Polyester staple fiber market may continue to rise late

Recently, the market trend of polyester staple fiber has been repeated. As a whole, there are many market positive factors. At present, the market price of polyester staple fiber has been at a high level for more than three months. Judging from the market conditions, the polyester staple fiber market is mainly driven by cost. From the data chart of the following example, we can see that, as of September 1, the mainstream factory offer price of 1.4D*38mm direct-spun polyester staple fiber market in East China was concentrated between 13400-13500 yuan/ton; and the lowest in mid-July. Compared to that point, it has risen by nearly one thousand yuan, and the rate of increase has reached 7.57%.

Will soon enter the "golden nine silver ten" sales season, polyester staple fiber market outlook will be strong in the peak season? Still there is no busy season? The following specific analysis by the author:

The first is that the upstream raw materials market has strengthened, and there is still a certain increase in expectations. On the PX side, domestic PX installations have experienced many accidents since July. Under the stimulation of continuous shutdowns and other factors in the market, PX market prices have fluctuated at high levels and market prices have steadily increased. As of September 1, Asian PX closing price closed at $ 1,682 / ton FOB Korea, compared with the end of June, a substantial increase of 326 US dollars / ton, or up to 24.04%; European PX prices are concentrated in 1596 US dollars / ton FOB Rotterdam.

At the same time, the high price of the PX price also brought support to the strength of the PTA market. Affected by the tight supply of the market, the price of the PTA has continuously pushed up. In August, the PTA ** market sentiment soared. The 1201 contract of Zhengzhou PTA’s main strength rose by 414 yuan/ton to 10,120 yuan/ton during the month, an increase of 4.27%. In terms of spot, the price of PTA's inner disk market has risen to 10,150 yuan, and the entire August increase was 7.98%. The price of Taiwanese goods rose to US$1,295/ton, or 6.58%, and the price of Korean goods market negotiations has also risen by nearly 100. The dollar to 1275 US dollars / ton. Relatively speaking, the price of PTA has been at a high level, and its new devices in the market have been put into production one after another. It is unlikely that PTA will continue to surge, but there is still a certain expectation of increase.

Followed by the small stocks of polyester staple fiber manufacturers, the market demand is generally. Judging from the current supply of polyester staple fiber, polyester staple fiber manufacturers have been gradually overhauled and the market supply is stable. The overall stock of polyester staple fiber industry is relatively low. In terms of plant dynamics, it is reported that the overhaul plan for a 150,000-ton direct-issued polyester staple fiber plant in Henan was advanced to the end of August, and the overhaul time was approximately 45 days. A 200,000-ton polymerization plant in Fujian began to stop and inspect on August 12. It is estimated that it will take 2-3 weeks to repair. The plant mainly produces POY, FDY and polyester staple fiber. In addition, a set of 120,000 tons of polyester equipment that was stopped due to breakdown in Nantong passed restart in July. Currently, it has officially sold its products to the outside world. Its products include polyester staple fiber and polyester chips.

From the market demand, the current downstream polyester yarn staple fiber inventory is also low, while the Mid-Autumn Festival and the National Day holiday coming one after another, the downstream market or there is a certain stocking demand. However, the production and sales of the downstream yarn market is not satisfactory. The yarn manufacturers face pressures on capital and inventory. The phenomenon of limited production and parking is more common. The market demand for polyester staple fiber is mainly on-demand procurement, and the market is more likely to wait and see. The market trend of pure polyester yarn in the near future is mainly due to the trend of consolidation. There is little change in the market price of the product. Currently, the market price of 32S pure polyester yarn is concentrated near 17400 yuan/ton, and the market price of 45S pure polyester yarn is concentrated near 19,100 yuan/ton. It is expected that the pure polyester yarn market will continue to perform steadily in the short term.

Considering the market conditions of polyester staple fiber, the market price of polyester staple fiber may continue to rise in the short term due to the recovery of the upstream cotton market, the boost of raw material market prices and the low inventory of polyester staple fiber manufacturers. However, under the influence of macroeconomic uncertainties such as the insufficiency of demand in the downstream yarn market and the acceleration of renminbi appreciation and monetary tightening, the future trend of the polyester staple fiber market still has certain variables, and 14,000 yuan/ton will be the future polyester. The important mark for the rise of staple fiber prices.