Lead: In the fourth quarter, polyester staple fiber showed a weak shock trend. In early October, polyester staple fiber followed the raw material cost PTA and ethylene glycol all the way up, but due to limited downstream demand and raw material sluggishness, it entered a depressed state again in November. .

First of all, from the perspective of cost, the Brunei Hengyi device was put into production, the PX market was weak, and the cost end support was weak. With the recovery of the PTA factory maintenance device, the supply increased; while the downstream polyester demand turned weak, and the winter order did not Obviously better. Despite the staged positive signal on the supply side of the ethylene glycol market, the market and traders' confidence in the market outlook is still insufficient, and the weaker expectations of the downstream demand side polyester are still the key to the market. Therefore, in the case that the double raw materials are limited, the polyester staple fiber market is more likely to fall.

Secondly, from the demand side, the cost end support is limited, and the downstream market of polyester staple fiber is unsatisfactory.

For the time being, the average inventory of polyester staple fiber factories is around a week, coupled with the overcapacity of the supply of polyester staple fiber, the manufacturers have kept their orders in the short-term. Recently, the polyester yarn market has continued to dominate and the transaction has been flat and the price has been slippery. The market mentality is cautious, and the spinning mill's mentality is not diminished. The mainstream price of 32S in Jiangsu and Zhejiang is about 11,300 yuan / ton.

For the recent yarn market is still so weak, the main reason is that the upstream raw materials market is still weak, the atmosphere has been cautious, and the price is weak. Therefore, the yarn support point is not under the above, it is difficult to boost, and the purchase is not warm.

In summary, although the upstream raw materials are ups and downs, the crude oil market is strongly supported, and the PTA market is also a good driving force. In addition, Jiaxing Petrochemical and Yadong Petrochemical enter the overhaul as expected, Pengwei Petrochemical and Ningbo Taihua short stop. The PTA price will also be boosted. The downstream purchasers of polyester staple fiber will be replenished appropriately. However, due to the continued weak terminal orders, the downstream replenishment efforts are generally limited. Under the cost constraint, the price of polyester staple fiber may temporarily stabilize, but the medium and long-term line It is still difficult to be optimistic about the impact of supply pressure.

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 polypropylene short fiber main specifications 1.5D to 200D, length 5-150mm, product color is complete, a wide variety, support color to map or sample custom. Qinfeng will always adhere to the business philosophy of “pursuing excellence and creating brilliance”. We sincerely look forward to your call!