Polyester industry chain: Welcome to a good start after the holiday, the polyester market rises across the board
82,995 
February 18, 2024, 4:35 PM I. the market trend chart of polyester industry chain
On February 18th, the market price index of ethylene glycol was 4672.61, up 14.28 from the previous working day.
On February 18th, China's PTA market price index was 6000, up 85% from the previous working day.
On February 18, the market price index of polyester chips was 7000, up 75% from the previous working day. The market price index of polyester bottle chips was 7150, up 100 from the previous working day.
II. Summary of market price of polyester industry chain
|
Product |
Specifications |
Market |
2024.2.18 |
2024.2.7 |
Rise and fall |
Remarks |
|
PTA |
Spot |
East China |
6000 |
5915 |
+85 |
Self-withdrawing tax, yuan / ton |
|
Product |
Specifications |
Market |
2024.2.18 |
2024.2.7 |
Rise and fall |
Remarks |
|
Glycol |
Polyester grade |
East China |
4680 |
4660 |
+20 |
Self-withdrawing tax, yuan / ton |
|
Polyester grade |
South China |
4700 |
4670 |
+30 |
Short delivery including tax, yuan / ton |
|
|
Product |
Specifications |
Market |
2024.2.18 |
2024.2.7 |
Rise and fall |
Remarks |
|
Polyester chip |
Semi-light section |
East China |
7000 |
6925 |
+75 |
Factory includes tax, yuan / ton |
|
Light slicing |
7000 |
6925 |
+75 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2024.2.18 |
2024.2.7 |
Rise and fall |
Remarks |
|
Polyester bottle chip |
Aquarius level (IV.=0.8) |
East China |
7150 |
7050 |
+100 |
Factory includes tax, yuan / ton |
|
Oil bottle grade |
7150 |
7050 |
+100 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7150 |
7050 |
+100 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7250 |
7150 |
+100 |
Factory includes tax, yuan / ton |
||
|
Aquarius level (IV.=0.8) |
South China |
7150 |
7050 |
+100 |
Factory includes tax, yuan / ton |
|
|
Oil bottle grade |
7150 |
7050 |
+100 |
Factory includes tax, yuan / ton |
||
|
Hot pot grade |
7150 |
7050 |
+100 |
Factory includes tax, yuan / ton |
||
|
Carbonic acid grade |
7250 |
7150 |
+100 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2024.2.18 |
2024.2.7 |
Rise and fall |
Remarks |
|
Polyester filament |
Jiangsu and Zhejiang market POY150D/48F |
East China |
7825 |
7775 |
+50 |
Factory includes tax, yuan / ton |
|
Jiangsu and Zhejiang market FDY150D/96F |
8450 |
8400 |
+50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market DTY150D/48F |
9050 |
9000 |
+50 |
Factory includes tax, yuan / ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
8050 |
7950 |
+100 |
Factory includes tax, yuan / ton |
||
|
Product |
Specifications |
Market |
2024.2.18 |
2024.2.7 |
Rise and fall |
Remarks |
|
Polyester staple yarn |
Semi-glossy white 1.56: 38 |
Jiangsu Province |
7400 |
7250 |
+150 |
Factory includes tax, yuan / ton |
|
Semi-glossy white 1.56: 38 |
Zhejiang |
7450 |
7300 |
+150 |
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 6000 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, boosting the market mentality, the PTA market offer rose in a narrow range, the spot basis 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 4680 yuan / ton, up 20 yuan / ton from the previous working day. The quotation in South China is around 4700 yuan / ton. Ethylene glycol port inventory growth is limited, downstream polyester load began to pick up, supply and demand to support the market. 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 is strong. International crude oil rose to boost, cost-end support enhanced, some polyester chip factory offers increased, the focus of market negotiations slightly increased. After the festival downstream rigid demand replenishment, carefully wait and see the market trend. 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. The rise of international crude oil, the cost side to promote the market, bottle chip manufacturers offer up 50 yuan / ton, market offer slightly higher; 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, the market of polyester filament is slightly higher. Rising costs to promote the formation of the market, the mainstream polyester manufacturers offer upward, the center of gravity of the market slightly higher. The downstream has not followed up for the time being, 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
Polyester staple fiber market rose narrowly today. The rise of international crude oil gave a boost to the market, and the mainstream quotations in the staple fiber market rose. 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 8 PTA main force 2405 contract opening price: 5912, lowest price: 5900, highest price: 5948, closing price: 5912, settlement price: 5918, up 14, position: 962076.
Ethylene glycol: February 8th EG main contract 2405 opening price: 4654, lowest price: 4614, highest price: 4686, closing price: 4652, settlement price: 4641, up 12, position: 335992.
V. production and marketing data of polyester market
|
Product |
2024.2.18 |
2024.2.7 |
Rise and fall |
Unit |
|
Polyester chip |
60% |
5% |
+55% |
% |
|
Polyester filament |
10% |
5% |
+5% |
% |
|
Polyester staple fiber |
20% |
5% |
+15% |
% |
VI. Future forecast
The international crude oil market is higher, promoting the formation of the market, polyester raw materials PTA and ethylene glycol market supply and demand end promotion, it is expected that the short-term market will be a narrow adjustment, polyester raw material end support, polyester market offer will mainly adjust slightly with the cost, downstream more did not return to the market, market production and sales light. 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.