Polyester Chips: Premarket Raw Materials Trend Of Turbulence, Polyester Chip Market Slightly Cooler

In late January, the market price of polyester chips was mainly adjusted by interval shocks, and supply and demand fluctuated little. However, most of the downstream end weaving manufacturers stopped the repair service when the new year was approaching, and some polyester chip manufacturers also entered the parking repair phase before the year. Market logistics and transportation are blocked, and the speed of market delivery is slowing down. The fluctuation of supply and demand side will remain the key factor to decide the price trend of polyester chip market after the year.

2018-2019 Annual PET chip market profit

In the week before the Spring Festival holiday, the market of polyester chips did not change much. The polyester chip market was basically stable this week. At present, polyester chip manufacturers are mainly selling goods at stable prices, and their stocks are in a low state. Many polyester chip manufacturers mainly use contract goods. The small fluctuation of raw materials has little effect on PET chip market. At present, the cost side demand of polyester is not large, approaching the Spring Festival, considering the gradual slicing of textile and traders in the downstream stage. The stock has basically been completed. At this stage, it is still on the sidelines. The price of polyester factories is not obvious recently. On the whole, it is expected that the short-term PET chip market will be dominated by sideways. Up to now, the mainstream of the semi light section in Jiangsu and Zhejiang provinces is 7900 yuan / ton, and the mainstream is 7900 yuan / ton.

According to the profit of polyester chip, the current price of polyester chip in East China is calculated by 7900 yuan / ton, plus the average processing cost of 300 yuan / ton. In January, the average profit of polyester chip was 315 yuan / ton, the average profit of polyester chip in December was 305 yuan / ton, and the ratio of December increased by 10% compared with that in November. As raw material costs continue to slide in the late stage, and the atmosphere in the polyester market is weak, it is expected that the profit of polyester chips will not fluctuate much later.

Outlook for the future

From the supply and demand side, the first is the supply side. Before the holiday, most of the polyester plant installations are expected to be maintained. For the overall market, downstream slicing and terminal weaving factories also have maintenance plans. In terms of demand, the downstream slicing mills of pre - stop production will resume production dates indefinite, but according to past experience, it is basically not until the fifteen of the first month that the recovery is expected, so the demand side will be relatively weak. From the end of February to the beginning of March, it is expected to improve. Demand is further increased. From the perspective of comprehensive supply and demand, long Zhong expects that the market growth of pre holiday is expected to be limited, and the market of polyester chips after the festival is relatively stable. Continue to pay close attention to the trend of crude oil and supply and demand.