Production And Sale Of 700% Polyester Filament With The Rise In Oil Prices To Welcome "Kim Gu" The First Wave Of Price Increases.

In the evening of September 4th, the polyester raw material market unexpectedly came to a "strong heart" - a strong international oil price. Crude oil futures from the opening low of 53.8 to the closing high of 56.6, although the overall intraday growth is not particularly huge, but this continuous pull up, there is no callback trend, the two words of the most powerful interpretation.

In a spin around, oil prices have reached the consolidation level of last week. As of the closing date of 4, of which WTI crude oil futures in October rose 2.32 U.S. dollars, at 56.26 U.S. dollars / barrel, or 4.3%; Brent November crude oil futures rose 2.44 U.S. dollars, reported 60.70 U.S. dollars / barrel, or 4.19%.

The strong and bright performance of crude oil has finally caused a cascade of spray for the polyester industry chain which seems to be falling into silence recently.

Remember how long the polyester market has not seen such a stir? 5, early in the morning, textile people's circle of friends, all kinds of price rises have been coming.

Polyester filament as the backbone of the polyester industry chain, connecting the important link between the upstream and downstream markets, and finally ushered in the first wave of price increase in this "Kim Gu" market.

Concretely speaking

In the Jiangsu market, the quotation of mainstream POY manufacturers of Takura Ichi increased by 50-100 yuan / ton, and the price of POY of another manufacturer rose 100 yuan / ton; FDY of Wujiang factory rose 50 yuan / ton, and another mainstream factory rose 50-100 yuan / ton.

Zhejiang market, Tongxiang mainstream factory POY rose 100 yuan / ton, another factory POY, DTY rose 100 yuan / ton; Shaoxing factory FDY rose 50-100 yuan / ton; Xiaoshan factory POY rose 50 yuan / ton.

Looking forward to more than half a month, polyester production and marketing finally "exploded".

"As long as the price of polyester filament fluctuates, it will arouse the purchasing mood of downstream weaving manufacturers or traders, polyester production and marketing explosion table", when the law was broken, the downstream market gradually became indifferent. In particular, since August, polyester production and marketing of more than a hundred situation, the mainstream production and marketing of most of the time can only maintain in the vicinity of 5-8.

It has been more than half a month since the last wave of production and marketing. At last, under the catalysis of the crude oil pull-up, the warming of the downstream purchasing mood was stimulated, and the volume of polyester production and sales was obvious. On the 5 noon, the mainstream production and marketing of polyester had exceeded 100, and the market turnover atmosphere in the afternoon still had a strong recovery. As of three o'clock in the afternoon, the average production and sales rose to 250-260%. Some factories have reached 300%, 500% or even 700%.

PTA favorable factors superimposed, stimulating polyester market warming

As a matter of fact, the most direct response to international oil prices is the futures market. Therefore, on the 4 day of the night, PTA futures market strong rally, the main 2001 contract closed 1.91% higher on the day. 5, PTA futures continued to rise, the main 2001 contract ended at 5176 points, or 1.09%.

At the beginning of the month, the supply side Hengli announced the maintenance plan. Hengli Petrochemical is scheduled to overhaul the 2 million 200 thousand ton PTA production line No. 1 in mid 9, and the repair time will be 15 days. The overhaul of equipment and supply, coupled with the further positive stimulation of international oil prices, made the PTA spot market continue to rally. Of course, the market of polyester filament has been rebounded with the promotion of many advantages.

The long lost market not only boosted the confidence of the polyester filament market, but also promoted the expectation of the polyester industry chain. Although the market is changing rapidly, confidence can be boosted, rhythm is grasped and direction is confirmed. "Golden nine silver ten" can still be expected.