Weekly Market Analysis Of Polyester Market

Changshu Market:

This week, there is little market for polyester trading in the market, and the overall market trend remains stable. The 150D trading volume of FDY semi dull and coarse denier is acceptable. At present, weaving is better than large circular knitting machine, so the DTY75D/72F network is good.

Qian Qing: China light textile raw material city:

Generally speaking, the price of polyester generally increased slightly, and the overall tone was dominated by stable oscillation.

Raw materials market in Changyi, Shandong:

The daily market of polyester in Changyi market has not changed much in recent two days, and some products are slightly longer in price.

Shengze and Jiaxing markets:

This week, the market has a quiet atmosphere of polyester trading, and the overall trading volume is below the level. Most manufacturers offer a steady price. Although the FDY black silk and full dull FDY of the spinning factory continue to maintain a relatively good selling trend, other types of trading are light.

Due to the obvious rise of the polyester Market in the early stage, the purchasing action of the downstream enterprises is not large at present, and they dare not prepare too much stock to digest the existing stock first.

Upper reaches

New York Mercantile Exchange (NYMEX) crude oil futures closed 21

On the 20 day, the closing price of Asian PX was 1211.00-1212.00 USD / ton FOB Korea, 1226.00-1227.00 USD / ton CFR Taiwan, the price fell by 21 US dollars compared with the previous day.

PTA spot, the price trend is stable, 22 days, Jiangsu and Zhejiang mainstream trading price of 8400 yuan / ton, the market trading atmosphere is good.

The Asian PTA spot market has a strong atmosphere and the market offers a rare offer. The buyer's enquiry price for Taiwan products is $1045-1050 / ton, and the seller's selling mentality is obvious.

The major PTA production plants in October were stable at 8400-8500 yuan / ton.

The market atmosphere in East China and North China is light, and import prices are strong. The actual price of Korean goods is about $1030-1035 / ton.

Domestic PTA plant operating rate remained stable at 80%.

At present, the start-up of downstream weaving enterprises has dropped slightly.

After the initial stage purchase, the downstream weaving enterprises are cautious in purchasing and the purchasing intention is weak. Most of the polyester factories are unable to do the same on the day.

Analysis of future market

At present, the whole polyester market has a strong wait-and-see attitude. Because of the obvious rise of the polyester Market in the early stage, the purchasing enthusiasm of the downstream enterprises is not high at present, and the purchasing action is not large.