Quotation Today: Polyester Short Market Quotation Down, Real Order Negotiation, Weak Discount
PTA, MEG, slice market
The PTA futures market is closed, and the spot is mainly wait-and-see. In the morning, in October, the supply of goods was offered sporadically, and the contract premium was 30 yuan/ton. The spot price was offered near 6000 yuan/ton, the bid price was 5600-5900 yuan/ton, and the spot price in the morning was 5880-5950 yuan/ton.
MEG was flat in the afternoon. The current supply offer was around 3940 yuan/ton, and the bid was around 3930-3935 yuan/ton. In the afternoon, MEG's external market was still light, and there was no substantial offer. It was mainly wait-and-see.
The turnover of Jiangsu and Zhejiang polyester chips is generally weak. It is said that there are orders in the half light to negotiate about 7000-7150 yuan/ton of cash, and some are slightly higher.
Polyester market
The quotation of Jiangsu and Zhejiang polyester staple fiber manufacturers has been partially lowered. The 1.4D mainstream quotation is about 7800-8050 yuan/ton, and the actual order negotiation discount is weak about 7500-7650 yuan/ton. The quotation of Hengyi polyester staple fiber remained stable. 1.4D Gaoxin, Yida, Hengming and Yijin offered 8050 yuan/ton cash for short distance delivery, and the actual order was negotiated. The quotation of polyester staple fiber of a large factory in Zhejiang Province is reduced by 150 yuan/ton, the quotation of 1.4D semi gloss is 7800 yuan/ton, and the price of spunlace is 7950 yuan/ton. The actual order is negotiated. Jiangyin Sanfangxiang polyester staple fiber quotation is stable, 1.4D semi gloss quotation is 7950 yuan/ton cash delivery, and actual order negotiation. Fujian polyester staple fiber manufacturer reduced the quotation by 100 yuan/ton, 1.4D quoted 7850 yuan/ton for short distance delivery, and negotiated the actual order. The trading atmosphere of Shandong and Hebei polyester staple fiber is light, and the price drops. The 1.4D semi optical mainstream is delivered at about 7600-7700 yuan/ton, and the actual order is negotiated.
Today, Jiangsu and Zhejiang polyester filament manufacturers are more stable, and some of them have discussed, but the overall production and sales are not good. It is expected that they will be mainly stable and wait and see in the near future. Today, the production and sales of polyester filament in Jiangsu and Zhejiang are slightly light, with the mainstream of 10-70%.
Downstream market
The price of pure polyester yarn is slightly weaker. The mainstream price of T32S in Xiaoshao market is about 11800-12000 yuan/ton, and the actual order is negotiated.
Industry trends
In September, the closing price of Yisheng Petrochemical PTA contract was 6245 yuan/ton (cash).
A 3.6 million ton PTA unit in East China was stopped for maintenance near October 3, and is expected to be restarted near October 9.
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