Polyester industry chain: Raw materials continue to rise, production and sales in the polyester market improve
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December 20, 2023, 4:13 PM I. the market trend chart of polyester industry chain
On December 20th, the market price index of ethylene glycol was 4197.91, up 65.23 from the previous working day.
China's PTA market price index was 5760 on Dec. 20, up 50% from the previous working day.
On December 20th, the market price index of polyester chips was 6675, up 25% from the previous working day. The market price index of polyester bottle chips was 6850, up 25% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2023.12.20 |
2023.12.19 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5760 |
5710 |
50 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2023.12.20 |
2023.12.19 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4300 |
4165 |
+135 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4350 |
4250 |
+100 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2023.12.20 |
2023.12.19 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6675 |
6650 |
+25 |
Factory includes tax, yuan / ton |
|
Light slicing |
6700 |
6675 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.20 |
2023.12.19 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
6850 |
6825 |
+25 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
6850 |
6825 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6850 |
6825 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6950 |
6925 |
+25 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
6850 |
6825 |
+25 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
6850 |
6825 |
+25 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
6850 |
6825 |
+25 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
6950 |
6925 |
+25 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.20 |
2023.12.19 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7400 |
7400 |
0 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8050 |
8050 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
8800 |
8800 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7600 |
7600 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2023.12.20 |
2023.12.19 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7200 |
7150 |
+50 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7250 |
7200 |
+50 |
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 5760 yuan / ton near. This week and next week, the main port delivery 01 liters of water near 10-15 transactions 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 price of ethylene glycol market fluctuated and rose. The international crude oil market continues to rise, 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 4300 yuan / ton, up 135yuan / ton from the previous working day. The quotation in South China is around 4350 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 gas buying rebounded, market production and sales improved. 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 continues to rise, 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 adjusted slightly. Polyester cost end is strong to support the market, most polyester manufacturers offer to maintain stability, some quotations slightly raised or concessions narrowed, the focus of market transactions slightly adjusted. Downstream rigid demand replenishment increased, part of the production and marketing is better. 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. Cost-side pull to promote the formation of the market, staple fiber market to negotiate a small increase in prices. Downstream rigid demand stock, enterprise 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 20 PTA main 2405 contract opening price: 5740, lowest price: 5732, highest price: 5862, closing price: 5852, settlement price: 5800, up 110, position: 1291261.
Ethylene glycol: December 20 EG main contract 2405 opening price: 4351, lowest price: 4348, highest price: 4525, closing price: 4485, settlement price: 4449, up 155, position: 437351.
V. production and marketing data of polyester market
|
Product |
2023.12.20 |
2023.12.19 |
Rise and fall |
Unit |
|
Polyester chip |
130% |
40% |
+90% |
% |
|
Polyester filament |
75% |
35% |
+40% |
% |
|
Polyester staple fiber |
70% |
65% |
+5% |
% |
VI. Future forecast
The international crude oil market rises, supporting the market mentality, polyester raw material PTA and ethylene glycol market supply and demand drive, it is expected that the short-term market will be a narrow adjustment, polyester raw material end support, polyester market offer will be slightly adjusted with the cost, downstream rigid demand for stock, market production and sales improved. 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.