WTI/Brent (13^TH MAR.,2023- 27^TH MAR.,2023)

PX (13^TH MAR.,2023- 27^TH MAR.,2023)

PTA(13^TH MAR.,2023- 27^TH MAR.,2023)

MEG (13^TH MAR.,2023- 27^TH MAR.,2023)

1. Polyester filament 

The Crude oil have up and down for a period, while the polyester raw materials cost maintain strong trend, which sends polyester products price higher.

On production side, the raw material performed strong, most factories increased prices and even increased again on Saturday, so the production and sales was not bad recently. In the meanwhile, factories have no heavy inventory pressure in the short run, and the production reduction will be augmented because of the loss expansion of product efficiency, so the prices will be kept in a relatively stable level or probably further rise. For long-term, need to pay attention to crude oil prices, the trend of polyester raw materials and the situation of terminal demand.

2. PSF

Driven by the rising raw material cost, most factories followed the cost to increase PSF spot price 50-100RMB/tons on Saturday. The market overall keeps rigid-purchase or hoards up moderately when the price stay in a acceptable range.

3. VSF

There is no big change on VSF market and the price stay in a relatively stable level. Factories still execute in-hand orders. The market also maintain rigid-purchase and transaction mainly based on negotiation.

4. Spandex

The spandex market performs general. The downstream keeps cautious, while sellers are willing to keep prices and still ship goods actively because they have sufficient in-hand orders, but the firm order can be negotiated. It’s recommended that you can purchase as per orders.

5.Nylon

   The Pure benzene has no big changes. The selling volume of CPL increased with a low price. For chips market, it still shows that the high speed spinning chips performs better than normal spinning.