Lower And Lower Risk Of Spinning Polyester Filament Market Will Shock Downward
According to the price monitoring of business associations, the domestic polyester filament Market in November 27th was stable and weak. The average price of polyester POY (150D/48F) market was 7044 yuan / ton, down 0.14% from the previous day, down 19.98% from the same period last year.
product | Price type | 2019-11-26 | 2019-11-27 | Rise / fall | Company |
Polyester POY150D/48F | Cash on hand | 6950.00-7250.00 | 6900.00-7250.00 | -50.00 | Yuan / ton |
Polyester DTY150D/48F | Cash on hand | 8500.00-8750.00 | 8500.00-8750.00 | Zero | Yuan / ton |
Polyester FDY150D/96F | Cash on hand | 6950.00-7250.00 | 6950.00-7250.00 | Zero | Yuan / ton |
Raw materials PTA, Shanghai Ya Dong petrochemical, Yisheng Hainan PTA device has been heating up restart, the operating rate increased to 95%, and Dushan energy 1 million 100 thousand tons line plans to start production in late November. At the same time, affected by the news of polyester reduction in the lower reaches, the PTA price dropped under the new pressure of supply. As of November 26th, the market average price was 4844 yuan / ton, down 0.50% compared with the previous trading day, down 22.28% from the same period last year.
Enterprise name | capacity | Device dynamics |
Jialong Petrochemical Company | Sixty | Car maintenance in August 2nd, restart to be determined |
Jiaxing petrochemical | One hundred and fifty | Plan to stop in November 12th and plan for overhaul for 2 weeks. |
Helen petrochemical | One hundred and twenty | Plan for overhaul in December |
Ningbo Taiwan | One hundred and twenty | The fault stopped in November 13th and has been restored to normal production. |
Ya Dong petrochemical | Seventy | The car was overhauled in November 13th. At present, the device has been heated up and restarted. |
Hon Bang petrochemical | Two hundred and twenty | Down to 9 runs |
Chuan can chemical | One hundred | The fault stopped short in November 1st, and now the load is 8. |
Yisheng Hainan | Two hundred | The device has been reheated gradually, and the device has been serviced in November 22nd. |
The downstream market as a whole has cooled down, and the integrated rate of operation of the Jiangsu and Zhejiang looms is around 74%. The terminal factories are now making Christmas orders abroad, and the order goods are basically coming to an end. As the order begins to decrease in December, the load of Jiangsu and Zhejiang looms is expected to decrease. Another part of next spring and summer orders will be issued, but the order volume is not large.
Xia Ting, a business analyst, thinks that pet repair is increasing this week. Especially in late December to January, the polyester plant has a large maintenance plan, so the demand side of PTA will be affected, and the market will continue to weaken. As shown in the figure above, the price trend of polyester filament and PTA is basically the same in November, so weakening of PTA will have a certain impact on the polyester filament market. In addition, textile terminals will also enter the process of storehouse, demand based procurement, and plans to gradually start holidays after Spring Festival to plan after the Spring Festival to ease the pressure of distribution. On the whole, the upstream and downstream businesses are weak risk and lack of support. In the short term, the polyester filament market will be dominated by turbulence.
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