MARKET TREND WEEK 32- OIL PTA MEG PET PSF VSF

Market this week – W32

Summary: Oil closed down, PTA fell, MEG fluctuated, Polyester chip rose and fell, Polyester filament yarn promoted, PSF weakened, VSF stabilized.

 

1,Oil prices fluctuated and closed down this week. The rebound of the epidemic has offset the positive impact of the recovery in global demand. At the same time, Saudi Arabia, Kuwait and the United Arab Emirates increased their crude oil exports to a few-month high last month. The two major crude oil futures both plummeted on Monday, the biggest decline in a week. Due to the increase in Delta variant virus infection cases in many countries in the Asian region, causing market concerns, the two major crude oil futures prices continued to fluctuate on Tuesday. The two major crude oils continued to fall on Wednesday, as the recovery momentum of global air transportation fell for the second consecutive week, which to a certain extent confirmed the anxiety of the market. Oil prices both rebounded on Thursday.

 

2,PTA fell. As crude oil plummeted, PTA followed the downward trend. The enthusiasm for low-price purchases is better. From the perspective of supply and demand, equipment maintenance was concentrated in early August, and supply and demand remained de-stocked. However, due to the impact of the recent epidemic, some polyester factories fell slightly, the market mentality was suppressed, and crude oil prices weakened, and short-term fluctuations are expected to be weak.

 

3,MEG rushed higher and fell back. At the beginning of the week, MEG prices followed the downward trend of raw material prices. In the middle of the week, due to the ban on berthing in Zhangjiagang and the shutdown of Zhejiang Petrochemical’s atmospheric and vacuum equipment, traders are actively replenishing goods. In August, the MEG supply and demand pattern shifted to a small accumulation of warehouses, which was significantly affected by the delayed cargo warehousing at the end of July. Domestic coal-based MEG plants are gradually recovering, and the start of China’s coal-based production in August can rise to more than 50%. Starting from mid-August, spot replenishment from domestic sources and imports will be realized one after another. However, the recent temporary shutdown of overseas installations has significantly boosted market confidence. Some traders on the market are actively replenishing goods. It is expected that the MEG market will be strong.

 

4,Polyester chips rose and fell. At the beginning of the week, the chip price hit a new high, but the demand side was obviously weak, and high-level buying in the market was scarce. In the second half of the week, as crude oil continued to plummet and polyester raw materials fluctuated widely, the chip market was selling at low prices by some traders, and transaction prices gradually fell. Polyester raw materials tend to fluctuate at a high level, but the demand side follow-up momentum is obviously insufficient, and the chip processing fee continues to be low. It is expected that the short-term polyester chip price will maintain a fluctuating trend.

 

5,Polyester filament yarn in Jiangsu and Zhejiang promoted. At the beginning of the week, as raw materials fell, terminal operations weakened. On Wednesday afternoon, the polyester filament factory started to promote sales under the expectation of the accumulated inventory, trying to exchange price for quantity, and the production and sales increased significantly; on Thursday, the polyester filament factory’s quotation was revised back. The South China polyester filament factory remains stable as a whole. In the export market, the export quotations were basically the same as the previous period, with minor adjustments sporadically. The overall export orders remained weak. On the one hand, the epidemic in Southeast Asia was severe, and Europe was in the summer holiday, and market demand was significantly declining; on the other hand, ocean freight was high, and the ocean freight rate even accounted for 50% of the value of the goods, and most of them were in a state of loss. Foreign customers have very low purchasing intentions, and it is difficult to improve the short-term export market.

 

6,Polyester staple fiber fluctuated and weakened, cash flow losses improved, and loading rate dropped slightly. Affected by the decline in crude oil and polyester raw materials, PSF futures fell, and the spot market gradually followed the decline. As raw materials fell more than staple fiber, PSF cash flow losses decreased. Affected by the epidemic, logistics in the Yizheng area was affected, causing factories in the area to reduce production. This week, PSF low-priced transactions were more active, showing that the low market demand is acceptable. The physical inventory of staple fiber factories is tight, especially the Jiangsu factory, and cash flow has improved recently.

 

7,Viscose staple fiber price was generally stable and the rate of increase slowed down. Some of the high quotations in the early period were slightly loosed. Traders’ willingness to sell has also increased, with prices slightly lower than market prices. However, the downstream spinning mills are not enthusiastic about purchasing, and often perform the previous contracts normally. The local epidemic has a certain impact on logistics, but it has not yet affected the load of the VSF factory. The export market was good this week, and orders from some overseas regions increased. Due to the rebound of the epidemic, it is difficult for mid-range fibers to perform well in the short term, and mid-range fibers may be discounted next week. On the high-end side, low prices are expected to remain stable.

MARKET TREND WEEK 31- OIL PTA MEG PET PSF VSF

Market this week – W31

Summary: Oil closed up, PTA rose, MEG fluctuated, Polyester chip rose significantly, Polyester filament yarn promoted and rose, PSF fluctuated, VSF increased slightly.

 

1,Oil prices fluctuated and closed up this week. Recently, the Delta virus mutant has spread rapidly in various countries around the world. Investors are worried that the epidemic will impact the global economic recovery. At the beginning of the week, crude oil prices fell slightly. In the middle of the week, the market expects that the supply of crude oil for the rest of this year will continue to be tight. At the same time, after the US crude oil supply hit the lowest level since January 2020, the supply will be further tightened and crude oil prices will rise slightly. This week’s U.S. crude oil inventories fell more than expected, but fears about the epidemic have increased, limiting the increase, and WTI crude oil prices closed up slightly.

 

2,PTA fluctuated and rose. Oil prices rose this week, and PX rose slightly. Supplier inventories have dropped significantly, and PTA futures have performed strongly. In terms of spot market, at the beginning of the week, due to the influence of typhoon weather, the port was closed, the operating load of the new Yisheng facility was unstable, and the transportation volume of tank trucks decreased. As a result, the supply of PTA in polyester plants is tight, and some polyester plants are running at a reduced load. However, under the situation of tight spot liquidity, the basis performance is strong. In the middle of the week, as the impact of the typhoon weakened, the Yisheng device was restored, the port began to unload, and the supply of tankers was restored, and the basis was loosened. In the short term, crude oil will remain volatile and consolidate, but fears about the epidemic still exist and the upside is limited. The overall performance of PTA is relatively strong.

 

3,MEG prices rebounded from low levels, and the market trading volume was general. In the first half of the week, the price of MEG fluctuated weakly, and some polyester factories fell under the influence of the typhoon. In the middle of the week, port inventories were running at a low level. Boosted by the temporary shutdown of the South Asian installations in the United States, MEG futures increased, and the spot buying orders on the market followed actively, and the night trading surged sharply on Thursday. As of Friday, the price of MEG has fallen from a high level. In the short term, MEG is operating with low inventory, and MEG prices are mainly adjusted in a wide range.

 

4,Polyester chips price has risen significantly, mainly driven by rising costs. During the week, crude oil remained strong, and polyester raw materials continued to rise. Especially in the second half of the week, PTA set a new high. Although the demand side performance was weak, but driven by the cost, the polyester chip factory’s quotations were raised one after another, and signed prices were negotiated and moved up gradually. Recently, after the polyester cost has risen sharply, the terminal’s follow-up efforts have been limited. In addition, the efficiency of polyester chips is at a significant loss, and subsequent reductions and suspensions may be continued. It is expected that the short-term polyester chip prices will mainly fluctuate at a high and wide range.

 

5,Polyester filament yarns in Jiangsu and Zhejiang was promoted at the end of the month. Due to the impact of typhoon weather on downstream operations and the recent weakening of terminal orders, polyester filament factories have low equity inventory, but due to slow delivery in warehouse, the actual inventory is high, polyester filament factories promote some high-stock specifications at the end of the month. But due to the sharp increase in the cost of polyester raw materials this week, the quotations of polyester filament factories began to rise on Friday. The quotation of the South China polyester yarn factory rose, and the transaction was negotiated. In the export market, export quotations rose slightly, and actual transactions were negotiated. Recently, the overall export orders are still weak. Under the background of high freight rates, foreign customers are less enthusiasm for inquiries and basically maintain rigid demand purchases.

 

6,Polyester staple fiber remained fluctuated. PSF’s losses have gradually increased, and the production cut down has increased. On Monday, PSF futures rose slightly and then fell back, and the spot market also gradually followed the decline. At the same time, polyester raw materials rose, and PSF cash flow losses gradually expanded. On Thursday night, PSF main manufacturers collectively raised prices. In Friday morning, other PSF factories followed up and raised their quotations. Due to the rising inventory of PSF and the recent serious losses, PSF factories have become more willing to reduce production.

 

7,VSF continued to rise, small and medium-sized factories rose rapidly, but the quotations of large factories were relatively stable. The quotations of mid-to-high-end brands are upside down. As it has a more obvious cost-effective advantage compared to mid-range fibers, the low-priced parts of high-end brands sold well this week. Non-woven fibers rose slightly this week. The black fiber remained stable for the time being, and the sales was relatively good. The export market is performing normally. The overseas market experienced the Islamic Eid al Adha in the early period, and some procurement operations have been postponed. At the same time, due to the rebound of the epidemic in some countries, the market has been worried, and export prices have temporarily stabilized.The VSF market is relatively good recently, and the downstream has a certain price transmission capacity, and the risk of price decline in the short term is not high.

MARKET TREND WEEK 30- OIL PTA MEG PET PSF VSF

Market this week – W30

Summary: Oil closed up, PTA and MEG rose, Polyester chip declined and rose, Polyester filament yarn rose, PSF fluctuated, VSF increased slightly.

 

1,Oil prices both closed up slightly this week. Recently, due to the rapid spread of Delta mutant COVID-19 virus strains around the world, and at the same time, due to the soaring US inflation data, and finally the news of OPEC + through the increase in production, short-term market sentiment tended to be tense, and the two major crude oil futures fell sharply on Monday. Crude oil futures prices closed higher on Tuesday, partially recovering the major decline suffered on Monday. US crude oil inventories increased by more than 2 million barrels last week, but the rise in the three major US stock indexes and the decline in EIA fuel oil supply are good for oil prices. At the same time, signs of tight supply in the spot crude oil market alleviated market concerns about the economic outlook. The two major crude oil futures continued to rise on Wednesday. On Thursday, US crude oil hovered around 70.2, rising more than 4%, continuing the gains of the previous trading day.

 

2,PTA rose broadly. In the first half of the week, crude oil fell sharply, and PTA futures followed the decline, but the spot basis showed a strong performance. As the price of PTA fell, the enthusiasm of polyester factories to buy goods increased and market transactions increased. In the second half of the week, crude oil continued to rise. At the same time, due to the impact of typhoon weather, the progress of PTA unloading at the port was limited, and the spot basis was relatively strong, but the transaction was general, traders mainly replenishing goods, and polyester factories were mainly waiting and watching. Recently, individual PTA devices have been reduced in load and overhauled. Under the expectation of supply reduction and typhoon weather may affect the situation of port arrivals in the later period, the PTA spot basis is relatively strong, and the short-term PTA shock is expected to be relatively strong.

 

3,MEG rushed higher and fell back. On Monday, the MEG price rose slightly and then fell slightly, and the market transaction was fair. On Tuesday, crude oil rebounded significantly overnight. MEG prices increased strongly after opening low, and mainstream seller was reluctant to sell, and prices fluctuated sharply. On Wednesday, affected by the double typhoons, the port of Yangtze River was closed, and there were more delays in ships, and the spot market was actively buying. MEG prices fluctuated at a high level, and MEG prices rose strongly in the afternoon. On Thursday, MEG prices fell from a high level, and the overall market turnover was average. Affected by the typhoon, the MEG port will be closed, and the arrival of ships will slow down within the week. The downstream polyester started operating at a high level, and the rigid demand support was obvious, and the downward transmission of the industrial chain was relatively smooth. It is expected that the short-term MEG price will be strong.

 

4,Polyester chips declined first and then rose. At the beginning of the week, affected by the sharp drop in crude oil, polyester raw materials fell, and chip prices fell. In the middle of the week, crude oil rebounded sharply, coupled with the speculation of typhoons and shortages, the price of PTA rose sharply, and the price of polyester chips rose significantly due to the rising cost.Recently, crude oil has fluctuated at a high level, polyester raw materials have performed strongly, chip processing fees are at a low level, and the inventory pressure of mainstream factories is not large, and short-term prices are supported.

 

5,Polyester filament price in Jiangsu and Zhejiang increases and preferential treatment are parallel. With low inventories, the price of raw materials has risen, and the quotations of polyester filament factories followed to rose; but at the same time, polyester filament factories are still active to sell stock products, and transactions are based on specifications and quantity preferential negotiations. Among the South China polyester filament factories, some factories rose. In the export market, the quotations of polyester yarn POY and FDY are stable, DTY is partially increased, and export orders are generally light, especially for far ocean routes. Most customers cannot accept the current high freight costs, and order negotiations are extremely light. The probability of export recovery in the short term is low, and the market is expected to be mainly stable.

 

6,Polyester staple fiber followed the rise of raw materials, and the cash flow loss expanded. In the first half of the week, affected by the sharp drop in crude oil, polyester raw materials and PSF quickly followed the decline. Subsequently, crude oil rebounded, polyester raw materials and PSF futures rose, and the spot price also rose quickly. There was a moderate increase in the second half of the week. However, as the price continued to rise, the downstream gradually waited and watched and the transaction volume shrank. As the PSF growth rate this week could not keep up with the polyester raw materials, the cash flow loss expanded. The raw material end PTA continued to reduce the contract volume in August, and the cost support was acceptable. If the maintenance of 400,000 tons of staple fiber in Sanfangxiang is implemented on the 25th, the load will drop to about 90%, which will support the market. It is expected that the short-term PSF price will continue to follow the fluctuation of raw materials.

 

7,Viscose staple fiber prices moved up slightly. The quotation of Tangshan Sanyou at the beginning of the week increased to 13,500 yuan/ton, and Sateri maintained its quotation at 13,300 yuan/ton. In terms of actual implementation, there is a certain room for negotiation for specific customers. In the mid-range, major manufacturers quoted at RMB 13,000-13,300/ton, and the actual transaction was around RMB 13,000/ton. The volume of new orders was average. The price of small factories and traders is slightly lower than 13,000 yuan/ton, and the delivery situation is fair. There are still some orders signed in the export market this week, and the export FOB prices have risen slightly, depending on the order volume to negotiate. .VSF is currently full of pre-sales orders quantity, and the downstream is also slowly recovering. Although some products of grey fabrics have not risen much, the overall trend is upward. Under this circumstance, it is expected that VSF will continue to rise steadily.

MARKET TREND WEEK 29- OIL PTA MEG PET PSF VSF

Market this week – W29

Summary: Oil dropped, PTA and MEG fluctuated up, Polyester chip rose slightly, Polyester filament yarn promoted and rose, PSF fluctuated, VSF increased slightly.

 

1,Oil prices both closed down this week. Due to the deadlock in OPEC+’s production policy, the market has been turbulent for several consecutive days. Last week, oil prices fell for the first time since May. The two major crude oil futures continued their decline since last week on Monday. On Tuesday, news showed that OPEC may abandon reaching the August production agreement. The market expects that the supply will be further tightened in the short term. In addition, the decline in US crude oil inventories has boosted oil prices to close up sharply. On Wednesday, the OPEC+ storyline ushered in a major reversal. According to OPEC+ sources, Saudi Arabia and the UAE have reached a compromise on the oil production agreement, and oil prices plunged 4%. A representative of OPEC+ stated on the previous trading day that the UAE has resolved the deadlock with OPEC+ and reached a compromise agreement that will set a new oil production quota. The two major crude oil futures continued the decline of the previous trading day on Thursday.

 

2,PTA price fluctuates strongly. The decline in the cost side is the main reason for the decline in PTA prices. Although crude oil inventories in the United States have fallen, gasoline and refined oil inventories have increased significantly. In OPEC, Saudi Arabia agreed to increase the production base of the UAE. After the news came out, oil prices fell sharply. This week, Taihua’s planned shutdown, Fuhua’s 4.5 million tons of equipment fell to 80%, and the short-term decline of Yisheng’s new equipment, the supply has been significantly reduced. The demand for replenishment of polymer factories and traders has rapidly increased the spot basis. Under the expectations of the polyester peak season, polyester factories and some traders still have replenishment demand, which will be supported in the short term. It is expected that the PTA will maintain strong pattern in the short term.

 

3,MEG prices rose strongly, market transactions were active, and the spot basis slightly strengthened. In the first half of the week, MEG prices fluctuated upwards, which was significantly affected by equipment news. From August to September, the domestic coal-based MEG equipment was intensively repaired. At the same time, two sets of equipment in Saudi Arabia were temporarily shut down, which significantly boosted the market mentality. During the mid-week crude oil market adjustment process, MEG fell slightly, but the low market buying support was obvious. As of Friday, MEG prices surged and fell sharply, with violent intraday fluctuations. The running ratio of polyester production is maintained at around 93-94%, the rigid demand support is obvious, and the downward transmission of the industrial chain is relatively smooth. It is expected that in the short term, MEG prices will be kept strongly.

 

4,Polyester chips fluctuated. The rebound of crude oil at the beginning of the week led to a slight upward rush of polyester raw materials, and the low prices of chip traders rose somewhat. However, as crude oil fell again in the second half of the week, the market trading atmosphere fell, and the quotations of mainstream factories remained stable during the week. the overall transaction was generally average, and the downstream replenished at low price. It is expected that polyester chips will maintain a range of shocks.

 

5,Polyester filament yarns in Jiangsu and Zhejiang run oscillatingly, slightly stronger for POY and DTY, and slightly weaker for FDY. At the beginning of the week, polyester filament factories promoted, especially for FDY, where the preferential margin was relatively large, and POY was partially discounted; on Tuesday, under the combined effect of promotion and rising costs, polyester filament sales turnover increased again; polyester filament prices rose on Wednesday, but sales turnover weakened; On Thursday and Friday, the price remained stable. The South China polyester filament factory remained stable, and some transactions were negotiated. In the export market, the export quotations of polyester filaments continued to rise sharply, but the overall export orders were not as good as last week. On the one hand, due to the excessive rise in yarn prices, foreign customers need time to adapt. On the other hand, the sharp drop in crude oil affected the market mentality. From the current point of view, although crude oil has been adjusted in stages, the overall upward trend has not changed, and the current polyester yarn inventory pressure is not great. The short-term forecast is mainly for the stability of the filament yarn prices.

 

6,Polyester staple fiber fluctuated weakly, and the cash flow was once again compressed to near the cost line. In the first half of the week, the trend of polyester raw materials and PSF futures was relatively strong. The factory sold goods at low prices and moderately destocked. The cash flow quickly compressed to near the cost line. Subsequently, crude oil and polyester raw materials quickly dropped, PSF also quickly followed the decline, and factory prices also gradually fell. On Thursday, futures stopped falling and rebounded, and futures prices rose. The market as a whole maintains a wait-and-see digestion. If the price adjusts and decreases, the downstream low position replenishment will appear again.

 

7,Viscose staple fiber moved up slightly. Some orders for high-end Sateri have been fulfilled, the overall pre-sales are good, the new quotations in mid-week continue to increase, and Tangshan Sanyou maintains the original prices. Mid-range fiber quotations moved up slightly. There are still some orders in the export market this week, and the export FOB price has increased to about US$1.8/kg. After the periodical increase in viscose staple fiber, there is little operating pressure, and the downside risk disappears in the short term. Although the downstream has improved somewhat, the overall situation is hard to say. The foundation for the recovery still needs to be consolidated. It is expected that the viscose market will remain stable next week, and a small test increase is not ruled out.

Virgin vs Recycled Polyester staple fiber

Application: Cushions – Pillows – Quilts – Toys – Jacket – Mattress – Non woven carpet – Automotive felts, speaker felts, geo textiles, polyfill wadding, filter fabrics and other acoustics as well.

Virgin vs Recycled Polyester Filling?

Virgin polyester fiberball is made of petroleum oil which will harm the environment while recycled will be more eco friendly.

Features: high bulkiness and easy open, excellent tenacity, high resilience and durability, feather touch, light and soft;Environmentally friendly, excellent filling power, anti-static, durable

Application: Pillows, blankets, comforter, toys, filling material for bedding, furniture, spray-bonded cotton, polyester wadding, padding, non-woven, filling quilt, cushion, home textile, etc.

Why choose Polyester Fiberfill

Premium Polyester Fiberfill is absolutely the best performing fiberfill for pillows, dolls, stuffed toys and crafts. It offers a superior resiliency, smooth consistency, and will not bunch. It’s made from recycled materials, and it is hypoallergenic and machine-washable. Add it to toys, pillows, and much more!

white 100% polyester product that is ideal for toys, pillows and crafts.   It is non-allergenic and hand washable.

Use Premium Polyester Fiberfill  for stuffed animals and dolls.

5 advantages of polyester staple fiber you need to know

Are you considering using polyester staple fiber (PSF) for your production?

Whether it is virgin or recycled polyester, they all have 5 key advantages below. 

1. Does not warp:

Neither stretches nor shrinks. It has a resilience that other natural fibres do not have; for example, it does not wrinkle. This is why Lafayette Sports Stretch technology textiles are mostly made of polyester and lycra.

2. It can be combined with other materials:

As rayon, cotton, wool, nylon or viscose, increasing the quality of the final product and allowing a multiplicity of uses. That is why a company offers me a functional textile in which it takes advantage of the naturalness of cotton and combines it with the durability of polyester.

3. It is light:

This does not prevent it from being a solid and durable material.

4. Absorbs less moisture:

This allows it to repel fungus, mould and bacteria. This not only increases its durability but prevents the generation of bad odors, qualities that we have taken advantage of to protect technology.

5. Better absorb the inks:

Polyester garments usually have brighter and more durable colors and prints. For this reason, the offer of textiles for shirts, blouses and dresses, is composed mostly of polyester.

Both natural fibres and synthetic fibres have different characteristics and advantages; the main difference is the technology with which textiles are created, always taking into account the final use they want to give them

How to make Virgin Polyester Staple Fiber

Virgin Polyester Staple Fiber a synthetic man-made fibre that is manufactured from PTA & MEG through polymerization performed at a high temperature and pressure
After the spinning and drawing process, polymer becomes staple fibers when cut short into the form of cotton or filament yarns when made into the form of yarn.

Staple fibers are widely used for industrial use as well as for clothing.
They are not only used for filling of clothing, bedding and furniture in the form of cotton or for spinning after twisting cotton into yarn but they are also fabricated into non-woven fabrics through compression and used for a wide range of applications, including automobile, construction, furniture, sanitary materials and agriculture, gradually expanding their scope of application.

Application of virgin PSF

Automobile, Furniture, Sanitary products, Cleaner Filter, Various non-woven fabrics, Civil/construction materials, Clothing Sport wear, Premium padding, Inner wear, Bedding Accessory Interior

Polyester benefits

  • Polyester fills are typically less expensive to produce than down and feather or microfiber fills making them practical and cost efficient
  • Polyester fills are hypoallergenic and are ideal for products designed for allergy sensitive sleepers
  • When it comes to easy maintenance, polyester fills are tough to beat and easy-to-care-for
  • Adding a silicon finish to polyester fills provides a slick hand similar to down and feather fills

Application:

Features: high bulkiness and easy open, excellent tenacity, high resilience and durability, feather touch, light and soft;Environmentally friendly, excellent filling power, anti-static, durable

Application: Pillows, blankets, comforter, toys, filling material for bedding, furniture, spray-bonded cotton, polyester wadding, padding, non-woven, filling quilt, cushion, home textile, etc.

Advantage of  PSF HCS Hollow Conjugate Fiber Siliconized :
– Warm keeping :The hollow polyester staple fiber is lighter by 20% than ordinary fiber with its hollow Construction. It makes no air convection in fiber to keep warm. It can keep body warm by wrapping warm air and isolating cold air. The fiber is light and good in warm keeping.
– Good hygroscopicity :Hollow polyester staple fiber can discharge the moisture quickly in the body skin and keep dry and warm, reduce the un comfortable sticky feeling with its advantages of special wicking effect and large surface.
– Soft feeling in hand, good fall :It bright soft and comfortable feeling in hand to touch the hollow polyester staple fiber fabric. Compared with the daily heavy thermal fabric, it is more easily wet, dry and comfortable. It is very soft and excellent in pendency.
– Wide application: Hollow polyester staple fiber is a high quality material for the high-grade fabric. Blended with cotton, wool and viscose fiber, it is widely used to make thin thermal underwear, warm winter casual wear and sportswear with good warm keeping, soft feeling and soft luster. It is also used to make soft and thermal socks and gloves with wear resistance. It is also used to make light and soft tweeds.

POLYESTER STAPLE FIBER USED IN NON-WOVEN INDUSTRY

LusterDenierCross SectionEnd-Use
SD1.5, 1.7, 2, 3, 4, 6 & 15SolidNonwoven Interlining,
Sanitary Material,
Microfiber and Thermal
Bonding
FBR (Black)1.5, 1.7 & 3SolidNeedlepunch, Resin
Bonding & Fiberfill
SD1.5 & 4.5SolidDyeable Fabric &
High-Pile
SD6, 8 & 15Hollow and
Hollow-Siliconized
Resin Bonding,
Needlepunch, Fiberfill,
Flame Retardant Fabric,
Anti Bacteria &
Platinum Photon Fiber
SD, BR,OBBR0.7, 1.1, 1.2, 1.4, 2.0, 6,
8, 12, 15 & 20
SolidLow Pilling, Knitting,
Fiberfill, Thermal
Bonding, Needlepunch,
Infrared Fiber &
Resin Bonding
SD2, 3, 4.5, 7, 12 & 15Hollow ConjugateResin Bonding,
Needlepunch &
Fiberfill
SD7Hollow ConjugateAnti-Bacteria

POLYESTER STAPLE FIBER AS PER DIRECT END USE

TypeDenierSectionEnd Use
Anti Pilling1.4, 1.5, 2, 2.5 & 3Solid & HollowSportswear, Underwear,
Casual wear
Bamboo Charcoal1.5, 1.7 & 6HollowBedding, Shoe pad, Cushion, Thermal Sock
Spinning Use1.3, 1.4, 1.5 & 1.7
1.5
Solid
Hollow
Sportwear, Casual Wear,
Underwear
Dopedyed Black1.5, 2 & 3SolidNonwoven, Casual wear,
Sport wear, Underwear
Flame Retardant1.4SolidHome, Comfort &
Clothing textiles
Micro Fiber0.8 – 1.0SolidCloth & Fleece
High Tenacity1.2SolidYarn, Cloth & Water
transport
High Void
Conjugate
3, 7, 12 & 15HollowToy Padding, Badding,
Furniture Cushion, etc
Regular Fiber2, 2.5, 3, 6 & 15SolidNonwoven, Filter
medics, Padding, etc.

Other keywords:

Fibras discontinuas de poliéster 15d * 64mm hueca siliconada
Blanco barato relleno de fibra de poliéster lavable hsc Guata de poliéster de fibra
Discontinuas de poliéster de fibra de poliéster de residuos-La sra.

 

MARKET TREND WEEK 17- OIL PTA MEG PET PSF VSF

Market this week – W17

Summary: Oil fell, PTA fell from rush, MEG dropped, Polyester chip moved down, Polyester filament yarn promoted, PSF fell slightly, VSF declined.

 

1,Oil prices have fallen this week. On the one hand, the EIA crude oil inventory unexpectedly exceeded expectations; on the other hand, the number of new confirmed patients of COVID-19 in India and other countries continued to rise. The market worried that the surge in the number of new cases in India would hit the world’s third-largest oil importing country’s fuel demand.

 

2,PTA rushed higher and lowered. WTI fell more than 3%. PX is expected to improve, and PXN remains at a relatively high level, and the cost side still has certain short-term support. The Hengli production line was overhauled as scheduled. The restart of individual devices was delayed. In addition, Yisheng announced that the May supplied contract amount will reduce. Traders are reluctant to sell. The polyester factory replenishment atmosphere is still acceptable. The market buying momentum in the second half of the week increased, and the spot will be tight. It is expected that the liquidity will still be relatively tight, and the processing fees will remain low.

 

3,MEG price dropped and the market transaction was normal. In the first half of the week, MEG prices declined rapidly. Affected by the crude oil market’s callback and the news of new manufacturers in Jiangsu, the market was under significant pressure. The market offers were concentrated in futures market and the spot basis weakened rapidly. In the second half of the week, MEG prices were adjusted within a narrow range, and the spot price was lower than the obvious monthly average price, and some polyester factories participated in spot buying. With the concentration of Saudi cargo arriving at the port at the end of April, the subsequent terminal inventory will gradually accumulate, and the source of imported goods will continue to increase mainly in May. However, the subsequent maintenance of coal chemical plants was concentrated, and the domestic supply of MEG reduced. It is expected that the supply-demand pattern will maintain a tight balance in May.

 

4,Polyester chips fell weakly. Crude oil rose and then fell. The polyester cost side weakened again. In addition to the continued weak terminal demand, the chip factory inventory pressure appeared. In the second half of the week, quotations continued to drop. Traders also dropped to sell, and transactions were obviously down. The price of polyester chips is expected to be weak and fluctuated.

 

5,Polyester filament yarns in Jiangsu and Zhejiang returned to previous price after sales promotion this week. From Monday to Wednesday, polyester filaments remain stable, and the terminal maintains just-needed purchases; on Thursday, polyester filament factories concentrated on sales, and polyester filaments increased significantly under the promotion, and the price rebounded sharply on Friday. The price of polyester yarn in South China dropped slightly. The export quotation did not change much, and the transaction price was slightly lowered. Recently, the overall export orders have been poor. In addition, due to the Suez incident, container tensions have continued to ferment since April, and ocean freight has risen again, and factory shipments have been significantly affected. From the current point of view, the downstream rigid demand is still supported, but the willingness to stock up is insufficient, and the stocks of major manufacturers continue to be high. The short-term forecast for the polyester yarn is weak.

 

6,Polyester staple fiber is weak. In the first half of the week, PSF maintained a stable delivery. After the centralized replenishment of stocks last week, the raw materials of the spinning mill were available until the end of the month, and some of them were available until after May Day. Therefore, in the first half of this week, factory prices remained firm, and the downstream was digesting early-stage stocks. The overall stability was stable, and the transaction was mainly demanded. Affected by the sharp drop in futures on Wednesday, futures and spot traders sold at low prices, dragging down the prices of factories and traditional traders to pull back again. On Friday, the futures stopped falling and stabilized, and the PSF spot stabilized temporarily, but sales remained general.

 

7,Viscose staple fiber declined. High-end brands are still high and transaction price fell slightly. The price of mid-range fibers has been lowered significantly. Some mid-range factories have sold at much lower price with few big orders due to concerns about excessive accumulation of inventories during the Labor holiday period. In the export market, there is some demand in South Asia recently, and the Middle East has performed generally. The demand side performance in March-April was not as good as expected, and viscose staple fiber is unlikely to perform well in the short term. It is expected that the VSF will kept weakness at the controllable range next week.

Market Trend of Polyester Staple Fiber in 2021

Looking forward to 2021, the views are as follows:

The price of raw materials has risen, and the cost of staple fiber has moved upward. In 2021, although PTA and ethylene glycol in the upstream of polyester staple fiber will continue to supply and demand oversupply, considering the central rise of crude oil prices on the cost side, the absolute prices of PTA and ethylene glycol will also rise, and the center of gravity of polyester staple fiber costs will also move upward. .

The new production capacity of standard products is limited, and the supply pressure is not great. In the first three quarters of 2021, there is little pressure to put polyester staple fiber production capacity, the industry’s production plan is mainly based on differentiated varieties, and the new capacity of futures standard products is limited. In the fourth quarter, focus on the progress of the new production capacity of polyester leading companies. Considering the large scale of production capacity, the pressure of oversupply in the industry may gradually become apparent in 2022.

With terminal repair expectations, demand growth is optimistic. In 2021, the global economy is expected to gradually recover, the terminal textile and apparel industry demand is expected to recover and strengthen, and both domestic and external demand for staple fiber are expected to improve. In addition, there is still room for virgin staple fiber to replace recycled staple fiber, and the price of competing cotton is expected to continue to rise, which may boost the demand for staple fiber.

Factory inventory is expected to remain low. With limited supply growth, but with demand maintaining an optimistic growth rate, in the first three quarters of 2021, it is expected that the inventory pressure of polyester staple fiber factories will be low. However, at present, traders have accumulated more goods in the link, and they are concerned about the rhythm of changes in traders’ inventory.


Zhangjiagang Tengxiang Machinery Co., Ltd.

      • Bi-Component Fiber Production Line
      • PP Fiber,Cigarette Filter and Sea-island Fiber Production Line
      • Acrylic Fiber Production line
      • Solid Hollow Conjugated Staple Fiber Production Line

Three-dimensional hollow fiber (Hollow Conjugated Fiber)

Three-dimensional crimped hollow fiber is a hollow fiber series: single-hole three-dimensional crimped hollow fiber:
High hollowness, good fluffy, fast recovery elasticity, and good warmth retention.
The fiber can be made into pillow cores, quilts, toys, etc., and has good warmth retention, fluffy and elasticity.
Four-hole three-dimensional crimped hollow fiber:
High hollowness, good bulkiness, excellent resilience, stronger warmth retention, smooth hand feeling, and permanent curling.
It is mainly used as wadding materials, such as wadding, pillow cores, soft toys, cushions, etc., and can also be used for decorative cloth, carpets, wool-like products, filter materials, etc. The product has a high added value and a good market.
Seven-hole three-dimensional crimped hollow fiber:
Combining the two technologies of porous and three-dimensional crimping into one, it has many excellent characteristics such as moderately high, excellent fluffy performance, good resilience, strong warmth retention, and smooth hand feeling.
It is mainly used as flocculent material, decoration and filter material and high-grade wool-like products. It is currently one of the world’s most technologically and best-performing varieties. The added value of the product is extremely high, the market is very good, and the supply is in short supply.

Please contact with me for fiber and TXMC fiber machine

Mobile/Wechat/Whatsapp:0086-13915721168 or

Email: jitiesheng@hotmail.com

Recycle Polyester Staple Fiber Machinery and Service Supplier
ZHANGJIAGANG TENGXIANG MACHINERY CO., LTD

Characteristics and uses of polyester fiber

Characteristics and uses of polyester fiber

Strength: The strength of polyester fiber is nearly 1 times higher than cotton and 3 times higher than wool, so the polyester fabric is strong and durable.

Heat resistance: It can be used at 70~1700C, it is the best heat resistance and thermal stability among synthetic fibers.

Elasticity: The elasticity of polyester is close to that of wool, and its wrinkle resistance is higher than that of other fibers.

Abrasion resistance: The abrasion resistance of polyester is second only to nylon and ranks second among synthetic fibers.

Water absorption: Polyester has low moisture regain and good insulation performance, but due to low water absorption, high static electricity generated by friction and poor dyeing performance.

Polyester is used as clothing fiber, and its fabric can achieve the effect of no wrinkle and ironing after washing. Polyester is often blended or interwoven with various fibers, such as cotton polyester, wool polyester, etc., and is widely used in various clothing and decorative materials. In industry, polyester can be used for conveyor belts, tents, canvas, cables, fishing nets, etc., especially polyester cord used for tires, which is close to nylon in performance. Polyester can also be used for electrical insulation materials, acid-resistant filter cloth, cloth for the medical industry, etc. Synthetic fibers are widely used in various fields of the national economy because of their high strength, abrasion resistance, acid resistance, alkali resistance, high temperature resistance, light weight, warmth retention, good electrical insulation and resistance to mildew.

Crude oil, fiber and Raw Material Market Trend W11

Data this week – W11

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2021-3-1166.024395.005595.000.911.031.062.21
2021-3-463.834535.006135.000.920.991.082.21
Change2.19-140.00-540.00-0.010.03-0.030.00
Ratio3.43%-3.09%-8.80%-1.05%3.45%-2.53%0.06%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2021-3-111.131.271.361.872.732.572.72
2021-3-41.121.241.341.932.732.572.72
Change0.010.030.02-0.060.000.000.00
Ratio1.23%2.32%1.74%-2.92%0.00%0.00%0.00%
USD/CNY=6.45

Market this week – W11

Summary: Oil first fell and then rose, PTA rebounded after falling, MEG fell from high, Polyester chip rose and fell, Polyester filament yarn rose and stabilized, PSF fell and stabilized, VSF stabilized.

1,Oil prices first fell and then rose this week. The two major crude oil futures fell on Monday. As concerns about supply interruptions after the attack on Saudi Arabia’s oil facilities faded, and the large-scale fiscal stimulus measures to be passed by the United States will continue to boost inflation expectations, a strong US dollar will suppress commodity prices in the short term, and the two major crude oil futures continued their decline on Tuesday. On Wednesday, the U.S. House of Representatives voted to pass the $1.9 trillion  bailout bill, which is expected to increase economic recovery in the post-epidemic era. The two major crude oil futures rebounded from the decline. On Thursday, U.S. President Biden signed a $1.9 trillion bailout bill one day ahead of schedule. The two major crude oil futures continued their gains in the previous trading day.

2,PTA spot prices rebounded after falling. On the one hand, Crude oil surpassed and fell, and PTA futures followed the decline, driving the spot price to fall. On the other hand, PTA devices have been overhauled one after another, and mainstream suppliers have repurchased from the market. Spot liquidity continues to be tight, and spot futures basis is strong. As the price of PTA goes down, and the PTA processing gap is greatly reduced, the market has a bottom-of-the-bottom mentality, and the market transaction atmosphere is acceptable. In the short term, crude oil fluctuates strongly, PX supply and demand pressure is not great for the time being, and there is still support on the cost side. As the overhaul of PTA devices continues to materialize, supply and demand improved in March, and PTA is expected to fluctuate at a high level under cost support.

3,MEG prices fell from high levels, and the spot basis continued to weaken. Affected by the sharply stronger crude oil market at the beginning of the week, MEG Futures opened sharply higher, and spot transactions were high. However, on-site traders have strong intention to sell to lock the profit, and increased market selling suppresses the upward and the Futures turned to downward trend and spot price went down simultaneously. In the middle of the week, as the commodity market pulled back, the MEG market fell rapidly, and the spot price weakened sharply. In the second half of the week, the MEG spot price was significantly lower than the monthly average price, and some polyester factories participated. Recently, the start of polyester production has increased significantly, and the short-term market rigid demand support is still relatively strong. It is expected that the short-term MEG will be mainly weakened.

4,Polyester chips rose and fell. At the beginning of the week, driven by the surge in crude oil, polyester raw materials rose again, and the quoted price rose sharply. In the second half of the week, with the decline of crude oil, the cost of polyester declined rapidly, and chip prices gradually fell. The overall transaction volume was light. At present, the inventory of polyester factories is low, but the downstream stocks are also large, and the willingness to buy is not strong. The short-term market mentality is wait-and-see. It is expected that polyester chips will fluctuate mainly in the range.

5,Polyester filament yarns in Jiangsu and Zhejiang rose first and then stabilized, while some factories slightly decreased. Stimulated by the positive news of crude oil last weekend, the downstream mills again made up raw materials, and production and sales volume increased rapidly. From last weekend to this Monday, polyester filament factories raised prices. However, starting from Tuesday, with the rapid correction of raw materials PTA and MEG, the production and sales of polyester filaments continued to be weak, and polyester filament factories remained stable in sales. Sporadic POY factories in Ningbo area have lowered their prices due to high inventory pressure. The price of polyester filaments in South China remained stable after rising. Export quotations continued to rise overall. At the beginning of the week, driven by the rise in crude oil, foreign orders were placed intensively, among which POY was relatively better than DTY; but in the following days, polyester raw materials fell sharply, the market mentality was wait-and-see. Recently, foreign market demand is good, but due to the high price, orders are very cautious, and the purchasing rhythm is mostly adjusted with crude oil. In the short term, domestic polyester filament factories are not high in inventory, and it is expected that the price will remain stable.

6,Polyester staple fiber rebounded after falling, and the decline of spot price slowed down. The PSF fell sharply in the first half of the week due to the rapid decline in futures prices, PSF factories and traditional traders also gradually followed the decline. The goods rebounded in the second half of the week. After a large number of signed PSF contract was sold in the early stage, the holding volume decreased, the price difference gradually strengthened, and the transaction price approached with that of the factories. PSF factory inventory has accumulated, but most of them are still owed. If the crude oil and futures markets do not rise or fall sharply, the PSF will temporarily maintain a range consolidation, and the downstream will just need to purchase, and the factory will continue to accumulate.

7,Viscose staple fiber continued to be light. The early high quotations of large mid-end fiber manufacturers were lowered, and the low quotations of high-end factories rose slightly in the second half of the week. Affected by the early decline of cotton, PSF and other futures commodities, market purchases were negative and there were few transactions in the market, but as the commodities market rebounded in the second half of the week, and market attention increased. VSF factories have a stable mentality. On the one hand, there are still a large number of pending orders for viscose factories. On the other hand, raw material costs are rising rigidly. There is no pressure or intention to reduce prices in the short term. The atmosphere of the export market is slightly better than that of the domestic market, but there is also a certain wait-and-see atmosphere compared to the previous period. The probability of price stability next week is relatively high.

www.txmc.com Polyester staple fiber production line munufacturer

Bi-Component Fiber Production Line

Bi-Component fiber, also known as composite fiber, is formed by composite spinning holes at the same time. The common structural forms are: sheath core type, side by side, island type, and orange type.

PP Fiber,Cigarette Filter and Sea-island Fiber Production Line

Denier Size: 1.5D, 3D, 6D, 10D, 15D, 18D, 22D
Cut length: 44mm, 51mm, 64mm, 76mm, 102mm (As per customer requirement)
Feel: siliconised or non siliconised soft as well as harsh feel

Acrylic Fiber Production line

Denier Size: 1.4Den, 1.5Den, 5Den, 8Den, 10Den
Cut length: 38mm, 127mm, 140mm (As per customer requirement)
Feel: Light, half light, no light

Solid Hollow Conjugated Staple Fiber Production Line

Denier Size: 1.5D, 3D, 6D, 10D, 15D, 18D, 22D
Cut length: 44mm, 51mm, 64mm, 76mm, 102mm (As per customer requirement)

Zhangjiagang Tengxiang Machinery Co., Ltd.

Annual output of Polyester staple fiber in China

The newly added production capacity of polyester staple fiber is expected to be 4.45 million tons from Continous Polymer line in 2021-2022.

Affected by low inventory and high profit, polyester staple fiber project planning is favored. According to statistics, from 2021 to 2022, the new production capacity of polyester staple fiber will total 4.45 million tons, and the total production capacity of the polyester staple fiber industry will reach 12.61 million tons.

Best Staple fiber machinery manufacturer and service supplier: ZhangJiaGang TengXiang Machinery Co. Ltd. (TXMC)
www.txmc.com.cn
https://fiber-machine.com

PPSF (PP Staple Fiber) wide ranging applications

PPSF has wide ranging applications in view of its being a light weight fibre with high insulation properties and good resistance to abrasion. PPSF is finding new and varied uses over older and more traditional synthetic fibres. Among all synthetic fibres in the world, the share of PPSF has increased substantially and the growth trajectory continues. PPSF material has a truly wide variety of areas. Some of these include spun yarn filter fabrics, non-woven filter fabrics, geo-textiles, floor coverings and carpet backings, furnishing fabrics, blankets, wall-coverings, in construction industry.

Major Applications

Finer Denier PPSF

2.5 and 3 denier in Natural White is used for spinning different count yarns which go into making mainly Filter Fabrics. It is also used in Carpet backing yarn, Dref-2 yarn for making filter cartridges and non-woven Geo-textiles.

Geo textiles

PP fibre of 6 Denier is largely used for making geo textile fabric. It is also used certain automotive applications.

Coarser Denier PPSF

Coarser Denier PPSF of 10 to 15 Denier is used in non-woven carpets for floor coverings and automobile carpets and coverings.

Construction Sector

Construction Sector PPSF cut into smaller cut lengths like 6 mm, 12 mm, and 20mm, mixed with cement used in plastering, RCC, used in the building construction industry and also in asbestos sheet/pipes.

www.txmc.com.cn

Crude Oil, Chemical and Fiber Market Week 36 Sept 6, 2020

Please check the updated market trend of Week 36

Data this week – W36

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2020-9-341.373565.003910.000.630.710.761.26
2020-8-2743.043550.003765.000.630.710.741.25
Change-1.6715.00145.000.000.000.010.01
Ratio-3.88%0.42%3.85%0.61%0.55%2.00%0.83%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2020-9-30.710.850.881.271.651.551.67
2020-8-270.710.860.891.251.641.551.64
Change-0.00-0.01-0.000.020.010.000.02
Ratio-0.27%-0.90%-0.44%1.55%0.55%0.08%1.41%

Market this week – W36

Summary: Oil closed down, PTA fluctuated, MEG moved up, Polyester chip rose slightly, Polyester filament yarn promoted and returned, PSF rebounded and VSF rose slightly.

1,Oil prices closed down slightly this week. Oil prices fluctuated slightly in the first half of the week; there was a sharp drop on Wednesday. Although data released by the U.S. Energy Information Administration showed that the value of changes in U.S. crude oil inventories last week fell for six consecutive weeks, the largest decline since the week of July 24, but in the Russian opposition Navaline was found to be poisoned by “Novijok” and OPEC’s key ally also increased oil production last month, resulting in lower oil prices. With the global economic recovery stagnating in many key economies and crude oil demand stabilizing at a level much lower than the level before the epidemic outbreak, oil prices continued their downward trend on Thursday. Industry analysts believe that the rebound wave of international crude oil prices has actually ended in early June. Since then, the only kinetic energy for oil prices to continue to rise slowly comes from the continued decline in the US dollar exchange rate. In the process, the oil market supply and demand fundamentals has not been further improved. Since then, the difficult transportation situation caused by the global epidemic will still suppress the demand for crude oil. At the same time, the willingness of OPEC + countries to continue to forcefully reduce production has become less and less, which means that the oil price outlook will still fall into a see-saw situation.  Only when breakthroughs are made in vaccine research and development and the end of the global epidemic is imminent, oil prices may record a breakthrough upward trend.

2,PTA futures first rose and then fell, and the spot price rose. Due to the good overall commodity atmosphere, PTA futures fluctuated and rose, and then due to the delay of the maintenance of some PTA devices in September, supply and demand maintained their accumulated expectations, suppressing the increase. At the beginning of the week, the buying was active, and the transaction volume was increased. In the second half of the week, the hurricane ended and the supply resumed, and the cost-end prices dropped slightly. The commodity atmosphere was slightly weaker. PTA futures fluctuated and fell, and the spot market showed a weak performance. During the week, the spot transaction volume performed generally. Polyester factories had weak buying momentum and often needed replenishment. In addition, basis fluctuations were limited, and the activity of traders also declined. In next week, some PTA plant such as Fuhua, Luohua, Reignwood will restart, the operating rate will rebound, polyester load will be adjusted at a high level, and supply and demand are expected to remain stable. However, as the delivery date approaches, the source of warehouse receipts has gradually flowed out. Considering factors such as quality and freight, the digestion of old goods needs to be exchanged for better price. Considering this condition, the PTA price is expected to be weak.

3,MEG rose first, then consolidated. On Monday, MEG prices went up strongly, market transactions were active, and buying momentum followed up well. The daily commodity market trend was strong, the market sentiment was obviously boosted, and the MEG port inventory dropped sharply. On Tuesday, MEG prices rose sharply, market buying followed up well, and some traders were active in restocking. On Wednesday, MEG prices fluctuated within a narrow range, and market transactions were fair. On Thursday, the MEG price range was sorted out, and market discussions were general. Affected by the typhoon last week, the MEG port was closed for shipping, and the overall ship warehousing was relatively slow. At the beginning of the week, the MEG port inventory dropped significantly. In addition, due to the impact of the US hurricane, the shutdown time of some installations has been extended, and the supply of ocean cargo is expected to be reduced. In the short term, the MEG range is mainly consolidated.

4,Polyester chips rose slightly, mainly driven by upstream raw materials. During the week, MEG rose significantly. In addition, PTA once went up, the market trading atmosphere rebounded, low-level transactions moderately increased volume, and prices gradually rose. The volume of transactions was moderately high, mainly concentrated in the first half of the week. The demand for low replenishment increased significantly, but the momentum of chasing high in the second half of the week weakened. The upstream raw materials continue to fluctuate, and the cost-end fluctuations are still limited. At present, the cash flow loss of polyester chips is expanding, and the price downside is limited, but the downstream buying momentum is also insufficient. It is expected that the short-term polyester chips will mainly fluctuate.

5,Polyester filament yarns in Jiangsu and Zhejiang returned to original price after the sales promotion at the end of the month. At the beginning of the week, the production and sales of polyester yarns will be rushed at the end of the month due to the sale promotions ; after the increase of production and sales, the polyester yarn factory discounts was canceled and prices returned; The price of polyester yarn in South China is stable. In the export market, export quotations have mostly risen, mainly due to the soaring ocean freight and rising exchange rates; recent export orders have declined slightly compared with the previous period, and the high freight rates have made orders relatively cautious. At present, ocean freight is still rising. South America has even increased 3-4 times, and it is difficult to decline in the short term. At the same time, the RMB exchange rate is also strengthening, and export prices are expected to remain firm.

6,Polyester staple fiber have been smooth this week and prices have increased. The raw material EG continued to rise, and the downstream concentrated replenishment. PSF transactions gradually improved and the discounts narrowed. In the first half of the week, the production and sales for three consecutive days were 100-300%. and then price increased. In the second half of the week, as raw materials adjusted, PSF stopped rising and stabilized, and transaction volume fell. the PSF loading rate increased to 97.9%, the highest this year. Except for some long-term idle devices, most of them run at full load. Downstream polyester staple yarns and polyester-cotton yarns have followed up, sales are relatively smooth, and inventories continue to decline.

7,Viscose staple fiber market performed quietly, with transactions moving up slightly. Due to the better execution of pre-orders, the inventory pressure of viscose staple fiber factories has gradually reduced, and the willingness to increase prices is higher; downstream replenishment operations have increased. Recently, the downstream viscose staple yarn transaction has been improved significantly, the industry inventory has dropped rapidly, the price of various type viscose yarns have moved up slightly, and the increase of vortex yarn has slowed down; but stimulated by the sharp price increase of vortex yarn and the surge in transaction volume last week, other type viscose yarns are improved significantly too, which caused the industry’s inventory to drop rapidly.

Crude Oil, Chemical and Fiber Market Week 23 Jun 7, 2020

Crude Oil , PTA and MEG , Polyester chip, Polyester filament yarn, PSF Updated market trend of Week 23:

Data this week – W23

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2020-6-437.413570.003657.000.660.750.791.32
2020-5-2833.713485.003568.000.630.740.771.32
Change3.7085.0089.000.030.010.020.01
Ratio10.98%2.44%2.49%4.01%1.70%2.05%0.48%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2020-6-40.750.920.931.301.671.511.58
2020-5-280.720.890.921.291.671.511.58
Change0.030.020.010.010.000.000.00
Ratio4.47%2.48%1.31%0.49%0.00%0.00%0.00%

Market this week – W23

Summary: Oil went up, PTA and MEG, Polyester chip rose and stabilized, Polyester filament yarn  increased, PSF rose, VSF stalemate.

1,Oil prices closed up slightly. Increasing tensions between China and the United States have put pressure on the market, but there are reports that OPEC and Russia are close to reaching an agreement to extend the production cut agreement, which constitutes support for oil prices and oil prices remained stable at the beginning of the week. OPEC and Russia are expected to reach a consensus on the extension of the output reduction agreement at the June 4 meeting. Together with EIA and API data, US crude oil inventories have unexpectedly decreased last week, and oil prices have risen slightly.

2,PTA futures oscillated and consolidated, the basis strengthened, and PTA spot rose. With the continuous relaxation of epidemic control in many markets, the recovery of crude oil demand expectations and the OPEC+ plan to extend production cuts and other news, the increase in crude oil has expanded. At the same time, although the planed overhaul of some PTA lines has been delayed, the  downstream polyester load is in high level, the pressure of PTA accumulation has eased. In addition, the enthusiasm for procurement has increased due to the improvement of production and sales of some polyester factories. The current basis has converged. In the second half of the week, there’s rumors of individual PTA plant restarts in the market, crude oil shocks and other factors affected the traders’ willingness to sale, and the basis was stable. The short-term PTA is expected to maintain a volatile trend.

3,MEG prices are sorted in a narrow range, and the market is generally negotiated. Mid-week was significantly boosted by the crude oil market and the follow-up of production and sales was acceptable. MEG prices briefly surged, but the high selling pressure was obvious. Until Friday, MEG prices fell slightly, and the market mentality tended to be cautious during the restart of coal chemical MEG plants. It is expected that the short-term MEG shock adjustment will be the main trend.

4,The polyester chip market has risen again. Due to the surge in crude oil, polyester raw materials have risen again during the week. Especially driven by market sentiment at the beginning of the week, the chip trading atmosphere is good, coupled with the tight supply of mainstream factories, the prices have been continuously raised, and the market turnover has been overall. In general, buying is mainly concentrated in the first half of the week, and the trading volume in the second half of the week has dropped significantly.

5,Jiangsu and Zhejiang polyester filament yarn sales is boosted by the rebounded materials. The overall production ratio of the downstream can still be maintained with stable support. At the same time, raw materials rose, and downstream factories continued to follow up to increase stock of raw materials. The polyester yarn factories transaction volume increased significantly on Monday and Thursday, and prices increased too. The price of polyester yarn in southern China rose partially. In the export market, foreign markets are relatively quiet. On the whole, foreign markets have been slow to recover due to the epidemic situation. At present, the factories are mainly domestic sales, and most of the export quotations follows domestic price and negotiated order by order .

6,Polyester staple fiber moderated after rising, and sales were smooth. Polyester raw materials continue to rise, driven by costs and no inventory pressure, staple fiber factories continue to rise, quotations generally rise, and transaction prices gradually follow up. In the second half of the week, due to the shock of raw materials, the PSF stopped rising and stabilized, the turnover fell back, and the downstream entered the digestion cycle. The fundamentals of PSF are good. If the raw materials continue to rise, the PSF may still rise, otherwise it will still maintain a range fluctuation.

7,Viscose staple fiber continued to stalemate at a high level, but showed a priceless situation. High white fiber continues to weaken. Although there is no excessive price reduction under the support of high-end orders, some can be discussed. There was no sign of continuous improvement in exports, and the resumption of work in the main export target countries was average.

Crude Oil, Chemical and Fiber Market Week 22 May 31, 2020

Crude Oil , PTA and MEG , Polyester chip, Polyester filament yarn, PSF Updated market trend of Week 22:

Data this week – W22

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2020-5-2833.713485.003568.000.630.740.771.32
2020-5-2133.923575.003620.000.650.750.781.31
Change-0.21-90.00-52.00-0.02-0.01-0.010.01
Ratio-0.62%-2.52%-1.44%-2.44%-1.26%-1.45%0.48%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2020-5-280.720.890.921.291.671.511.58
2020-5-210.730.910.921.281.671.511.58
Change-0.01-0.02-0.010.010.000.000.00
Ratio-1.72%-1.87%-0.89%0.99%0.00%0.00%0.00%

Market this week – W22

Summary: Oil continue fluctuated, PTA and MEG adjusted, Polyester chip weakened, Polyester filament yarn promoted, PSF weakened, VSF rose.

1,Oil prices fluctuated.  After the Memorial Day holiday ended, the US market resumed trading. The signs of a slow recovery of the global economy from the outbreak of the epidemic have pushed Wall Street’s risk appetite to generally rise, and pushed up oil prices to close higher on Tuesday. On Wednesday, after the British Columbia High Court of Canada announced that Meng Wanzhou met the extradition criteria for “dual criminality”, the geopolitical tensions between China and the United States further escalated, and investors’ confidence in the economic restart was severely reduced. In addition, the market expected that the demand for US crude oil would decrease , Oil prices closed down. On Thursday, the Saudi crown prince and Russia made a call. Russia indicated its willingness to extend production cuts, which pushed oil prices to close higher.

2,PTA adjusted narrowly. Crude oil fluctuated, PX prices fell slightly under high inventory pressure, and at the same time, rumors of PX equipment maintenance increased. PTA futures fluctuated, and the basis performance was stable. In the second half of the week, the basis rose due to higher production and sales volume and supplier bids. In general, with the increase in PTA prices, polyester factories are not willing to chase rising prices, and mainly purchase more according to the appropriate amount of production and sales.

3,MEG prices are sorted in a narrow range, and market negotiations are general. Traders in the market mainly sell high and buy low. At the beginning of the week, MEG prices fluctuated upwards, and traders with contract gaps actively participated in replenishment, with spot transactions prevailing on that day. Afterwards, MEG shocked and sorted, and the buying were generally moderate. Individual polyester factories participated in spot purchases. The spot futures spread was basically stable during the week. The domestic supply of MEG remains at a low level, MEG price has a support in short time.

4,The polyester chip market fluctuated within a narrow range, and the trading sentiment dropped significantly. The high prices of some factories have been lowered, but the trading volume is limited. The short-term polyester cost end does not fluctuate much, and the stock of the chip factory is low, but the downstream stocks are more, and the short-term terminal improvement is not obvious.

5,Jiangsu and Zhejiang polyester filament yarns are promoted at the end of the month. Under the fluctuation of raw materials, the enthusiasm for downstream purchases of polyester yarns at high prices is relatively weak, while the sale willing of filament factories is relatively high at the end of the month. The price of polyester yarn in southern China is more stable. With regard to the export market, foreign countries have not yet recovered from the epidemic. Together with the current month of Ramadan, the market performance is quiet, with sporadic low orders being heard.

6,PSF weakened slightly and transactions were light. Polyester raw materials fluctuated, PSF sales were not smooth, and prices were moderately down, but the decline was not large because the factory had no inventory. Downstream spinning mills mainly digest stocks in the early stage. Sales continued to be poor, and inventory gradually accumulated, but most of them were still in arrears or out of stock.

7,After viscose staple fiber has generally suffered a deep loss, mainstream factories generally have a strong willingness to reverse losses. Product prices have risen intensively. At the beginning of the week, the price of viscose staple fiber continued to loosen, and in the middle of the week, it was learned that the viscose factory might have exchanges on turning losses, and there was a slight increase in buying. In the second half of the week, various factories announced to increase price. High white VSF is stable and weak. Other differentiated fibers have no outstanding performance. In terms of exports, there was no obvious improvement this week. Inquiries increased while real confirmed order is limited.

www.txmc.com.cn

Crude Oil, Chemical and Fiber Market Week 21

Please check the market trend of Week 21:

Data this week – W21

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2020-5-2133.923575.003620.000.650.750.781.31
2020-5-1427.563295.003468.000.600.720.751.27
Change6.36280.00152.000.050.030.030.04
Ratio23.08%8.50%4.38%7.91%4.30%4.56%3.49%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2020-5-210.730.910.921.281.671.511.58
2020-5-140.690.850.891.261.671.511.57
Change0.050.060.030.020.000.000.01
Ratio6.71%7.22%3.39%1.51%0.00%0.00%0.40%

Market this week – W21

Summary: Oil continue to rose, PTA and MEG rebounded, Polyester chip rose, Polyester filament yarn increased, PSF stabilized after rising, VSF maintained.

1,Oil prices closed up this week. International oil prices hit their highest close in more than two months on Monday, continuing the recent upward momentum as investors increasingly believe that supply and demand relations are beginning to improve. Many signals indicate that the world economy is gradually recovering, crude oil and fuel demand are recovering from the bottom, and oil prices continue to rise on Wednesday. As production cuts in various countries rebalanced the markets hit by the epidemic, hedge funds poured in, and oil prices continued to rise on Thursday, achieving a seventh consecutive day of increase.

2,PTA market rose first and then declined. In the first half of the week, the increase in crude oil expanded, and some suppliers actively sell, but the market was worried about the temporary shutdown of Hanbang equipment, and traders’ offers decreased. At the same time, with the increase in PTA prices, polyester factories were cautious in buying when they were fully stocked, and the spot transaction volume was general. In the middle of the week, a 2.2 million-ton PTA plant was shutdown, the demand for purchases from surrounding factories and traders, and the PTA repurchase by individual suppliers boosted the spot basis. However, due to the high processing profit, some equipment maintenance plans were delayed. adding the accumulation of inventory, coupled with the drop in crude oil on Friday, the decline in PTA futures expanded, the spot weakened.

3,MEG prices soared and then down, and the market was generally negotiating. In the first half of the week, MEG prices fluctuated upwards, and the overall performance of chemical products was acceptable. Spot prices rose strongly, and some traders actively replenish their contracts. In the second half of the week, MEG prices rallied and fell. Among them, due to the shut down impact of individual devices, market sentiment was boosted, spot prices rose, and the market’s intention to sell on high was strong.

4,The polyester chip market has risen significantly. With the continuous rise in crude oil, the cost of polyester rose sharply during the week, driving the market sentiment to heat up again. The price has continued to increase, and the market turnover has been increased significantly. In the second half of the week, as material price turned downward, The market transaction dropped.

5,Jiangsu and Zhejiang polyester filament yarn prices rose. Driven by the effective rise of raw materials, Jiangsu and Zhejiang looms and texturing production ratio started to increase, and the replenishment of raw materials further increased. For producers, The production and sales of polyester yarns expanded continuously and inventory declined, especially for some large factories, and the price increased significant. Among them, The biggest increased item is FDY. The price of polyester yarn in South China has moved up. In the export market, in May, the overseas unblocking was gradually put on the agenda. At present, the European region has begun to recover, inquiries have increased, and a few orders have been placed locally, but there is still a long distance to return to normal. There are no obvious signs from other areas. The overall export showed a weaker month-on-month improvement trend.

6,Polyester staple fiber stabilized after rising, and sales were normal. Continuing last Friday’s upward trend, PSF price continued to rise due to rebounded material price and quite low inventory early this week. However, after the downstream replenished, the market entered the digestion and wait-and-see period, and the trading volume dropped significantly. In the second half of the week, the PSF stopped rising and stabilized. Sales were generally light.

7,After the viscose staple fiber was quickly pulled up, the overall implementation situation this week was average. In the first half of the week, high-end brands tried to maintain high prices, but sales were not good. In the second half of the week, the prices of high-end brands also loosened, on the one hand because of the large price gap with the mid-end, and on the other hand because the downstream yarn market did not continue to perform well.

Recently, the suppliers of high white fiber have increased, but market were still dominated by traditional suppliers. There are still a large number of orders to be executed. On the export side, some firm orders  began to increase, but overseas buyers had limited ability to accept high prices.

www.txmc.com.cn

Crude Oil, Chemical and Fiber Market Week 20

Data this week – W20

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2020-5-1427.563295.003468.000.600.720.751.27
2020-5-824.743345.003505.000.620.720.761.20
Change2.82-50.00-37.00-0.02-0.00-0.010.06
Ratio11.40%-1.49%-1.06%-3.56%-0.35%-1.50%5.25%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2020-5-140.690.850.891.261.671.511.57
2020-5-80.720.870.911.251.671.541.58
Change-0.03-0.02-0.020.010.00-0.03-0.01
Ratio-4.73%-2.75%-1.67%0.50%0.00%-1.64%-0.80%

Market this week – W20

Summary: Oil rebounded, PTA and MEG fluctuated, Polyester chip weakened, Polyester filament yarn promoted, PSF slow and rebounded, VSF rose.

1,Oil prices fluctuated and closed up this week. Oil prices closed down on Monday. News that countries have successively announced to implement production cuts has encouraged investors who are bullish on oil prices, which push oil closed higher on Tuesday. Due to market concerns that some countries may usher in the second round of the outbreak of the COVID-19 epidemic, which further extended outdoor restrictions, oil prices closed down on Wednesday. As the International Energy Agency’s forecast of a recovery in oil demand, the market sentiment has been boosted and oil prices rebounded on Thursday.

2,PTA futures fluctuated at a narrow range, the spot basis strengthened, and spot prices fluctuated. At the beginning of the week, crude oil was sorted in a narrow range, polyester production and sales remained low, PTA buying was weak, and the basis was stable. In the middle of the week, the purchasing atmosphere was boosted, the transaction volume was large, and the basis was slightly strengthened. However, based on the current supply and demand situation, PTA inventory continued to accumulate. Due to the limited boost in polyester production and sales, trading volume fell again on Thursday. On Friday, the rise in crude oil boosted the rise in PTA futures, the basis rose, and spot prices rose too. As production reductions in oil-producing countries have been implemented one after another, crude oil rebounded at a low level to give PTA price support, but PTA supply and demand are excessive.

3,MEG prices are firm and upward, and the market is generally negotiating. In the first half of the week, MEG prices were sorted in a narrow range, and the overall trading was average. Traders changed hands mainly, and the overall buying was more cautious. In the second half of the week, the MEG price was firm and the spot transaction volume was heavy increased. Foreign lockdown has been moderately relaxed, demand  have improved month-on-month, polyester production and sales went up in stages, and short-term polyester loading rate is expected to remain high. MEG’s domestic equipment maintenance is concentrated, the supply and demand pattern has improved month-on-month, and MEG has a support.

4,Polyester bottle chip maintained a range consolidation, with a slight increase on Friday as the performance of polyester raw materials was firm; On the export side, the prices of the Asian polyester bottle chips  are more stable, and some have been moderately raised. Some overseas customers have replenishment in the vicinity of low price levels.At present, the cost of upstream raw materials has increased, but it is still at a low level. The processing range of polyester bottle flake factories is still relatively large shortly. Since May, the speed of shipment has slowed compared with the previous period, and the inventory may have accumulated. The market price of short-term spot orders may continue to maintain a strong trend.

5,Polyester textile chip fell slightly, and the demand side was generally weak. In the first half of the week, the chip prices fell weakly, and traders dumped at low prices. However, with the sharp rise in crude oil in the second half of the week, the polyester raw materials rose, and the market trading atmosphere was obvious boosted. It rebounded slightly after the price stopped falling. Market transactions were light in the first half of the week and buying increased in the second half of the week. The trading volume was mainly concentrated on Friday

6,Polyester filament yarn prices in Jiangsu and Zhejiang fell to promote sales. The production and sales were light after Labor holiday, and the inventory accumulated. In order to promote sales, polyester yarn factories lowered the price. Until Friday, As the raw materials rose, polyester yarn discounts were reduced. The price of polyester yarn in southern China is more stable. In the export market, in May, the overseas unblocking was gradually put on the agenda. At present, the European region has begun to recover, inquiries have increased, and a few orders have been placed locally, but there is still a long distance to return to normal. There are no obvious signs from other countries. The overall export showed a weaker month-on-month improvement trend. It is expected that the price of polyester yarn will remain fluctuation  in the short term

7,Polyester staple fiber sales were weak. Continuing the light trend of last week, PSF transactions were still sluggish this week. Most spinning mills digested pre-stocks and seldom purchased. Due to the lack of inventory in the staple fiber factory, prices tended to drop slightly. Raw materials rose sharply on Friday, the PSF stopped falling, transactions volume increased significantly, and some factory prices rose. The inventory of the PSF factory increased slightly.

8,Viscose staple fiber continued to increase in quotations when VSF factory holds a large number of pre-sale orders, new transactions were very rare this week. The downstream order execution is relatively normal. The super-white VSF performance has been relatively moderate, with market prices at 11000-13000 yuan / ton level, and some new suppliers actually executing at a lower level. Other differentiated fibers did not perform very well. In the overseas market, with the deregulation of various countries, some enquiries have increased significantly, but the firm order still is not much. In the short term, market prices are expected to remain firm.

Crude Oil, Chemical and Fiber Market Week 19

Please check the updated market trend of Week 19:

Data this week – W19

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2020/5/824.743345.003505.000.750.720.761.20
2020/4/3015.063165.003415.000.590.710.721.20
Change9.68180.0090.000.150.020.040.01
Ratio64.28%5.69%2.64%26.11%2.24%4.89%0.53%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2020/5/80.720.870.911.251.671.541.58
2020/4/300.670.830.871.241.681.551.59
Change0.050.050.040.01-0.01-0.01-0.01
Ratio7.13%5.74%4.73%1.02%-0.75%-0.82%-0.40%

Market this week – W19

Summary: Oil rebound, PTA rose, MEG upward, Polyester chip fluctuated, Polyester filament yarn rebounded, PSF increased, VSF stable.

1,Oil prices closed up this week. Oil prices rose slightly on Monday, as the Texas reduction plan “stranded” and oil prices again encountered upward resistance. On Tuesday, oil prices continued to rise for the fifth consecutive trading day, as easing of lockdown measures drove market optimism. On Wednesday, oil prices closed down, ending the five-day rising momentum as U.S. oil inventories increased for 15 consecutive weeks. On Thursday, crude oil demand rebounded, Saudi Arabia raised its selling price, and oil prices closed down. On Friday, traders and investors bet that the US economy is about to recover from the epidemic. Oil production fell and demand began to recover. In addition, the number of US oil drilling continued to decline, and oil prices closed up on Friday.

2, PTA futures opened higher this week, polyester factories and traders actively replenishment, spot basis rose slightly. However, due to the high processing fee of the PTA plant, the load rate is still maintained at a high level, and the accumulation is expected to remain. With the decline in the production and sales of polyester, the buying mood has dropped slightly. Weekly transaction sentiment was acceptable, with traders selling mainly, and traders and polyester buying. Due to the improvement in demand expectations, together with the rebound in crude oil has given PX price support, and polyester production and sales have also improved in stages, but because the current PTA supply is still high, it is expected to continue to fluctuate around cost line.

3,MEG prices are fluctuating and market negotiations are generally. The polyester production and sales performance during the holiday was acceptable, and the overall inventory did not show significant accumulation, which was better than the previous market expectations. After the holiday, the MEG futures opened higher and the overall price fluctuations were narrower. The spot basis narrowed slightly during the week. It is expected that the short-term MEG market will be strongly fluctuate.

4,Polyester chips rose slightly, mainly driven by the sharp rise in crude oil during the holiday. The market transaction in the second half of the holiday was significantly heated. The transaction volume of polyester chips increased and the price gradually increased. After holiday, the buying sentiment weakened gradually as price went down. At present, the factory inventory has dropped to a low level again, but the terminal demand has not been substantially improved. The social inventory is high and the supply side continues to operate under high load. The short-term upward momentum is still limited. It is expected that the polyester chip market will maintain range fluctuations.

5,Jiangsu and Zhejiang polyester filament yarn prices continue to rise. Following the rebound in end of last month, the yarn price continued to rose during holiday which was stimulated by the significant rebound in crude oil and the news of the relaxation of the lockdown in many countries. The terminal restarted the looms while increasing yarn stocks. The price of polyester yarn in southern China has moved up slightly. In the export market, recent export quotations partially increased followed the rise in the domestic market. Foreign customers also have expectations of the easing of lock down, so export inquiries have increased recently, but actual transactions are still relatively limited.

6,Polyester stable fiber prices rose and transactions were smooth. As rebound in oil and demand expectation, downstream spinning mills and traders replenished actively, resulting in smooth sales of PSF during the holiday and a rapid price increase. After the price rose, transactions decreased and the market kept wait and see. Regarding to Non-woven fibers, transaction continued to fall; the coarse denier was no longer in demand; the low melting fiber prices fell to initial position; Hollow staple fiber prices continue to decrease. After the staged replenishment of positions, the market entered the digestion stage, as the PSF factory had no or low inventory, and the short-term PSF is expected to be strong stable.

7,Viscose staple fiber price is tentatively raised in the context of a large number of orders were signed last week.The viscose fiber factory canceled the discount for big order implemented last week and new quotation rose. Some of the previous orders that have not been confirmed before the holiday are still being confirmed this week. The new high price is in a state where there is no market. On the export side, with the easing of the lockdown situation in some overseas countries, the pending orders left over from the previous period began to be renegotiated, and the number of inquiries increased slightly.

Polyester staple fiber machine manufacturer

PP melt blown fabrice machine

KN95 N95 Full automatic Mask machine

Crude Oil, Chemical and Fiber Market Week 18

Please check the updated market trend of Week 18:

Data this week – W18

#WTIPTAMEGPET SDBOTTLEPSF1.4DVSF1.2D
2020/4/3015.063165.003415.000.590.710.721.20
2020/4/2316.503125.003290.000.580.700.751.27
Change-1.4440.00125.000.010.01-0.03-0.08
Ratio-8.73%1.28%3.80%2.18%1.36%-3.70%-5.96%
 POY150DFDY68DDTY150DP30RINGV30RINGV30OEV30MVS
2020/4/300.670.830.871.241.681.551.59
2020/4/230.640.760.851.271.701.571.61
Change0.030.070.02-0.03-0.02-0.02-0.02
Ratio5.33%8.56%2.46%-2.48%-1.11%-1.21%-1.18%

Market this week – W18

Summary: Oil fluctuated and fell, PTA rose, MEG upward, Polyester chip fluctuated, Polyester filament yarn rebounded, PSF fell firstly and stable, VSF dropped sharply and stable.

1,The oil price fluctuated and fell this week. Oil prices fell sharply on Monday, as the market worried that crude oil production in the United States and other regions would not be reduced enough to offset the sharp drop in demand caused by the COVID-19. Investors tried to balance the optimism of the reopening of US companies with the continuing threat of the COVID-19 to American health and the economy, and the fear that there was no place to store oil, resulting in large fluctuations in oil prices recently. On Wednesday, Gilead Technology announced that its research and development of Remdesivir has obtained positive data in clinical trials for the treatment of COVID-19, which has boosted the market and the oil price closed higher immediately.

2,PTA futures went down firstly and then rose, the spot prices followed to increased. On Monday, crude oil continued to fall, and PTA futures fell with weak demand. Although polyester production and sales were rebounded, the buying was weak under the bearish sentiment. In the middle of the week, the increase in PTA futures expanded and polyester factories buying increased . Some large orders were transacted, and the main orders were far-month futures. The transaction was average this week. It is expected that PTA is going to continue shocks consolidation.

3,MEG shocked and upward this week. On Sunday, the MEG price fluctuated slightly, and the market transaction was average. Starting from Monday, MEG prices fluctuated higher due to improved downstream polyester production and sales. The transaction is acceptable. From April to May, MEG supply and demand is expected to slowly change from the previous accumulation to loose balance, and the short-term MEG range is expected to fluctuate.

4,The polyester chip fluctuated at a low level, crude oil rebounded after a sharp drop, and the polyester cost side gradually stabilized. The transaction atmosphere of the polyester chip rebounded moderately. Prices rose slightly in the second half of the week. Buying at low price level increased during the week, but the willingness to chase higher was limited, weekly transactions are generally, mainly replenished as orders.

5,The price of polyester filament yarn in Jiangsu and Zhejiang has been driven up by many factors. At the beginning of the week, the transaction volume of water-jet epidemic protect fabrics increased rapidly, driving the sales of FDY fine denier yarn, and the yarn price increased; In mid-week, as the loss expanded, the POY mainstream factories took the lead to increase. In the atmosphere of rising raw materials and the expectation of economic recovery in Europe and the United States, the polyester factory took the initiative to increase again. The price in South China is generally stable, and transactions have increased. In the export market, some overseas bargain-hunting orders have also been issued recently, and the overall market is still light.

6,At the beginning of the week, the price of Polyester staple fiber was lowered. In the middle of the week, due to the strong trend of raw materials, the decline of PSF slowed down. The sales of spunlace staple fiber remained light; the coarse denier fiber was no longer in demand, and the price of low-melting staple fiber continued to decline. However, due to the strong rising support of polyester raw materials in the second half of the week, the PSF decline slowed down, and the downstream made up positions before the holiday, and the transaction moderately improved. At present, the staple fiber factory is running at full capacity. Due to the shortage of goods in the early stage, the inventory pressure of the staple fiber factory is not large.

7,As the new lower price of viscose staple fiber was applied, concentrated purchases were made by downstream. On Monday, high-end large-scale factories took the lead in lowering prices and implemented tiered sales policy based on purchase volume. Subsequently, other high-end factories followed the price reduction, and mid-range factories implemented listed sales policy. After a sharp drop in prices, the short-term production and sales surged and then price turned to be stable.

4000TPA meltblown fabric project was completed and put into production

4000TPA of Yizheng Chemical Fiber Phase I meltblown fabric project was completed and put into production 年产4000吨 仪征化纤一期熔喷布项目全面建成投产 http://www.xinhuanet.com/english/

English Version Translated by Google Translate

At 13:30 pm on April 28th, Sinopec Yizheng Chemical Fiber’s eighth annual production line of 500 tons of meltblown cloth was put into operation successfully. So far, after 65 days and nights of continuous struggle, the Yizheng Chemical Fiber Phase I 4000 tons / year meltblown cloth project was comprehensive It was completed and put into production, with a daily capacity of 12 tons. A total of 132.5 tons of high-quality meltblown cloth has been produced, and the product quality has reached the standard of KN95 masks, helping to increase the production of 132.5 million medical masks.

According to the decision and deployment of the Sinopec Party Group, in order to ensure the supply of core materials for masks, on February 24, Yizheng Chemical Fiber urgently started the construction of the first phase of a 4,000-ton / year melt-blown cloth project, and built a total of eight melt-blown cloth production lines with an annual output of 500 tons.

Yizheng chemical fiber has been heard and started from zero, emergency cross-border, special affairs and special affairs, focus on major affairs. After 35 days of hard work by more than 600 participants, on March 29, Yizheng Chemical Fiber’s first 500-ton annual meltblown cloth production line was successfully put into production, 18 days ahead of schedule.

After the victory in the first battle, Yizheng Chemical Fiber vigorously carried forward the spirit style displayed in the construction of the meltblown cloth project, conscientiously summed up the successful experience of the construction and start-up of the meltblown cloth production line, while grasping the long-term safe and stable operation of the production line that has been put into production, while fully promoting the follow-up production line Construction and driving. Continue to deepen the recognition and grasp of the key and difficult points such as equipment, installation, process and production, continue to focus on the optimization of various processes and links, continue to do a good job in the supervision of the production of equipment to the goods, and compete for important emergency equipment through air transportation second. After a month of continuous struggle, 7 production lines were completed and put into production, and the first phase of the project was fully completed and put into operation, running out of China’s manufacturing acceleration.

The construction of the first phase meltblown cloth project of Yizheng Chemical Fibre runs from product design positioning to engineering quality, installation quality, and product quality throughout the high starting point and high quality development requirements. After the successive production lines were put into production, Yizheng Chemical Fiber focused on the quality control and improvement of meltblown fabric products, selected a group of high-quality party members to establish a meltblown fabric product inspection commando, and compared it with the approved standards, written procedures, assembled instruments, and methods. The final product inspection has achieved a zero-based start and advanced to high standards. It has completed the inspection of 9900 items of melt-blown cloth products, and passed the product quality inspection results to clarify the direction of quality improvement and improvement. Strictly refer to the CNAS system standards, and implement standard inspections on key indicators such as filtration efficiency to ensure the reliability, accuracy, and authority of the inspection data of melt-blown fabric products. Meltblown fabric products have been sent to nearly 10 downstream mask manufacturers for use and trial. After testing by a third-party testing agency, the quality of Yizheng chemical fiber meltblown fabrics has reached the KN95 mask standard.

At present, Yizheng Chemical Fiber is fully promoting the construction of the second phase 2000 ton / year meltblown fabric project, and is fully committed to the prompt delivery of equipment to the goods, and the 4 production lines will be completed and put into operation in advance. (Lu Xiuhong Zhai Ruilong / Wen Liu Yufu / Photo)

  4月28日下午13时30分,中石化仪征化纤第8条年产500吨熔喷布生产线投产成功,至此,经过65个昼夜的连续奋战,仪征化纤一期4000吨/年熔喷布项目全面建成投产,日产能达12吨。已累计生产优质熔喷布132.5吨,产品质量达到KN95口罩标准, 助力增产医用口罩1.325亿只。

  根据中国石化党组的决策部署,为保障口罩核心材料供应,2月24日,仪征化纤紧急启动一期4000吨/年熔喷布项目建设,共建设8条年产500吨的熔喷布生产线。

  仪征化纤闻令而动,从零起步,应急跨界,特事特办,集中力量办大事。经过600多名参建者35天昼夜奋战,3月29日,仪征化纤首条年产500吨熔喷布生产线投产成功,比计划提前18天。

  首战告捷后,仪征化纤大力发扬熔喷布项目建设中展现出的精神作风, 认真总结熔喷布生产线建设、开车成功经验,一边抓好已投产生产线长周期安全稳定运行,一边全力推进后续生产线的建设和开车。持续深化对设备、安装、工艺、生产等重点、难点的认知和把握,持续抓好各个流程、环节的优化,持续做好设备到货监造催交工作,重要紧急设备通过空运争分争秒。经过一个月连续奋战,建成投产7条生产线,实现一期工程全面建成投产,跑出中国制造加速度。

  仪征化纤一期熔喷布项目建设从产品设计定位,到工程质量、安装质量、产品质量贯穿着高起点、高质量发展要求。一条条生产线陆续投产后,仪征化纤着力抓好熔喷布产品质量控制和提升,选拔一批高素质党员成立熔喷布产品检验突击队,从核定标准、编写规程、组装仪器、手法比对到最终的产品检验,实现了零基础起步,高标准推进,完成熔喷布产品9900项次的检验任务,通过产品质量检验结果,明确质量改进和提升方向。严格参照CNAS体系标准,对过滤效率等关键指标实施带标检验,确保熔喷布产品检验数据的可靠性、准确性、权威性。熔喷布产品已发往近10家下游口罩厂家使用和试用。经第三方检测机构测试,仪征化纤熔喷布产品质量已达到KN95口罩标准。

  目前,仪征化纤正全力推进二期2000吨/年熔喷布项目建设,全力做好设备到货监造催交工作,加快后4条生产线提前建成投产。(陆秀宏 翟瑞龙/文 刘玉福/摄 ) 转摘自 新华网

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