|Polyester short fiber rises again|
|In the case of rising cotton prices, this week, polyester staple fiber once again set off an upward offensive. Up to now, East China polyester staple fiber semi light 1.4D*38mm mainstream turnover price 13200-13300 yuan / ton, near the cash factory. Shandong Hebei private enterprises producing polyester short 1.4D*38mm mainstream negotiations in 13500-13600 yuan / ton to.
Analysis of the current round of polyester staple prices rise again, we can from the following aspects of analysis:
The first and most important reason is the "Crazy" cotton, consider whether to purchase the occasion for high cotton weaving factory is still in the downstream, cotton city has quietly entered the thirty thousand era. And because of this year's cotton production, low quality and other reasons, cotton prices may be recorded in the history of the highest oscillation finishing.
As the most direct substitute for cotton, the market attention of polyester staple fiber has been raised, and the situation of "volume and price Qi rise" has appeared since the market demand for rigidity has been enlarged. Normally, the difference between cotton and its main substitute, polyester staple fiber, is about 20%. If the price of cotton was 20% higher than the price of polyester fiber, part of cotton market demand will turn to polyester staple; if the price of cotton than the high price of 10% polyester staple fiber, part of the ferry market demand will turn to cotton. At present, the spread between the two is still larger, so polyester upside still.
Followed by high material support and downstream yarn Market strong. At present, p-xylene market supply, the market is still showing a rising trend; the PTA manufacturer of accident more contracts to supply limited, recently there are still some unitoperahon unstable; supply and demand and good financial environment will continue to support the PTA stock market hit a record high, external disk strong pull up, polyester cotton yarn price continues to rise in the high cost however, the market volume, trading in general. Pure polyester yarn market steady upward trend, sales fair. Although the downstream yarn profit margins have been suppressed, but the overall market is still good.
Again, polyester staple fiber in recent years, its capacity expansion is not much. At present, although the manufacturers basically at full capacity, some enterprises pre production has resumed production, but the market supply is still tight, manufacturers or inventory low or no inventory status. In addition to the downstream do not buy or buy up mentality, further exacerbating the staple market prices again rise, the market fiery atmosphere, industry insiders optimistic, traders and shippers cover goods sell, market price gone".
To sum up, we believe that the recent strong trend of polyester staple fiber continued, and in the supply and demand relationship has no obvious change, the market is still optimistic about the follow-up, pay close attention to cotton prices and raw material market trend.
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