Shengze And Jiaxing Markets: Polyester Remains Stable After Falling

The overall sales situation of the polyester market is still poor due to the continuing decline of the upstream raw material prices. This week, the overall price of polyester varieties showed a downward trend, ranging from 200-300 yuan / ton.

By Thursday and Friday PTA strong trend and just need to make up for the support factor, Friday polyester production and sales have picked up, polyester product inventory is in low position, in Saturday POY appears to increase or cancel the preferential phenomenon, but the Sunday production and sales rate has dropped significantly.

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Look, DTY silk 75D/144F, 150D/288F flat wire market more dynamic sales, generally speaking, DTY series products and more F silk sales slightly better conventional silk.

In the polyester market, the sales of conventional products FDY63D and 68D increased significantly on Friday and six, and the demand for FDY and multi F markets was better. For example, 75D/72F and 100D/72F were mainly used to produce twisting fabrics such as "imitation silk" series scarf fabrics and so on.

Also walking around, mainly used for production of Hua Yao fabric, FDY68D/48F price is around 9900 yuan /T.

And light polyester FDY silk varieties temporarily stable situation, for example, the market of large gloss FDY75D/36F is generally traded, while the large gloss FDY150D/84F or 85F is more dynamic pin, which is used to produce weft fabrics such as Oxford water cloth bags and Jin polyester spinning fabrics.

At the same time, FDY has a good sales of 300D products.

On FDY, all extinction products sell slightly.

Enter this week POY quotation continues to decline, and some manufacturers have many concessions when they deal, the mainstream factory POY150D/144F cash factory price is the lowest 8700 yuan / ton, by Thursday and five PTA price pull strong, the downstream bomb business bottom bottom mentality is prominent, POY production and sales obviously improved, most manufacturers are mostly between 150%-200%, the individual low price will reach 250%-300%, the day will be even higher.

At present, the market is very concerned about the subsequent trend, from the upstream and downstream market analysis, the current upstream polymerization raw materials prices rebound operation, to stabilize the market situation of polyester will play a positive role, but the downstream market will be in the market "turning point", most of the textile enterprises conventional grey cloth inventory is still high, the downstream market is booming products gradually slow down, the accumulation of polyester goods procurement is difficult to sustain.

Therefore, I believe that the possibility of a substantial increase in polyester prices in the short term is still slim. The selling price will remain stable, which is more ideal. Of course, when the volume of trading volume is enlarged and the price of raw materials is rebounded, it will not exclude the stage weak rebound.