A Review Of PET Staple Market In The Week (11.19-25)
Recently, domestic Polyester staple fiber Market weakness consolidation market The quotation is stable and small, and the market turnover is still not good. The production and sales rate of the enterprise is still running low. However, the load of the industry has been reduced at 70% below the load of the industry, resulting in a decline in the inventory of the enterprises and a reduction in stock pressure. There is no big change in the fundamentals of the market. The sluggish yarn Market in the downstream is still a fundamental factor affecting the market of polyester staple fiber. Meanwhile, the polyester raw material market is still in a weak trend, which still has an impact on market confidence. Recently, the international oil market has been in a weak adjustment after breaking the hundred dollar callback last week. At present, New York's oil futures price is above 96 dollars. The PX market continues to slide, and Asian prices are adjusted below $1400. PTA market is still weak adjustment, the market quotation is 8150 yuan / ton. Outer disk The negotiating price is about 1075 US dollars / ton. The MEG market is also weak, with the mainstream negotiating price of the internal market at 8100 yuan / ton, and the negotiating price of the external market is about 1060 dollars / ton. Sinopec Group polyester chip November contract pre contract, half light section 12100 yuan / ton, glossy chips and industrial silk chips are 12100 yuan / ton, total extinction level section 12900 yuan / ton. The polyester chip market is still weak, and the market price is dropping slightly. The mainstream cash negotiable price in the market is about 10000 yuan. Sinopec Group polyester staple November contract precontract is 1.4D half light 11500 yuan / ton, 1.2D half light 11550 yuan / ton, 1.2D gloss 12500 yuan / ton (delivered); market week guidance price, 1.4D half light 11100 yuan / ton, 1.2D half light 11150 yuan / ton, 1.2D gloss 12100 yuan / ton (delivered). At present, the domestic mainstream market 1.4D polyester staple fiber delivered to the transaction price of 10700 yuan / ton (cash or acceptance), this offer compared with last week also fell 100 yuan / ton.
Recently, the domestic polyester staple fiber market continues to be in a weak market. The fundamentals of the polyester staple market have changed slightly. It shows that the overall load of the polyester staple industry has been maintained downward, and the pressure on the stock has eased. This is a good way to maintain the market price of polyester staple fiber. However, the important factor affecting the market of polyester staple fiber is that the downstream yarn market is still in poor condition, and the production and marketing of the polyester fiber are not smooth, and the demand for polyester staple fiber is seriously insufficient. The upstream raw material market is still in turmoil, which is also bad for the polyester staple market. Therefore, it is expected that the polyester staple market will remain weak in the short term.
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