Polyester industry chain: PTA continues to rise and the polyester market continues to strengthen
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September 13, 2023, 4:49 PM I. the market trend chart of polyester industry chain
On September 13th, the market price index of ethylene glycol was 4162.55, up 10.14 from the previous working day.
On Sept. 13, China's PTA market price index was 6325, up 50% from the previous working day.
On September 13, the market price index of polyester chips was 7150, up 50% from the previous working day. The market price index of polyester bottle chips was 7200, up 50% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.9.13 |
2023.9.12 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
6325 |
6275 |
+50 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.9.13 |
2023.9.12 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4165 |
4205 |
-40 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4260 |
4280 |
-20 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.9.13 |
2023.9.12 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
7150 |
7100 |
+50 |
Factory includes tax, yuan / ton |
|
Light slicing |
7220 |
7175 |
+45 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.13 |
2023.9.12 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7300 |
7250 |
+50 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7300 |
7250 |
+50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.13 |
2023.9.12 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
8025 |
7925 |
+100 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8550 |
8475 |
+75 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9375 |
9300 |
+75 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
8350 |
8200 |
+150 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.13 |
2023.9.12 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7750 |
7675 |
+75 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7775 |
7725 |
+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 high and strong, with a reference of 6325 yuan / ton. This week and next week, the main port delivery 01 liters of water 35-40 near the transaction and negotiations. Driven by the rise in the international crude oil market, PTA futures continued to rise. 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 weakens within a narrow range. International oil prices remain high, while the market mentality is loose, and the focus of negotiations in the ethylene glycol market has dropped slightly. The quotation in East China revolves around 4165 yuan / ton, down 40 yuan / ton from the previous working day. The quotation in South China is around 4260 yuan / ton. High-end support on the cost side. Ethylene glycol high inventory is difficult to ease in the short term, while downstream polyester demand is expected to weaken, weak supply and demand side suppression, it is expected that the short-term ethylene glycol market will maintain the consolidation pattern.
Polyester chip
Today, the polyester chip market continues to rise. Polyester raw material PTA market continues to rise, slicing factory offer up 50-100 yuan / ton, downstream high sentiment is extremely cautious, market trading atmosphere fell. It is expected that the market price of polyester chips will be narrowly arranged and run in the short term.
Polyester bottle chip
Today, the market for polyester bottle chips is narrow and strong. Polyester raw materials PTA market continued to rise boost, the mainstream bottle chip manufacturers offer up 50-100 yuan / ton, the market offer continues to rise; downstream cautious wait-and-see, market trading weakening. It is expected that the short-term lactone bottle market may maintain finishing.
Polyester filament
Today, the market of polyester filament is strong. Polyester raw material PTA market continues to rise, cost end support enhanced, polyester filament manufacturers quoted prices with the rise, the focus of market transactions continue to explore. The resistance in the lower reaches is heating up, and the market production and sales are flat. 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 fiber market maintains a strong pattern. The cost side continues to rise, and the spot market of polyester staple fiber rises accordingly. The downstream has a strong resistance to the high-priced supply, and the overall trading atmosphere of the market is light. It is expected that the short-term market price of polyester staple fiber will be adjusted slightly.
Polyester raw material futures market
PTA: Sept. 13 PTA main 2401 contract opening price: 6326, lowest price: 6244, highest price: 6338, closing price: 6282, settlement price: 6292, up 48, position: 1669426.
Ethylene glycol: September 13th EG main contract 2401 opening price: 4363, lowest price: 4276, highest price: 4376, closing price: 4308, settlement price: 4323, down 34, position: 431803.
V. production and marketing data of polyester market
|
Product |
2023.9.13 |
2023.9.12 |
Rise and fall |
Unit |
|
Polyester chip |
45% |
140% |
-95% |
% |
|
Polyester filament |
40% |
220% |
-180% |
% |
|
Polyester staple fiber |
40% |
120% |
-80% |
% |
VI. Future forecast
The international crude oil market is high and strong, the cost forms the support to the market, the polyester raw material PTA and the ethylene glycol market own supply and demand end weakens, the market lacks the sustainable promotion, the short-term market will maintain the high level fluctuation, the polyester raw material end promotes, the polyester market offer will adjust with the cost, the downstream buying is cautious, maintain the rigid demand for stock. Short-term polyester market prices are expected to fluctuate within a narrow range. In the later stage, we should pay close attention to the changes of the raw material market and the supply and demand of polyester itself.