Chemical Fiber Raw Material Product Trend

Jul 01, 2019

Polyester chips: The price of polyester chips continued to rise this week. As of this Thursday, the price of semi-light slices in Jiangsu and Zhejiang was 7,350 yuan / ton, up 300 yuan / ton from last Thursday; the price of light slice was 7,425 yuan / ton, up 200 yuan / ton from last Thursday. The average price of light slicing this week was 7240 yuan / ton, up 6.55% from last week; the average price of light slice was 7340 yuan / ton, up 6.84% from last week. At the beginning of the week, due to the production and sales volume of polyester chips last week, the factory inventory was low, some factories were reluctant to sell, and the price of the factory was obvious. The price of polyester chips rose slightly. Zhouzhong International crude oil closed up sharply, PTA futures rose sharply due to tight spot circulation, PTA futures approached the daily limit on Thursday, polyester chip raw material end support was strong, polyester chip manufacturers have oversold at this time, polyester chip prices continue to rise to this On Thursday, the price of semi-gloss slices has risen to 7,350 yuan / ton.


Next week, the PTA supply side has maintenance expectations, which will further tighten the PTA spot liquidity, and the downstream polyester plant stocks are low. It is expected that the PTA will further climb under the influence of fundamentals, and there will be some support for the polyester chip raw material end. On the demand side, after two weeks of rushing to grab the goods, the demand side is expected to be weak next week. Production and sales continue to increase this week. At present, the polyester chip factory is oversold, and the G20 summit has large uncertainties in Sino-US relations. , increase the volatility. It is expected that the price of polyester chips will be dominated by the next week. It is expected that the price of the light slice will be 7300-7500 yuan/ton next week.


Polyester staple fiber: This week, the price of straight-spun polyester staple fiber first stabilized and then rose. In the pre-week period, in the absence of good news, the price of polyester staple fiber temporarily stopped rising and stabilized, and production and sales declined. In mid-week, as Sino-US trade is expected to ease, driving crude oil to rise, coupled with tight liquidity of PTA spot, polyester staple fiber prices began to rise sharply on Wednesday afternoon, and the rally continued until Thursday. Due to the phenomenon of oversold in the early stage, the factory inventory level is relatively low, and now the goods are tight, which further supports the price increase of polyester staple fiber. This week, some factories gradually warmed up and restarted, and the starting load rate gradually increased. To the close, the mainstream price in East China closed at 8100-8300 yuan / ton. The average price this week was 7,925 yuan / ton, up 6.59% from the previous month.


Looking at next week, the news is still uncertain. Uncertainty in Sino-US trade negotiations may increase volatility. In addition, PTA has the expectation of maintenance, which has a certain positive impact on polyester staple fiber. In view of the low inventory of the factory, considering the overall consideration, it is expected that the price of Huadong polyester staple fiber will be 8100-8300 yuan/ton warmer next week.


Recycled PET: The price of recycled PET is up this week. At the close of the closing, Huadong imitation Dahua's white film did not include VAT price of 5,900 yuan / ton, up 350 yuan / ton from last week, an increase of 6.31%. This week, the average price of Huadong's imitation Dahua on the white film was 5,760 yuan / ton, up 4.73% from last week. During the week, the new material will continue to rise due to the cost-end boosting effect, which will boost the regeneration atmosphere and give the recycled product a certain upward adjustment. The production and sales of recycled chemical fiber improved, the sales of products increased, the recovery rate of wool was slow, and the supply of recycled bottles in the market was tight. Under the tight conditions, the procurement of raw materials for chemical fiber plants increased, and the turnover of recycled bottles was shifted upwards. The cleaning factory is reluctant to sell at a low price, and the actual transaction is mainly discussed.


Looking at next week, the G20 summit at the end of the month is unclear in Sino-US trade relations and unstable. At present, the new material polyester chip has a certain support at the cost end, but it is expected that the demand side is weak, and the subsequent or interval consolidation. The high temperature weather continues, the amount of wool recovered is expected to increase, and the market for bottle flakes is warmer, the enthusiasm of manufacturers is increasing, and the supply of flakes is increasing. Recycled chemical fiber production and sales improved, chemical fiber factory sales of products as the main idea, raw materials procurement cautious, on-demand trading. In the short term, it is expected that the regenerative bottle will maintain a strong trend, focusing on new materials and downstream chemical fiber trends.


Acrylic fiber: The price of acrylic fiber is narrowly narrow this week. The price of raw material acrylonitrile continued to be weak, the acrylic bearish atmosphere continued, the downstream buying was not good, and the monthly closing price of some factories fell by 1,200 yuan/ton. The focus of acrylic fiber trading was narrow, and the terminal demand in summer was not good. The downstream factories still maintained. Cautiously watching the mentality, the enthusiasm of getting goods is limited. The production of acrylic fiber factory is not high, the factory has no obvious inventory pressure, and the operation continues to be swallowed. To the closing of East China 1.5D acrylic staple fiber manufacturers offer temporary reference 15600-17700 yuan / ton; 3D acrylic tow manufacturers offer reference 15500-17700 yuan / ton, 3D acrylic tops price temporarily reference 18600 yuan / ton, staple fiber and tow price Compared with last week's close, it fell by 600 yuan / ton.


At the end of the month, acrylonitrile traded in general, the bearish atmosphere did not decrease, the downstream users waited and watched the mentality, the acrylic plant industry started to work at a low level, and the acrylonitrile demand surface was no good news guidance. Although some factory inspections continued, it is still difficult to contain propylene. Nitrile fell momentum. In the short-term, next week is at the beginning of July, it is expected that the mainstream factory prices are weakly consolidating, and the spot downtrend is difficult to change.


Spandex: This week, spandex is weak and weak, and the market continues to be sluggish. As of the close of this Thursday, Jiangsu and Zhejiang 20D spandex mainstream talks reference 36000-38000 yuan / ton; 30D spandex mainstream talks reference 35000-37000 yuan / ton; 40D spandex mainstream talks reference 30000-32000 yuan / ton, this week's spandex average price of 37400, respectively 36,400, 31,200 yuan / ton, down 600, 600, 300 yuan / ton, respectively, the average weekly price was -1.58%, -1.62%, -0.95%. Near the end of the month, the spandex market trend continued to be weak, the manufacturers supply stable and active shipments, the main raw material PTMEG fell slightly, the pure MDI weak consolidation, the cost end support is still insufficient, the factory equipment starts to keep high, the supply of goods is abundant, the downstream market demand is not good. The parties have insufficient confidence in the market outlook, and the negotiations have been flexible. Some manufacturers have saved their shipments due to shipments.


This week, spandex was weak and weak, and trading was weak. The trend of spandex market continued to be weak, no good profit, the upstream raw materials were weak, the cost support was weakened, and the supply in the market was sufficient. Although the manufacturers actively shipped, the actual demand of the terminal was slow to follow, and the basic demand was mainly maintained. The level is high and the difficulties are difficult. The parties lack confidence in the market outlook and the overall market just needs to be weak. Jiangsu and Zhejiang 40D spandex mainstream talks reference 30000-32000 yuan / ton, weak shocks. It is expected that the spandex will be weakly stagnated in the short term and will be mainly shipped.


Nylon: The price of PA6 has increased this week, the price of the market has decreased, and the focus of the transaction is slightly higher. As of Thursday, the closing of the polymerization plant's conventional spinning and light section of the mainstream shipment center of gravity reference 13100-13500 yuan / ton of cash from the mention, compared with last Thursday's closing price rose 1.92%. This week, the average price of conventional spinning has a slice of 13290 yuan / ton, up 1.84% from last week. During the week, the spot price of raw material caprolactam rose slightly, and the cost of the slice was slightly favorable. The spot stock of the polymerization plant is not much, the manufacturer's mentality is good, and the quotation is slightly raised, but the actual demand in the downstream is not improved. Therefore, the trading atmosphere in the market is still light, and the trade mode is just needed. The high-end high-speed spinning section spot mainstream negotiation reference 13200-13300 yuan / ton acceptance delivery, compared with last Thursday's closing price rose 2.71%.


This week, nylon has stabilized and is cautious. The trend of raw materials is upward, the support of cost ends is gradually increasing, the supply of goods in the market is stable and actively shipped, and the downstream continues to be purchased. The overall supply and demand fundamentals are still cautious. The mainstream price of DTY in nylon yarn is 17500-18500 yuan/ton, which is weak and stable. The mainstream price of FDY is about 16500-17000 yuan/ton, and the mainstream price of short fiber is 15500-16000 yuan/ton. It is expected that the focus of short-term nylon yarn transactions will fluctuate.


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