Home >

Pressure Of Supply And Demand Further Aggravated, PTA Prices Dropped Slightly.

2020/1/19 12:25:00 0

Supply And DemandPTA


According to the price monitoring of the business community, the price of domestic PTA spot market first fell and then rose, showing a downward trend overall. As of January 17th, the market average price was 4883 yuan / ton, down 1.17% from the beginning of the week, down 23.65% from the same period last year. Crude oil fell for several consecutive days at the beginning of the week, and cost support weakened. At the same time, PTA was faced with multiple device restart and downstream polyester into centralized maintenance. Under the pressure of supply and demand, the price of PTA continued to decline. The weekend was affected by the macro mood, and crude oil support increased slightly.

manufacturing enterprise December settlement price (yuan / ton) January marked price (yuan / ton)
Ningbo Yisheng Four thousand nine hundred and twenty-five Five thousand
Yangzi Petrochemical Five thousand and eighty Five thousand and two hundred
Ningbo Taiwan Five thousand and eighty Five thousand and two hundred
Yizheng chemical fibre Five thousand and eighty Five thousand and two hundred
Ya Dong petrochemical Five thousand and eighty Five thousand and two hundred
Hon Bang petrochemical Five thousand and eighty Five thousand and two hundred
Shanghai petrochemical Five thousand and eighty Five thousand and two hundred
Honggang petrochemical Five thousand and eighty Five thousand and one hundred
Tianjin petrochemical Five thousand and eighty Five thousand and two hundred
Luoyang petrochemical Five thousand and eighty Five thousand and two hundred
Yisheng Dalian Four thousand nine hundred and twenty-five Five thousand
Hengli Dalian Five thousand and eighty Four thousand and nine hundred
Yisheng Hainan Four thousand nine hundred and twenty-five Five thousand
Zhuhai BP Five thousand and eighty Five thousand and one hundred

In terms of installations, Zhuhai BP 1 million 100 thousand tons PTA plant and Dushan energy 1 million 100 thousand ton PTA device have been restarted, and the current PTA operating rate is near 89%. Next week, yam grand 2 million 250 thousand tons of plant plans to restart, in addition, China and Thailand Petrochemical 1 million 200 thousand tons of equipment load 7, Hengli four phase 2 million 500 thousand tons of equipment, 1 million 250 thousand tons of lines put into operation, load increase.

manufacturing enterprise Unit capacity (10000 tons / year) Device changes
Ningbo Yisheng Sixty-five Parking in January 1, 2020, restart to be determined
Two hundred and twenty Planned mid January -2 maintenance
Yangzi Petrochemical Thirty-five Parking since December 20th, restart to be determined
Yisheng Dalian Two hundred and twenty-five In December 29th, the parking lot was lowered and delayed until the end of the week.
Yisheng Hainan Two hundred Planned mid February -3 maintenance
Zhuhai BP One hundred and ten Has entered the maintenance, planned maintenance for 2 weeks.
Chuan can chemical One hundred Failure to stop in December 29th, tentatively scheduled to restart near mid February
Fuhua chemical industry and trade Four hundred and fifty Failure load is 5, plan to increase load today.
Jialong Petrochemical Company Sixty Car maintenance in August 2nd, restart to be determined
Zhuhai BP One hundred and ten The device was restarted in January 15th, and the device was shut down in early January.
Dushan energy One hundred and ten The device was restarted in January 16th, and the device was eliminated at the beginning of the week.

There is a demand for stocking in the downstream polyester plant, and PTA spot trading activity has increased. The polyester plant overhaul increased load by about 75%. Next week, there is expected to be 2 million tons / year polyester plant maintenance is expected to start, will start to decline to below 72%. The market price of polyester filament keeps stable, among which the polyester POY150D/48F in Jiangsu and Zhejiang factories reported 7000.00-7450.00 yuan / ton, polyester DTY150D/48F reported 8600.00-9050.00 yuan / ton, polyester FDY150D/96F reported 7600.00-7950.00 yuan / ton. Near the Spring Festival, the textile enterprises entered the mode of suspension and vacation, and the comprehensive startup rate of Jiangsu and Zhejiang looms dropped to around 14%.

Xia Ting, a business analyst, said that the stocking before the festival will gradually come to an end. The downstream polyester factories will also be further overhauled. The terminal weaving and polyester start up will fall again, and demand will decline again. The pressure of PTA storage will intensify. However, the current crude oil production cycle and the macro level are favorable, which will form a certain support for PTA. Overall, it is expected that the price of PTA will be weak before the festival.

  • Related reading

Textile Enterprises Open Holiday Mode Polyester Filament Prices Remain Stable

Expert commentary
|
2020/1/19 12:25:00
0

China US Agreement Signed Cotton Price Consolidation

Expert commentary
|
2020/1/19 12:25:00
0

The Magic Of The Spring Festival, The Price Of Ethylene Glycol Has Dropped.

Expert commentary
|
2020/1/19 12:24:00
0

Cotton Prices Fall Before Buying And Selling

Expert commentary
|
2020/1/19 12:23:00
0

Cotton Prices Fall Before Buying And Selling

Expert commentary
|
2020/1/19 12:22:00
0
Read the next article

On The Eve Of The Closing Of The Market, China'S Textile Market Has Declined Significantly.

Recently, on the eve of the closure of the traditional market in China's Textile City, with the return of the north and South merchants to the market, the consignment market has been shut down and increased.