According to the business community commodity market analysis system, this week (June 19-25) domestic polyester filament prices to maintain a small decline, as of June 25 in Jiangsu and Zhejiang mainstream polyester filament factory, polyester POY(150D/48F) quote at 7450-7800 yuan/ton, Polyester DTY(150D/48F low elastic) quote at 8800-9350 yuan/ton, polyester FDY(150D/96F) quote at 8000-8250 yuan/ton.
The downstream is in the traditional off-season, the demand performance is weak, at the end of the month, the polyester filament market just need to replenish the node, but the overall wait-and-see atmosphere is strong. Dragon Boat Festival holiday most users out of the market to see, polyester filament market trading light. Some weaving factories stop for several days during the Dragon Boat Festival holiday, and the weaving operating rate in Jiangsu and Zhejiang regions is near 60%. And July-August is often accompanied by a decline in the construction of weaving mills due to high temperature lack of work or power rationing, and demand will be further reduced.
However, recently, the large raw material PX plant has fallen, resulting in a fall in the on-load, PX supply has been tightened, and short-term prices may be stronger. In this boost, the domestic PTA spot market showed a volatile upward trend, as of June 25, the average price of the spot market in East China was 5690 yuan/ton, up 0.26% from the beginning of the week, which formed a certain support for the price of polyester filament.
Business analysts believe that although the current cost side has risen, but the downstream terminal demand is still weak, it is expected that the price of polyester filament will still be weak.
The overall wait-and-see atmos
