Polyester Staple Market Down, Downstream Textile Enterprises Market Demand Is Poor.
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The economic environment is still in a null trend.
This week, the market of polyester staple fiber in China decreased.
The external situation is still unstable, and downstream demand continues to be weak. Although there are favorable policies to cut interest rates, the short and short term market will be short.
shore up
Limited, the recent straight textile polyester short price falls greatly, the market wait-and-see atmosphere is strong, the exchange and investment is weak, the direct spinning polyester short market talks the center of gravity to fall quickly.
At present, the mainstream price of polyester staple fiber in Jiangsu and Zhejiang polyester market is 9880 yuan / ton, down 370 yuan / ton compared with the previous weekend, or 3.61%.
Market demand for downstream textile enterprises is poor, inventory of chemical fiber factory is increasing, preferential sales promotion space is increasing, direct spinning polyester and short is still in a state of loss, market mentality is empty and volume is scarce.
The replacement of cotton futures and spot market shocks weakened, the substitution effect on polyester staple is not strong.
It is estimated that the polyester and short market will fall into a continuous and declining situation. In the later stage, we should pay close attention to the inspection and maintenance of polyester factories and the rate of downstream start-up.
Polyester filament fell and rebounded but the rise was still weak.
East China market is in a stalemate and prices are mixed.
The price of POY is lowered, the price of Xiaoshan market is reduced by 100 yuan / ton, the Taicang market is reduced by 100 yuan / ton, the price of Tongxiang market is stabilized, and the price of POY is 9550 yuan / ton.
The price of DTY varies from one market to another. The Xiaoshan market is down by 100-200 yuan / ton, the price of Taicang market is stable, the price of Tongxiang market is stable, the market of Wujiang is reduced by 100-200 yuan / ton, and the price of DTY is 10900 yuan / ton.
FDY price varies, Wuxi market price 100 yuan / ton, Zhangjiagang market up 100 yuan / ton, Shaoxing market price stabilization, Shengze market price stability, Tongxiang market, Xiaoshan
The market is stable and the market in Taicang is stable. FDY now offers a price of 9400 yuan / ton.
Due to the rebound in international crude oil prices yesterday and the influence of PTA futures strength and other factors, today's polyester filament market has improved, and the bottom line mentality has gradually emerged. However, the downstream demand is still in the doldrums, the starting rate is generally not high, and the rigid demand is weak, so it is expected that the polyester yarn market will be vulnerable to consolidation in the near future.
Will the polyester market stabilize in the near future?
Recently, the price of polyester filament has been steadily rising in East China market and East China market, and Xiaoshan Shaoxing region is leading significantly.
The price of POY has stabilized as a whole, and the price of POY150D/48F is 9750 yuan / ton.
The price of DTY is stable. Xiaoshan's individual manufacturers have raised 100 yuan / ton, and the price of DTY150D/48F is 11100 yuan / ton.
FDY
The price has stabilized as a whole. Individual factories have risen by 100 yuan / ton in half light, and now the FDY150D/96F price is 9550 yuan / ton.
As production and sales dropped significantly, especially in POY products, demand fell sharply. While DTY and FDY were still good in production and marketing, the downward trend has already appeared. Therefore, it is expected that the purchase of this store will soon be over, and the trend of polyester market will tend to stabilize in the short term.
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