Market Trend(06TH FEB.,2023- 21ST FEB.,2023)
WTI/Brent (06TH FEB.,2023- 21ST FEB.,2023)
PX (06TH FEB.,2023- 21ST FEB.,2023)
PTA (06TH FEB.,2023- 21ST FEB.,2023)
MEG (06TH FEB.,2023- 21ST FEB.,2023)
1. Polyester filament
The Crude oil increased, the polyester raw materials rebounded widely, which supports the short-term cost side.
On production side, the production and sales of polyester improved, reaching around 150%, then factories increased prices by 100-150rmb/kg this morning. Though the overall terminal demand is still limited, but their prices also follow Crude oil to change to some extent accordingly. So the polyester products prices tend to be fluctuated. For long-term, need to pay attention to the crude oil price, terminal demand and international situation.
2. PSF
The PSF market was not bad yesterday. Due to the futures of PSF went up and polyester raw materials rebounded yesterday, its spot transaction volume increased. Factories narrowed negotiating space and even increased by 50-100Rmb/kg. It is necessary to pay attention to the rising sustainability of raw materials, but it is still recommended that you can purchase as per your orders to avoid risks.
3. VSF
There is no much change on VSF market. The whole market mainly executes in-hand orders. But the new round of dissolving pulp price is fermenting, some mainstream factories are willing to rise prices. It is also suggested that you can purchase as per your firm order to avoid any risks.
4. Spandex
The Spandex behaves strong, because it is supported by the rising raw material, plus its inventory is at a low level, which makes the price maintain at a high level in the short term and probably will be rise further. It is also suggested that you can purchase as per your firm order to avoid any risks.
5.Nylon
The pure benzene keep range shocked, and the spot price of CPL decreased gradually. The transaction of High-speed spinning and Normal-speed spinning is general. Currently, the nylon prices relatively stay at a low level, there is no big change on the market, so the overall prices keep stable.
