According to the price monitoring of business agency, the domestic PTA spot market price maintained a small decline on August 18, with the average spot market price of 3619 yuan / ton, down 0.06% compared with the previous trading day, and 32.13% lower than that of the previous trading day. PTA main futures (2101) closed slightly lower, closing at 3762, down 6% from the previous trading day.
| Potassium monopersulfate |
Production enterprise unit capacity (10000 tons / year) unit operation status
Huabin Petrochemical 140 plans to overhaul for 10-15 days in late August 2020
Yangzi Petrochemical 65 will be overhauled on August 6, 2020, and will be restarted on August 21
Hailun Petrochemical 120: August 2, 2020, overhaul for 1 month
Ningbo Taihua 120 will be overhauled on August 3, 2020 and restarted on August 17, 2020
Yadong Petrochemical 70 plans to overhaul for 3 days at the end of August 2020
Livan polyester 70 will be shut down on April 30, 2020, to be restarted
Hanbang Petrochemical Company will stop for maintenance from May 9, 2020, and restart to be determined
220. Reduce the negative rate by 50% on August 6, 2020 and resume on August 7, 2020
Honggang Petrochemical Co., Ltd. will stop short on August 10, 2020 and restart on August 17, 2020
Tianjin Petrochemical Company will shut down for maintenance on April 17, 2020, and restart to be determined
Luoyang Petrochemical Company will start maintenance for 27 days at the end of July 2020
Pengwei Petrochemical 90 will be shut down for maintenance on March 9, 2020, and restart to be determined
Fuhai Chuang 450 will reduce the load by 70% on August 12, 2020, which is expected to last for a week.
Jialong petrochemical company shut down for maintenance on August 2, 2019, restart time to be determined
PTA market traders mainly buy, spot trading atmosphere is not good. In terms of units, the PTA units of Honggang and Ningbo Taihua are in the process of heating up and restarting. Yangzi Petrochemical plant is also planned to restart this Friday, and the supply will increase again, which is detrimental to the market mentality. At present, PTA start-up load is around 83%.
| EDTA 2Na |
The new polyester plant put into operation in the early stage of downstream is in normal operation, and the demand performance is relatively stable, and the starting load of polyester is 87.68%. In terms of inventory, the overall inventory of polyester market is concentrated in 33-40 days. In terms of specific products, POY inventory is up to 11-18 days, FDY inventory is around 22-32 days, and DTY inventory is about 30-40 days. In terms of price, from the end of July to the beginning of August, the price of polyester filament fluctuated and rose, and the cash flow of POY and FDY gradually improved. So far, some FDY models have turned losses into profits. Considering that the price of polyester filament is at a historical low point, texturing and weaving enterprises are still willing to buy if there is no financial pressure. If the raw materials are properly promoted, downstream users will still consider bargain hunting.
The terminal orders have improved, and the comprehensive starting rate of Jiangsu and Zhejiang looms has increased to 63.30%, but it is still at a low level compared with the same period last year. China Light and Textile City summer thin fabric transactions continue to decline, domestic market there are many suppliers in autumn and winter fabric proofing continued to increase, local orders increased. Foreign trade market, especially the arrival of autumn and winter fabric orders, gradually opened up the situation, sales began to increase locally.
Xia Ting, an analyst at the business agency, believes that with the restart of some units, PTA supply is expected to be relaxed, and the inventory of the industrial chain is high, and there are still worries about the domestic sales and export sales of the terminal. Therefore, it is expected that PTA price will weaken in the short term and adjust mainly.
| EDTA |