Short Term "Seesaw Warfare" For Polyester Filament: There Is Another Opportunity To Rise In August.

Polyester filament

The market is divided, prices are rising and falling.

Specific to all varieties, the most obvious performance is polyester FDY.

Entering this week, the price of fine FDY in Jiangsu and Zhejiang markets has been rising, but the coarse Dan FDY has a callback.

For example, in July 22nd, the FDY50D-100D quotation of polyester filament in Shaoxing mainstream factory increased by 100-300 yuan / ton, FDY50D/24F quoted price to 16600 yuan / ton, but at the same time, its FDY150D/96F price of polyester filament was reduced by 150 yuan / ton 11800 yuan / ton.

Cotton velvet

The fabrics such as matte velvet and other fabrics are flourishing, and the warp knitting machine and water jet loom with more fine denier polyester yarn always keep a higher starting rate.

The demand for coarse denier yarn is not satisfactory.

Starting from May, the roundabout machine which used more coarse denier polyester yarn was less than the following orders, and the rate of starting up was dropping to varying degrees.

In June, Xiaoshao's round machine's starting rate dropped to about 6, and the opening rate of circular machines in Guangdong and Fujian dropped to 5.

The price rise of coarse Dan FDY in June is mainly due to the favorable macroeconomic conditions and the influence of power restriction in Zhejiang province.

Therefore, to a certain extent, the price reduction of coarse Dan FDY has lagged behind.

PTA

MEG and polyester chip contract settlement price, the market cautious watch, the actual trading activity has declined, but the overall performance is still acceptable, factory production and marketing is basically running near the 8-10 level line.

At present, polyester plant polyester stock overall inventory is not high, sales pressure is not very small, of which fine denier product supply is still more intense, manufacturers basically no inventory, some manufacturers orders have even been empty until August.

At the end of the month, the arrival of the downstream stocking cycle also forms a certain support for the market.

So in the short term, the polyester market will be in a sawing state.