Polyester Filament Production And Marketing Dull This Week, The Trend Is Dense Fog.

Last week, the domestic polyester filament market showed a trend of consolidation.

Early in the week, due to the explosion of PX device in Taiwan Formosa Plastics Company, and the decision of Jiangsu Yancheng to close the Xiangshui Chemical Industrial Park, the downstream and terminal factories began to concentrate on the warehouse, the production and sales volume of the polyester factory, the factory continuously raised the quotations, and the center of the workshop discussed the rise of the center of gravity. However, with the restart of the 2 million 200 thousand tons of Hengli Petrochemical Company and the stock of raw materials in the downstream, the trading atmosphere of the polyester field fell down, and the factory production and sales data in the middle and late stages were weak.

So what will the trend of this week be when we talk about the center of gravity in the presence of polyester?

Weak raw materials upstream

Recently, the overhaul of the PX device is much more than that of the overhaul device.

The news of the first phase of Hengli petrochemical PX has basically been digested. Due to the low supply, the short-term PX price is expected to be narrowed. In the long run, prices will continue to fall.

On the PTA side, the domestic PTA maintenance device is relatively concentrated in 4-5 months, giving the market some good support. However, after the sharp rise in the market after the Qingming market, the demand is not enough.

In terms of ethylene glycol, the port arrived this week, or reached a new high. In the short term, ethylene glycol went bad or maintained a weak pattern.

The stock of polyester is steadily rising.

At this stage, the comprehensive utilization rate of polyester filament is 93.44%, and the market production and sales are light.

It is reported that polyester filament factory's main storehouse has 8-19 days, of which POY stock is 5-12 days, FDY stock to 9-14 days, DTY stock to 16-22 days.

In the future, the raw materials for the downstream weaving and loading factories will be digested, and the shipment of polyester filament factories will continue to slow down, and the industry inventory will keep steady and steady.

As of last Friday, the average market price of POY150D/48F, FDY150D/96F and DTY150D/48F in Jiangsu and Zhejiang provinces were 9055 yuan / ton, 9480 yuan / ton, 10390 yuan / ton respectively, up 3.60%, 0% and 0.48% over the previous week's ring ratio.

To sum up, the raw material side is disadvantaged at present, and the cost side of polyester has no obvious positive effect. In addition, the demand is down after the lower reaches of the warehouse, the trading atmosphere is light, and the polyester factory is running flat, so it is expected that the polyester filament will show a narrow adjustment trend in the short term, with a focus on the raw material trend and downstream production and marketing situation.