The attack on Saudi Arabia has been ups and downs. The domestic energy and chemical industry has experienced ups and downs. The polyester market has also experienced a thrilling week following the oil price, and directly led to the advancement of the polyester staple fiber market. But when all the dust settles, the market Beginning to re-examine the fundamental news, the polyester staple fiber market is also facing the risk of retreat.

The performance of polyester raw materials is quite obvious. PTA has fallen back to the price before the Mid-Autumn Festival, but the polyester varieties are relatively flat, especially the filaments and sliced products are more resistant.

Due to the fact that PTA first fell back to its original shape, its processing fee also narrowed significantly. A large factory announced that it will overhaul its 2.2 million tons/year device after the National Day. The supply pressure in the industry may be slightly eased in the near future, and the subsequent price may be relatively resistant. The temporary supply of ethylene glycol is slightly tight, and the market is more resilient. Although the cost side has not changed much, but the polyester products are more resistant to decline this week, resulting in a generally high level of profitability in the industry, but due to the obvious market overdraft, the market will still face some downward pressure next week.

From the perspective of the polyester staple fiber market, the Saudi incident prompted the downstream to prepare the goods in advance. It is understood that there is a round of stocking in the downstream every week since September, especially since the downstream replenishment was stronger at the beginning of this week. By mid-October, it also stated that the replenishment efforts before the National Day will be greatly reduced. Demand support is weak, and the current factory cash flow is more than 400-500 yuan / ton. If there are no other emergencies, the market will face a certain downward space next week, but due to the current lack of enterprise inventory, and taking into account the signs of easing of trade relations And the instability of geopolitical risks will help to influence the oil price and other factors, so the space for this round of adjustment may be around 200 yuan / ton.

After the National Day, if there is no big replenishment before the National Day, then in mid-October, it will happen to the replenishment time of the downstream enterprises, and then supervised the overhaul of the PTA factory. It is expected that the price of polyester staple fiber will not be too large in October. Decline. Of course, the market needs to be alert to the uncertainty of the market by a series of unexpected factors.

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!