Brent Crude Oil Station 45 US Dollars / Barrel -- Daily Chemical Fiber Market Express (8.26)

　　 Raw material Market

1. On August 25, New York crude oil October futures rose $0.78 to settle at 43.35 yuan / barrel; Brent October futures rose $1.08 to settle at 45.86 yuan / barrel.

2. Japanese naphtha rose 7.00 to 415.25 US dollars / ton on August 25.

3. Against the background of strong upstream crude oil and naphtha market, the Asian paraxylene market price on August 25 increased by 5.5 US dollars / ton compared with the previous trading day, at US $553.67/t CFR Taiwan / Mainland China and US $535.67/t FOB Korea respectively.

4. PTA consolidation in the afternoon. At the end of August, the 01 contract of source of goods was 197-200 yuan. Individual suppliers delivered goods at any time in September, and the market offered 180 yuan in the first ten days of September. This year's PX long-month goods offer rose slightly, with 563 US dollars / ton in October and 583 dollars / ton in November. PTA external suppliers quoted 465 US dollars / ton for one-day tour, and 445 US dollars / ton for shipping intention.

5. MEG futures fluctuated in the afternoon. The spot discount 01 contract is around 170-180 yuan, the spot price is about 3740 yuan / ton, the delivery price is about 3735 yuan / ton, and the next week's goods is around 3765 yuan / ton; in the afternoon, Meg's external offer is firm. Recently, the ship's offer is around 460 USD / T, and the bid is about 455 USD / T. the negotiation estimate is slightly above 455 USD / T.

The current price of Dongguan Petrochemical Co., Ltd. will be kept at US $49T / T in Dongguan port and USD 596 / T in Ningbo.

7. On August 26th, the selling price of PTA in USD was maintained at 465 USD / T.

8. Hengli Petrochemical announced the PTA contract settlement price in August 2020, which was 3560.42 yuan / ton (cash).

9. It is reported that China's PX import volume in July 2020 was 1.287 million tons, down 9000 tons compared with the previous month.

10. Hengli Petrochemical announced that the advance payment of PTA contract in September 2020 was 3750 yuan / ton (cash).

11. Ethylene glycol of Huaxi Village commodity exchange closed at 3824 points in 2010, with 29498 transactions, and the position increased by 84 to 76582.

12. PTA inner disk: 3550 (+ 10), MEG inner disk: 3735 (+ 5), polyester cost 4286 (+ 10).

Downstream dynamics

1. PTA futures today narrow finishing, Zhejiang market polyester prices more stable, yesterday's promotional factory discount narrowed. The purchasing enthusiasm of downstream textile enterprises has decreased, and most of them maintain just needed replenishment. The overall transaction atmosphere of the market is not as good as yesterday. It is expected that the trend of polyester filament center of gravity in the short term is narrow range finishing. At present, the main price is between 36f-6100 yuan / T, and the main price is between 36f-6100 yuan / d.

2. Today, the transaction situation of Jiangsu and Zhejiang polyester yarn is weak, some factories are better, some POY production and sales are 90%, 30%, 30%, 50%, 60%; some FDY production and sales are 30%, 50%, 50%, 200%, 60%; some DTY production and sales are 80%, 80%, 70%, 85%, 60%.

3. There are not enough transactions in the market of semi light chips in Jiangsu and Zhejiang provinces. It is heard that the transaction volume of small and medium-sized orders with small and medium-sized demand is around 4550-4650 yuan / ton (cash).

4. The quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers continued this morning. The downstream wait-and-see atmosphere was strong and the trading atmosphere was general. The main quotation of 1.4d was about 5400-5700 yuan / ton, and the actual price was about 5350-5450 yuan / ton.

The short fiber factory has a discount of 555.4 T / D, and the price is slightly lower in Jiangyin. In the afternoon, it increased slightly by 50.

6. The market of polyester staple fiber in Shandong and Hebei maintained adjustment, and the actual order was negotiated for shipment. The semi gloss 1.4d negotiation or 5400-5550 yuan / ton was discussed. The downstream should be cautious and purchase on demand.

7. Fujian polyester staple fiber manufacturer's quotation is stable, and the actual order is negotiated for shipment. The 1.4d quotation is delivered at 5700 yuan / ton in short distance, and the actual order is negotiated or 5450-5550 yuan / ton. One single negotiation, downstream just needs to purchase.

8. The recent delivery of low melting point polyester staple fiber is acceptable, and the manufacturer's quotation is different. Ningbo Dafa offers 7700 yuan / ton, and Sichuan huiweishi is 8100 yuan / ton.

9. The price of pure polyester yarn in Shengze is weak. The mainstream price of t32s is about 9300-9400 yuan / ton, and that of t50s is about 11200-11300 yuan / ton.