Polyester prices continue to decline

Polyester market: During the past week, the market conditions of polyester filaments have been sluggish, prices have continued to decline, and the transaction volume is still light. The average price drop of most conventional varieties has reached 200-400 yuan/T, of which POY150D/144F has 400 yuan/T decline. Deep, ranked first in all polyester varieties. Especially during the weekend, the trend was too high. Some "brands" of polyester filaments were originally higher than similar products, but they had to lose market share in the weak market and forced them to close to the market. Center transaction price.

FDY wire sales this week were slightly better, and the offer price was still lower. The sales of conventional products FDY68D/24F and 75D/36F are weak on the market; however, sales of 68D/48F, 75D/72F and 144F are available, of which 75D/72F are sold in Shengze market, and the current price is 12,000 yuan/T. About, mainly for the production of silk fabrics. In addition, half-light FDY20D/24F, 30D/24F are relatively dynamic in the market. FDY extinction silk denier series products, of which, 75D is not only a demand for jet weaving, but also on the amount of air change also increased. In addition, Daguanggguang Co., Ltd. sells flat dens, which is mainly due to the slowdown of downstream purchasing power. However, there is a large amount of light denier 50D/36F yarn used for the production of satin fabrics.

This week's DTY market is steady and weak. Affected by the downtrend of POY products, the manufacturers of the bombs have downward movements. DTY75D/144F, 150D/288F products also have certain sales. In the DTY75D/36F market, the transaction volume was awkward. The sales of DTY fully extinction products are satisfactory. The price of DTY fully extinct 50D/72F products is around 19,000 yuan/ton.

This week, the POY market fell significantly. Under the influence of lower costs, polyester factories have reduced prices and increased sales. POY150D/48F quoted at 10700-10900 yuan / ton. POY products 75D/36F, 100D/144F, 150D/288F and other downstream reinforcements are still in demand; while the demand for other POY yarns and netting POY products is still small, and the transaction volume seems to be inadequate.

Analysis from the current market conditions: Although downstream weaving and shotcreting have steadily increased, the raw materials in the upstream have continued to explore. The current situation of production and sales of polyester fiber spinning plants is uneven, and the polyester stocks of polyester factories in various regions are in stock. Generally higher, more cautious downstream procurement. Most people believe that there will be a slight downward trend in the prices of polyester filaments in the short term, but the rate of decline will slow down next week, and there will be periodical purchases at the end of the month.

Yarn market: In the past week, the cotton yarn market was in a situation of “stable and stable price” consolidation, the 21s and 32s markets of cotton yarn were able to sell, and the sales of cotton/spandex yarns (21S+40D) and (32s+40D) were omitted. Actively used for air-jet looms to produce stretch cotton fabrics. The prices of polyester-cotton yarns and polyester-cotton yarns all fell by RMB 100-200/t during the week. The price of pure polyester yarn continues to fall. The prices of various specifications 20s-55s generally fell by RMB 200-300/t in the previous week, and sales of pure polyester yarn 45s were still satisfactory. The price of human cotton yarn products continued to decline, and the trade of human cotton yarn 10s was slightly enlarged. Viscose staple fibers all fell, the price fell to 10,300 yuan / T, 14,200 yuan / ton. It is expected that there will be a weak adjustment trend for yarn products next week.