One Week Market Overview Of Polyester Staple Fiber Market (10.29-11.4)

Recently, domestic polyester staple fiber market Continue to decline mainly, and the price drops range Compared with last week, market The transaction situation is not good, the production and sales rate of enterprises is still not optimistic, and the inventory increases. At the level of about two weeks, the production load of the industry has declined, and some enterprises have started the load reduction plan. The current downturn in production and sales of downstream yarn enterprises is the key factor affecting the market situation of polyester staple fiber. At the same time, because the polyester raw material market is still in the process of controlling the bottom, the polyester staple fiber market is pessimistic, and the market lacks favorable information. Since the beginning of this week, the polyester raw material market has fluctuated, and the market is not clear about the direction, so the polyester staple fiber market has remained weak. At present, the sluggish production and marketing of downstream industries is the biggest obstacle restricting the polyester staple fiber market, because yarn enterprises are generally facing high inventory and tight capital, and the operating pressure is high. Recently, the international oil market has been adjusted above $90, and the current price is about $92. The PX market declined significantly in a week, and the current price in Asia is about 1410 dollars. PTA market atmosphere has slightly improved, and the price is stable. The internal market quotation is 8600 yuan/ton, and the external negotiated price is about 1100 dollars/ton. The MEG market has a similar pace with PTA, and the mainstream negotiation price in the internal market is 8650 yuan/ton. The contract settlement price of Sinopec polyester chips in November was 12100 yuan/ton for semi gloss chips, 12100 yuan/ton for polished chips and industrial silk chips, and 12900 yuan/ton for full extinction chips. There is still a weak adjustment in the polyester chip market, the market price center is down, and the market mainstream cash negotiation price is about 11000 yuan/ton. The pre quotation of Sinopec polyester staple fiber contract in November is 13000 yuan/ton for 1.4D semi gloss, 13050 yuan/ton for 1.2D semi gloss, and 14000 yuan/ton for 1.2D semi gloss (delivered); The weekly market guide price is 12550 yuan/ton for 1.4D semi light, 12600 yuan/ton for 1.2D semi light and 13550 yuan/ton for 1.2D semi light (delivery). At present, the price range of 1.4D polyester staple fiber delivered to the domestic mainstream market is 11800-11900 yuan/ton (cash or acceptance), which is 500 yuan/ton lower than last week.

Recently, the market decline of polyester staple fiber in East China has resumed, the market quotation continues to fall, and the transaction situation is still poor. The enterprises still focus on shipping, and the market parties are lack of confidence in the future market. The demand of yarn enterprises for polyester staple fiber is still not ideal. Most of them focus on small order replenishment and consumption of inventory polyester staple fiber. They are pessimistic about the market development, and the promotion of polyester staple fiber enterprises is widespread, The price depends on the volume of transactions, and the inventory of the enterprise has risen to the highest level in the near future. At present, the polyester staple fiber market is significantly affected by the upstream and downstream markets. The upstream polyester raw material still has a downward trend, and the downstream demand is sluggish. The local 1.4D polyester staple fiber mainstream cash delivery transaction price is 11900 yuan/ton. Compared with last week, the market quotation has dropped by 500 yuan/ton. It is expected that the local polyester staple fiber market will be dominated by weak adjustment in the future. Recently, the market of polyester staple fiber in South China is cold, the market quotation continues to fall, the market transaction atmosphere is not good, the volume is not optimistic, the transaction resistance is large, the transaction price is mainly negotiated, the production and marketing of polyester staple fiber enterprises are deteriorating, the operating rate of downstream yarn enterprises is declining, and the terminal market is depressed, which has seriously affected the demand of yarn enterprises for polyester staple fiber, Market traders are also just bulk replenishment. The local market's 1.4D polyester staple staple mainstream cash delivery transaction quotation is 11900 yuan/ton (delivery price), which is 500 yuan/ton lower than last week. It is expected that the local polyester staple market will be dominated by weak adjustment in the short term. The weakness of polyester staple fiber market in North China has intensified, the decline of quotation has increased, the market transaction resistance is large, the discount of interest is more common, the market confidence is difficult to shake, and the price is messy. Downstream enterprises themselves are under great pressure to operate. They have a strong wait-and-see attitude towards the polyester short-term market. Demand is not strong, and procurement is cautious. The market traders also make up the position on a small basis and do not stock up. The transaction price of local 1.4D staple staple mainstream delivery is at the level of 11900 yuan/ton. Compared with last week, the market price is down 500 yuan/ton. It is expected that the future market price of local staple staple will be dominated by weak adjustment in the short term. Worries about the polyester staple fiber market in southwest China increased, market quotations continued to fall, and the transaction atmosphere was light. Enterprises generally maintained preferential promotional measures and lacked confidence in the future market. At the same time, low quotations are constantly appearing in the market, which has a great impact on the market mentality. The demand of downstream yarn enterprises is sluggish, and the purchase of polyester staple fiber is insufficient. At present, the local 1.4D mainstream delivery transaction quotation is 12100 yuan/ton, which is 500 yuan/ton lower than last week. It is expected that the local polyester staple fiber market will be dominated by consolidation.

Recently, the domestic yarn market is still weak, the market quotation continues to fall, the enterprise inventory rises, and the inventory pressure increases. At present, yarn enterprises mainly digest inventory. Among them, the market of cotton yarn and pure polyester yarn is particularly depressed, and the shipping psychology of enterprises is obvious. Although the price of pure cotton yarn has not dropped significantly, the enterprises are also under great shipping pressure. As the price of polyester staple fiber keeps falling, the pure polyester yarn market is under the pressure of falling raw materials, and the market transaction situation is poor. The pressure of yarn enterprises continues to rise, and there are few transactions in the high count yarn market. It is expected that the pure polyester yarn market will remain intact. The market atmosphere of pure cotton yarn continues to fall, the market sentiment is becoming more bearish, the sales situation continues to decline, the enterprise shipping psychology is the main factor, the cotton market pressure is large, which makes the pure cotton yarn market difficult to have confidence, so the market of pure cotton yarn is still weak and light in the near future. The viscose staple fiber market also declined mainly, which made the cotton yarn market not supported, the market mentality was low, and the sales were relatively low. It is expected that the cotton yarn market will continue to decline mainly in a weak way in the short term. The yarn market in Xiao Shao area is mainly down, the market atmosphere is not good, the price is still declining, and the transaction situation is not optimistic. The pure polyester yarn market has continued to decline, the price decline has increased, the market transaction is insufficient, and the downstream demand is not strong. It is expected that the pure polyester yarn market will continue to decline. The price of pure cotton yarn fell steadily, the market transaction was weak, the market price of artificial cotton yarn fell, and the turnover was insufficient. 16s market quotation is 16100 yuan/ton, 21s market quotation is 16200 yuan/ton, 32s market quotation is 16500 yuan/ton. On the other hand, Shengze market, the mainstream market, is generally weak, with prices also falling. The market atmosphere is weak, and there is a great deal of resistance. The market price of pure polyester yarn is affected by the decline in the price of polyester staple fiber, which falls every day. The market transaction pressure is high, and it is expected that the quotation of pure polyester yarn will continue to fall. The pure cotton yarn market is not optimistic, the market atmosphere is flat, and the price drops. The market of human cotton yarn has declined and the price has fallen. Pure polyester yarn: 16200 yuan/ton for 32s, 17200 yuan/ton for 45s. Shandong yarn market continued to decline, the market transaction atmosphere was cold, the quotation fell, the pure polyester yarn market was still poor, the price fell, and the turnover was insufficient. The market of pure cotton yarn is not good, the price is under pressure, and the transaction status is general. The market of human cotton yarn is overcast and the price is average. 15900 yuan/ton for 21s and 16500 yuan/ton for 32s. The yarn market in South China is quiet, and the market transaction situation is not optimistic. The quotation of pure polyester yarn is still declining, and the turnover is insufficient. The market performance of pure cotton yarn is weak, the market turnover is average, and the market of rayon yarn is still slightly down. The mainstream quotation of 32s pure polyester yarn is 16200 yuan/ton.

Recently, the production and sales of domestic polyester staple fiber market are not flourishing, and the market decline has been maintained for a long time. Judging from the situation of downstream enterprises, the yarn production and sales will remain sluggish for a period of time, and the burden reduction measures will increase, and the market will be difficult to improve in the short term. The upstream raw material market lacks a good foundation, and the market turbulence is hard to stop. In the case of production and marketing difficulties in the polyester staple fiber industry, the enterprise burden reduction measures will also increase, but the market supply is still sufficient. From the current market analysis, there is a strong atmosphere of empty space. It is expected that the polyester staple fiber market will continue to decline in the short term.