Polyester Filament: Large Production And Sales Yesterday, Market Needs To Be Improved?

Yesterday, most polyester filament enterprises preferential promotion, downstream users buy on bargain, the overall production and sales recovery, local enterprises production and sales volume. As of fifteen : fifty-five , mainstream production and marketing 582% , up from the previous trading day 550.3% 。 Some factories are still receiving orders, polyester filament turning point?

From the aspect of raw materials

Within the month PTA There are many routine maintenance devices, which are expected to be in China in the current month PTA The factory is going to the warehouse. There is still support, at present PTA The processing range is relatively low, and the short-term start-up of polymer end is relatively high, and the demand is still supported PTA Mainly subject to poor production and sales of polyester. In terms of ethylene glycol, the starting load is basically stable, the inventory continues to remain low, and the market is still supported in the short term. The upward pressure is mainly affected by the large number of new production capacity in the far end, and the long-term supply pressure is large.

Polyester filament

end four month twelve The profit margin of Japan's mainstream polyester filament models 400-700 element / Tons, profits have been weakened from high, showing a downward trend. Taking into account the downstream part of the factory procurement node has arrived, yesterday the factory profit delivery, production and sales volume is more in 300%-600% Due to the relatively high price in the early stage, the large factory has a relatively large shipment volume in the day 800%-1000% However, in terms of supply, the supply of polyester filament is expected to increase in the second half of the month, and the polyester fiber factory may continue to have accumulated pressure.

According to statistics, as of last Thursday, POY The mainstream of factory inventory is 18-25 Near the sky; FDY Factory inventory is mostly in twenty point two six Near the sky; DTY The overall inventory is in twenty-nine point three five It's near the sky. Yesterday polyester filament partial large factory production and sales volume is higher, to the warehouse ten God, most of them go to the warehouse 3-6 Day, mainly to Kuyi POY First, second FDY , DTY The overall performance is relatively general.

Considering that the current terminal demand is the leading factor affecting the market price of polyester filament, the current poor receiving of downstream new orders and the poor release of overseas orders restrict the upward trend of polyester prices. Therefore, considering the current cost and inventory of polyester filament and the downstream purchase volume of this round, it is expected that after today's price rise slightly, if there is no significant positive support from the downstream demand side and the macro aspect, Polyester filament at the end of the month is still expected to further yield profits, with the short term 5-6 Under the guidance of weak sentiment on the demand side of the month, the inflection point of polyester filament has not appeared in the short term, and the market may maintain a weak operation.