In The Short Term, The Price Of PTA Will Show A Trend Of Shock Adjustment.
At present, the market supply side pressurization, polyester buying atmosphere is insufficient, so continue to rise power is insufficient, in the short term, the price of PTA will show a trend of shock adjustment.
Polyester raw material price index rose slightly, polyester raw material shocks strong, now East China PTA spot mainstream 4630 - 4650 yuan / ton, MEG mainstream 5250 - 5280 yuan / ton, polyester chip market stable wait-and-see, local upgrades, polyester chip section of Jiangsu and Zhejiang semi gloss slice cash or March acceptance 6200 - 6300 yuan / ton.
Xiaoshao area
Polyester market manufacturers offer stable, partial small rise, direct spinning factory POY 100D/36F mainstream 7300 yuan / ton, POY 150D/48F mainstream 6950 - 7000 yuan / ton, POY 300D/96F mainstream 6800 - 6850 yuan / ton; DTY market is stable, DTY150D/48F mainstream cash price is 8600 - 8650 yuan / ton, FDY partial rise, FDY150D/96F mainstream 7750 yuan / ton, FDY150D big bright mainstream 7900 - 8000 yuan / ton.
The polyester market has been watching steadily in recent days, with a slight concussion.
The whole cotton yarn is stable and upward. The price is partly raised. Some cotton mills are still ready to take orders. Stock is reduced. Some conventional C32S, C40S, JC21S and so on are running smoothly, and the demand for weaving in the downstream is increasing.
Some of the price of T/C polyester cotton yarn has also been raised.
Grey fabric price index closed at 118.25 points, down 1.88%, and rose 1.36% at the beginning of this year, up 4.77% compared with the same period last year.
The price index of grey cloth fell significantly.
Grey
Prices fell earlier than earlier.
The actual shipments in the grey fabric market have declined, and the shipment speed has slowed down locally.
The regular cotton yarn has been running better in recent years, and its price is strong and upward. The mainstream price of conventional C32S Shao Shao is between 22200 yuan and 22300 yuan per ton.
Xiaoshao area
Pure cotton yarn
The market is also available, the market price is rising locally, the mainstream of 21S combs is 21000 yuan / ton, the mainstream price is 21850 yuan / ton, the mainstream of 32S is 22000 yuan / ton, and the mainstream price of 40S high yarn is 23900 yuan / ton.
Among them: chemical fiber grey cloth spot pactions and orders decreased significantly, the price index showed a certain downward trend, polyester yarn grey fabric, polyester spinning fabric, polyester crepe grey fabric, polyester linen fabric and polyester satin grey fabric paction volume decreased significantly; the demand for natural fiber grey cloth decreased, and the price index showed a certain downward trend. The cotton yarn card gray cloth, pure cotton canvas grey cloth, pure cotton poplin grey cloth, pure cotton Bali yarn grey fabric market turnover decreased, and the overall price index of pulling fabric decreased significantly.
Market trading is OK, buying is still trading at the point of trading, polyester factory wait-and-see sentiment.
On the installation side, Helen petrochemical, 1 million 200 thousand tons / year, has been servicing for 17 days, and the planned overhaul time is two weeks.
Hengli petrochemical 2# plant 2 million 200 thousand tons / year PTA device was restarted on 18, the current load of 5.
Ningbo MITSUBISHI chemical 700 thousand tons / year PTA plant is planned to restart this week.
PX prices in Asia rose by US $0.2 to 782 US dollars / ton FOB Korea and 803 US dollars / tonne CFR China.
Downstream polyester production and marketing declined, and the polyester filament Market in Jiangsu and Zhejiang provinces showed a steady growth trend due to low inventories, and some of the mainstream enterprises increased by 50-100 yuan / ton.
Recently, the PTA repair device has been restarted gradually, and its construction has steadily recovered to 60.98%. However, due to the good performance of crude oil and PX, the cost side has certain support.
- Related reading
The Average Life Cycle Of PTA Devices Is Too Short And Overcapacity Is Becoming Increasingly Prominent.
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