Acrylic chain The price of upstream propylene is largely maintained within a reasonable range of fluctuation, which reflects the health of demand, especially from the polyolefin sector and stable imports. The supply is limited because many units are being shut down for maintenance. In the downstream fiber intermediates sector, acrylonitrile market has the necessary support for propylene prices.

The supply of acrylonitrile is sufficient in Asia because of the rising operating rate of factories. The market for textured staple fibers continued to weaken and prices remained stable. The market has lost confidence and the cost pressure has increased. It is hard for producers to meet their operating profits. Many participants are pessimistic about future trends, which is due to a lack of bullish factors. However, China's cold weather and power constrained spinning have already been labor shortages, which is expected to enhance its support for prices.

　　 Polyester chain PFY price is weak. PSF Price rise

In Asian and US markets, the price of polyester upstream ethylene increased, which was driven by rising naphtha prices and tight market supply. Demand from the downstream derivatives market has also risen, especially from polyethylene market demand. However, Japan's demand has declined. Similarly, the price of p-xylene in Asia recovered last week's losses. According to the strength of ethylene and the low price of the previous week, the price of Asian MEG market rose, and prices recovered several weeks ago. The price of para xylene increased slowly in a small area, which provided effective cost support for PTA market in Asia. Prices have increased slightly.

Asia's polyester chip market is deadlocked because of a drop in demand from China and limited cost support from upstream. There has been a mixed trend in polyester Market in Asia. The price of filament yarn has decreased and the price of polyester staple fiber (PSF) has increased. The price of PFY in China is weak, while the Karachi market in Pakistan has reported a rise in the price of DTY. Prices in Malaysia, Indonesia and India reversed the decline in previous weeks. The Asian polyester staple market has a stable mood, rising prices in China, and price swings in Taiwan / Korea, India and Pakistan.