Short Fiber Raw Material Callback Pure Polyester Yarn Stable And Rising

Spot market: according to the monitoring of the business agency, in the near future, the price of pure polyester yarn in the market has risen steadily. As of July 20, the price of 32S pure polyester yarn in Shandong area is about 14575 yuan / ton, which is about 140 yuan / ton higher than last week, or nearly 1%; Cotton continued to rise, driving polyester cotton yarn part to rise. This week, pure polyester yarn market sales to the good, polyester yarn factory raw material inventory 23.1 days, after bargain replenishment, inventory rebounded; The start-up rate was 73%, which remained stable for the time being. The order of the yarn mill was better. The yarn inventory was 12.1 days, and the stock fell back.

Upstream polyester staple fiber: in terms of futures, polyester raw materials were affected by crude oil, and staple fiber also weakened. On July 20, the contract period price of polyester staple fiber 2109 closed at 7098 yuan, down 1.96% compared with the previous trading day; In the spot market, staple fiber futures prices went down, production and sales were poor, and the market was cold. Most of the sales in Jiangsu and Zhejiang regions were weak, while the production and sales in Fujian were slightly smooth, with an average of around 85%. Jiangsu and Zhejiang half light 1.4d mainstream is 7050-7150 yuan / ton, Fujian is 7100-7150 yuan / ton, Shandong and Hebei mainstream is 7100-7150 yuan / ton. Jingwei, Gaoxin, Yida and other shutdown devices are approaching the planned restart time, and the start-up load of staple fiber units is expected to continue to rise.

Downstream demand: the recent textile market has not been weak in the off-season scene, market participants have high expectations for the textile market in the second half of the year, and some textile people still have stock up operations. This year's clothing demand is gradually recovering, and the demand in the second half of the year may be better. Due to the local small increase in downstream demand, the market trend is partial smooth, the fabric spot transaction in autumn has increased, and the fabric batch trial order in early winter has a small increase, so there is still a lot of room for expansion in domestic and international markets.

Suggestion: continue to pay attention to the impact of upstream raw materials and downstream order demand.