SunSirs: The weak market continues, and the polyester yarn market is stable and weak

Price: according to the data of SunSirs, the average price of 32S polyester yarn in Shandong remained at 14475 RMB/ton on April 13.

Market situation: due to the interference of the epidemic and the low demand, the raw material inventory of the yarn factory fell to a low level. Driven by the sharp rise of polyester short futures yesterday, the market concentrated replenishment, and the average raw material inventory was less than 12 days. Polyester yarn prices are generally stable. The T32 market in Fujian is mainly focused on 12800-13000, and Jiangxi is slightly higher than 100-200. The overall trading is light, and the average inventory is 17.6 days. In Shandong Province, the closure was gradually released, and some yarn factories started to recover. Some yarn factories also reduced the start-up and slowed down the pressure of accumulated storage.

Raw materials: yesterday night, the polyester staple fiber futures market continued the rising trend during the day and continued to rise rapidly. Today, the quotations of direct spinning polyester staple fiber manufacturers all over the country have increased one after another, and the market is stable and strong. Among them, the short price of Hengyi Petrochemical direct spinning polyester increased by 100, Jiangsu Huahong direct spinning polyester short price increased by 100, Jiangsu Huaxi Village direct spinning polyester short price increased by 50, Fujian direct spinning polyester short price increased by 100, Jiangsu and Zhejiang direct spinning polyester short price increased by 50-100. At present, the staple fiber processing fee has increased to around 903 RMB/ton, and the processing profit has rebounded. Yesterday, the production and sales improved, and the overall production and sales was 28.71%. In the short term, the price of polyester raw materials fell, the cost support weakened, and the short-term price is expected to be weak and volatile.

It is expected that the epidemic will drag down consumption, the demand will not improve until the control is relaxed, the pure polyester yarn will maintain a depressed atmosphere, and the inventory will continue to rise.

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