According to the price monitoring of business agency, the price of pure polyester yarn market is basically stable. On June 25, the spot price of 32S polyester yarn in Shandong Province was stable compared with that of last week. The average price of 32S polyester yarn in Shandong market was about 14100 yuan / ton, which was the same as last week. Although the price of polyester staple fiber materials has risen month on month, the overall market of pure polyester yarn has always been mainly on the lookout, mainly due to the poor sales, insufficient basic power of price, and difficult to shake the market mentality.
2、 Factors affecting prices
From the upstream fundamentals, EIA crude oil inventory has dropped again, and oil distribution has risen to $75 for the first time in more than two and a half years, while Luntong Sanyang has reached the largest increase in nearly a month; The euro zone’s comprehensive PMI in June reached a 15-year high; The U.S. set a record PMI in June for Markit manufacturing, and services were less than expected. PTA + 75 yuan, MEG + 77 yuan, polymerization cost is 5822 yuan, polyester short production and marketing is still available, average is near to make flat. Jiangsu and Zhejiang 1.4d × The central price of 38mm direct spinning polyester staple fiber is 6775-6800 yuan / ton, and the ring ratio is increased by 25-50 yuan / ton.
According to customs data, from January to may 2021, the total export volume of textile and clothing in China was US $112692 million, an increase of 15.03% year-on-year. Since mid May, overseas orders have gradually recovered. According to the downstream enterprises, although the export order situation has improved, the prospect is not clear. Due to the demand for overseas export orders is not as expected, domestic demand has been slowly rising and domestic demand is limited, Price is only supported by cost side, and there is no other positive upward action force, and business expectations are generally relatively low.
Summer comes, facing the traditional off-season textile, according to some downstream businesses, this week 32S polyester yarn spot price rise and fall, due to the support of the raw material end, some businesses still choose to stable price delivery. At present, the downstream demand is increasing locally, and the market trend is smooth. In autumn, the spot trade of fabrics increased month on month, while the bulk test sheets of fabrics in the early winter increased slightly, and the overall market transaction will show a small upward trend.
3、 Post market forecast
At present, the overseas situation is not clear, the foreign trade order is difficult to continue, the summer off-season, the release of domestic demand is slightly insufficient. In the face of the rising of raw materials such as PTA and glycol upstream, it is difficult for yarn price to rise in the short term. It is expected that the price will maintain a stable situation in the short term.
| Thiourea |