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Zhejiang Polyester Yarn Price Rises Steadily -- Daily Chemical Fiber Market Express (7.27)

2020/7/28 11:37:00 0

Chemical Fiber Market

  

Raw material Market

1. On July 24, New York crude oil August futures rose 0.22 US dollars to 41.29 yuan / barrel; Brent September futures rose 0.03 dollars to settle 43.34 yuan / barrel.

Japanese naphtha fell $8.00/t to $397.63/t on July 24.

Crude oil against Taiwan dollar / USD / USD 550t / USD, down from USD 537t/fob in Asia. The negotiation is light, the profit of PX and PTA production is squeezed, and the market fundamentals change little. The price difference between naphtha and PX is 152.375 USD / T, PTA and PX is 71.25 USD / T, and the average price difference of this month is 78.32 USD / T.

4. In the afternoon, PTA futures fluctuated, and the spot main port goods source offered a discount of 09 yuan for contract, 55 yuan for delivery, and about 45 yuan for warehouse receipt transaction; in the first and middle of August, the discount was about 40 yuan. This year, PX shock sorting, September ship goods reported 548 U.S. dollars / ton, October turnover 562 U.S. dollars / ton, PTA external supplier's one-day tour quotation slightly increased to 455 dollars / ton, shipping intention to talk about 430 dollars / ton or slightly within.

5. In the afternoon, MEG futures continued to be sorted out. The spot discount 09 contract is around 80-90 yuan. This week's goods offer is around 3640 yuan / ton, and the bid is around 3635 yuan / ton. In August, the price of goods is about 3690 yuan / ton. In the afternoon, Meg's external market had a narrow range of shocks. Recently, the shipping offer of 440 USD / T is slightly within the range, and the bid remains at 435 USD / T. the negotiation is slightly deadlocked.

6. On July 27, the selling price of PTA in USD rose by 5 USD to 455 USD / T.

7. It is reported that a new IPA plant for technical renovation of an old PTA plant in East China is planned to be put into operation tomorrow, involving a capacity of 300000 tons.

8. Yisheng Petrochemical announced that the PTA contract settlement price in July 2020 was 3570 yuan / ton (cash), down 90 yuan / ton compared with the previous month. 9. The PTA settlement price of Hengli petrochemical in July 2020 is 3528.07 yuan / ton (cash), and the advance payment in August is 3700 yuan / ton (cash).

10. A set of 400000 tons of syngas MEG plant of Xinhang energy has been shut down for maintenance since today, and it is expected to be shut down for a month. A set of 200000 ton MEG plant in Puyang, Henan Province, was discharged at the end of last week after it was ignited and restarted.

11. In July 2020, the PTA contract settlement price of No.1 plant in South China was released, at 3730 yuan / ton (90 days acceptance), down 90 yuan / ton compared with the previous month.

12. A set of 50000 ton MEG plant for syngas production in Shandong is planned to be overhauled from August 6 to the end of the month. The maintenance time of another set of MEG plant with a capacity of 500000 tons is not determined and is in operation with load reduction.

13. The load of a 300000 ton synthetic gas MEG plant in Anhui Province was reduced to 50% due to air separation failure, and it is expected to return to normal within this week.

On Friday, the cost of pet rose to RMB 3450 / T, up from RMB 3450 / T on Friday.

Downstream dynamics

1. PTA futures are weak today, and the prices of polyester factories in Zhejiang market are rising steadily, and some of the preferential policies have been narrowed. The purchase of textile enterprises is just high, and there is no need to buy more goods in the downstream market. It is expected that the center of gravity of polyester will be mild in the short term. At present, the main quotation of POY 100D / 36F is 5150-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7850-8050 yuan / ton.

2. Today, the transaction situation of Jiangsu and Zhejiang polyester yarn is generally good, some factories are better, some POY production and sales are 40%, 50%, 50%, 30%, 40%; some FDY production and sales are 180%, 100%, 60%, 40%, 50%; some DTY production and sales are 85%, 80%, 60%, 180% and 80%.

3. The atmosphere of transaction in Jiangsu and Zhejiang semi light slicing market is relatively cold. It is heard that some small and medium-sized orders that just need to be traded are around 4450-4550 yuan / ton (cash).

4. This morning, the quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers was basically maintained, mainly through negotiation and shipment. The mainstream quotation of 1.4d was about 5350-5550 yuan / ton, and the actual price was about 5250-5450 yuan / ton, which was slightly higher.

5. The price of polyester staple fiber in Jiangyin No.1 Factory was raised, and the price of 1.4d was delivered at 5500 yuan / T cash, and the actual order was negotiated for shipment.

6. The market of polyester staple fiber in Shandong and Hebei Province is maintained, mainly through preferential negotiation and shipment, mainly by downstream purchase on demand, and semi light 1.4d negotiation or 5300-5450 yuan / ton.

7. The quotation of Fujian polyester staple fiber manufacturers is stable, and the trading atmosphere is general. The quotation of 1.4d is mostly 5500 yuan / ton, which is delivered in short distance. The actual order negotiation or 5350-5450 yuan, one single talk.

8. In recent years, the market of low melting point polyester staple fiber remains stable, and the price of 4D low melting point is about 7500 yuan / ton.

9. The price of pure polyester yarn in Shengze is weak. The mainstream price of t32s is about 9200-9400 yuan / ton, and that of t50s is about 11100-11300 yuan / ton.

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