1. Market Summary
(1) PTA futures continued to strengthen yesterday, and the quotations from polyester yarn factories in Zhejiang market were stable and rising. Downstream textile companies are more willing to buy at the bottom, their purchasing intensity is generally higher than in the previous period, and the trading atmosphere in the polyester market is hot. It is expected that the center of gravity of polyester yarn will be stronger and upward in the short term. At present, the mainstream quotations for POY 100D/36F are between 5200-5300 yuan/ton, the mainstream quotations for FDY 75D/36F are between 5950-6050 yuan/ton, and the mainstream quotations for DTY 75D/36F are between 8300-8400 yuan/ton.
(2) Stimulated by the strength of raw materials, polyester yarn transactions in Jiangsu and Zhejiang are booming, and polyester yarn production and sales have increased overall. As of around 3 p.m., the average estimate is slightly above 300%. The production and sales of several factories in Jiangsu and Zhejiang are at 300%, 600%, 225%, 280%, 200%, 200%, 250%, 160%, 200%, 300%, 300%, 300%, 300%, 300%, 300%, 1100%, 150%, 300% , 150%, 500%, 500%, 500%, 200%, 500%, 20%.
(3) Driven by the strong raw material market, polyester production and sales are booming today. In Jiangsu and Zhejiang regions, I heard that some small and medium-sized slice orders were sold at around 4,400-4,450 yuan/ton (cash), and individual orders were slightly less than 4,400 yuan. /ton (cash).
(4) Yesterday morning, the quotations of polyester staple fiber manufacturers in Jiangsu and Zhejiang remained basically stable, with a few slight increases. The overall trading atmosphere was average, and negotiations were mainly about shipments. The main reason was that downstream yarn mills were not enthusiastic about buying goods. , the mainstream quotation of 1.4D manufacturers is about 5500-5800 yuan/ton, and the mainstream negotiation for actual orders may be around 5450-5600 yuan/ton, and the price is negotiated one by one.
(5) The market price of polyester staple fiber in Shandong and Hebei has increased slightly, and the trading atmosphere is average. The negotiated price of semi-gloss 1.4D may be between 5500-5700 yuan/ton, and the actual order is negotiated.
(6) The polyester staple fiber market in Fujian has basically remained stable. The main focus is to wait and see and discuss shipments. 1.4D manufacturers quoted 5650-5750 yuan/ton for short-distance delivery, and actual orders may be negotiated at 5500-5700 yuan/ton. Tons or so, talk about them one by one.
(7) The price of low-melting point polyester staple fiber remained stable yesterday, with 4D low-melting point quoted at 8,500-8,700 yuan/ton.
(8) The pure polyester yarn market is weak. The mainstream price of T32S in Shengze market is around 10,400-10,600 yuan/ton, and the mainstream price of T50S is around 12,100-12,300 yuan/ton.
2. Review of polyester filament market conditions on the 25th
The US presidential election is about to transition smoothly , US and cloth oil rose to the highest point since March 5, polyester raw materials also tended to be warm in the night, coupled with the recent continued losses in pre-spun products, polyester filament cost support is more obvious. Polyester filament prices are rising steadily, and we still need to pay attention to the daily trend of raw materials and changes in factory production and sales data.
3. Market outlook analysis and forecast
The output of polyester filament rose yesterday, and the inventory pressure of enterprises was relieved. Downstream users have a certain inventory of raw materials. After buying at low prices, the inventory level of raw materials has increased. Therefore, there is no willingness to purchase in the short term. It is expected that polyester filament may turn cold in the future. We still need to pay attention to the changes in raw material trends during the day. </p
