Polyester industry chain: The raw material market pulls up and the polyester market is becoming stronger
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September 11, 2023, 4:31 PM I. the market trend chart of polyester industry chain
On September 11th, the market price index of ethylene glycol was 4139.17, up 28.91 from the previous working day.
China's PTA market price index was 6140 on Sept. 11, up 60% from the previous working day.
On September 11th, the market price index of polyester chips was 7050, up 25% from the previous working day. The market price index of polyester bottle chips was 7100, up 50% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.9.11 |
2023.9.8 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
6140 |
6080 |
+60 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.9.11 |
2023.9.8 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4170 |
4115 |
+55 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4300 |
4230 |
+70 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.9.11 |
2023.9.8 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
7050 |
7025 |
+25 |
Factory includes tax, yuan / ton |
|
Light slicing |
7100 |
7075 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.11 |
2023.9.8 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7100 |
7050 |
+50 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7100 |
7050 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7100 |
7050 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7100 |
7050 |
+50 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7100 |
7050 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7100 |
7050 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.11 |
2023.9.8 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7850 |
7850 |
0 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8375 |
8375 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9250 |
9250 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
8200 |
8200 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.11 |
2023.9.8 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7600 |
7550 |
+50 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7650 |
7600 |
+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 strong, with a reference of 6140 yuan / ton. This week and next week, the main port delivery 01 litre water 40-50 near the transaction and negotiations. The international crude oil market rose, the commodity market atmosphere was strong, and the PTA futures market rose. The supplier shipped normally, the downstream purchase maintained the rigid demand, and the firm transaction was limited. Short-term market volatility is expected to remain high.
Glycol
Today, the market price of ethylene glycol is narrow and strong. International oil prices continued to be strong, the overall trend of commodities was strong, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4170 yuan / ton, up 55 yuan / ton from the previous working day. The quotation in South China is around 4300 yuan / ton. High-end support on the cost side. Although the inventory of ethylene glycol in the main port continues to decline, downstream polyester demand is expected to weaken, weak supply and demand is suppressed, and the ethylene glycol market is expected to maintain the consolidation pattern in the short term.
Polyester chip
Today, the polyester chip market pulled up slightly. Polyester raw materials market prices rise, cost-driven, chip market negotiation focus slightly higher, the market supply of goods at low prices still exist, the overall market transaction atmosphere improved. 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. Polyester double raw materials market rose boost, 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 is arranged horizontally. Polyester raw material market is strong, under the support of the cost end, polyester manufacturers offer more stable, individual enterprise quotations narrowly raised, the market continues consolidation. Some of the downstream positions were covered ahead of time, and the local production and sales of the market warmed 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 market trend of polyester staple fiber is strong. The cost side rise boosted the spot market of polyester staple fiber. Downstream to maintain rigid demand buyers, enterprise production and marketing in general. It is expected that the short-term market price of polyester staple fiber will be adjusted slightly.
Polyester raw material futures market
PTA: Sept. 11 PTA main 2401 contract opening price: 6066, lowest price: 6040, highest price: 6138, closing price: 6114, settlement price: 6096, up 82, position: 1563149.
Ethylene glycol: September 11 EG main contract 2401 opening price: 4275, lowest price: 4255, highest price: 4357, closing price: 4333, settlement price: 4306, up 72, position: 446970.
V. production and marketing data of polyester market
|
Product |
2023.9.11 |
2023.9.8 |
Rise and fall |
Unit |
|
Polyester chip |
65% |
35% |
+30% |
% |
|
Polyester filament |
55% |
35% |
+20% |
% |
|
Polyester staple fiber |
60% |
55% |
+5% |
% |
VI. Future forecast
The international crude oil market is high and strong, the commodity market atmosphere is improving, the cost forms the boost to the market, the supply and demand end of polyester raw material PTA and ethylene glycol market is weak, it is expected that the short-term market will maintain high fluctuation, polyester raw material end will promote, polyester market offer will adjust slightly with cost, downstream buying will be cautious, maintain rigid demand for stock. 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.