Shengze And Jiaxing Market Prices Will Continue To Fall
Yesterday, Shengze,
Jiaxing
Two markets, a mainstream factory, polyester POY75D/36F quoted 13 thousand and 800 yuan / ton; polyester DTY75D/36F quoted 16 thousand and 700 yuan / ton; polyester FDY 75D/36F quoted at 15 thousand and 400 yuan / ton.
Compared with the previous day, the offer fell by 200 to 300 yuan / ton.
Market trading volume is below medium level.
Because
Upstream raw materials
The support is always insufficient.
International oil prices fell slightly, PTA spot market declined, MEG also showed fatigue.
In the early days, the polyester filament increased greatly, and the profits of many products were considerable, while the downstream products had a very limited growth rate.
The main reason for the decline of polyester is the lower loom operating rate.
The recent electricity restriction policy for weaving enterprises is being implemented strictly.
For example, in the 50 days from August 11th to September 30th in Changxin area, textile related industries were first established according to the policy of deploying five stops per week two, and Haining, Tongxiang, Shaoxing and other places also had power rationing policies for the downstream SMEs.
The implementation of these power restriction measures seriously inhibited the downstream terminal's consumption of polyester.
Affected by the above, the whole
Polyester filament
The market wait-and-see atmosphere is thicker. Xia Ting, an analyst with dlsys.toocle.com, believes that the polyester market will also be in a weak state in the short term, and the price of polyester will still have a downward trend.
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