Polyester industry chain: raw materials are rising one after another, the polyester market comes to a calm end
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February 7, 2024, 3:42 PM I. the market trend chart of polyester industry chain
On February 7th, the market price index of ethylene glycol was 4658.33, up 33.17 from the previous working day.
On Feb. 7, China's PTA market price index was 5915, up 40% from the previous working day.
On February 7th, the market price index of polyester chips was 6925, which was the same as that of the previous working day. The market price index of polyester bottle chips was 7050, up 50% from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2024.2.7 |
2024.2.6 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
5915 |
5875 |
+40 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2024.2.7 |
2024.2.6 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4660 |
4590 |
+70 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4670 |
4670 |
0 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2024.2.7 |
2024.2.6 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
6925 |
6925 |
0 |
Factory includes tax, yuan / ton |
|
Light slicing |
6925 |
6925 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2024.2.7 |
2024.2.6 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7050 |
7000 |
+50 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7050 |
7000 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7050 |
7000 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7150 |
7100 |
+50 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7000 |
7000 |
+50 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7000 |
7000 |
+50 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7000 |
7000 |
+50 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7100 |
7100 |
+50 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2024.2.7 |
2024.2.6 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7775 |
7775 |
0 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8400 |
8400 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9000 |
9000 |
0 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7950 |
7950 |
0 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2024.2.7 |
2024.2.6 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7250 |
7250 |
0 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7300 |
7300 |
0 |
Factory includes tax, yuan / ton |
III. Brief introduction of Polyester Industry chain Market
PTA
Today, East China PTA spot market narrowly pulled up, negotiation reference 5915 yuan / ton near. February main port and warehouse receipt delivery 05 litres of water 15-20 near the transaction and negotiations. The international crude oil market rose, the commodity market atmosphere strengthened, boosted the market mentality, the PTA futures market rose in a narrow range, the spot spread remained stable, traders and polyester factories were cautious, and the market trading was deserted. It is expected that the short-term market will maintain a narrow adjustment.
Glycol
Today, the market price of ethylene glycol rose within a narrow range. The international crude oil market has risen, the market mentality has improved, and the focus of negotiations in the ethylene glycol market has risen slightly. The quotation in East China revolves around 4660 yuan / ton, up 70 yuan / ton from the previous working day. The quotation in South China is around 4670 yuan / ton. Ethylene glycol port arrival decreased, port inventory decreased, while downstream polyester load continued to fall, market trading weakened. The lack of continuous drive in the market, the short-term ethylene glycol market is expected to maintain a volatile trend.
Polyester chip
Today, the polyester chip market maintains finishing. Polyester raw material PTA market is strong, the cost end support is stable, the polyester chip factory offer is stable, the market transaction center of gravity is low. At the end of the year, most of the downstream has been on holiday, and the production and marketing of enterprises are in the doldrums. 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 materials PTA market is strong, the cost end to promote the formation of the market, bottle chip manufacturers offer up 30-50 yuan / ton, market offer rose slightly; downstream cautious wait-and-see, light market trading atmosphere. It is expected that the short-term lactone bottle market may maintain finishing.
Polyester filament
Today's polyester filament market deadlock finishing. Polyester cost is firmly supported by the market, mainstream polyester manufacturers offer stable, and the center of gravity of market transactions fluctuates little. Most of the downstream has been on holiday, and the market trading is deserted. It is expected that the market price of filament will tend to be sorted out in the short term.
Polyester staple fiber
The market of polyester staple fiber fluctuates in a narrow range today. Cost-end finishing supports the market, and the mainstream quotations in the staple fiber market remain stable. Downstream sporadic replenishment, the market production and marketing is relatively weak. It is expected that the short-term market price of polyester staple fiber will be maintained.
IV. Polyester Raw material Futures Market
PTA: February 7 PTA main 2405 contract opening price: 5896, lowest price: 5878, highest price: 5920, closing price: 5900, settlement price: 5898, up 42, position: 999480.
Ethylene glycol: February 7 EG main contract 2405 opening price: 4606, lowest price: 4606, highest price: 4668, closing price: 4645, settlement price: 4640, up 48, position: 355261.
V. production and marketing data of polyester market
|
Product |
2024.2.7 |
2024.2.6 |
Rise and fall |
Unit |
|
Polyester chip |
5% |
5% |
0% |
% |
|
Polyester filament |
5% |
5% |
0% |
% |
|
Polyester staple fiber |
15% |
10% |
+5% |
% |
VI. Future forecast
The high fluctuation of the international crude oil market promotes the formation of the market, polyester raw material PTA and ethylene glycol market supply and demand, it is expected that the short-term market will be a narrow adjustment, polyester raw material end support, polyester market offer will be mainly adjusted slightly with the cost, downstream has been a holiday, the market production and marketing is weak. 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.