Polyester prices fell, the market outlook is expected to stop falling

During the weekend, the domestic polyester yarn market conditions are basically in the weak market adjustment. The production and sales of polyester yarn products by local manufacturers are not satisfactory, and they are estimated to be around 50-70%. Individual spinning plants are even lower.

In terms of price, polyester spinning is mainly based on the barely stable quotation, but the actual transaction has the phenomenon of preferential shipping. It is understood that the wait-and-see atmosphere was still relatively strong after the price drop of polyester filaments a few days ago. The trend of the varieties still appeared to be fragmented and the trading volume did not improve.

From the current analysis of market conditions, although the upstream raw material cost support, but the vast majority of the consumption of the purchase of the previous period, the entire polyester filament market is a bearish atmosphere. It is expected that there will be a greater probability that the Polyester market will adjust steadily and weakly in the afternoon market. After the tumble in the previous stage, the falling space will become smaller and smaller.

In the East China market, the prices of polyester filaments continued to decline, and DTY, FDY and POY products were all involved, but the margin was modest, and the overall market price impact was weak. Polyester filament FDY prices go down, Xiaoshan, a mainstream manufacturers individually down 100 yuan / ton, Xiaoshan, a factory general drop 100 yuan / ton, Wujiang, a plant general drop 100 yuan / ton, the current FDY150D/96F offer 12,150 yuan / ton; polyester Filament POY products have also gone down, Xiaoshan mainstream manufacturers purchase price cut 100 yuan / ton, the other stable, the current price of POLY150D/48F 11,750 yuan / ton; polyester filament DTY market slightly lower, Xiaoshan, a mainstream manufacturers individual down 100 yuan / ton, DTY150D/48F offer 13,100 yuan / ton. The manufacturers reflected the atmosphere in early morning.

At present, downstream manufacturers have purchased stocks after a period of time, stocks have been added, wait-and-see sentiment once again occupied the mentality of manufacturers, polyester filament manufacturers are difficult to ship, stocks continue to backlog, but a large number of manufacturers on the market began to reduce production, so it is expected that polyester long Silk will remain weak and weak in the short term, but market prices will not fall sharply.

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