Low Willingness Of Downstream Replenishment -- Daily Chemical Fiber Market Express (8.10)

　　 Raw material Market

1. On August 7, New York crude oil September futures fell $0.73 to 41.22 yuan / barrel; Brent October futures fell $0.69 to settle 44. 4 yuan / barrel.

2. On August 7, Japanese naphtha maintained 391.88 US dollars / ton.

3. On Friday, Asia's PX rose $1.16 to $544.33/t CFR Taiwan / Mainland China and US $526.33/t FOB US Gulf. In September / October, the margin of futures premium increased by US $1 to US $20 / T.

4. In the afternoon, PTA's performance was still strong, and the spot delivery in mid and late August was 09 contract 25, bid discount 30, negotiation transaction discount 25, warehouse receipt discount 20; because today is a Singapore Festival, PX floor trading was closed, PTA external supplier's one-day tour quotation remained at 460, ship's intention to talk about 440.

MEG futures were weak in the afternoon. The spot discount 09 contract is around 40-50, the spot offer is around 3700, the bid is around 3695, and the next week's cargo is around 3720; in the afternoon, Meg's external market is quiet, and the recent shipping offer is around 450 and the bid is around 440-445, so there is still not much discussion.

6. A set of 360000 ton MEG plant in Taiwan has been restarted, and it failed to stop on August 3. Another 360000 ton MEG unit is expected to restart by the end of this week.

7. It is reported that a 1.4 million ton PTA plant in East China will be shut down for maintenance as planned today and is expected to restart on August 14.

8. Yisheng Petrochemical Co., Ltd. on August 10, IPA main ports (Qingdao, Dalian, Dongguan, Ningbo) raised the cash price by 4980 yuan / ton, and the US dollar quotation was 595 US dollars / ton.

9. The selling price of PTA on August 10 was maintained at 460 USD / T.

10. Ethylene glycol of Huaxi Village commodity exchange closed at 3830 points in 2010, with 35556 transactions, and the position increased by 2176 hands to 48072 hands.

9. Compared with last Friday, PTA inner disk: 3645 (+ 30), MEG inner disk: 3708 (- 12), polyester cost: 4359 (+ 22).

Downstream dynamics

1. The trend of PTA futures is strong today. The quotation of polyester factories in Zhejiang market is stable as a whole, and some factories have increased slightly. Downstream textile enterprises pursue rising enthusiasm is not high, just need replenishment. At present, the center of gravity of polyester is low, and the factory is willing to increase the price. It is expected that some popular varieties will increase slightly in the short term. At present, the main quotation of POY 100D / 36F is 5250-5350 yuan / ton, that of FDY 75D / 36F is 6050-6150 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

2. Today, the transaction of polyester in Jiangsu and Zhejiang is weak, with some POY production and sales at 40%, 50%, 30%, 70% and 50%; some FDY production and sales are 55%, 30%, 80%, 20% and 90%; and some DTY are 100%, 50%, 80%, 90% and 70%.

We don't need to pay for the small and medium-sized goods in the market.

4. This morning, most of the quotations of Jiangsu and Zhejiang polyester staple fiber manufacturers remained stable and mainly discussed shipment. The mainstream quotation of 1.4d was about 5500-5700 yuan / ton, and the actual price was about 5400-5550 yuan / ton.

5. The market of polyester staple fiber in Shandong and Hebei remained stable, and the actual order was negotiated for shipment, and the semi gloss 1.4d negotiation or around 5450-5600 yuan / ton.

6. The quotation of Fujian polyester staple fiber manufacturers remained stable, and the actual order was mainly discussed for shipment. The 1.4d quotation was delivered at 5700 yuan / ton in short distance, and the actual order was negotiated or 5450-5550 yuan, one single negotiation.

The melting point of staple fiber is about 7500 tons. The price of staple fiber is about 7 500 yuan.

8. The price of pure polyester yarn in Shengze is weak. The mainstream price of t32s is about 9200-9300 yuan / ton, and that of t50s is about 11000-11200 yuan / ton. Today's polyester staple fiber trading atmosphere is relatively poor, most businesses have completed the purchase last week, the production and sales of today's manufacturers are generally low, with an average of about 40-50%, some of which are slightly higher, but they can not be leveled.