Zhejiang Polyester Quotation Slightly Increased -- Daily Chemical Fiber Market Bulletin (6.2)

　　 Raw material Market

On 1.6 June 1, New York crude oil futures in July fell 0.05 dollars, tied 35.44 yuan / barrel; Brent futures rose 0.36 US dollars in July, clearing 38.32 yuan / barrel.

2. with the advance of the carrier period, Asian PX prices rose by 10.5 US dollars to 484 US dollars per ton on Monday, CFR China Taiwan / Mainland China and 466 US dollars / ton FOB Korea. However, because of the high supply of compressed production profits, its market lacks support, or less than naphtha, the price difference between them will drop by 12 US dollars to 164.375 US dollars / ton, and a new low. The short-term market outlook is gloomy and uncertain. The current profit situation or forcing producers to cut down the operating rate will support the price. Near the close, BP Singapore and Glencore Singapore traded a single shipment in July for 477 US dollars / ton.

On 3.6 1, Japan's naphtha increased by 22.5 US dollars to 319.63 US dollars per ton.

4. afternoon PTA futures are the main shocks, and the main market is 09 yuan, 105-110 yuan, 115-120 yuan for delivery, and 110-115 yuan for negotiation. Today, the PX center of gravity is the main shock. In July, the shipment was quoted at 499 US dollars / ton. In August, the shipment was delivered to US $445 / ton, and the PTA external supplier's one-day tour price was maintained at US $445 / ton.

5. afternoon MEG futures were weak, and spot discount 09 contracts were around 130 yuan. Around 3625 yuan / ton of goods were delivered this week, around 3635 yuan / ton, 6 yuan later reported 3670 yuan / ton. In the afternoon, MEG's external disk shook. In June, the shipping offer was slightly offset in the range of $430 / ton, and it was delivered at $420-425 / ton, and the trading between the two sides was still deadlocked.

6. Yisheng Petrochemical Company's selling price of PTA US dollars was maintained at US $445 / ton in June 2nd.

7. a 300 thousand ton coal MEG plant in Guizhou was restarted today. It was stopped before April 14th.

8. it is reported that a 1 million ton PTA plant in Southwest China has been temporarily tripping yesterday, and the load is already in the process of upgrading.

9. compared with yesterday, PTA's internal market fell 5 to 3575 yuan / ton, MEG's internal market rose 14 to 3647 yuan / ton, and the conversion cost of polyester was stable to 4278 yuan / ton.

10. the Huaxi Village Mercantile Exchange glycol 2007 closed at 3694, down 10 points, traded 34508 hands, holding 1942 hands to 81970 hands.

Downstream dynamics

1. today, PTA futures trend collation, Zhejiang market polyester factory price is stronger, individual slightly increased. Downstream textile enterprises mostly demand replenishment on demand, purchasing mentality is cautious, and the market trading atmosphere has changed. In the short term, the center of polyester core is more durable. At present, the mainstream of POY 100D/36F quotation is between 5600-5700 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6550-6700 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8600 yuan / ton.

2. today, Jiangsu and Zhejiang polyester trading situation in general, the mainstream factory production and sales are mostly at the 50-70% level, some of the better factories in 80-90%, individual factories can reach 120%.

3. today, the market of semi - light chips in Jiangsu and Zhejiang provinces is light. Some small and medium sized businesses have heard about the 4700-4800 yuan / ton (cash).

4. this morning, the price of polyester staple fiber in Jiangsu and Zhejiang has risen slightly. The volume of discount has been reduced and the discount rate has been reduced. 1.4D's mainstream offer is around 5900-6100 yuan / ton, and it is a single negotiation or about 5700-5850 yuan / ton.

5. as a result of better shipping yesterday, the price of polyester staple fiber in Jiangyin has been raised slightly, and the 1.4D cotton quotation has been exported at 5900 yuan / ton.

6. the market prices of polyester staple fiber in Shandong and Hebei are stable, the trading atmosphere is still good, and shipping is the main factor, and there is only a small talk between half 1.4D or 5800-5900 yuan / ton.

7. the market price of Fujian polyester staple fiber has remained stable and the trading atmosphere is relatively general. 1.4D offers 6100 yuan / ton short distance, solid negotiation or 5800-5900 yuan / ton.

8. recently, the price of low melting point polyester staple fiber is relatively stable. Some manufacturers offer 4D price of 7800 yuan / ton.

9. Shengze pure polyester yarn prices are relatively stable, T32S mainstream 9800-10000 yuan / ton, T50S mainstream in 11700-11900 yuan / ton.