When Kim Gu Arrives, Can Polyester Staple Go Up In The Wind?

In the middle of last month, the polyester market has experienced several ups and downs, which makes people see clouds and mist. What opportunities will there be for the polyester staple market with the coming of September?

No signs of improvement in demand side

At present, the production of polyester staple fiber is light, and there is a certain pressure on the factory. The main reason is that there is no clear benefit in the end of the textile and apparel industry. The delayed addition of tariff varieties accounts for a small proportion of the export volume of the overall textile and clothing categories, and has little confidence in orders for autumn and winter. Until now, there is still no clear starting signal.

In addition to pure polyester yarn, the main market in Fujian, Jiangsu and Zhejiang provinces, cotton, polyester cotton, polyester viscose yarn inventory has been more than 20 days, the new single transaction no signs of improvement, still holding an empty mentality.

The supply of raw materials has been booster.

PTA market stalemate in the near future, the supply side of the latter part of the large device repair and maintenance expectations, but time has not yet been determined, in September, PTA supply side, Jialong petrochemical, Yizheng chemical fiber is facing the restart, and the new device is put into operation, the supply side more comfortable.

Glycol: part of the maintenance device restarted, and next week's pre arrival at 162 thousand tons, the supply side has incremental expectations. The contradiction between supply and demand of short-term ethylene glycol is not sharp, and domestic ethylene glycol is expected to maintain a shock pattern. So in short, the raw material ends are vulnerable to short fiber support.

How to make polyester Market in the short term?

At present, the loom rate is rising and the market is supported by just needs. With the arrival of the "golden nine silver ten" traditional peak season, the downstream terminals will purchase a large quantity of raw materials for the autumn and winter orders, and the demand will be improved.

International crude oil futures rose sharply, and PTA and ethylene glycol futures were surged and surged. The polyester staple market will follow the narrow range of raw materials. However, due to the lack of other positive improvements, doubts remain about the sustainability of the market. It is expected that suppliers will still be homebound, and the actual gains will be limited. (source: Business Association, long Zhong information)