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[What happened to the polyester staple fiber market during the Golden Nine and Silver 10?]
Release date:[2019/8/28] Read a total of[622]time

In mid-August, under the guidance of the US plan to postpone or cancel some product tariffs, the polyester staple fiber opened up a wave of concentration, and the production and sales rate of many enterprises reached more than 500%.


But at the moment, the polyester staple fiber market seems to be as calm as water, and what is the polyester staple fiber market? Will prices continue to rise?


There is no obvious benefit at the cost end.


At present, the PTA social inventory is estimated to be around 1.4 million tons, which is affected by the parking and maintenance of the installation. In August, the overall maintenance of the PKU is small. However, according to the maintenance situation of the factory at this stage, the load of the equipment in the short-term is still high, and the stock of raw materials in the polyester factory is slightly higher at this stage. Therefore, the PTA has the risk of accumulating the warehouse, and whether it can be greeted by the “Golden September and Silver 10” It will be an unknown number to come up.


In terms of MEG, in the case of a decrease in domestic supply, port inventories fell significantly, and demand for downstream polyester ends increased slowly. With multiple benefits, the MEG market price may be warmer at around RMB 4,500/ton. Therefore, in general, the raw material end has no obvious benefit for polyester staple fiber.


No relevant signs of improvement on the demand side


At present, the polyester staple fiber enterprise shipments are light, and the factory has certain shipping pressure. Mainly because there is no clear and favorable appearance in the terminal textile and apparel industry. The delay in the increase of tariffs accounted for a small number of the overall textile and apparel category exports, the industry has insufficient confidence in the autumn and winter orders, until now there is still no clear start signal.


In addition to pure polyester yarns, the main market in Fujian, Jiangsu and Zhejiang regions, cotton, polyester, polyester yarns and polyester yarns have been in stock for more than 20 days, the new single transaction has no signs of improvement, the industry is still in a hollow state.


How to take the polyester staple fiber market in the short term?


From the raw material side, although the market lacks new favorable guidance, the current PTA processing difference is maintained at around 1000 yuan/ton, which is relatively reasonable, while the downstream polyester starts to gradually recover, and there are new devices put into operation, and the demand side support is acceptable. The market is relatively resistant to decline; and after the centralized stocking last week, the current polyester staple fiber enterprises are mostly inventories or in a state of arrears, and the cash flow is low, so it is expected that there will be no downside risks in the short-term market.


However, the market overdraft is obvious. If there is no other positive boost in the short-term, the downstream replenishment efforts are expected to be limited, and the processing side may return to the sideways trend.


Hai'an County Qinfeng Chemical Fiber Co., Ltd. is a company specializing in the production, research and development and sales of polypropylene staple fiber, polyester staple fiber, Functional polypropylene staple fiber and PP staple fiber. It is based on innovation and sets a good example for the industry. Its main specifications are 1.5D to 200D and the length is 5-150mm. The products are available in a wide range of colors and support color to map or sample customization. Qinfeng will always adhere to the business philosophy of “pursuing excellence and creating brilliance”. We sincerely look forward to your call!


For more product information, please contact: Mr. Qian 13962787918, 13813743991 Website: http://www.glory-fiber.com/