Shengze Jiaxing Market: Polyester First Fell And Then Upturned.

The opening quotation of polyester market continued to decline on Monday due to the collapse of raw material costs.

Tuesday polyester spinning factory polyester products factory quotations decline in turn, the day PTA futures prices rebound trend, afternoon polyester production and sales have picked up.

On Wednesday, thanks to the better production and marketing rate of the day before yesterday, the opening and closing of polyester products increased slightly and the discount reduced.

Thursday polyester market overall stability, but rumors of individual POY and FDY low price has sporadic slight increase.

On Friday, the overall market of polyester market is in the process of shock and finishing. In terms of price, the price of individual POY products has been slightly increased.

In the two-day weekend, polyester market is basically adjusting. It is reported that the POY of individual factories in Xiaoshan has been raised by 50 yuan /T on Saturday.

The trend of polyester market is uneven, and downstream weaving is just needed.

Compared with the previous week, the performance of the POY market has improved slightly. The volume of turnover has also picked up this week. The market quotation of individual enterprises has been strong and upward, and the discount rate of enterprises has been reduced.

POY50D/72F, 75D/144F, 100D/192F, 150D144F, 288F and other melt spinning factories maintain the momentum of moving pin, while POY wire 50D and 75D mesh are used for weaving needs.

The main business POY quoted POY100/48F for 91000 yuan and POY150/48F for 8600 yuan.

The current POY inventory level is reasonable.

The POY market is expected to remain unchanged next week.

DTY

Stable performance, the market atmosphere dominated by deadlock, its turnover rose last week, small cap products actually traded when preferential sales promotion measures still exist, but the scope of concessions is not large, business wait-and-see mentality is strong now, enterprise inventory basically stable, sales pressure is controlled at normal level.

Mainstream conventional products such as DTY150D/144F, 288F heavy wire and so on have sporadic purchasing power.

DTY75D/144F (Network) and DTY75D black wire continue to maintain a dynamic sales state, DTY75D/36F and 150D/48F sales are weak, mainly for oversupply at present, in addition, DTY flat wire supply is still tight.

The performance of the market has improved slightly, but the market quotation level has changed little, but the market turnover situation is gradually improving. The production and marketing situation of the company is getting warmer. The production and sales rate of the company is basically running at a level of over 100, and the discount scope is narrowed at the time of paction.

enterprise

The level is within the range of affordability. The quotation level of the main enterprises FDY is FDY50D/24F, the price is 10000 yuan / ton, the FDY75D/36F price is 9600 yuan / ton, and the FDY150D/96F quotation is 8500-8600 yuan / ton.

Sales of conventional products FDY68D and 75D are weak in the market. However, sales of 50D/72F, 75D/72F and 75D/144F can be achieved. Among them, 75D/72F still has sales volume in the Shengze market, and the price of direct spinning is currently in the range of 9700-9900 yuan /T, which is mainly used to produce twisted silk like scarves.

From the upstream and downstream market dynamics, this week, the polyester market quotes "only signs, no momentum", and it takes time to get stronger.

Although the upstream raw materials PTA and MEG rebounded slightly, polyester chips also bottomed out, but the downstream market is coming to an end in the busy season. Downstream weaving factories have objections to the current polyester price, and the bulk volume of goods is weakened after replenishment.

Therefore, most people think that next week, the whole market is dominated by a small adjustment. Of course, some of the low price stocks may not be ruled out.