Domestic Polyester Filament Market Continues To Decline, The Rebound Is About To Start.

Under the impact of multiple negative factors, it continued to go down. The average drop in the week was 300-400 yuan / ton, and the decline of some FDY products was as high as 500-600 yuan / ton.

and

The decline is echoed, and its sales situation is not optimistic. Most of the weaving factories are buying and selling immediately, and their interest in storing goods has dropped to a low point. This makes the production and marketing rate of polyester factories continue to maintain at a low level this week. The average production and sales rate of the factories is only about 40%, even though the better factories are only about 70%, and the inventory of the manufacturers has risen to a higher level. The inventory of FDY products is about 12 days, and the stock of FDY is about 15 days. The inventory of DTY products is at a high risk level, and the price of polyester is not good enough for about 30 days, which fully reflects the current market downturn.

For example, as of the end of last week, market POY 75D/36F

For 8300-8500 yuan / ton, the price of POY 75D/72F is 8500-8700 yuan / ton, the price of DTY 75D/36F is 10400-10500 yuan / ton, the price of DTY 75D/72F (light network) is 11500-11900 yuan / ton, and the price of DTY 75D/144F is 11500-11600 yuan / ton, DTY 150D/288F

At 10100-11600 yuan / ton, the price of FDY 50D/24F is 9900-10200 yuan / ton, the price of FDY 63D/24F is 9400-9600 yuan / ton, the FDY 75D/36F luminous price is 9000-9100 yuan / ton, FDY 150D/96F

It's 8300-8400 yuan / ton.

Last week, the upstream raw material PX products came out of the single side down the market, its Asia

Has fallen to $840 / ton, subject to

For most of the time, the price of the internal market has fallen to 5800-5900 yuan / ton, and the weekly decline is 400 yuan / ton. The mainstream price in the external market is between 690-700 dollars / ton, and the weekly market price has dropped by 50 yuan / ton. At the same time, the performance of the MEG market is still weak. By the end of last week, the mainstream negotiated price of the internal market has dropped to 3600-3700 yuan / ton, and the mainstream negotiation price of the external market has reached 440-450 yuan / ton, and the weekly decline has reached 300 yuan / ton. In addition, the price of polyester chip market has also dropped synchronously. By the end of last week, the mainstream market quotation has dropped to 6900 yuan / ton (cash acceptance), and the mainstream negotiation price has been reduced by 200 yuan / ton in 6700-6800 yuan / ton (cash). Decline, PTA spot market prices last week

The low collective price has become the main "short" power to push the price of filament yarn down.

In addition, the downstream textile terminal market has always been difficult to improve, and the downstream weaving plant's operating rate is also insufficient. For example, the integrated boot in Jiangsu and Zhejiang has been about 65%, which makes it difficult to enlarge the consumption of polyester in the downstream, and fundamentally inhibit the polyester market.

In addition, some polyester factories have taken the price reduction measures to digest the increasing inventory, which has contributed to the fall of the filament market.

I support the author's view that the international oil price was strong last week, and it will stimulate or drive the price of petroleum derivatives.

如上周二的时候，纽约商品期货交易所西得克萨斯轻油4月期货每桶41.65美元，比前一交易日上涨1.50美元，交易区间39.44-42.07美元；伦敦洲际交易所布伦特原油4月期货每桶43.7美元，比前一交易日上涨1.49美元，交易区间41.6-44.1美元；周三收盘时纽约商品期货交易所西得克萨斯轻油4月期货每桶45.38美元，比前一交易日上涨3.73美元，交易区间43.85-44.3美元；伦敦洲际交易所布伦特原油4月期货每桶46.12美元，比前一交易日上涨2.42美元，交易区间43.1-46.54美元；周四虽然欧美原油期货获利回吐，美国原油期货盘中跌破43美元，收盘下跌4%，但周五的时候 受石油输出国组织（欧佩克）可能减产以及美元贬值等因素影响，国际油价大幅回升，到当天收盘时，纽约商品交易所４月份交货的轻质原油期货价格上涨１．９１美元，收于每桶４５.５２美元，涨幅近４％。

The paction price has been in a state of apparent loss.

The maximization of profit is the goal pursued by enterprises. Polyester manufacturers will take corresponding measures to restrain them.

Continue to fall.

The fall is coming to an end, and the rebound will soon begin.