Polyester industry chain: Restocking up on bargain hunting, polyester market production and sales improve
85,546 
September 22, 2023, 4:28 PM I. the market trend chart of polyester industry chain
On September 22nd, the market price index of ethylene glycol was 4189.30, down 15.8 from the previous working day.
China's PTA market price index was 6265 on Sept. 22, down 10% from the previous working day.
On September 22nd, the market price index of polyester chips was 7150, down 50% from the previous working day. The market price index of polyester bottle chips was 7175, down 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.9.22 |
2023.9.21 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
6265 |
6275 |
-10 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.9.22 |
2023.9.21 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4180 |
4200 |
-20 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4270 |
4280 |
-10 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.9.22 |
2023.9.21 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
7250 |
7275 |
-25 |
Factory includes tax, yuan / ton |
|
Light slicing |
7150 |
7200 |
-50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.22 |
2023.9.21 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7175 |
7200 |
-25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7175 |
7200 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7175 |
7200 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7275 |
7300 |
-25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7175 |
7200 |
-25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7175 |
7200 |
-25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7175 |
7200 |
-25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7275 |
7300 |
-25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.22 |
2023.9.21 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
8075 |
8175 |
-125 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8725 |
8775 |
-50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9400 |
9500 |
-100 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
8350 |
8450 |
-100 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.9.22 |
2023.9.21 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7750 |
7750 |
0 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7800 |
7875 |
0 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, the spot market of PTA in East China is slightly weaker, with a reference of 6265 yuan / ton. This week and next week, the main port delivery 01 litres of water 20-25 near the deal and negotiations. The international crude oil market fell, the commodity market atmosphere was weak, the PTA futures market was weak, the spot basis was maintained, the suppliers shipped normally, the downstream buying maintained rigid demand, and the actual transaction was limited. Short-term market volatility is expected to remain high.
Glycol
Today, the market price of ethylene glycol is narrow and weak. The fall in international crude oil prices has depressed the market atmosphere, and the focus of negotiations in the ethylene glycol market has weakened slightly. The quotation in East China revolves around 4180 yuan / ton, down 20 yuan / ton from the previous working day. The quotation in South China is around 4270 yuan / ton. The international crude oil fluctuates at a high level, the cost drives the market, and the port inventory is still at a high level, but the downstream polyester load decreases and the supply and demand side of the market is weak. It is expected that the ethylene glycol market will adjust at a high level in the short term.
Polyester chip
Today, the polyester chip market is weak. Polyester raw material PTA market is weak, cost support is general, polyester chip market transaction center of gravity is narrow downward. Downstream rigid demand for stock, enterprise production and sales rise. It is expected that the polyester chip market will run in a narrow range in the short term.
Polyester bottle chip
Today, the market for polyester bottle chips is weak. Polyester raw material PTA market is weak, cost support is general, mainstream bottle chip manufacturers offer down 50 yuan / ton, market offer is on the low end; downstream cautious wait-and-see, market trading downturn. It is expected that the short-term lactone bottle market may maintain finishing.
Polyester filament
Today, the market of polyester filament is weak. Cost support weakened, polyester factory quotations or preferential promotions, ranging from 50 to 100 yuan / ton, the focus of market negotiations decreased. Moderate replenishment of positions downstream, local production and sales pick 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 of polyester staple fiber is adjusted in a narrow range. The cost end support is general, the short fiber market quotation adjusts slightly. Downstream, the willingness to prepare goods at low prices has increased, and most enterprises have good production and sales. 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 22nd PTA main 2401 contract opening price: 6242, lowest price: 6210, highest price: 6286, closing price: 6254, settlement price: 6248, down 8, position: 1514169.
Ethylene glycol: September 22nd EG main contract 2401 opening price: 4329, lowest price: 4284, highest price: 4351, closing price: 4328, settlement price: 4316, down 27, position: 409682.
V. production and marketing data of polyester market
|
Product |
2023.9.22 |
2023.9.21 |
Rise and fall |
Unit |
|
Polyester chip |
70% |
40% |
+30% |
% |
|
Polyester filament |
90% |
40% |
+50% |
% |
|
Polyester staple fiber |
60% |
40% |
+20% |
% |
VI. Future forecast
The international crude oil market fluctuates high, forms the support to the market, the polyester raw material PTA and the ethylene glycol market supply and demand end weakens, the market confidence is insufficient, 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 rigid demand stock, the market production and sale improves. 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.