The favorable cost side supports the continuous rise in the price of polyester filament

According to the price monitoring of the business society, the domestic polyester filament market has maintained a rising trend this week, including the quotation of polyester POY (150D / 48F) in mainstream factories in Jiangsu and Zhejiang at 7800-8050 yuan / ton, polyester DTY (150D / 48F low elasticity) at 9300-9600 yuan / ton, and polyester FDY (150D / 96F) at 7900-8200 yuan / ton.

ferric sulfate (Poly ferric sulphate)

Rise and fall of average price of polyester filament market this week, unit: yuan / ton

product 2021-7-19 2021-7-23 Rise and fall Year on year rise and fall

Polyester FDY (150D / 96F) eight thousand and twenty-five eight thousand and seventy-five 0.62% 45.38%

Polyester POY (150D / 48F) seven thousand seven hundred and seventy-seven seven thousand and nine hundred 1.57% 56.67%

Polyester DTY (150D / 48F low elasticity) nine thousand three hundred and sixty-five nine thousand four hundred and eighty-eight 1.31% 43.60%

The PTA Market for raw materials was opened on July 22, and the main futures contracts rose strongly to 5330 yuan / ton, an increase of 5.00%. The average price in the spot market was 5361 yuan / ton, with a weekly increase of 3.73% and a year-on-year increase of 51.83%. Under high temperature, the demand for polyester is not weak in the off-season, and the operating rate is close to 90%. The maintenance of PTA unit remained high, which superimposed the impact of recent typhoon weather in East China on its transportation, and exacerbated the contradiction between supply and demand in some regions in the short term. At the same time, the oil price stabilized and rebounded, and the support at the support end increased, leading to the rise of PTA market.

Due to the improvement of downstream fabrics in autumn and winter, early preparation and better expectation in the second half of the year, in fact, the weaving end has already begun to rebound, and the startup rate is rising sharply. At present, the comprehensive startup rate of looms in Jiangsu and Zhejiang is 79.63%, higher than the level in the same period last year, and the weaving Market is getting warmer locally. Among them, autumn orders in Shengze area are issued sporadically. Due to the rise in the price of raw materials, some weaving factories produce in advance. Foreign trade orders can be issued in August, and subsequent foreign trade orders may continue to be issued. The delivery of low-cost grey cloth in Changxing weaving Market is fast. A small number of domestic orders are issued in autumn, and foreign trade orders are issued one after another. Some factories say that the orders are 2-3 weeks, and the orders are more, up to about 4 weeks.

Business analysts believe that near the end of the month and with the launch of autumn orders in the textile market, the atmosphere for raw material procurement has improved, but they are cautious in chasing the rise. PTA raw material will continue to warm in the short term under the tightening expectation. It is still necessary to close the dynamics of oil injection Market and guard against the risk of price decline after typhoon weather speculation. It is expected that in the short term, supported by favorable costs, the price of polyester filament will remain the main player, but the increase will be narrowed.

http://www.lubonchem.com/

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