Polyester industry chain: Rising raw materials boost polyester market trend
91,208 
December 19, 2023, 4:21 PM I. the market trend chart of polyester industry chain
On December 19th, the market price index of ethylene glycol was 4132.68, up 22.22 from the previous working day.
China's PTA market price index was 5710 on Dec. 19, up 60 percent from the previous working day.
On December 19th, the market price index of polyester chips 6650 rose 25% compared with the previous working day. The market price index of polyester bottle chips was 6825, up 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.12.19 |
2023.12.18 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5710 |
5650 |
+60 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.12.19 |
2023.12.18 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4165 |
4145 |
+20 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4250 |
4200 |
+50 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.12.19 |
2023.12.18 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6650 |
6625 |
+25 |
Factory includes tax, yuan / ton |
|
Light slicing |
6675 |
6650 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.19 |
2023.12.18 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6825 |
6800 |
+25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6825 |
6800 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6825 |
6800 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6925 |
6900 |
+25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
6825 |
6800 |
+25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
6825 |
6800 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6825 |
6800 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6925 |
6900 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.19 |
2023.12.18 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7400 |
7350 |
+50 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8050 |
8000 |
+50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
8800 |
8750 |
+50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7600 |
7600 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.19 |
2023.12.18 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7150 |
7125 |
+25 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7200 |
7175 |
+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 5710 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 boosted the market, and the PTA futures market continued to rise. Spot basis fluctuation is small, traders and polyester factories rigid demand to buy mainly, the market mentality is cautious. It is expected that the short-term market will maintain a narrow adjustment.
Glycol
Today, the market price of ethylene glycol is on the strong side. The rise in the international crude oil market boosted the market mentality, and the focus of negotiations in the ethylene glycol market rose slightly. The quotation in East China revolved around 4165 yuan / ton, up 20 yuan / ton from the previous working day. The quotation in South China is around 4250 yuan / ton. Ethylene glycol port inventory decreased slightly, downstream polyester load remained stable, maintaining rigid demand for stock. The market is lack of 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. Polyester raw material PTA market continues to strengthen, driven by the cost end, polyester chip market trading center of gravity rose slightly. Downstream demand is relatively weak, the market production and marketing is depressed. 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 remains strong, the cost end to the market to boost, bottle chip manufacturers offer up 50 yuan / ton, market offer slightly increased; downstream demand is weak, carefully wait and see the market trend. It is expected that the short-term lactone bottle market may maintain finishing.
Polyester filament
Today, the market of polyester filament is slightly higher. The strong cost end of polyester boosted the market, the offers of mainstream polyester manufacturers remained stable, market preferences narrowed, and the focus of market transactions increased slightly. Downstream demand weakens, market turnover is low. 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 of polyester staple fiber is strong and volatile. The cost end is strong to support the market, and the staple fiber market talks about a small increase in prices. Downstream rigid demand stock, individual enterprises production and marketing is better. It is expected that the short-term market price of polyester staple fiber will be maintained.
IV. Polyester Raw material Futures Market
PTA: December 19th PTA main 2405 contract opening price: 5728, lowest price: 5720, highest price: 5764, closing price: 5730, settlement price: 5742, up 42, position: 1249784.
Ethylene glycol: December 19 EG main contract 2405 opening price: 4325, lowest price: 4308, highest price: 4350, closing price: 4348, settlement price: 4330, up 43, position: 349795.
V. production and marketing data of polyester market
|
Product |
2023.12.19 |
2023.12.18 |
Rise and fall |
Unit |
|
Polyester chip |
40% |
40% |
0% |
% |
|
Polyester filament |
35% |
40% |
-5% |
% |
|
Polyester staple fiber |
65% |
45% |
+20% |
% |
VI. Future forecast
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.