Polyester: Weak raw materials dragged down a slight correction in the market
114,425 
May 26, 2023, 4:27 PM 1. Market trend chart of polyester products
On May 26, the polyester chip market price index was 6750, down 25 from yesterday and 0.37% month-on-month.
On May 26, the market price index of polyester bottles and chips was 6950, down 50 from yesterday and 0.71% month-on-month.
2. Summary of market prices of polyester products
|
products |
specifications |
market |
2023.5.26 |
2023.5.25 |
rise and fall |
remarks |
|
polyester chip |
semi-optical sectioning |
East China |
6750 |
6775 |
-25 |
Ex-factory tax included, RMB/ton |
|
light slicing |
6725 |
6750 |
-25 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.26 |
2023.5.25 |
rise and fall |
remarks |
|
polyester bottle flakes |
Water Bottle (IV.= 0.8） |
East China |
6950 |
7000 |
-50 |
Ex-factory tax included, RMB/ton |
|
Oil bottle grade |
6950 |
7000 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
6950 |
7000 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7050 |
7100 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
Water Bottle (IV.= 0.8） |
South China |
6950 |
7000 |
-50 |
Ex-factory tax included, RMB/ton |
|
|
Oil bottle grade |
6950 |
7000 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
6950 |
7000 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7050 |
7100 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
Water Bottle (IV.= 0.8） |
North China |
7050 |
7100 |
-50 |
Ex-factory tax included, RMB/ton |
|
|
Oil bottle grade |
7050 |
7100 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
hot canned grade |
7050 |
7100 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
carbonic acid grade |
7150 |
7200 |
-50 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.26 |
2023.5.25 |
rise and fall |
remarks |
|
polyester filament |
Jiangsu and Zhejiang markets DTY 150D/48F |
East China |
8625 |
8600 |
+25 |
Ex-factory tax included, RMB/ton |
|
Jiangsu and Zhejiang markets FDY 150D/96F |
7975 |
7950 |
+25 |
Ex-factory tax included, RMB/ton |
||
|
Jiangsu and Zhejiang market POY 150D/48F |
7275 |
7275 |
0 |
Ex-factory tax included, RMB/ton |
||
|
Jiangsu and Zhejiang market POY75D/72F |
7600 |
7600 |
0 |
Ex-factory tax included, RMB/ton |
||
|
Fujian market POY75D/72F |
7800 |
7800 |
0 |
Ex-factory tax included, RMB/ton |
||
|
products |
specifications |
market |
2023.5.26 |
2023.5.25 |
rise and fall |
remarks |
|
polyester staple yarn |
Semi-optical original white 1.56*38 |
Jiangsu |
7200 |
7300 |
-100 |
Ex-factory tax included, RMB/ton |
|
Semi-optical original white 1.56*38 |
Fujian |
7350 |
7350 |
0 |
Ex-factory tax included, RMB/ton |
|
|
Semi-optical original white 1.56*38 |
Shandong |
7250 |
7325 |
-75 |
Ex-factory tax included, RMB/ton |
|
|
Semi-optical original white 1.56*38 |
Zhejiang |
7175 |
7300 |
-125 |
Ex-factory tax included, RMB/ton |
|
|
Semi-optical original white 1.56*38 |
Hebei |
7325 |
7350 |
-25 |
Ex-factory tax included, RMB/ton |
3. Brief introduction to the polyester product market
polyester chip
Today, the polyester chip market is narrow and weak. The PTA market for polyester raw materials has weakened, cost support is insufficient, and the supply of polyester chips has increased, suppressing the market mentality. The focus of market transactions has steadily declined. Downstream demand has weakened, and market production and sales have become relatively deserted. It is expected that the market price of polyester chips may adjust within a narrow range in the short term.
polyester bottle flakes
Today, the market focus of the polyester bottle sheet market has slightly corrected. The weakening of raw materials has dragged down the market. The offers of mainstream bottle and chip manufacturers have been lowered by 50 yuan/ton, and the offers of dealers have tended to low-end; downstream demand is still weak, and the market trading atmosphere is sluggish. It is expected that the polyester bottle sheet market may fluctuate within a narrow range in the short term.
polyester filament
Today, the polyester filament market is adjusting within a narrow range. Cost provides insufficient support for the market, and the market mentality is cautious. Yesterday, polyester production and sales increased significantly. Today, polyester manufacturers were reluctant to sell at low prices, and the preferential space narrowed. The focus of local transactions shifted slightly, and market production and sales weakened. It is expected that the filament market price may fluctuate within a narrow range in the short term.
polyester staple fiber
The polyester staple fiber market fluctuated and weakened today. Dragged down by the weakening of raw materials, the price of staple fiber market fell weakly. There are incremental expectations for supply in the later period, while demand continues to be weak, and the supply and demand side of the market is weak. It is expected that the short-term polyester staple fiber market price may fluctuate within a narrow range.
4. Polyester market production and sales data
|
products |
2023.5.26 |
2023.5.25 |
rise and fall |
units |
|
polyester chip |
60% |
120% |
-60% |
% |
|
polyester filament |
40% |
260% |
-220% |
% |
|
polyester staple fiber |
30% |
60% |
-30% |
% |
|
textile city |
1116 |
994 |
+122 |
ten thousand meters |
5. Polyester raw material market
|
products |
2023/5/26 |
2023/5/25 |
rise and fall |
units |
|
PTA Price Index |
5500 |
5550 |
-50 |
Yuan/ton |
|
PTA main contract settlement |
5348 |
5378 |
-30 |
Yuan/ton |
|
Ethylene glycol price index |
4049.96 |
4055.05 |
-5.09 |
Yuan/ton |
|
Ethylene glycol main contract settlement |
4043 |
4050 |
-7 |
Yuan/ton |
6. Future outlook forecast
The PTA market for polyester raw materials is sorted out, and costs promote the market. Market confidence is insufficient, downstream demand is weakening, and market production and sales are sluggish. It is expected that the short-term polyester market price may maintain a narrow adjustment. Later, we will focus on changes in the raw material market and demand side.