Price: According to data from Business News, the average price of 32S pure polyester yarn in Shandong on June 1 was 14,525 yuan/ton.
Market: Polyester staple fiber futures rose sharply yesterday, and continued to rise slightly in the night session. The polyester yarn market was unable to follow the increase. The operating rate of pure polyester yarn in the Jiangsu and Zhejiang markets declined. The downstream mainly maintained rigid demand purchases, and the company’s shipment psychology dominated. Negotiate transaction discounts. Today, the overall price trend of pure polyester yarn is on the warm side. The price of polyester yarn in Fujian has been raised. The price of pure polyester yarn in Hebei market has been raised individually. The price of polyester yarn in Jiangxi has been raised by 100-200. The sales volume of 45S in the market is good, and there are few transactions in other specifications. Jiangsu and Zhejiang The mainstream quotation of T32S in the market is around 12,800-13,000 yuan/ton, and the mainstream quotation of T50S is around 14,700-14,900 yuan/ton. Due to the slight increase in demand in the downstream clothing market, the overall market for gray cloth has rebounded slightly, market shipments have increased, manufacturers’ inventories have decreased, and profits have rebounded. The spot transactions and order shipments of chemical fiber gray fabrics rebounded, the price index showed an upward trend, and the transaction price and volume of polyester gray fabrics rebounded.
Raw materials: In today’s futures market, PTA fell by 96 yuan. The overall production and sales of polyester were still weak. Polyester staple fiber futures opened higher and moved lower. The basis price in the spot market was maintained, and production and sales fell back. This morning, the quotations of polyester staple fiber manufacturers in Jiangsu and Zhejiang have increased by about 100 yuan/ton, mainly due to negotiations on shipments; the price focus of the polyester staple fiber market in Shandong and Hebei has increased slightly, and the trading atmosphere has been average; the quotations of polyester staple fiber manufacturers in Fujian have increased by 100 yuan/ton. tons, short-distance delivery to the actual order for negotiation. Polyester staple fiber’s cost-end support remains strong. Individual factories have shut down and maintenance plans due to pipeline inspections in some areas of Fujian. The increase in supply is expected to weaken in June, but downstream demand is weak and difficult to significantly improve. The short fiber market is expected to follow the trend of raw materials in the near future.
Expected: Raw materials are consolidating at a high level, demand is weak and difficult to change, and the transaction situation is unable to improve. In the near future, the pure polyester yarn market is still dominated by shipments and destocking. If there are no major changes, the yarn price will maintain a consolidation pattern. </p
