1、 Price trend
| Benzalkonium chloride |
According to the price monitoring of the business community, the spot price of domestic polyester staple fiber was strong this week (12.18-12.25). As of December 25, the average price of domestic polyester staple fiber spot market was 5918 yuan / ton, up 3.32% from last Friday’s price of 5728, and down 17.43% year on year. Many manufacturers offer a small increase. In the futures market, the main short fiber Futures (2105) closed down at 6304 on December 25, down 14 or 0.22% from the closing of 6318 on Friday. Crude oil and PTA futures first suppressed and then rose, which led to the concussion rebound of polyester staple fiber futures. The rebound of raw materials and futures led to the strength of polyester staple fiber spot price, but the downstream emission reduction and power limitation led to the decline of polyester staple fiber spot production and sales. Restricted by demand, polyester staple fiber spot or difficult to continue to strengthen.
2、 Factors affecting price
PTA: domestic PTA spot market fell slightly this week. Over the weekend, the average price of domestic PTA spot market was 3630 yuan / ton, down 0.68% compared with the beginning of the week and 25.87% compared with the same period last year.. Crude oil rose last weekend due to the launch of new crown vaccines one after another and the news of OPEC production reduction. This week, crude oil fell due to repeated attacks of new crown epidemic. After stabilizing, crude oil prices fell.
2. Ethylene glycol: the domestic ethylene glycol spot market rose this week. This weekend, the average ex factory price of oil based glycol in North China was 4050 yuan / ton, up 4.3% from last Friday and down 22.85% from last year. Macro market preference, port inventory decline, emission reduction in many places, power rationing and production reduction, ethylene glycol price rebound. However, the downstream chemical fiber weaving market gradually entered the off-season, production and sales fell, ethylene glycol or re appear accumulation, market downward pressure increased.
3. Polyester yarn: the domestic polyester yarn market is running smoothly this week. This weekend, the spot market average price of 32S polyester yarn in Jiangsu, Zhejiang and Shanghai was about 13375 yuan / ton, the same as last week, with a year-on-year drop of 7.25%. The previous week, the domestic textile market is showing signs of warming up. The number of new orders of textile enterprises has increased. In some areas, yarn prices have generally increased slightly. The sales of middle and low-end yarn are better, while the high-end textile and clothing market is still poor. The market performance of different varieties is still different. The quotation of pure polyester yarn market is stable, but the focus of discussion is slightly floating.
3、 Future forecast
Analysts from business news agency believe that crude oil and PTA have risen in shock since the beginning of November, but this week, affected by repeated public health events, prices have fallen, which has weakened the support for polyester staple fiber cost. The downstream weaving market entered into the traditional off-season, the number of new orders decreased, the turnover of winter fabrics decreased, the orders of spring fabrics were relatively limited, the start-up rate of weaving enterprises was insufficient, and the polyester yarn mills entered the warehouse. Short fiber spot production and sales after the initial hot inventory levels rise, short-term follow-up purchasing enthusiasm or weakened, wait-and-see mood or increased. It is expected that the short fiber spot market will enter the accumulation stage in the future. However, the current crude oil, PTA futures is still strong shock trend, cost support still exist. Short term short fiber futures or continue to show strong oscillation trend.
| http://www.lubonchem.com/ |