Last week, the market price of polyester filaments in the domestic market continued to decline, and manufacturers' prices were downgraded. The price of raw materials went down. The lack of cost support was the reason for price reduction. At the beginning of the week, the price of polyester filament POY150D/48F was 11,700 yuan/ton, that of polyester filament DTY150D/48F was 13,100 yuan/ton, that of polyester filament 150D/96F was 12,050 yuan/ton, and that of polyester filament POY150D/48F at the weekend was 11,600 yuan/ Tons, polyester filament DTY150D/48F offer 13,000 yuan / ton, polyester filament 150D/96F offer 11,850 yuan / ton, a drop of 100-200 yuan / ton.
Downstream manufacturers continue to wait and see, only to maintain rigid demand, polyester filament manufacturers production and marketing Wendeng, inventory continues to accumulate, some manufacturers bear the pressure of inventory, negative maintenance to start, slice workshop filament devices and technology behind the device repair rate is higher; Wednesday, the United States The stock index rose sharply, and the market hopes to boost market confidence. However, in the afternoon, the Chinese stock index did not rise or fall, causing a large drop. This drove the price of polyester raw materials to fall sharply. Filament manufacturers were trapped in higher costs and lowered their prices. With price difficulties, once the raw materials were lowered, the downward pressure dropped drastically, and the manufacturers lowered their prices one after another. The price was very different from the previous sporadic rises and falls, with individual manufacturers dropping by RMB 900/t. This week, polyester filament manufacturers have a negative sign, and the operating rate has dropped. However, the sales volume is not good, and inventory is still at a high level.
The polyester yarn market in Shengze and Jiaxing is basically in weak market adjustment, and the trend of varieties in the market appears to be fragmented. The production and sales rate of polyester yarns by local manufacturers is not satisfactory, most companies are around 50-60%, and individual spinning plants are even lower. On the price side, it was learned that some factories in the Xiaoshao region were downgraded on Saturdays, while others were mainly based on barely stable offers, but there was still a phenomenon of discounted shipments for actual transactions. The price of Sunze Factory 1 decreased on Sunday, for example, the price of FDY53/48\ fell to 13300 yuan/T, and the previous price of 13,800 yuan/T fell by 500 yuan/T. At present, the downstream weaving downtime rate has risen and Polyester purchases have continued to be cautious. In order to strive for shipments by spinning manufacturers, the discounted price action will correspondingly increase. Therefore, the market outlook for polyester filaments is still in a weak state, and the entire polyester filament market The price will also be likely to be moderately downward.
The overall market price of Zhejiang Polyester slid, the price was lowered at 200-300 yuan/ton, the center of gravity decreased, the market was weak and wait-and-see and the transaction was mainly light.
At present, the prices of polyester raw materials have fallen significantly. PTA's domestic spot price is 8,700 yuan per ton, and ethylene glycol's domestic spot price is 7,300 yuan per ton. The cost support is not, and downstream weaving manufacturers and cannonball companies have digested hand-held stocks. Market trading Businesses also rely mainly on shipments, and bearish sentiment has spread across the market as a result of an increasingly bearish atmosphere. Sales and pressure from spinning and chemical fiber plants are increasing. With the price of polyester raw materials entering the down channel, polyester filament prices are also difficult to sustain, but with high chemical costs, polyester filaments are expected to remain weak, but space is limited.
Downstream manufacturers continue to wait and see, only to maintain rigid demand, polyester filament manufacturers production and marketing Wendeng, inventory continues to accumulate, some manufacturers bear the pressure of inventory, negative maintenance to start, slice workshop filament devices and technology behind the device repair rate is higher; Wednesday, the United States The stock index rose sharply, and the market hopes to boost market confidence. However, in the afternoon, the Chinese stock index did not rise or fall, causing a large drop. This drove the price of polyester raw materials to fall sharply. Filament manufacturers were trapped in higher costs and lowered their prices. With price difficulties, once the raw materials were lowered, the downward pressure dropped drastically, and the manufacturers lowered their prices one after another. The price was very different from the previous sporadic rises and falls, with individual manufacturers dropping by RMB 900/t. This week, polyester filament manufacturers have a negative sign, and the operating rate has dropped. However, the sales volume is not good, and inventory is still at a high level.
The polyester yarn market in Shengze and Jiaxing is basically in weak market adjustment, and the trend of varieties in the market appears to be fragmented. The production and sales rate of polyester yarns by local manufacturers is not satisfactory, most companies are around 50-60%, and individual spinning plants are even lower. On the price side, it was learned that some factories in the Xiaoshao region were downgraded on Saturdays, while others were mainly based on barely stable offers, but there was still a phenomenon of discounted shipments for actual transactions. The price of Sunze Factory 1 decreased on Sunday, for example, the price of FDY53/48\ fell to 13300 yuan/T, and the previous price of 13,800 yuan/T fell by 500 yuan/T. At present, the downstream weaving downtime rate has risen and Polyester purchases have continued to be cautious. In order to strive for shipments by spinning manufacturers, the discounted price action will correspondingly increase. Therefore, the market outlook for polyester filaments is still in a weak state, and the entire polyester filament market The price will also be likely to be moderately downward.
The overall market price of Zhejiang Polyester slid, the price was lowered at 200-300 yuan/ton, the center of gravity decreased, the market was weak and wait-and-see and the transaction was mainly light.
At present, the prices of polyester raw materials have fallen significantly. PTA's domestic spot price is 8,700 yuan per ton, and ethylene glycol's domestic spot price is 7,300 yuan per ton. The cost support is not, and downstream weaving manufacturers and cannonball companies have digested hand-held stocks. Market trading Businesses also rely mainly on shipments, and bearish sentiment has spread across the market as a result of an increasingly bearish atmosphere. Sales and pressure from spinning and chemical fiber plants are increasing. With the price of polyester raw materials entering the down channel, polyester filament prices are also difficult to sustain, but with high chemical costs, polyester filaments are expected to remain weak, but space is limited.
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