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Polyester Filament Will Take Advantage Of The Rising Trend Of Kim Gu Dongfeng?

2019/9/2 10:42:00 0

Polyester Filament Market

With the advent of thousands of calls, the traditional peak season of consumption in textile market has finally arrived in September. At present, the operating rate of the industry has risen slightly, and the supply has increased. However, the overall wait-and-see mentality of the downstream is obvious, just needs replenishment, and the trading atmosphere is light.

In the short run, will polyester filament take advantage of Kim Gu's east wind to usher in a wave of rising prices?


The supply of raw materials has been booster.

PTA market stalemate in the near future, the supply side of the latter part of the large device repair and maintenance expectations, but the time has not yet been determined, and near the end of September, PTA supply side, Jialong petrochemical, Yizheng chemical fiber is facing the restart, and the new device is put into operation, the supply side is more abundant, it is expected that in the short term, the PTA market price will continue to oscillate trend, the operation interval is 5000-5200 yuan / ton.

Glycol: part of the maintenance device restarted, and next week's pre arrival at 162 thousand tons, the supply side has incremental expectations. The contradiction between supply and demand of short-term ethylene glycol is not sharp, and domestic ethylene glycol is expected to maintain a shock pattern. So in short, the raw material ends are vulnerable to polyester support.

Polyester enterprises increase their burden to welcome Kim Gu

The market supply of polyester filament has been increasing in recent years. According to LIAN's understanding, in 7-8 months, the total production capacity of polyester filament increased by 1 million 200 thousand tons. By the end of August, the new devices had been running normally and exported.

In addition, by the end of August, the operation rate of polyester filament factory has increased steadily to more than 94%, so the market supply of polyester filament has increased rapidly. Under the increasing supply, there is no pressure on the stock of polyester filament at present, and the cash flow is optimistic. Many enterprises are still looking forward to the coming of Kim Gu peak season.

Downstream demand rebounded significantly

Near the end of the month, orders for the downstream weaving market increased significantly, and the comprehensive start-up rate of Jiangsu and Zhejiang looms was 78%. Orders, proofing and enquiry enthusiasm are better than the previous stage, especially for jet loom orders. But overall, the replenishment at the end of the month lacked raw material and order support, and caution and wait-and-see sentiment still dominated.


What is the trend of polyester in the short term?

With the advent of the September, the polyester industry chain has met with some agitation. Will the polyester entering the market in September usher in a rising market?

First of all, from the cost point of view, the contradiction between supply and demand in the PTA field is not prominent. However, there is a maintenance expectation in the late PTA plant, and there may be a rise in polyester start-up. There will be some support for the PTA demand side in the later stage.

Secondly, from the perspective of supply and demand, the overall wait-and-see mentality is obvious at the present stage, and the trading atmosphere is light, but the replenishment cycle is approaching. In the later stage, there is a certain expectation of production and sales warming. Therefore, it is expected that in the short term, polyester filament will show the trend of concussion consolidation and pay attention to the trend of raw materials and downstream replenishment. (source: lung Chung, business)

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