Polyester staple fiber futures shock, pure polyester yarn sales weak

Spot market: according to the monitoring of the business community, recently, the quotation of pure polyester yarn market has been stable and falling, and some of it has been falling. In Shandong, 32S pure polyester yarn was reported at about 14100.00 yuan / ton, the sales of pure polyester yarn has weakened, some preferential policies have been increased, polyester cotton yarn has been temporarily stable, the inventory is normal, and some of them are in short supply.

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Upstream polyester staple fiber: in the near future, the direct spinning polyester short futures fluctuated, and the spot remained horizontal finishing. The main focus of semi smooth 1.4d trading was 6600-6750 yuan / ton, leaving the factory or short delivery, and the futures and cash basis was maintained. The downstream just needed to purchase. Most of the factory transactions were just needed today, and some of the higher production and sales were 200-500%. Jiangsu and Zhejiang half light 1.4d mainstream 6600-6750 yuan / ton, Fujian half light 1.4d mainstream 6700-6750 around, Shandong, Hebei mainstream 6650-6750 around.

In terms of downstream demand: the grey cloth market has been pushed up on a month on month basis, and the price index has risen slightly. Recently, the marketing has been pushed up on a month on month basis, and the orders of grey cloth manufacturers have increased on a month on month basis, and the grey cloth price has risen slightly. But the overall market of grey cloth end is still insufficient, some orders have increased, and the overall delivery is general. Recently, the sales of clothing fabrics in the fabric market of China Textile City fell down on a month on month basis, while the transaction volume in the mass fabric market fell on a month on month basis, and the price volume fell slightly. In spring, the spot turnover of fabrics decreased significantly, while in summer, some fabric orders were insufficient, and the price dropped slightly.

Suggestions: due to PTA supply reduction, the cost side has certain support. In terms of demand, there is replenishment in the early stage, and there are generally more raw material reserves. In the short term, it is expected that the overall market will fluctuate and fall slightly. Due to the high price of raw materials this year and the poor reception of new orders in the downstream, the demand in the downstream will be partially insufficient, the market trend will be flat, and the enthusiasm for fabric subscription will decline; In addition, due to the partial reduction of orders from some traders and weaving manufacturers, the supply of fabrics in summer is insufficient, the spot transaction and order delivery shrink month on month, the partial batch orders of fabrics in summer drop slightly, the order delivery of autumn fabrics is relatively limited, the operating rate of weaving enterprises is insufficient, and the production and sales of printing and dyeing enterprises are relatively limited. It is expected that the enthusiasm of public product subscription will drop slightly on a month on month basis, and the overall market transaction will show a small drop trend.

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