Polyester Cost Rises 65 Yuan / T To 4195 Yuan / T

　　 Raw material Market

Crude oil futures rose by $19.40/barrel on September, and the settlement of crude oil futures in New York rose by $19.40/barrel on September.

2. Japanese naphtha fell by $9.63/t to $381.75/t on July 14.

3. On July 14, the Asian paraxylene market continued its downward trend, with valuations at US $535.33/t CFR Taiwan / Mainland China and US $517.33/t FOB Korea, down US $3.67/t compared with the previous trading day, consistent with the weak trend of upstream and aromatic industry chain.

4. In the afternoon, PTA futures consolidation is stable, and the main port's supply basis discount 09 contract is 70-75 yuan, and the negotiation transaction is at the discount of 70-75 yuan, and the reference range is 3535-3550 yuan / ton (self raised). This offer is US $53420 / T for this day's offer, which is US $53430 / T.

5. In the afternoon, MEG futures fluctuated, and the spot discount 09 contract was around 90-100 yuan. This week's goods offer is around 3490 yuan / ton, the delivery is around 3485 yuan / ton, and the next week's goods are around 3500 yuan / ton. The short term offer is US $420 / mt, and the actual offer is US $425 / Mt.

6. The selling price of PTA on July 15 was maintained at 450 USD / T.

7. A set of 4.5 million tons PTA plant in South China has been basically in full load operation; a new 2.5 million tons PTA plant in Northeast China has been increased to 90%.

8. A 420000 ton petroleum MEG unit in Tianjin has been restarted recently. At present, the load is gradually increasing. Previously, it was overhauled near May 9. Another 100000 ton MEG plant in Tianjin has also been restarted, having previously shut down on April 23.

From January 31, 2020 to March, 2020, the Institute will charge no commission for the delivery of large futures.

The cost of polyester rose to 3565 yuan / ton, up to 3565 yuan / ton.

11. Ethylene glycol in Huaxi Village commodity exchange closed at 3634 in 2009, up 110 points, with 29706 lots traded, while the position decreased by 11386 to 37544.

Downstream dynamics

1. PTA futures continued to shock finishing today, Zhejiang market polyester factory quotation remained stable, partial preferential treatment narrowed. The purchasing enthusiasm of downstream textile enterprises fell further, mainly to digest the inventory in hand, and the transaction of polyester market was not much. It is expected that the trend of polyester filament center of gravity in the short term is narrow range finishing. At present, the mainstream quotation of POY 100D / 36F is 5200-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

2. Today, the transaction situation of polyester in Jiangsu and Zhejiang is weak, some POY production and sales are 60%, 60%, 50%, 30%, 80%; some FDY production and sales are 43%, 80%, 95%, 50%, 60%; and some DTY are 90%, 90%, 60%, 80% and 50%.

3. The atmosphere of transaction in Jiangsu and Zhejiang semi light chip market is general. I heard that the mainstream rigid demand order negotiation is around 4450-4550 yuan / ton (cash), and the focus is slightly low-end.

4. This morning, the quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers remained stable and discussed shipment. The mainstream quotation of 1.4d was about 5350-5550 yuan / ton, and the actual price was about 5300-5400 yuan / ton, which was slightly higher.

The price of polyester fiber in Ningbo will be reduced to 5.5 yuan per ton, including silicon.

6. The market price of polyester staple fiber in Shandong and Hebei is relatively stable, mainly through preferential negotiation and shipment, and the trading atmosphere is not good. Semi gloss 1.4d negotiation or 5350-5500 yuan / ton.

7. Fujian polyester staple fiber market quotation is maintained, trading atmosphere is light, and shipment is negotiated. 1.4d offer is 5550 yuan / ton, short distance delivery, and actual order negotiation or 5400-5500 yuan / ton.

8. In recent years, the market of low melting point polyester staple fiber remains stable, and the price of 4D low melting point is about 7500 yuan / ton.

The mainstream price of pure polyester yarn is about 11600-970 tons, and the price of pure polyester yarn in Shengze is about 11600-970 tons.