WTI /Brent ( 26TH SEP.,2022- 10TH OCT.,2022)
PX( 26TH SEP.,2022- 10TH OCT.,2022)
PTA( 26TH SEP.,2022- 10TH OCT.,2022)
MEG( 26TH SEP.,2022- 10TH OCT.,2022)
1.Polyester filament
The Crude oil continuously soared during national holiday, the short-term polyester cost rose significantly and the overall sales picked up.
One production side, factories increased 50-100yuan/ton for two consecutive days. The prices of products mainly follow cost to rise in the short run. For long-term, need to pay attention to the price of crude oil, polyester cost and terminal demand.
2.PSF
Due to the cost went up, the PSF price has increased for four consecutive days and partial factories increased again this morning. As for downstream, they mainly keep rigid-purchases or stock up moderately. So it’s suggested that you can procure as per your firm demand or keep reasonable inventory to avoid any risks.
3.VSF
There are partial VSF factories increased price yesterday and the transaction is mainly based on negotiation. But it is said that some mainstream factories are willing to rise price in the next few days. So it’s recommended that you can purchase as per your firm order or keep reasonable inventory to avoid any risks.
4.Spandex
Driven by rising cost and increasing demand, the spandex prices increased by 2000yuan/ton after holiday and even higher for some popular lot number. The market prices have obviously moved up. It is suggested that you can purchase according to the order.
5.Nylon
The pure benzene surged a lot compared pre-holiday price and CPL price followed to rise. Normal spinning chips increased sharply and High-speed spinning chips rise slightly. For downstream market, it keeps stable for the time being. It’s also suggested that you can purchase as per order.