Polyester industry chain: Rising raw materials boosted the recovery of production and sales in the polyester market
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December 15, 2023, 4:18 PM I. the market trend chart of polyester industry chain
On December 15th, the market price index of ethylene glycol was 4095.74, up 12.6% from the previous working day.
China's PTA market price index was 5635 on Dec. 15, up 30% from the previous working day.
On December 15th, the market price index of polyester chips was 6625, up 25% from the previous working day. The market price index of polyester bottle chips was 6800, up 50% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.12.15 |
2023.12.14 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5635 |
5605 |
+30 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.12.15 |
2023.12.14 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4115 |
4090 |
+25 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4175 |
4150 |
+25 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.12.15 |
2023.12.14 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6625 |
6600 |
+25 |
Factory includes tax, yuan / ton |
|
Light slicing |
6650 |
6625 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.15 |
2023.12.14 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6800 |
6750 |
+50 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6800 |
6750 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6800 |
6750 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6900 |
6850 |
+50 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
6800 |
6750 |
+50 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
6800 |
6750 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6800 |
6750 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6900 |
6850 |
+50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.15 |
2023.12.14 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7325 |
7375 |
-50 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
7975 |
8000 |
-25 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
8700 |
8700 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7600 |
7600 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.15 |
2023.12.14 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7125 |
7075 |
+50 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7175 |
7150 |
+25 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, East China PTA spot market shock is strong, discuss reference 5635 yuan / ton near. This week and next week, the main port delivery 01 liters of water 5-15 near the transaction and negotiations. The rise of the international crude oil market has boosted, the atmosphere of China's commodity market has improved, and the PTA futures market has rebounded. Spot basis fluctuation is small, traders and polyester factories rigid demand to buy mainly, the market mentality is cautious. The short-term market is expected to maintain a weak adjustment.
Glycol
Today, the market price of ethylene glycol is on the strong side. The rise in international crude oil gave a boost to the market, and the focus of negotiations in the ethylene glycol market rose slightly. The price quoted in East China revolved around 4115 yuan / ton, up 25 yuan / ton from the previous working day. The quotation in South China is around 4175 yuan / ton. Ethylene glycol port inventory remains high, downstream polyester load remains stable, and rigid demand is maintained. The market lacks continuous drive, and the ethylene glycol market is expected to remain volatile in the short term.
Polyester chip
Today, the polyester chip market is strong. The polyester raw material PTA market rises, the cost end support strengthens, the polyester chip market low price goods source reduces, the market transaction center of gravity picks up slightly. Downstream demand increased, market production and sales rebounded. It is expected that the polyester chip market will maintain the finishing operation in the short term.
Polyester bottle chip
Today, the market for polyester bottle chips is narrow and strong. Polyester raw material PTA market rise, cost end boost, bottle chip manufacturers offer up 50 yuan / ton, market offer followed by rising; downstream demand is light, carefully wait and see the market trend. It is expected that the short-term lactone bottle market may maintain finishing.
Polyester filament
Today's polyester filament market deadlock finishing. Polyester cost end rebound to support the market, mainstream polyester manufacturers offer remained stable, some factories slightly reduced price shipments, the market transaction center of gravity adjusted slightly. Downstream stock preparation enthusiasm increased, the overall market production and marketing improved. It is expected that the market price of filament will tend to be sorted out in the short term.
Polyester staple fiber
Today, the market for polyester staple fiber is narrow and strong. The rise in the cost side boosted the market, and the staple fiber market negotiated a slight increase in prices. Downstream rigid demand replenishment increased, market production and sales rebounded. It is expected that the short-term market price of polyester staple fiber will be maintained.
IV. Polyester Raw material Futures Market
PTA: December 15 PTA main 2405 contract opening price: 5714, lowest price: 5576, highest price: 5714, closing price: 5678, settlement price: 5658, up 78, position: 1243202.
Ethylene glycol: December 15 EG main contract 2401 opening price: 4107, lowest price: 4107, highest price: 4167, closing price: 4156, settlement price: 4148, up 30%, position: 174611.
V. production and marketing data of polyester market
|
Product |
2023.12.15 |
2023.12.14 |
Rise and fall |
Unit |
|
Polyester chip |
120% |
40% |
+80% |
% |
|
Polyester filament |
200% |
50% |
+150% |
% |
|
Polyester staple fiber |
120% |
40% |
+80% |
% |
VI. Future forecast
The international crude oil market rises, boosts the market mentality, the polyester raw material PTA and the ethylene glycol market supply and demand end drive, the short-term market will adjust narrowly, the polyester raw material end support, the polyester market offer will mainly adjust slightly with the cost, the downstream rigid demand stock, the market production and sale rebounds. 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.