Demand For Good, Polyester Staple Fiber Will Continue To Advance Steadily This Week?

Last week, the market price of direct spun polyester staple increased slightly.

Since March, the spot price of PTA and ethylene glycol has risen sharply, and some of the middle and lower enterprises have taken the opportunity to replenishment. The production and marketing of polyester staple fiber has improved significantly. In addition, the foreign trade orders are relatively concentrated in recent years. This week, the stock of polyester staple fiber has dropped significantly, and the price has increased by more than 100-200 yuan / ton.

However, the downstream replenishment mostly concentrated in the first half week. In the second half of the week, due to the rapid rise of the market and the raw materials, there was a slight increase in the supply of goods after the final orders were not significantly improved, and the production and sales volume slowed down again.

By the end of Thursday, the main export price of half white 1.4D*38mm polyester staple fiber in East China was around 8900 yuan / ton, with a weekly average price of 8750 yuan / ton, rising by 0.63%.

Cost side drives prices up

Last week, the PTA futures market continued to be high and volatile, and spot prices continued to rise.

PX in the 2 quarter of the repair device more, prices easy to rise or fall, will continue to support the PTA price, downstream polyester production and marketing recently good, polyester stocks to downstream pfer, worry will overdraft market demand.

PTA price shocks are expected to be sorted out in the near future.

Ethylene glycol also showed an upward trend. Compared with the end of February, the price rose by about 305 yuan / ton. At present, the inventory data show that the terminal is still in the stage of exhausted inventory, and the high storage has a significant effect on the market, which is mainly short term or weak.

Downstream demand rises

Recently, the market of pure polyester yarn is strong. From market dynamics, the sales of cotton yarn J21s and 32S are still acceptable, and other specifications are relatively calm.

In the mixed yarn product series, the 40s/2 trading volume of polyester viscose yarn has risen, the price has remained stable, and the price of individual cotton yarn 65/35 has been steadily rising.

Polyester cotton yarn 90/10 and 80/20 are stable.

Pure polyester yarn price trend slightly stronger, pure polyester yarn 45s volume can also be used, mainly for the production of polyester cotton lining series.

Overall, as the Spring Festival goes, the downstream demand has almost recovered.

Before and after the Spring Festival, the load performance of short fiber is much better than that of other polyester products. After the high profit and low inventory, some research also pointed out that the short fiber has entered the business cycle since last October, which confirms the above views.

Before inventory and profit changes significantly, we are still optimistic about the demand for short staple fiber in the near future.

To sum up: at this stage, cost support is strong, the cash flow of polyester staple fiber has been narrowed sharply, and in March, demand side support is relatively stable.