According to the price monitoring of the business community, the domestic polyester filament market has maintained an upward trend this week, with the quotations of polyester POY (150D/48F) from mainstream factories in Jiangsu and Zhejiang. The price of polyester DTY (150D/48F low elasticity) is 9300-9600 yuan/ton, and the price of polyester FDY (150D/96F) is 7900-8200 yuan/ton.
The average price rise and fall of polyester filament market this week, unit: yuan/ton
In the raw material PTA market, the domestic futures market opened on July 22, and the main futures contract hit the daily limit, reporting at 5,330 yuan/ton, an increase of 5.00%. The average spot market price is 5,361 yuan/ton, with a weekly increase of 3.73% and a year-on-year increase of 51.83%. Under high temperatures, the demand for polyester remains strong during the off-season, with the operating rate approaching 90%. Maintenance of PTA equipment remains at a high level, coupled with the recent typhoon weather in East China that has affected its transportation, exacerbating the contradiction between supply and demand in some areas in the short term. At the same time, oil prices stabilized and rebounded, and support increased, causing PTA prices to rise.
Because of the improvement of downstream autumn and winter fabrics, advance stocking, and better expectations for the second half of the year, the weaving end has actually begun to bottom out. The operating rate has rebounded significantly. The current comprehensive operating rate of looms in Jiangsu and Zhejiang is 79.63%, which is higher than the same period last year. The weaving market is partially warming up. Among them, autumn orders in the Shengze area have been issued sporadically. Due to rising raw material prices, some weaving factories have produced ahead of schedule. Foreign trade orders can be made until August, and subsequent foreign trade orders may continue to be issued. Low-priced gray fabrics are shipped quickly in the weaving market in Changxing area. A small number of domestic sales orders are issued in autumn, and foreign trade orders are issued one after another. Some factories said that orders will take 2-3 weeks, and larger orders can take about 4 weeks.
Towards the end of the month, and with the unfolding of autumn orders in the textile market, the atmosphere for raw material procurement It has improved somewhat, but be cautious in chasing the rise. The raw material PTA will continue to be warm in the short term under expectations of tightening. We still need to pay attention to the dynamics of the oil market and be wary of the risk of price declines after typhoon weather speculation. It is expected that in the short term, supported by favorable costs, polyester filament prices will remain volatile and upward, but the increase will narrow.
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