PTA Price Rises And Operating Rate Tends To Be Stable.

The PTA spot market of polyester filament has been on the high side. Recently, PTA has been driven by rising crude oil, the price is rising and the operating rate is stable.

This week, OPEC organized the national and non OPEC agreements to cut production, and oil futures took the lead. The PTA market is now on the high side.

The market of polyester filament goes up sharply. This week, the domestic glycol market has followed the commodity futures market sharply. Most chemical products have been closed up. The electronic disk in central Zhou has been trading at once. The spot price of ethylene glycol follows the rise. The trading atmosphere in the field is active and the market turnover is generally.

The load of downstream polyester plant is maintained at around 83%.

Production and marketing performance is good.

The mainstream price of PTA market in East China was concentrated at 5200-5400 yuan / ton, up 3.33% from the beginning of the week, up 16.08% compared with the same period last year; the average price of domestic glycol market was 7005 yuan / ton, up 9.89% compared with the beginning of the week, and the price rose 54.21% over the same period.

Downstream textile industry production and marketing stability, demand slightly turned weak, Jiangsu and Zhejiang looms comprehensive operating rate remained at 78%, 1% lower than last week.

Polyester raw materials MEG and PTA prices continue to soar, the cost of polyester Market under the support of the market once again increased, pushing the polyester staple fiber continues to rise.

Although downstream yarn manufacturers

The price increases are more psychological, but the products are short and short.

Low, raw material procurement center of gravity uplift and the expected market is good, the offer still has 200-300 yuan / ton up.

Up to now, Jiangsu and Zhejiang 1.4D direct spinning polyester short mainstream offer at 8300-8500 yuan / ton factory, the deal can be discussed.

Fujian polyester short market quotation increased, 1.4D direct spinning polyester short mainstream newspaper 8000-8300 yuan / ton short delivery, enquiry trading is acceptable.

The upstream PTA spot market price has soared again, and the current PTA market is quoted at 5339 yuan / ton, up 2.44% from the previous day, up 21.40% over the same period last year.

The market price of polyester yarn in the downstream market has been increased by the influence of polyester and short run, and the market remains sparse.

Shengze market pure polyester yarn quotation temporarily stable, part of the specifications and price increases, the current 21s pure polyester yarn mainstream offer 11300 yuan / ton, 32S mainstream newspaper 12200 yuan / ton up and down, 45s mainstream newspaper 13200 yuan / ton, about single negotiation.

The market price of Qian Qing pure polyester yarn has increased by 100 yuan / ton. At present, the mainstream price of 32S pure polyester yarn is 12300 yuan / ton, and the shipment is general.

The PTA market has been cut down by the OPEC organization and non OPEC. Crude oil has soared. This week, the price of PTA has risen. Polyester filament has been greatly increased by cost support.

Polyester plant started relatively stable, loom operating rate also maintained high, polyester factory inventory level is still low.

Polyester raw materials PTA rose again, the cost level continued to rise, and downstream affected by the buy up mentality, many manufacturers have positive stocking, upstream and downstream common support, it is expected that polyester short fiber will easily rise or fall in the short term.

The supply of PTA is expected to decrease. Meanwhile, crude oil is expected to continue to rise, strongly supporting PTA prices. Polyester filament is boosted by the cost of raw materials. It is expected that polyester filament will run strong next week.

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