Home >

January 28Th Morning Market Report: Polyester Staple Factory Low Inventory On Price Support

2019/1/28 15:56:00 15

Psf

               

  

Polyester staple fiber (1.21-1.25):

This week, straight spinning polyester staple prices rose first and then stabilized.

Crude oil prices rose last Friday, driving polyester costs PTA and ethylene glycol to rise. PTA was strong enough to reach a limit.

The cost side supporting effect is remarkable, and the price of PET staple fiber increases with the rising cost.

Global stock markets generally fell on Tuesday, and crude oil fell to drive raw materials down. However, due to the tight delivery and low inventory of polyester staple fiber factories, the price of polyester staple fiber has been supported, so the price of polyester staple fibers has remained stable after the first rally.

It is expected that short staple or stable finishing will be the main trend in the near future.

Prediction: the cost side supporting role is insufficient, under the pressure of storehouse there is a lack of further driving force.

Near the Spring Festival, the downstream of polyester staple will enter the finishing stage, and logistics will soon be closed. The atmosphere of trading is mainly light. However, the staple fiber staple factory's low stock will give the price of polyester staple fiber a certain support.

It is estimated that the price of polyester staple fiber will be mainly concentrated in the next week, or the price will be sorted in the vicinity of 8700-8900 yuan / ton.

  • Related reading

January 28Th Market Morning Post: Polyester Chip Short Line Showed A Narrow Trend Of Weak Shocks.

Today's quotation
|
2019/1/28 15:56:00
23

January 28Th Market Morning Post: Polyester Filament Price Rises Or Stabilizes After Market Or Weak Consolidation

Today's quotation
|
2019/1/28 15:56:00
28

January 28Th Market Morning Post: Price Of Grey Fabric

Today's quotation
|
2019/1/28 15:56:00
15

January 28Th Market Morning Post: Yarn Price Quotes

Today's quotation
|
2019/1/28 11:06:00
129

January 28Th Market Morning Post: Price Of Chemical Fiber Raw Materials

Today's quotation
|
2019/1/28 11:06:00
27
Read the next article

January 28Th Morning Market Report: At The End Of The Year, Polyester Viscose Yarn Shipped Light And Stable Prices.

Polyester viscose yarn (1.21-1.25): the price of raw viscose has dropped by a large margin, 12 months down 600 yuan / ton, giving the polyester viscose yarn high sales pressure.