Since September, downstream texturing, weaving, printing and dyeing have stopped extensively and reduced the load. Demand has shrunk sharply. However, the quotations of polyester filaments have continued to rise recently. Why can companies rise against the trend?

Market summary

Trending:

1. The polyester factory in Ningbo area received a notice requesting the factory to reduce production by 50%. It will be implemented at 8:00 am on September 28, and the reduction must be completed at 12:00. At present, the polyester factories such as Ningbo Dawo and Quandi have all Lower the negative.

　　2, some areas of Xiaoshan have recently shut down power supply for 3 days.

Under dual control, the nylon industry is not immune

　　 1. Under the dual control policy of Hangzhou Qiantang New District, the operating rate of nylon raw materials-related enterprises will be subject to certain restrictions. It is understood that in the fourth quarter, Baling Hengyi CPL, Yichen and Jushun PA6 devices will all reduce power consumption. Taking into account factors such as power curtailment and market risks, it is initially estimated that Xianguan companies will reduce production by about 20%. The specific output reduction rate needs to be further confirmed.

　　2. 50% of the production capacity of Huading Nylon, the leading textile and chemical fiber company, temporarily suspended production.

Device dynamics

　　 1. The 190,000-ton polyester plant of Wujiang No. 1 Plant was shut down unexpectedly today. It is expected to be shut down until the end of next month. The plant will support the production of polyester filaments and chips.

　　2, Ningbo Taihua’s 1.2 million tons PTA plant is currently operating stably, and there is no short-term shutdown plan.

　　Under the influence of the electricity curtailment policy, the production of polyester filament devices such as Zhangjiagang Xinxin and Ningbo Dawo reduced production, and the industry start fell to 79.19%.

Comprehensive analysis:

　　 International oil prices have risen to the highest point in the past three years, and the cost of polymerization has continued to rise significantly. Yesterday, there were many downstream replenishment activities. The production and sales data of polyester filament yarns were significantly increased. With this support, prices will continue to rise sharply today. Pay attention to short-term raw material trends and changes in factory production and sales data.

Today's factory quotation

In the morning, the PTA East China domestic trade spot market sentiment was general, the sporadic buying of polyester factories was mostly hard demand, the trading among traders was mostly forward, the basis was weak and stable, and the high-priced selling intention of the ethylene glycol spot market increased slightly. The overall negotiating intention is acceptable, and the basis is strong.

　　 Prices continue to rise, production cuts continue, inventory is getting less and less, and the market continues to rise. The number of hoarders has increased sharply, and large orders have been issued frequently. Although supply and demand are weak, prices are still rising against the trend. Extreme market conditions have occurred. Everything seems possible!

Today the factory continues to rise

　　Tongxiang direction: polyester yarn from a major manufacturer in Tongxiang rose 100; polyester yarn from another major factory in Tongxiang rose by 100;

　　 Jiangsu direction: polyester yarn POY of a major factory in Taicang rose by 100; polyester yarn of a major factory in Jiangsu reported stability; POY of polyester yarn in a factory in Taicang rose by 200-250; Jiangsu 　　

　　Shengze, a major major manufacturer's polyester yarns rose 100-250; Wuxi's FDY part increased by 100; Jiangsu's first factory polyester yarns stabilized;

　　 Shaoxing direction: FDY of a major manufacturer in Shaoxing increased by 100; the price of polyester yarn in Shaoxing increased by 200; FDY of another major manufacturer in Shaoxing increased by 300; polyester yarn in a major manufacturer in Shaoxing increased by 100

Direction of Xiaoshan: polyester yarn from a major manufacturer in Xiaoshan rose by 50-100; polyester yarn from a major factory in Zhejiang rose; polyester yarn from a factory in Xiaoshan rose by 50; polyester yarn from another factory in Xiaoshan reported stability; polyester yarn from a factory in Xiaoshan rose by 100; Xiaoshan The DTY of polyester yarn of a major factory rose by 150;

　　Fujian direction: A large factory in Fujian has stabilized polyester yarn; a factory in Fujian has stabilized polyester yarn; and a factory in Fujian has stabilized polyester yarn.