Recently, (12-18 January), polyester prices on Monday are in a downward trend. Apart from the decline of polyester products in some polyester factories, most factory quotations remain stable.

On Tuesday, driven by the bottom of the bottom, the volume of trading increased, especially POY shipments.

The trend of polyester prices continued to decline on Wednesday, with a range of 100-300 yuan /T, especially for polyester coarse denier FDY factory, which lowered the factory price, such as the half light FDY150D/96F price of 6900 yuan /T.

On Thursday, driven by the rise of crude oil, the bottom line of the downstream weaving factories was broken through, and they entered the market to make up the bottom.

On Friday, thanks to the enlargement of polyester trading volume yesterday, the polyester market increased slightly, and the price of polyester varieties increased slightly.

Weekends

The supply of factories is tight, and the prices of individual factories are rising in a small range during the two-day weekend, while the vast majority of chemical fiber spinning factories offer stable prices, but the overall turnover of the two-day weekend has dropped compared with that of Friday.

From the product trend, polyester filament Market FDY general matting products sales in general; DTY silk 120D/192F, 150D/288F network silk market best-selling.

In the market, conventional products FDY63D and 75D products rebounded in the second half of the week; FDY class multi F market demand is better, for example, 75D/72F, 144F, 100D/72F, 75D/144F is mainly used for production of spray fabrics; and FDY68D48F is also smooth, mainly used for production of Hua Yao fabric.

The conventional semi dull polyester FDY filament has a general turnover.

As the sales of satin increased, the market of big gloss FDY50D/36F increased.

The FDY75D/36F market is not as good as expected.

Because

The demand is still acceptable, and the DTY75D/72F (net) market still remains active.

In the market, the POY silk 50D and 75D nets are used for poor weaving demand. In contrast, the sales of POY plus bombs are still good. Among them, POY75D/72F, 120D/192F, 150D/144F, 288F and other direct melt mills show a momentum of volume.

At present, the market participants are very concerned about the subsequent trend. From the upstream and downstream market analysis, at present, the price of polyester chips outside the contract area in Jiangsu and Zhejiang provinces is about 5950 yuan /T, and the upstream PTA and MEG raw materials prices are running in a concussion. The start-up rates of downstream weaving factories and bomb companies have all decreased, but they are hidden in the bottom of the stock market, which will play a positive role in stabilizing the market situation of polyester. Therefore, the author believes that in the short term, whether polyester spinning mills or market traders are going to operate in order to reduce shipments, the possibility of polyester prices rising across the whole range is still slim.