June PX ACP Advocacy Price Difference Big - Daily Chemical Fiber Market Bulletin (5.29)

　　 Raw material Market

On 1.5 June 28, New York crude oil futures rose 0.9 US dollars in July, tied 33.71 yuan / barrel, and Brent futures rose 0.55 US dollars in July, settling 35.29 yuan / barrel.

On 2.5 28, Japan's naphtha fell 14 US dollars to 293 US dollars per ton.

3. in the weak market situation, the Asian parylene market continued downward trend on Thursday, at 475.5 US dollars / ton CFR Taiwan / Mainland China and 457.5 US dollars / ton FOB Korea respectively, down 5.67 US dollars / ton compared with the previous trading day.

4. afternoon PTA futures weaken. The spot market in the first half of June, near the main port quotation, the 09 contract was 120 yuan, and the discount was 125-130 yuan up and down. Today, PX continues to weaken slightly. In July, the shipping quote fell to 475 US dollars / ton. In August, the shipment was delivered to US $465 / ton, and the PTA external supplier's one-day tour price was maintained at US $430 / ton.

5. afternoon MEG futures market stabilized, spot discount 09 contract 150 yuan, this week goods reported 3565 yuan / ton, delivery 3555 yuan / ton near, next week goods reported 3580 yuan / ton nearby. In the afternoon, the MEG external market maintained the finishing trend. In June, the shipping quote was near us $420 / ton, and it was delivered at US $415 / tonne, negotiating $415-420 / ton.

6. Yisheng Petrochemical Company's PTA US dollar selling price was stable at 430 US dollars / ton in May 29th.

7. the Japanese MEG set up a 115 thousand ton / year MEG plant, which is scheduled to be overhauled, and is expected to be overhauled for nearly 1-2 months.

8.6 month PX ACP initiates price negotiation progress: at present, the seller's offer is adjusted to $520-620 / ton, and the buyer's delivery is at $380-400 / ton (CFR Asia).

9. compared with yesterday, PTA's internal market rose 15 to 3500 yuan / ton, MEG's internal market rose 5 to 3573 yuan / ton, conversion polyester cost rose 15 to 4189 yuan / ton.

10. the Huaxi Village Mercantile Exchange, ethylene glycol 2007 closed at 3662; turnover of 31832 hands, holdings 1316 to 77330 hands.

Downstream dynamics

1. today, PTA futures are weak, and Zhejiang market polyester factories offer more stable prices. Promotional factory concessions have narrowed. Downstream textile enterprises continue to digest inventory, purchasing enthusiasm is not high, the market atmosphere is relatively cold. It is expected that the narrow center of polyester core will be used in the two-day weekend. At present, the mainstream of POY 100D/36F quotation is between 5600-5700 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6550-6700 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8600 yuan / ton.

2. today, Jiangsu and Zhejiang polyester trading is light, the mainstream factory production and sales are mostly at the 30-50% level, some of the better factories are around 70%, and individual low price promotion plants can reach 240%.

3. today, Jiangsu and Zhejiang semi light chip market is generally traded, heard that the mainstream orders in the vicinity of 4650-4750 yuan / ton (cash), local slightly slightly lower.

4. this morning, most of the staple fiber prices in Jiangsu and Zhejiang are stable, and shipping is the main factor. 1.4D's mainstream offer is around 5900-6100 yuan / ton, and it is a single negotiation or about 5650-5800 yuan / ton.

5. the market price of polyester staple fiber in Shandong and Hebei is slightly weaker, and the negotiation is mainly about shipping, and there is only a small talk between half 1.4D or 5800-5900 yuan / ton.

6. the market price of Fujian polyester staple fiber has remained stable and the trading atmosphere is relatively general. 1.4D offers 6100 yuan / ton short distance, solid negotiation or 5800-5900 yuan / ton.

7. recently, the price of low melting point polyester staple fiber is relatively stable. Some manufacturers offer 4D price of 7800 yuan / ton.

8. Shengze pure polyester yarn prices are relatively stable, T32S mainstream 9800-10000 yuan / ton, T50S mainstream in 11700-11900 yuan / ton.