |
45% |
+10% |
% |
VI. Future forecast
The high position of the international crude oil market is strong, the cost promotes the formation of the market, the supply and demand end of polyester raw material PTA and ethylene glycol market is weak, the market lacks continuous drive, the short-term market will be adjusted narrowly, polyester raw materials form support to the market, polyester market offer is mainly adjusted slightly, downstream rigid demand for stock, market production and marketing is light. 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.