Shengze Jiaxing Market: Polyester Center Of Gravity Moves Downward

This week (9-15 March), though downstream

The start-up rate has improved, but due to the lower raw material prices and the weakening of polyester cost support, the polyester market is in a weak running state, and the purchasing intention of the downstream market is hidden. There is little volume trading in the polyester market, and the volume is in a medium state of weakness. Compared with last week, the volume of the polyester market has decreased somewhat. The polyester spinning mill's Polyester sales pressure has been increasing, and the polyester market quotation has fallen down.

POY market performance is fatigue finishing, some varieties.

Slipping.

The weak raw material market of upstream polyester raw materials is the root cause of the sluggish purchasing of the bomb companies.

This week, the POY production and sales rate is more than 6 to 7 level, enterprise inventory has increased, POY50D/72F, 75D/72F, 144F, 100D/192F, 150D/288F products downstream purchasing bomb enterprises have purchasing power, the main enterprise POY latest offer POY75/72F price 8100 yuan / ton, POY150/48F 7300 yuan.

Now POY inventory enterprises are different. It is expected that next week the POY market will still be in a weak adjustment situation.

The market atmosphere is not good, the purchasing enthusiasm of downstream weaving is not enough, and the raw material market is weak.

DTY market quotation even if we can keep the price unchanged, the focus of the paction is also slightly downward. The DTY production and sales rate is basically unchanged compared with last week, and there is no increase in inventory.

The main DTY enterprises are still quoted mainly in Ping Bao, and the center of paction is maintained. The 75D/72F micro network is 11500 yuan / ton, 150D/48F low elastic wire is 9000 yuan / ton, and the 150D/144F network wire is 9400 yuan / ton.

DTY network silk 75D/144F warp knitting still sells, DTY black silk 75D downstream demand is still available, mainly used in jacquard black silk series of raw materials; DTY silk conventional varieties 150D/48F by weaving raw material application structure changes, sales have been slightly enlarged, mainly for spray weaving Hua Dane, spring and autumn Ding fabrics.

FDY market entered a weak shock, the market FDY crude Dan quotation decline, the market atmosphere is slightly better than polyester POY and DTY, the market preferential measures generally exist, polyester factory psychology is still increasing the volume of shipments, the enterprise production and sales rate has slipped compared to last week, although polyester factory stock increased slightly, but the enterprise stock pressure is not big.

The main enterprise FDY50D/24F quoted 8900 yuan / ton, FDY75D/36F quoted price 8400 yuan / ton, FDY150D/96F quoted price 7300-7400 yuan / ton.

Semi dull FDY20D/12F and 24F are currently on the polyester market.

Semi dull FDY68D/24F, 75D/36F silk downstream warp knitting enterprise procurement weakened, FDY54D market ample supply, price trend appears weak.

FDY50D/72F F, 66D/48F, 75D/72F, 144F and other multi F products can be sold in a small range.

Big bright FDY silk 50D/24F, 75D/36F sales began to appear general.

And big bright FDY50D/36F (satin only) sales are relatively better.

From the upstream and downstream market analysis: at present, the upstream raw material market shows weak shocks, and the downstream market has yet to show signs of obvious sales. Although the comprehensive weaving rate has gradually returned to normal, it is currently around 75%, but some of the weaving factories have a large amount of preparation before the year, plus the peak of loan repayment at the end of the first quarter. Whether spinning mills or weaving factories are more or less under financial pressure, there is a lack of support from the upper and lower reaches of the market.