End Of Market Transactions, Polyester Filament Prices Remain Stable

According to the price monitoring of the business community, the market of polyester filament Market in China continues to be light, and prices remain stable. Among them, the mainstream factories in Jiangsu and Zhejiang provinces reported polyester POY (150D/48F) for 7000-7450 yuan / ton, polyester DTY (150D/48F low elastic) reported 8600-9050 yuan / ton, polyester FDY (150D/96F) reported 7600-7950 yuan / ton.

　　 In the past 7 days, the average price of polyester filament market has dropped.

According to the price monitoring of business associations, the price of domestic PTA spot market fell slightly, and the market average price was 4877 yuan / ton as of January 19th, down 0.11% from the previous day, down 24.15% from the same period last year. In terms of installations, the 17 day Jiaxing Petrochemical 1 million 500 thousand ton PTA plant was short cut and short planned to stop for 3-4 days. However, today (19) Ningbo Yisheng 650 thousand ton PTA plant was restarted, and the device has been restored since its early January. At present, the domestic PTA load is 86%. In addition, China and Thailand Petrochemical 1 million 200 thousand tons of equipment load of 7, Hengli four phase 2 million 500 thousand tons of equipment, including 1 million 250 thousand tons of lines put into operation, load increase.

Affected by the Spring Festival holidays, the downstream stocks were significantly reduced, the atmosphere of the talks dropped, the trading atmosphere became more and more deserted, and the textile enterprises entered the mode of stop work and vacation. The comprehensive start-up rate of the Jiangsu and Zhejiang looms dropped to about 12%, and the demand for polyester filament was obviously bad.

Xia Ting, a business analyst, believes that in terms of cost, many PTA devices have been restarted in recent years, and the polyester plant has started to decline, and the terminal enterprises have been on holiday. And the number of suspended production and holiday in the downstream textile enterprises is expanding, the shipment of the manufacturers is basically closed down, and the market transaction is coming to an end. It is expected that the market price of polyester filament will remain stable before the end of the holiday.