Polyester industry chain: raw material side sawing polyester market is temporarily stable and wait and see
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September 18, 2023, 4:38 PM I. the market trend chart of polyester industry chain
On September 18th, the market price index of ethylene glycol was 4240.37, up 62.98 from the previous working day.
China's PTA market price index was 6340 on Sept. 18, down 110 from the previous working day.
On September 18, the market price index of polyester chips was 7300, which was the same as that of the previous working day. The market price index of polyester bottle chips was 7250, which was the same as that of the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.9.18 |
2023.9.15 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
6340 |
6450 |
-110 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.9.18 |
2023.9.15 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4270 |
4200 |
+70 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4350 |
4260 |
+90 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.9.18 |
2023.9.15 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
7350 |
7350 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
7300 |
7300 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.18 |
2023.9.15 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7250 |
7250 |
0 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7250 |
7250 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7250 |
7250 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7350 |
7350 |
0 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7250 |
7250 |
0 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7250 |
7250 |
0 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7250 |
7250 |
0 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7350 |
7350 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.18 |
2023.9.15 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
8175 |
8150 |
+25 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8725 |
8725 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9475 |
9475 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
8450 |
8450 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.18 |
2023.9.15 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7800 |
7850 |
-50 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7875 |
7925 |
-50 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of PTA in East China has fallen sharply, with a reference of 6340 yuan / ton. This week and next week, the main port delivery 01 litre water 15-20 near the transaction and negotiations. Demand weakening pressure, PTA futures market downward, spot basis is weak, suppliers normal shipments, downstream buying to maintain rigid demand, real trading is rare. Short-term market volatility is expected to remain high.
Glycol
Today, the market price of ethylene glycol is narrow and strong. The international oil price is strong, boosting the market mentality, and the focus of negotiations in the ethylene glycol market continues to rise. The price quoted in East China revolves around 4270 yuan / ton, up 70 yuan / ton from the previous working day. The quotation in South China is around 4350 yuan / ton. High-end support on the cost side. Ethylene glycol main port delivery data is good, inventory continues to decline and some factory maintenance plans have been introduced to boost the market, while downstream polyester demand is expected to weaken, the ethylene glycol market is expected to remain high in the short term. Polyester chip
Today, the polyester chip market maintains finishing. Polyester raw material PTA market fell, cost support is general, chip supply has been reduced recently, and factory offers are more stable. Downstream demand is relatively weak, the market transaction atmosphere is low. It is expected that the market price of polyester chips will be narrowly arranged and run in the short term.
Polyester bottle chip
Today's polyester bottle chip market is arranged in a narrow range. Polyester raw material PTA market fell, while ethylene glycol market is strong, high-cost support, mainstream bottle chip manufacturers offer remained stable, market offer slightly adjusted; downstream cautious wait-and-see, market trading downturn. It is expected that the short-term lactone bottle market may maintain finishing.
Polyester filament
Today's polyester filament market high-end finishing. Polyester double raw materials rise and fall each other, the cost end does not fluctuate much, polyester manufacturers are cautious, local quotations are narrowly raised, and the market as a whole is consolidated. Downstream rigid demand for stock, firm transactions are rare. 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 market is narrowly weak. The cost end began to loosen, staple market prices have been adjusted back, the overall trading atmosphere is general, wait-and-see mood is strong. It is expected that the short-term market price of polyester staple fiber will be adjusted slightly.
Polyester raw material futures market
PTA: September 18 PTA main 2401 contract opening price: 6386, lowest price: 6292, highest price: 6392, closing price: 6320, settlement price: 6330, down 112, position: 1612313.
Ethylene glycol: September 18 EG main contract 2401 opening price: 4358, lowest price: 4352, highest price: 4451, closing price: 4352, settlement price: 4398, up 42, position: 441604.
V. production and marketing data of polyester market
|
Product |
2023.9.18 |
2023.9.15 |
Rise and fall |
Unit |
|
Polyester chip |
45% |
60% |
-15% |
% |
|
Polyester filament |
35% |
35% |
0% |
% |
|
Polyester staple fiber |
40% |
30% |
+10% |
% |
VI. Future forecast
The international crude oil market maintains a high level, the cost forms the support to the market, the polyester raw material PTA and ethylene glycol market own supply tightens, but the demand end is weak, the short-term market is expected to maintain high volatility, polyester raw material end drive, polyester market offer will be adjusted with cost, downstream buying cautious, market production and sales light. 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.