In From December 17Th To 19Th, The Polyester Market In Jiangsu And Zhejiang Provinces Remained Weak.

By the end of December 16th, the New York Mercantile Exchange, Texas light crude oil futures price in January closed at $93.53 / barrel, down 0.34 U.S. dollars / barrel; London market Intercontinental Exchange Beihai Brent crude oil futures closed at 103.35 U.S. dollars / barrel, down 0.25 U.S. dollars / barrel.

In December 16th, Asian PX prices rose 11 US dollars / ton to 1444 US dollars / ton FOB Korea, and European PX price rose 28 US dollars to 1339 US dollars / ton FOB Rotterdam.

In from December 17th to 18th, the polyester Market in Jiangsu and Zhejiang provinces remained weak.

In December 19th, the polyester Market in Jiangsu and Zhejiang was dominated by disadvantaged finishing. The market of polyester market was stable and weak. Most spinning factories were mainly stable in silk price, and there was moderate discount in some parts. The price of some manufacturers with stronger intentions appeared to be on the decline. The decline was between 100 and 200 yuan / ton, and the area of preferential negotiation had been enlarged. FDY silk still had a partial decline.

Upstream polyester raw materials PTA and MEG wait-and-see mentality dominated, Jiangsu and Zhejiang area semi glossy polyester chip, light polyester chip market weak finishing price continued to decline.

The external market is empty, and the polyester and silk production and sales in Jiangsu and Zhejiang are not strong.

Among them: Zhejiang polyester market is dominated by disadvantaged finishing, and Jiangsu polyester market is dominated by stability and weakness.

Up to now, the downstream weaving enterprises tend to be cautious about the purchase of polyester, and the sales of the spinning enterprises are weakening. The production and sales of polyester and silk enterprises in Jiangsu and Zhejiang provinces are still declining. The industry expects that the polyester market will continue to weaken in the short term, and the sales will still decline, because spinning enterprises have no stock pressure until now, but the price of polyester will be mostly based on Ping Bao. However, with the end of 2011, the majority of polyester enterprises will be dominated by shipping, and some of the prices will be higher.

In December 19th, the polyester Market in Zhejiang market was dominated by disadvantaged finishing, and the quotations of polyester factories were relatively deadlocked.

Zhejiang market on the 19 day Tongxiang market polyester Market sideways finishing, polyester quotes basically stable, a mainstream factory silk price is basically stable, now POY150D/144F cash offer of 13650 yuan / ton.

By December 19th, Xiaoshao polyester market was weak, and the quotations for polyester were basically stable.

Among them, the polyester market quotation of Xiaoshan market is stable and weak, and the price of polyester quotation is basically stable. Because of the high price of polyester enterprises in December 17th (Saturday), there has been a drop in the price of polyester enterprises. The 19 day is basically stable, and the individual price is high. The price of polyester specifications and varieties is moderately lowered, and the production and sales of polyester products are still falling back. Some of the spinning enterprises have continued to decline in enquiry atmosphere; the market of Shaoxing polyester market has been partially weak, the price of polyester is basically stable, the price of individual polyester is basically stable, the price of individual polyester is high, and the price of polyester specifications is moderately lowered.

In December 19th, the overall market of Xiaoshao FDY was steadily weakening, the price was basically stable, the individual prices were high, and the specifications of polyester specifications and varieties were moderately lowered; the quotations of FDY silk of the mainstream polyester factories in Xiaoshan were basically stable, and the individual prices were on the high side. The quotations of polyester specifications and varieties were moderately lowered. The quotations of FDY wire in Shaoxing's main factory were basically stable, and the coarse FDY yarn was actually sold at a large volume and there was a discount sale.

On the 19 day, Xiaoshao DTY silk marketing atmosphere weakened, DTY silk market quotation steady finishing part still fell; Xiaoshan mainstream polyester factory DTY quotes basically stable part still fell, the market showed stable trend; Shaoxing DTY silk market partial reduction, quotation basically stable part still fell, fine denier silk and DTY porous wire paction price trend stabilized partial light.

19 Xiaoshao POY silk market stability is weak, POY silk turnover is relatively weak, the price trend is basically stable part of the decline is still there, the mainstream of Xiaoshan polyester factory POY silk market stability is weak, POY wire quotation local basic stability department still has a decline; Shaoxing market POY silk market stability is weak, price basic stability department still fell, weaving with POY wire quotation steady finishing, polyester enterprises reflect early morning inquiry atmosphere is weaker, compared with the previous few days still fell.

In December 19th, the quotation of polyester factory in Xiaoshao market was relatively stable. The polyester Market in Xiaoshan market was stable and weak, and the quotations of polyester factories were basically stable. Because of the high price of polyester enterprises in December 17th (Saturday), most of the prices of polyester enterprises had dropped to 19 days, with the basic stability being the main. The quotations of Xiaoshan polyester factory were basically stable, and the FDY150D/96F quoted price was 12600 yuan / ton, and the DTY150D/144F micro net quoted price was 13800 yuan / ton; the price of POY wire in another big factory of the Xiaoshan was basically stable, and POY75D/36F cash quoted price was 11950 yuan / ton.

In December 19th, the polyester Market in Jiangsu market was stable and weak, and the quotation of polyester enterprises fell partially.

On the 19 day, the market in Shengze was weak, and the price of silk fell partially. Now the mainstream FDY big factory silk price dropped by 200 yuan / ton, and now the FDY50D/48F cash price is 13400 yuan / ton.

On the 19 day, the polyester Market in Taicang market was relatively stable, and the quotations for polyester were basically stable. The price of some polyester products in the mainstream factory was basically stable, and the cash offer of POY150D/144F was about 12550 yuan / ton.

In December 19th, the market atmosphere of PTA showed a wait-and-see trend, and the intent of buyers was relatively light. The price of PTA spot market was relatively deadlocked. The actual negotiating price was near 8370 yuan / ton, and the market price of PTA East China internal market was relatively deadlocked, and the market situation showed a weak trend of adjustment.

On the 19 day, the market trend of PTA external market was relatively deadlocked. The price of actual negotiation was near $1080 / ton, and the price trend showed a relatively stalemate trend.

In December 19th, the marketing atmosphere of MEG showed a trend of adjustment. The actual price of the domestic market was about 8250 yuan / ton, and the price of MEG East China domestic market rose slightly, and the marketing atmosphere showed a wait-and-see trend.

In December 19th, the MEG imported spot market was relatively deadlocked, and the actual price was about $1067 / ton, and the price was relatively deadlocked.

In December 19th, the mainstream price of semi gloss polyester chips in Jiangsu and Zhejiang markets was near 10450 yuan / ton (cash). The prices of semi sliced chips in Jiangsu and Zhejiang provinces continued to show a trend of stalemate, and the market quotas fell partially.