Analysis of polyester Market in Shengze and Jiaxin

Analysis of polyester market situation in Shengze and Jiaxing in September and prediction in October

I. polyester chips: at the end of August, the quotation of polyester chips in East China in September was 13500 yuan/t. By the beginning of September, the transaction price of "chips" in the off contract market of polyester chips in Jiangsu and Zhejiang was 13000 yuan/t, and the lowest transaction price was 12800 yuan/t. In mid September, due to the bottom of PTA outer market, and the inventory of polyester chip manufacturers also showed an upward trend. The transaction price of "slicing" in Jiangsu and Zhejiang markets successively fell to about 11000 yuan/t on September 30, with the lowest transaction price of 10800 yuan/t. From the quotation of polyester chips, although the quotation in October was 12300 yuan/t, which was reduced by 1200 yuan/t compared with 13500 yuan/t quoted in September, the transaction price of polyester chips outside the contract fell from 13000 yuan/t at the beginning of the month to the lowest 11000 yuan/t in September, with a decrease of about 2000 yuan/t. From the analysis of the current polyester chip Market: (1) PTA and eg in the upstream fell sharply, (2) the inventory of polyester chip manufacturers increased. At present, polyester chips remain stable. It is estimated that there is limited room for polyester chip price reduction

second, polyester products: in September, the price trend showed a decline across the board, and the trading volume showed an abnormal downward trend under the condition that the downstream weaving consumption increased unabated. The reasons were (1) the market volume and price of polyester products rose together in July and August, and the weaving enterprises had sufficient stocks, resulting in a sluggish market situation in the peak season in September; (2) The diversification of raw materials used in autumn and winter fabrics is also one of the reasons for the decline in sales. (3) the price of raw materials from the upstream fell sharply. Judging from the price trend in September, generally speaking, it fell, but various varieties showed different trends with the change of weaving demand. See the price trend comparison of conventional varieties in the month:

but human processing capacity for plastics is stretched

DTY

POY

FDY

specification

high price

low price

range

specification

high price

low price

range

high price

low price

range

75d/72f

1.82

1.69

0.13

50d

1.415

1.29

0.125

63d

1.57

1.42

0.15

100d

1.56

1.47

0.90

75d

1.40

1.28

0.12

100d

1.45

1.36

0.90

150d

1.50

1.39

0.11

100d

1.39

1.27

0.12

150d

1.43

1.32

0.11

from the perspective of market trading varieties, although the price decline of FDY filaments is a little more obvious than that of POY and DTY filaments, However, the market turnover in Shengze and Jiaxing is OK, especially 50D, 63d and 75D are still the mainstream of market sales in the two places. DTY yarn generally went smoothly, among which 100d/144f, 150d/144f and 288F prices fell less than POY and FDY yarn in September. The reason was driven by the popularity of semi elastic and full elastic fabrics. FDY total extinction continued to sell well this month. The products are mainly used for total extinction polyester taff, and the trading volume increased by about 12% compared with August. In addition to the general decline in the price of conventional varieties in the polyester market as a whole, other colored filaments and cations also fell to varying degrees

III. future forecast: the conventional "seven light, eight live, nine turn prosperous, and October transactions are more prosperous" in the textile face and lining Market. Therefore, the demand for raw materials in downstream weaving can be said to be increasing. The focus of raw materials selection in the weaving industry in Shengze and Jiaxing is still polyester fdy68d and 50D; The consumption of DTY yarn products will be further expanded, mainly because the non coincidence of the lead-in and return curves is beneficial to the best-selling of full elastic fabrics. For example, the frosted products of Chunya textile series drive the sales of dty100d/144f products. Fdy50d and dty75d are strong. The consumption of downstream knitted warp knitting has gradually increased, and the current warp knitting fabric market shipments have rebounded. On the other hand, due to the influence of the long holiday, the delivery of bank funds is inconvenient, and the trading volume is small, which puts sales pressure on the polyester market after the holiday. It is expected that the polyester market will continue to decline in October, and the price trend will face downward adjustment. But does the overall metallographic microscope need to be cleaned? There is little room for the price to fall, of course, the key depends on the price change of upstream raw materials

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