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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.

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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.

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Zhangjiagang Bay: Practice of Ecological Restoration in China

Intro

Zhangjiagang Bay is the last bay before Yangtze River enters the sea and also the first bay where the sea and river meets. Although there were many polluting enterprises and infest-breeding industries, the port is very important to the transportation of the Yangtze River and the economy of Zhangjiagang. Between keeping the existing port area or restoring ecology, the local government chose the latter. Following the UN 2030 Agenda, the practice of Zhangjiagang Bay provides pertinent reference for green and low-carbon development and ecological civilization, that allows for living well within the eco limits, in lower reaches of the Yangtze River and other industrial wharf areas worldwide.

Description

Centred on the national strategy of “Great Protection of the Yangtze River” and riverside ecological restoration, the project has three main goals. First, to convert the industrial land along the river into ecological land so as to realize industrial retreat and restore the river shoreline. Meanwhile, to restore the wetland along the river, and to purify the water while implementing the ten-year fishing ban. Second, to adopt low-impact development, build high-standard dike and ecological landscaping, restrict commercial development and recover the ecosystem. Third, combined with the local cultural features and further-improved ecological environment in Xiang Hill and Shuanshan Island, to guide villages to carry out a variety of green development, such as eco-tourism and modern agriculture, and enhance the public awareness of greening.

Contribution to SDG Implementation

The project eliminates low-efficiency industries, optimizes spatial layout and builds ecological wetland and corridor. It firmly restricts fisheries and commerce, brings wild life and improves water and land quality. These practices are direct to ensuring clean water, industrial restructuring, protection of ecological resources and underwater creatures (SDGs 6, 9, 13, 14, 15). Besides, the restored ecological space is open to the public and local villages further develop eco-tourism and cultural tourism, which creates the employment of villagers and improves their happiness (SDGs 3, 4, 8, 11).

Implementation methodologies

In 2016, China’s central government set up a strategy of “Great Protection of the Yangtze River”, emphasizing the value of environmental economics. In January 2019, a follow-up “Action Plan” was released, pushing forward the protection and restoration of the Yangtze River. Soon after, Zhangjiagang municipal government established the strategic goal of ecological restoration along its 12km coast and formulated the “Zhangjiagang Bay Concept Plan”, focusing mainly on land use change, ecological restoration and rural planning. Back in 2010, local government has begun to clean up enterprises and unapproved construction and ban docks. Since the new 2019 plan, Zhangjiagang Bay Management Office was responsible for the coordination and management. Nearly 26 high-polluting fishing farms and semi-operational port enterprises were removed with agreed compensation based on specified standards, limiting negative impacts to employees. Some of the industrial and port infrastructure was deliberately retained as industrial heritage. Meanwhile, the scheme design was started since June 2019, followed with completion of the main part of construction by December 2020. A total of 3.76 billion RMB is invested to dike reconstruction, shoreline restoration, ecological restoration, road optimization and landscape improvement, aiming to build a 1.4 million m2 waterfront hydrophilic landscape belt. It is financed by Zhangjiagang local government, with future environmental premium and new industries to supplement later. Besides, based on the ecological protection of adjacent Shuanshan Island since 2010, surrounding villages in the region, such as Yongxing Village, have actively built ecological parks, conserved historic houses and brought prosperity to villagers with cultural and eco-tourism.

Results

Once surrounded by high-pollution factories and docks, local residents couldn’t see the river and suffered the pollution. The project has restored the local environment and ecology, protected the creature living places of the Yangtze River Estuary and improved safety of drinking water. So far over 30 hectare of reed and 60,000 m2 greening space has been restored, with endangered specifies being observed again. The local industrial legacy was carefully kept and industrial waste recycled and made into landscape sketches by utilizing the steel making and 3D printing technology of local enterprises. In result, new space of ecological scenery and industrial memory has been created, enhancing the public awareness of ecological value and protection. Further, the infrastructure has been largely improved, based on which leisure agriculture and culture tourism has been practiced in the local villages, where water and soil quality monitoring has been imposed to promote low impact development.

Factors and Constraints

First, China’s national strategy of Yangtze River protection provides a key institutional basis for consensus building. Second, the considerable investment of fund, human capital and local plan-making reflects the determination of the local government in environmental protection and overcoming difficulties. Third, continuous preparation of port rectification since 2010 has laid solid ground for the accelerated phases since 2019. Fourth, the integration of professional groups, expertise and key technologies ensure quality delivery. Although, the long-term costs of investment and maintenance of ecology and environment is a main constraint.

Sustainability and replicability

Before carrying out the Zhangjiagang Bay project, it has undergone field studies on the potential socio-economic impacts and professional planning. Consensus has been widely built, showing a firm adherence supported by formal plans. The popularization of ecological science and annual Yangtze River Culture Festival since 2004 imperceptibly raise the awareness of ecological protection into the daily life of citizens, and social media publicity since its opening up further spreads its ecological protection effects and arouses attention. The project implementation ascribes to clear goal-setting, plan formalization, good team coordination. Such institutional building brings useful reference to other riparian areas along the Yangtze River, Huang River or others keen to recover the ecology from polluting industries. Meanwhile, the removal of industries, the restoration of ecological features, control of commercial and planning of cultural activities can all be thoughts of replicability.

COVID-19 Impact

With the outbreak of COVID-19, the ecological engineering departments of Zhangjiagang Bay project immediately developed responses and maintained zero infection in the area. Special vehicles were used to pick up construction workers in batches. Close attention was paid to their health status and regular disinfection on the construction site was conducted. Meanwhile, regular estimates of construction materials were made in advance and the government coordinates the transportation of materials to ensure timely supply. An information communication system of regular reporting of progress and problems was also established. the project was officially resumed in February 2020, the work efficiency was further improved and the main project was completed according to the original plan in 4 months.

https://sdgs.un.org/partnerships/zhangjiagang-bay-practice-ecological-restoration-china

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MARKET TREND WEEK 28- OIL PTA MEG PET PSF VSF

Market this week – W28

Summary: Oil closed down, PTA fell after rising, MEG oscillated upward, Polyester chip rose and fell, Polyester filament yarn stabilized after rising, PSF rushed high and dropped, VSF increased.

 

1,Oil prices closed down this week. On Monday, OPEC+ failed to break the deadlock within the organization for the third consecutive trading day, which increased the risk that its inaction could lead to a spike in oil prices and stimulate inflation. The differences within OPEC have brought two completely different possibilities to the oil market, which makes the trend of crude oil futures prices elusive. On Tuesday, as the OPEC+ negotiations fell into a crisis, the market was confused about the organization’s next move, and the two major crude oil futures retreated sharply that day. On Wednesday, there were reports that the UAE proposed to sell as much crude oil as possible before demand dries up. Officials familiar with the matter said that the UAE’s strategy is one of the most significant changes in the oil policy of the major oil countries in the Middle East. Due to the uncertainty caused by the OPEC+ deadlock and concerns about the rapid spread of the COVID-19 variants, the market was under pressure, and oil prices fell for the third consecutive trading day. On Thursday, the two major crude oil futures both rebounded after the U.S. Department of Energy Information Administration released its weekly report.

 

2,PTA prices rose first and then fell. At the beginning of the week, WTI futures prices hit a new high. In the middle of the week, crude oil plummeted. PX also plummeted. However, PX prices rebounded sharply on Friday, and PTA processing fees quickly compressed. At the beginning of the week, due to the shutdown of individual installations, the supply of PTA was tight in some parts, traders were reluctant to sell, and the basis was rapidly rising. In the middle of the week, crude oil fell and the new device went into production smoothly. In the short term, under the tight balance in July, PTA inventory pressure is not great. However, with the launch of Yisheng’s new equipment and the restoration of Dushan Energy’s second phase as scheduled, the tight situation in the Zhapu/Ningbo area has been eased to a certain extent, and the regional market may be difficult to reproduce. In the short term, PTA will follow the fluctuations on the cost side.

 

3,MEG oscillated upward. On Monday, MEG prices were firm at a high level, and transactions were average. On Tuesday, MEG prices opened higher and then fell slightly. On Wednesday, MEG prices fell sharply and transactions were good. On Thursday, MEG prices were weakened and the overall buying momentum was generally following. Crude oil recorded its biggest decline in seven weeks, and the commodity market was under significant pressure. In July, the MEG supply and demand pattern maintained a loose balance. Starting from the middle of the month, domestic supply has gradually increased, and the demand side support is still good. It is expected that the short-term MEG market will fall and the consolidation will be the focus.

 

4,Polyester chips rose and fell. Affected by the large fluctuations in crude oil, the market performance first rose and then declined. As crude oil continued to hit new highs, the PTA continued its upward trend at the beginning of the week. Driven by costs, the price of chips rose sharply.in the second half of week,crude oil dropped overnight and TA futures fell from their high points, the quotations of polyester chip factories remained stable. However, traders dumped goods at low prices and the market dropped significantly. At present, there are more stocks in the downstream, market buying has fallen sharply, and factory inventory pressure is not large. It is expected that the short-term polyester chip range will be weak and fluctuating.

 

5,Polyester filament yarn in Jiangsu and Zhejiang remained stable after rising. In the atmosphere of rising raw materials from last week, polyester yarns were largely destocked and lasted until the first half of this week. From last Friday to this Tuesday, polyester yarns were still in the atmosphere of destocking; but starting on Wednesday, the crude oil prices fell sharply overnight. Affected by the atmosphere, the purchasing atmosphere of polyester filament terminals has broken, and production and sales have entered a light period. However, polyester filament factories are atd a low inventory level, and prices remain stable. South China polyester yarns rose too and stabilized in the second half of the week. 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 of the 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, and the short-term forecast is mainly stable.

 

6,Polyester staple fiber rushed higher and fell. From the end of last week to the beginning of this week, due to higher crude oil and polyester raw materials, PSF transactions increased in volume and prices rose. With the drop in oil prices, polyester raw materials and PSF futures callback, the spot market transactions shrank, factories moderately followed the decline. The crude oil and polyester raw materials market fluctuates sharply, which has intensified the wait-and-see attitude of the market, and the downstream raw materials are sufficient. The PSF is expected to remain consolidating and volatile in the short term.

 

7,Viscose staple fiber quotation tried to increase, and the transaction price increased. The quotations of high-end fibers rose, and the transaction prices rose accordingly. Mid-range fiber prices also generally rose on Monday, and transactions tended to firm. The export market is still dominated by South Asia this week. After the phased sales of viscose staple fiber improved, the downward pressure temporarily eased, and the peak season began one after another in August. Market expectations are improving, and prices are expected to rise easily but never fall.

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Brief of polyester hollow conjugated fiber

Brief introduction of polyester three-dimensional hollow conjugated fiber

A new type of polyester staple fiber-hollow conjugated staple fiber is popular in the market. As a filler, this fiber can keep warm and is much lighter than solid fiber in weight, so it is widely welcomed by manufacturers. So what kind of fiber is it, and what are its characteristics?
Hollow polyester staple fiber is a derivative of polyester staple fiber. Hollow refers to a chemical fiber with a thin tubular cavity in the axial direction, and a chemical fiber with a tubular cavity in the axial direction of the penetrating fiber.

Features of hollow polyester staple fiber:
Lighter and warmer: The high hollow structure reduces the weight of the fiber by 20%, and can contain a lot of still air, so that the fabric is light and warm, but its thermal performance is 65% higher than that of solid homogenous fabrics;
Plump and soft: The product becomes a fabric to bring a richer, smoother and comfortable feel;
Dry and moisture permeable: Compared with the daily heavy warm fabric, it is easier to permeate moisture, and it is dry and comfortable.
Uses of hollow polyester staple fiber:
It can be used for winter clothing, bedding and padding flakes, etc.; assembled into microfiltration, ultrafiltration, dialysis, gas separation, reverse osmosis and evaporative permeator, etc.
The hollow polyester staple fiber structure contains a lot of still air, which can bring lightweight elasticity, good moisture permeability and comfortable warmth to the fabric. It is widely used in thermal underwear, underwear, sportswear, casual clothing, shirts, outdoor sports and blankets And many other fields.
Hollow Conjugated Fiber is better than normal Solid polyester fiber.
Polyester fiber fiber is actually ordinary fiber. It is only for good-sounding to add a fiber. In fact, any clothes are made by spinning different kinds of fibers into yarns and then woven into cloth. Hollow cotton is made of hollow fiber. The difference between it and ordinary solid fiber is that its fiber is hollow, so that it has good moisture absorption and perspiration performance, and its warmth retention is much better than the former.

Wechat/whatsapp: 0086 13915721168   Email: jitiesheng@hotmail.com

Polyester Hollow Conjugated Fiber Production Line

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MARKET TREND WEEK 27- OIL PTA MEG PET PSF VSF

MARKET TREND WEEK 26- OIL PTA MEG PET PSF VSF

USD/CNY=6.4, FOB CHINA.

Market this week – W27

Summary: Oil hit new high, PTA rushed and dropped slightly, MEG moved upward, Polyester chip rose, Polyester filament yarn increased, PSF fluctuated, VSF declined slightly.

 

1,Oil prices continued to rise this week. OPEC+ may increase production by 500,000-1 million barrels per day from August, and Iran will stage a strike of oil workers. On Monday, the two major crude oil futures both closed down. On Tuesday, the Delta mutant COVID-19 strain continued to spread, the OPEC ministerial meeting was about to start, and the two major crude oil futures were close to flat. On Wednesday, OPEC+ may discuss extending the oil production agreement until after April 2022, and EIA crude oil inventories have continued to fall to the low point before the epidemic, and U.S. WTI oil has achieved the largest half-year increase since 2009. On Thursday, the OPEC+ Committee recommended gradually increasing oil production for the rest of this year. The United Nations urged the United States to lift sanctions on Iran’s oil before it was too late. U.S. WTI oil hit its highest level in three years.

 

2,PTA price dropped slightly after rushing higher. WTI crude oil prices hit new highs, and the cost side continues to remain strong. At present, the PTA processing fee is acceptable, and the maintenance of some devices has not been determined. The profit of the polyester plant is compressed but the inventory transfer is smooth, the polyester loading rate is maintained at a high level, and the pressure on supply and demand is limited. In addition, mainstream suppliers have reduced their contracted supply in July to 50%, and traders have a clear attitude of reluctance to sell, but the sentiment of replenishment of polyester factories in some areas has a strong basis. It is expected that PTA will maintain strong fluctuations following the cost side in the short term.

 

3,MEG price maintains volatility upward. On Monday, MEG prices were adjusted broadly, and market discussions were general. On Tuesday, the MEG market consolidated within a narrow range, and overall trading was average. On Wednesday, MEG prices fluctuated and fell, and market discussions were general. On Thursday, MEG prices were in a narrow range, and the market was trading in general. This week, the domestic operating rate can rise to above 66%. In the short term, the MEG market will follow the cost side.

 

4,Polyester chips consolidates slightly. Crude oil remained strong, polyester raw materials surged, and   quotations were raised. This week, the sales of polyester chips were average, and the low-end buying momentum in the market was acceptable, but the willingness to catch up with high quotation was limited. The short-term polyester cost end support is strong, the inventory pressure of the chip factory has eased, and the low price is supported. It is expected that the polyester chip range will fluctuate strongly in the short term.

 

5,Polyester filament yarn inventory in Jiangsu and Zhejiang has decreased and the price has risen. Since polyester yarns were destocked last week and this Monday, the inventory pressure has been greatly eased. Among them, POY has entered a neutral low state. The continuous rise of crude oil and the increase in terminal operations have given polyester yarn factories a certain degree of confidence. Prices have risen.

South China polyester yarns rose slightly from last Friday, and destocking also occurred. In the export market, with the pushing of increased costs, the export quotations have risen sharply, and transaction prices have also moved up. This week’s export orders have improved, among which Bangladesh’s orders are generally better, and the other regions have also increased in just-needed purchases. It is expected that the price of polyester yarn is likely to rise but not fall in the short term.

 

6,Polyester staple fiber dropped moderately, transactions were average, and cash flow was near the cost line. After the concentrated replenishment of positions last week, under the volatile adjustment trend of crude oil and polyester raw materials, the PSF was weakly adjusted, the futures basis was maintained, and the mainstream transaction prices were slightly lowered. In the second half of week, PSF futures rebounded,  and spot prices rose slightly. The raw materials are strong, and PSF has short-term cost support, but the rise also lacks continuous driving force. The short-term market maintains a wait-and-see trend of digestion.

 

7,Viscose staple fiber declined slightly, and the transaction continued to be deserted. The quotations of the two high-end factories were stable, and the actual execution was generally stable, and the prices of goods from traders were slightly lower. The mid-range fiber has a more obvious decline, and there are lower rumors in some parts. Trader prices also followed the decline, and the overall transaction volume was limited. The downstream vortex spinning rose slightly, but it has not been able to significantly boost VSF. In the export market, there are still some inquiries in South Asia, and some export markets are recovering well. However, the overall situation is far from recovering, and some ocean shipping is affected by extremely high ocean freight and has not yet returned to normal. It is expected that the short-term price will be mainly stable, and some small factories may decline slightly in order to compete for market share.

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3mm super short fiber cutting machine

3mm super short fiber cutting machine

◆ The maximum mechanical design speed of this model is 260m/min, and the shortest cutting length can reach 3mm;
◆ Adopt vertical axial pressure cutting form;
◆ The transmission mode adopts the form of single motor + belt transmission, through a power output device composed of a frequency conversion motor, a pulley and a synchronous belt;
◆ The structure of adjustable timing belt tension can effectively ensure the stability and reliability of the power output device, the operation is faster and stable, and the control accuracy is higher;
◆ The motor is equipped with a brake device to prevent the cutter head from reversing due to the tension of the tow when the machine is stopped during the cut-off period, and it also serves as an emergency brake;
◆ In order to meet the cutting ability of ultra-short fibers, the layout of the blades is specially designed to minimize the friction between the passing fibers and the blades;
◆ Clean and neat fiber section, will not melt the fiber, and there is no over long or double-length fiber;
◆Reduce the bending force acting on the knife surface to a minimum, ensure the longest service life of the blade, and greatly save the production cost and efficiency.

Please contact with us if you are interested in this cutter

Email: jitiesheng@hotmail.com   

Mobile/wechat/whatsapp: 008613915721168

Introduction to the use of ultra-short fiber

Ultra-short fibers generally refer to any short fibers with a cut length of less than 20mm. The specifications of these products require a variety of fiber forms and cut lengths. As far as I know, its application scope is the enhancement of plastic materials such as hygiene products, non-woven products, papermaking, paint and concrete. As far as PET products are concerned, they are mainly used for papermaking and the reinforcement of asphalt materials. Generally, the single filament denier range of fiber is about 6 denier, and the low ones can reach 0.5 denier. The applications are as follows:

3-6mm: Generally used for papermaking, sanitary products, medical products, etc.

6-20mm: General auto parts (such as battery filter paper), filter materials, plastic material (asphalt) reinforcement, non-woven products, etc.

The most important quality of ultra-short fiber products is the uniformity and accuracy of the cut length of the fiber. This is easy to understand. If the length of 38mm is cut, the length of 39mm may be normal, but 3mm and 4mm are two varieties. But if it is an ultra-short fiber used for reinforcing materials, in addition to the accuracy of the cut length, dispersion is the most important indicator. But the dispersibility is generally ensured by adding a dispersant. Therefore, as the equipment for producing ultra-short fibers, the most critical is the cutting equipment and the tension control system. In addition, packaging should consider the requirements of sealing (because ultra-short fibers are like dust). Other technical issues should be resolved smoothly.

 

1. Application fields of polypropylene (PP) ultra-short fiber:

1. Engineering fiber:

Mainly used to improve the impermeability and crack resistance of mortar and concrete. This kind of ultra-short fiber is characterized by small diameter, generally without crimp, and relatively high requirements for dispersibility. Generally, special fiber surface treatment technology (such as three-lobe type, etc.) is used to improve the physical contact between the fiber and concrete. force. At present, there are more domestic manufacturers of this ultra-short fiber, mainly because the product has relatively low requirements for the accuracy of the cutting length, and the investment in equipment is relatively small, so that the quality of the product is uneven.

The general performance indicators of engineering fibers are as follows:

Density: 0.91

Length: 3mm, 6mm, 10mm, 12mm, 15mm, 20mm

Elastic modulus: >3500MPa

Tensile strength: >400MPa

Anti-acid and alkali: strong

Packing form: bagged

General dosage: average 0.9 kg/m3 concrete

 

Because polypropylene fiber itself has the characteristics of non-water absorption, strong acid and alkali resistance and elastic modulus equivalent to that of concrete, it can greatly improve the impermeability, abrasion resistance, crack resistance, impact and fatigue resistance of concrete after adding. . It has been widely promoted in developed countries abroad, and can be used in projects with special construction methods such as concrete pavements, bridge decks, airport pavements, rivers, dams, reservoirs, tunnels and mine walls, and can extend the service life of the project.

 

2. Paper fiber:

Paper fiber is divided into dry papermaking and wet papermaking. Generally, polypropylene fiber is mainly used in the field of dry papermaking, that is, puffed soft paper. Puffed soft paper is a new type of disposable sanitary material, which can be made into high-density dust-free paper absorbent core material, which is used to meet the special needs of high absorption capacity and improve the liquid holding effect. It can also be made into a low-density absorbent core material for medical materials. The polypropylene fiber used in dry papermaking is a sheath-core composite fiber, the surface layer is made of low melting point material, and the core layer is made of PP or other materials. In dry papermaking, a certain temperature is used to melt the low-melting skin layer, thereby uniformly bonding with wood pulp fibers and other water-absorbing materials to form a base material. The ultra-short fiber is characterized by a two-component structure, with less crimp or no crimp, and high antistatic and dispersibility requirements.

This product is mainly used in disposable medical appliances (mattresses, surgical gowns, dressings, etc.), sanitary napkins and changing pads, cosmetic paper, high-end household daily necessities, etc. According to overseas information, the consumption of expanded soft paper in the United States alone is nearly 1 million tons per year, and it is increasing every year.

 

In terms of wet papermaking, polypropylene ultra-short fibers are mainly mixed with other fibers to make paper with wet strength requirements, such as filter paper and tea bag paper.

 

3. Non-woven fabric fiber:

In the past, most of the fibers for non-woven fabrics were conventional fiber products. However, with the special requirements of automobile interior decorations, non-woven fibers are also required to be ultra-short fibers with a length of less than 20mm. The ultra-short fiber is characterized by low strength, high elongation, and a length generally above 6mm-20mm, without crimp or with small crimp. This product is mainly used in automotive interior materials, but also in the manufacture of other substrates such as furniture decoration. At present, ultra-short fibers and fibers such as polyester, viscose or polyamide/wood pulp have been mixed in proportion to be used in industrial wipes such as floor cloths and automotive polishing cloths to improve their wear resistance.

 

2. Application fields of polyester (PET) ultra-short fibers:

1. Paper fiber:

Polyester ultra-short fiber is mainly used in the wet papermaking industry. This type of ultra-short fiber is characterized by good antistatic and dispersibility, good hydrophilicity, high strength, good toughness, low heat shrinkage, and generally no curling , The length range is 3mm-12mm. Using this kind of polyester ultra-short fiber and plant fiber to make paper by interaction can enhance the strength of the paper, improve the performance of the paper, and expand its use. It can be used to make recycled paper, filter paper, anti-counterfeiting tickets and other special papers.

 

2. Engineering fiber:

Due to its higher melting point, polyester ultra-short fiber is mainly used for crack resistance and reinforcement of high-grade highway asphalt. The general performance indicators are as follows:

Length: 4mm-20mm

Specific gravity: 1.36/g.cm-3

Melting point: >250 degrees

Breaking strength: >700MPa

Elongation at break: 18-35%

Curl degree: none

 

After adding polyester ultra-short fibers, the thermal stability, hydrophobicity and fatigue resistance of the asphalt pavement can be greatly enhanced, greatly extending the service life of the expressway and reducing maintenance costs.

After adding polyester ultra-short fibers, the thermal stability, hydrophobicity and fatigue resistance of the asphalt pavement can be greatly enhanced, greatly extending the service life of the expressway and reducing maintenance costs.

 

3. Other industrial uses:

Polyester ultra-short fibers can also be used in the manufacture of industrial battery plates and separators, paint fillers for ships and ships, and can be used for flocking and replacing asbestos as building reinforcement materials and other purposes.

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MARKET TREND WEEK 26- OIL PTA MEG PET PSF VSF

Market this week – W26

Summary: Oil hit new high, PTA rose, MEG rebounded, Polyester chip rose quickly, Polyester filament yarn promoted and increased, PSF rose with heavy volume, VSF stabilized weakly.

 

1,Oil prices fluctuated and closed up this week. Oil prices both closed up on Monday, and the US WTI and Brent crude oil futures prices both hit their highest closing prices since 2018. Although price indicators and inventory data show that demand exceeds supply, there are still people who worry that OPEC+ will increase production, and the two major crude oil futures failed to continue the gains of the previous trading day on Tuesday. Benefiting from increased vaccination and relaxation of COVID-19 epidemic restrictions and exports, US oil inventories fell by 6.3 million barrels. At the same time, there are reports that OPEC+ is considering increasing its daily oil output by 500,000 barrels, which is lower than the generally expected 1 million barrels per day, which has boosted oil prices. The two major crude oil futures edged higher on Wednesday. As demand rebounded from the slump in the epidemic, the Oil price has soared above the $75 mark, reaching its highest level in two years. However, Saudi Arabia has stated that as the market is still fragile, the group of oil-producing countries will only be cautious about restoring production when they meet next week. The two major crude oil futures continued their gains on Thursday.

 

2,PTA spot prices rose broadly, setting a new high since 2020. Crude oil are still strong, supply growth is slow, and the PX device declines,which also boosted the increase in the cost side. Mainstream suppliers announced a 30%-50% reduction in July contract volume supply. The market is worried about liquidity issues in the later period, and there is a general reluctance to sell. The polyester load is still supported, but with the increase in prices, the purchasing enthusiasm has weakened, which inhibited the market’s transaction atmosphere. On the whole, the cost side support is obvious, and the short-term supply of PTA is limited. Under the support of polyester load, PTA follows the cost side fluctuations.

 

3,MEG rebounded. On Monday, MEG prices went down, and the intention to sell on the market was strong. On Tuesday, MEG prices rose strongly, and market negotiations were fair. On Wednesday, MEG prices rose strongly, market negotiations were general, and the spot basis on the market weakened. On Thursday, MEG prices fluctuated and firmed, and overall market negotiations were deadlocked. Some coal chemical plants have been overhauled, and the coal-based operating rate has dropped to around 42%. From June to July, MEG’s overall inventory accumulation is limited, and social inventory is still accumulating slightly, and most of it is reflected in explicit inventory. However, the crude oil market has performed strongly recently, and the cost end is well supported. It is expected that the MEG market will fluctuate widely in the short term.

 

4,Polyester chips is rising rapidly. As crude oil continued to surge and hit new highs, polyester raw materials continued to rise, and polyester costs rose sharply, driving the polyester market’s trading atmosphere to recover significantly, and chip prices continued to rise. The short-term polyester cost end support is strong, and the current terminal demand is still weak. The downstream bargain-hunting is mainly demanded and the willingness to speculate and stockpiles is limited. The short-term polyester chip range is expected to fluctuate strongly.

 

5,Polyester filament yarns in Jiangsu and Zhejiang are mainly sold by promotion. The overall quotations are raised. The cost side continues to rise, but considering new capacity in July and the relative weak terminal fabric business, the polyester yarn factory promoted on Tuesday. From Wednesday to Friday, the quotation of polyester filament factories rose due to the boost from the cost side: South China polyester filament quotations rose this week, driven by costs. As for the export market, export quotations have been raised overall. Recently, export orders have continued to improve. After a period of adaptation, some foreign customers have gradually begun to accept the current high freight rates. Market inquiries have increased significantly, and orders for replenishment have been relatively good. The short-term forecast for polyester filament yarn is strong.

 

6,Polyester staple fiber futures rose strongly with heavy trading volume. At the beginning of the week, factory prices remained stable, and the rising futures pushed up the current low prices. The transaction gradually improved and rose slightly. In the middle of the week, futures rose sharply, the basis of the futures was appropriate, and a large number of purchases were made. Traditional traders and spinning mills also made moderate cover-ups, and prices rose rapidly. Then downstream customers gradually wait and see.

 

7,Viscose staple fiber remained stable and fell, with few new transactions in the market. Although the quotations of the two high-end factories are relatively high, the actual transaction is difficult, and they are mainly based on preferential negotiations for fast shipments. The quotations of the mid-range fiber segment have tentatively increased, but the actual signing prices vary. In the export market, Pakistan has a certain demand this week. Affected by the high sea freight, it is still difficult to export. The short-term VSF market is expected to have weak and stable prices.

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Market trend week 25- Oil PTA MEG PET PSF VSF

TXMC Fiber Machinery

Market this week – W25

Summary: Oil closed up, PTA fell after rising, MEG fell from high, Polyester chip fluctuated, Polyester filament yarn continue to promoted , PSF rose and fell slightly, VSF stabilized with tentative increase.

 

1,Oil prices fluctuated and closed up this week. Due to the increasing demand for crude oil in the market, and the prospect of Iranian crude oil returning seems more distant than initially expected, on Monday, the two major crude oil futures went up and down in shocks. The latest data released by the American Petroleum Institute shows that as of the week of June 11, US API crude oil inventories fell for the fourth consecutive week, and the decline was the largest since the beginning of this year. Russell Hardy, CEO of Vital, the world’s largest independent oil trader, said that global diesel demand has now returned to its pre-epidemic level, and gasoline demand will return to its pre-epidemic level in the fourth quarter. Petrochemical demand has exceeded the level of 2019. Boosted by multiple positives, the two major crude oil futures rose strongly on Tuesday. Indian fuel sales showed signs of recovery, pushing the US WTI crude oil futures to $73/barrel on Wednesday. The latest data released by the U.S. Energy Information Administration (EIA) on Wednesday showed that U.S. crude oil inventories have fallen for the fourth consecutive week, the largest drop since April. On Thursday, the Fed’s June FOMC resolution was surprised by the hawks overnight. The US dollar index rose to a two-month high on Thursday, putting pressure on US dollar-denominated oil prices, and the two major crude oil futures both closed down.

 

2,PTA spot prices fell after rising. The main factor for the rise is the rise in the cost side. In terms of PX, the supply is expected to increase, and the growth rate is limited. Two sets of PTA units have restarted this week, but considering that the polyester load has risen steadily, the pressure on supply and demand is not large, and the tightness of local supply sources has eased. On the whole, crude oil is expected to remain volatile, which still supports PTA prices. The polyester load has risen steadily, which also supports demand. It is expected that the short-term PTA will still be dominated by range fluctuations.

 

3,MEG spot rushed higher and lowered this week. At the beginning of the week, MEG prices opened higher, and market discussions were general. On Wednesday, MEG opened higher and then fluctuated. The market was mainly supported by the upward movement of crude oil, and then the market surpassed and fell. On Thursday, MEG prices fluctuated widely, and market negotiations were fair. At present, MEG cash flow  are below the profit and loss line, and MEG cost support is acceptable under the upward trend of crude oil. Although MEG has entered the accumulated inventory channel, the overall range is limited, and the basic performance is mainly loose and balanced. At the same time, the MEG spot price is lower than the monthly average price, and the demand for replenishment in the low market appears. However, due to the expectation that new devices will be put into production one after another, the price upward will be hindered. It is expected that the short-term MEG market will be dominated by shocks.

 

4,Polyester chips rose slightly. In the first half of the week, crude oil continued to rise sharply, which led to a rebound in raw materials. The buying of polyester chips rebounded and prices rose from a low level. However, in the second half of the week, as crude oil rose and fell, the market returned to quiet. Crude oil fluctuates strongly, but polyester raw materials are still suppressed by new capacity, short-term cost fluctuations are intensified, terminal demand is still weak, downstream bargain hunting is mainly demanded, and speculative hoarding is limited. It is expected that short-term polyester chips will remain range-bound.

 

5,Polyester filament yarn in Jiangsu and Zhejiang continue to be sold on weekly promotion after the festival, . During the Dragon Boat Festival holiday, the downstream looms stopped sporadically, and the terminal mainly digested the raw materials prepared before the holiday. The polyester filament factory remained stable for the holiday, and the inventory rebounded again; considering the relatively high inventory and the weakening market outlook, the polyester filament factory again concentrated on promotion sales on Wednesday. However, on the whole, the transaction is basically the same as the pre-holiday promotion; the price rebounded on Thursday; it was stable again on Friday. Markets in South China still hold steady except a rise of Jinlun factory on Thursday. In the export market, export quotations rose slightly, export orders were basically the same as last week, and ocean freight rates continued to remain high. With the exception of some just-needed replenishment, it was still difficult to negotiate orders. The price of polyester yarn is expected to be stable and weak.

 

6,Polyester staple fiber has risen and fallen, and downstream replenishment have been covered up in stages, and factory inventories have declined slightly. Driven by the rise in crude oil in the first half of the week, PSF futures rose, spot transactions increased, and prices gradually followed up. In the second half of the week, affected by the macro-needs, futures stopped rising and callback, crude oil fell, and PSF spot also appeared preferential concessions. PSF cash flow is compressed to near the cost line. Due to the smooth delivery of goods in the first half of the week, the PSF factory went to the warehouse slightly this week. It is expected that in the short term, PSF will mainly fluctuate in the range following the raw materials.

 

7,Viscose staple fiber continued to stabilize, and some quotations increased. The two high-end factories maintain higher quotations, and actual operations vary. The quotations of some mid-range fibers are also tentatively rising. Most factories still continue to implement orders signed at the end of last month to the beginning of this month. In the export market, individual factory orders in the export market have increased. At present, viscose staple fiber lacks hot spots, and due to the continuous downturn, the downstream has a risk aversion, and there are situations in which viscose products are avoided locally. Under this circumstance, it is expected that viscose staple fiber will hardly perform well in the short term.

 

Week 24 

Our Fiber Machinery Product

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Market trend week 24- Oil PTA MEG PET PSF VSF

Market trend week 23- Oil PTA MEG PET PSF VSF

USD/CNY=6.35

Market this week – W24

Summary: Oil both closed up, PTA fluctuated, MEG fell from high, Polyester chip dropped slightly, Polyester filament yarn continue to promoted and returned, PSF fell slightly, VSF stabilized with tentative increase.

 

1,Oil prices both closed up this week. On Monday, the two major crude oil futures both closed down. OPEC Secretary-General said that in April, OECD oil inventories fell by 6.9 million barrels, and it is expected that they will fall further in the next few months; the OPEC + production cut implementation rate in April was 114%. Crude oil futures prices closed higher on Tuesday, and the market expects that US energy demand will further improve. According to a recent survey, major oil-producing countries have implemented plans to gradually increase production. At the same time, traders are also weighing and considering the forecast that the US domestic crude oil inventory data is expected to decline for the third consecutive week. On Thursday, the U.S. government lifted sanctions on some Iranian oil officials, and U.S. oil futures subsequently plunged in a short-term. The US and Burundi oil futures subsequently rebounded and turned up.

 

2,PTA remained fluctuated in a range. Crude oil remained strong and fluctuated. PX fluctuated weakly at the beginning of the week. In the middle of the week, the price of PX rose due to unexpected shutdowns of individual devices. At the beginning of the week, Sanfang equipment was stopped. In the second half of the week, Yangtze and Yisheng restarted one after another, and the supply was slightly reduced. At the same time, with the recovery of individual installations, the polyester loading rate increased and the supply and demand improved. PTA is expected to maintain a range-bound trend in the short term.

 

3,MEG prices fell from high levels, and market transactions were fair. In the first half of the week, affected by the commissioning of a large-scale new device in China, MEG price fell rapidly. The intention to sell on the market was strong, and the spot transaction price was lower. In the second half of the week, MEG prices were broadly consolidated, and the spot prices were significantly lower than the monthly average prices. During the process, some traders on the market were actively replenishing goods. The cost of MEG cash flow is below the profit and loss line. In the process of strong operation of the crude oil market, MEG cost support is acceptable. It is expected that the short-term MEG market will be subject to turbulence and consolidation, with strong support at the low level.

 

4,Polyester chips dropped slightly. Although crude oil continued to rise and hit new highs, polyester raw materials fell. The chip market saw a general trading atmosphere, and downstream demand purchases increased. However, they tended to purchase at low prices and lacked the willingness to catch up with high offer. Low-level buying picked up in the second half of the week. The short-term cost side continues to fluctuate within the range, and the downstream purchase as actual demand mainly.

 

5,Polyester filament yarn in Jiangsu and Zhejiang continue to promoted. Since the promotion at the end of May, the production and sales of the polyester yarn factory have continued to be weak, and the inventory has risen. At the same time, in order to ensure the efficiency of the texturing process and reduce the risk of production stopping of texturing machine, the polyester yarn factory carried out a promotion on Wednesday. Production and sales were concentrated on Wednesday, and the inventory fell, the price of polyester filament factories returned on Thursday. The South China Polyester filament held steady talks. In the export market, the export quotation was slightly lowered, and actual transactions were mainly negotiated. The recent export orders have improved compared to before, mainly due to the increase in foreign orders for replenishment. At present, the excessively high shipping charges in China have led to a prominent disadvantage in the price of domestic polyester yarn in the international market, and the overall price of polyester filament yarn is expected to be weak.

 

6,Polyester staple fiber is mainly based on negotiation, and factory sales are average. PSF futures fell on Monday, and the spot price fell accordingly. Some factory price hold stable, and the market spreads between high and low prices. Subsequently, due to the continued decline in futures, factory prices gradually followed the decline, while the current spreads strengthened. In the second half of the week, PSF stopped falling and stabilized, and the current low prices in futures gradually rose, gradually moving closer to factory prices. This week, raw materials have fallen more sharply, and PSF cash flow has improved slightly. If crude oil and polyester raw materials do not experience major fluctuations, the PSF is expected to remain range-bound.

 

7,Viscose staple fiber prices were generally stable, with some tentative increases. In the first two weeks, the VSF factory concentrated on signing a large number of orders, and the orders were relatively saturated. Starting this week, quotations have been gradually increased, and the actual execution price has moved up slightly. In the export market, foreign demand is still recovering, with a slight increase in some parts, but it has not yet returned to a normal level. The new offer is slightly higher. The sales pressure of VSF factory in the short term is not great, and the VSF price is expected to be stable in the short term.

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Low melt fiber for Wadding

Polyester Low Melt Fiber(LMF BICO Fiber) LMF available in Dubai UAE

Commonly used as a binder fibre in core-sheath constructions, our Polyester Low Melt LMF (CoPET/PET) fibre bonds to other polyester fibres to produce wadding, insulation, filtration, automotive, and other products where heat is used to bond the fibres. This fibre is normally blended with solid polyester fibres or recycled materials.

Please contact with me for fiber and  Lianheng fiber machinery: 0086-13915721168
or jitiesheng@hotmail.com

Other Bi-co fibres are also available: PE/PP, PE/PET, PE/PP

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Market trend week 22- Oil PTA MEG PET PSF VSF

Market this week – W22

Summary: Oil rose, PTA fluctuated and rose, MEG kept strongly, Polyester chip fluctuated, Polyester filament yarn kept promotion weekly, PSF fluctuated, VSF plummeted.

1,Oil prices have risen for four consecutive times this week. Vaccination programs in Europe and the United States will allow more people to travel, and investors remain optimistic about the recovery of fuel demand this summer. The two major crude oil futures rebounded on Monday from last week’s decline. On Tuesday, crude oil closed higher. API said that US crude oil inventories decreased in the past week and the approaching northern hemisphere’s summer driving season boosted oil prices. On Wednesday, the two major crude oil futures continued their gains this week. The impact of the hacking of the oil pipeline company Colonial Pipeline continues, and the operating rate of the US East Coast refinery has reached its highest level since June 2019. With the exception of the Rocky Mountains and the West Coast, the volume of oil processing in other regions increased last week. Oil prices continued to rise on Thursday, as the progress made in the reopening of the European and US economies offset the impact of weak Indian demand on the oil market. JPMorgan Chase raised its forecast for the average price of U.S. oil and Bursa oil in 2021. According to a new document from the US Department of Justice, the Biden administration stated that it will continue to support ConocoPhillips’ oil projects in the Alaska National Petroleum Reserve.

2,PTA market fluctuated and rose. Crude oil prices remained strong and fluctuated, which provided significant support at the cost side. At the beginning of the week, mainstream suppliers significantly reduced the supply of June contracts, coupled with the fact that the spot price was lower than the monthly average price, the market buying momentum increased, and the spot basis strengthened. From the perspective of supply and demand, in June, Hengli, Honggang and other equipment have maintenance plans, and the commissioning of new equipment has been delayed. Supply and demand are expected to be de-stocked. In mid-week, under the expectation of tight spot liquidity, the basis will continue to maintain a strong. With the increase in PTA prices, the purchasing enthusiasm of polyester factories has gradually declined, and the buying momentum has fallen. On Friday, polyester production and sales increased, and the enthusiasm for purchasing raw materials was still relatively general.  At present, the performance of the crude oil side is relatively strong, and there is still some support on the cost side. From the perspective of supply and demand, the overhaul in June has gradually become clear, and the supply and demand are deviating from expectations. With the contraction of suppliers, the decline in basis may be limited, and short-term PTA prices are still supported.

3,MEG maintains strong volatility. On Monday, MEG prices rose slightly and fell back, and market negotiations were fair. On Tuesday, MEG prices fell and the spot basis weakened significantly. On Wednesday, MEG prices rose sharply, and market transactions were active. On Thursday, MEG prices fluctuated and firmed, and the market was still buying. The MEG market is still in the long-short game, and the mid-to-long-term new equipment put into production is obviously suppressed. However, the overall supply of overseas markets is still tight at the moment. Although import arrivals in early June can show a short-term concentration, it is still difficult to see an effective long-term recovery. At the same time, the near-end port inventory is still at a low level. Although supply and demand entered the accumulating channel in June, the actual range still needs to be determined by the output of new devices. The short-term MEG market is relatively strong.

4,Polyester chips fluctuated within a narrow range. Driven by the sharp rise in crude oil, the cost of polyester rose during the week, and the low price of chips rose slightly. However, the terminal demand was weak, and the willingness to buy in the market was limited, and downstream low-level purchases were the main focus. This week, polyester chips sales turnover is general, with low-level buyers just in need. Crude oil has risen again, and the short-term polyester cost support has strengthened. However, under the influence of the recent macroeconomic perspective, the raw material end has also fluctuated greatly, while the terminal demand is still weak. The inventory pressure of polyester factories is high, and the market purchase mentality is cautious. It is expected that short-term polyester chip maintains a range of oscillations.

5,Polyester filament yarns in Jiangsu and Zhejiang are still on promotion on Friday, which discount is larger than the previous few times. In the last week of May, from Monday to Thursday, the polyester filament factory remained stable, with low production and sales; the polyester filament factory concentrated on promotion on Friday. South China polyester filament remained stable from Monday to Thursday, and price of few specifications fell. In the export market, export quotations were slightly lowered, and actual transaction prices were mainly negotiated. In near future, except for some large factories that are still selling at low prices and with good sale turnover, other factories sales was not good. The main reason is that there are certain differences in prices between factories quotation and the target price of foreign customers due to different outlook of the markets, which makes it more difficult to negotiate orders. At present, the inventory pressure of polyester filaments is still prominent, and the overall price of filaments is expected to be weak in the short term.

6,Polyester staple fiber continues to maintain a range consolidation, sales are still light, and inventories are accumulating. In the first half of the week, PSF futures fluctuates and rises, factory prices are stable, basis between futures price and spot price are strong, and low market prices are gradually rising. In the second half of the week, PSF futures fell again, spot price followed the decline, and the futures basis weakened. On Friday, futures pulled up, and the low level rose slightly. Some factories announced their overhaul plans in June. PSF cash flow continues to be compressed. The current staple fiber price is approaching the cost line. If production cuts are increased or implemented, supply and demand in June are expected to change.

7,Viscose staple fiber prices fell sharply. The market was relatively stable in the first half of the week, with no significant adjustments from the factories. But in the second half of the week, news of low prices from major manufacturers increased, and some price policies became clear on Friday. The lower prices of major manufacturers are based on the previous cooperation, high-end fiber plummeted by RMB 1,200/Ton to around RMB 13,000/ton. Other factories said they followed the decline, but the specific pricing is unclear. Market price is chaotic. Individually higher quotations are at 13,800 yuan/ton, and the weekend market is more difficult to describe. The export market is also relatively difficult at present. Compared with the international market prices of India and Indonesia, domestic companies have difficulty in following up. With the introduction of high-end manufacturers’ prices, other factories are under greater pressure to lower their prices, but it remains to be seen what price levels will fall next week.

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Meet me at ITMA ASIA CITME

Meet us

June 12-16, 2021 National Exhibition and Convention Center Shanghai·China·

“China International Textile Machinery Exhibition and ITMA Asia Exhibition” (ITMA ASIA + CITME) is formed by the combination of “China International Textile Machinery Exhibition” and “ITMA ASIA”. It is a joint action taken by the world’s most important textile machinery industry associations such as China, European countries and Japan to protect the interests of textile machinery manufacturers and customers in the textile industry around the world and to improve the quality of textile machinery exhibitions.

China Textile Machinery Association, European Textile Machinery Manufacturers Committee and its member associations, as well as the United States Textile Machinery Association, Japan Textile Machinery Association, Korea Textile Machinery Association, Taiwan Machinery Industry Association and other major textile machinery associations in the world, all solemnly reiterate: “China International “Textile Machinery Exhibition and ITMA Asia Exhibition” is the only exhibition they strongly support in China.

After being successfully held in 2008, 2010, 2012, 2014, 2016, and 2018 respectively, the “2020 China International Textile Machinery Exhibition and ITMA Asia Exhibition” continues to provide services to global textile machinery manufacturers and customers in the textile industry. The concept of high-quality service, together with strong forces, creates a platform for mutual exchange and common progress for global textile machinery manufacturing enterprises and textile industry professionals. 2021 China International Textile Machinery Exhibition and ITMA Asia Exhibition will be held at the National Exhibition and Convention Center (Shanghai) on June 12-16, 2021

Fiber Production line and Machinery 

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MARKET TREND WEEK 21- OIL PTA MEG PET PSF VSF

Market this week – W21

Summary: Oil fell, PTA dropped back, MEG went down, Polyester chip weakened, Polyester filament yarn kept promotion weekly, PSF fluctuated, VSF weakly stabilized.

 

1,Oil prices fluctuated and closed down this week. Crude oil futures prices rose slightly on Monday and recorded their highest closing prices in two years. Despite the epidemic outbreak in parts of Asia, the market is more optimistic about the rebound in fuel demand in the United States and other regions. There were market rumors on Tuesday that Iran’s nuclear talks might make progress, putting pressure on crude oil prices. In the second half of the week, as the Colonial Pipeline’s gasoline supply decreased, the U.S. Gulf Coast gasoline inventory rose to the highest level since August 2020. In addition, the COVID-19 situation in India is still severe, the number of new deaths in a single day has set a record, and the medical system is on the verge of collapse. The weakness of the stock market has led to increased pressure on risk aversion. Crude oil prices continued to fall.

 

2,PTA rose high and fell, and the atmosphere for market discussions was general. The price of WTI fell from the high point, and the price of PX fell. Although Fuhua reduced the load and some production lines of Yisheng were shut down, few installations recovered during the week and the loading rate increased to 82.6%. At the same time, the high product inventory of polyester factories and the compression of cash flow have gradually increased production cuts, and the supply and demand of PTA have gradually begun to accumulate. However, due to the fact that the spot price during the week was lower than the monthly average price, the buying interest of polyester factories was active, and the spot spot was still tight, and some suppliers repurchased, the basis performance was relatively strong. Under the expectation that the polyester plant will drop negatively, PTA supply and demand are expected to maintain a broad balance.

 

3,MEG price is wide-ranging, and the market negotiation is acceptable. In the first half of the week, MEG fluctuated upwards under the boost from the cost side. Spot price followed the rise, and selling order increased in the market. Under the adjustment of the commodity market in the middle of the week, MEG was under pressure and the spot transactions were low. As of Friday, the spot performance during the delivery period was tense, traders actively participated in replenishment, and spot prices rebounded. This week, the domestic operating rate of MEG dropped to 65%, and the increase in domestic production during the month was average. In addition, the new arrival of imported goods has been delayed, and the import volume in May is expected to be revised down. The short-term MEG port inventory will continue to operate at a low level. Under the short-term replenishment demand, market buying support is relatively strong, and the spot market is relatively strong.

 

4,Polyester chips continued to be weak. Crude oil rose sharply and then fell sharply. In addition to the overall weakening of the domestic commodity atmosphere, the cost of polyester fell again. During the week, the polyester market continued to be light, chip prices continued to decline, and factory inventory pressures increased. Partial reduction in production and maintenance may gradually increase, and it is expected that the short-term polyester chips will remain weak and fluctuate in the range.

 

5,Polyester filament yarns in Jiangsu and Zhejiang province are on promotion on Friday. From Monday to Thursday, price of the polyester filament yarn remains stable, and the downstream mills kept wait and see, and the production and sales was light. On Friday, the polyester filament factories promoted and sale turnover increased significantly, the price raised on Saturday. Polyester filaments yarn in South China were also stable from Monday to Thursday, and fell slightly on Friday. In the export market, the export quotation was slightly lowered, and actual transactions were mainly negotiated. The business of domestic factories has remained slack recently, but some large factories are better at receiving orders. As China’s ocean freight rates remain high and are expected to continue to rise, the disadvantages are extremely prominent in the international market. If there is no low price attraction, foreign customers will generally be less willing to purchase, and the subsequent yarn price trend is expected to be weak.

 

6,Polyester staple fiber futures stopped falling and rebounded in the beginning of this week, the futures basis was strong, the lower market prices gradually rose, and the PSF spot market remained stable. In Mid-week, PSF futures fell sharply again, and spot price quickly followed the decline, and some traditional traders were actively replenishing goods. Then the futures stopped falling and rebounded, low prices disappeared, and market transactions gradually stabilized. The factory is still in a state of stockpiling. Currently, cashing flow of PSF is in low level, there is not much room for polyester to decline. Shortly, PSF will follow the trend of crude oil and polyester raw materials.

 

7,Viscose staple fiber kept stable, but the popularity has dropped sharply. The quotations of high-end fibers are stable, but due to generally good selling last week, most factories will mainly implement pre-orders this week. The market heard the news of large orders and low-price transactions from the imported far futures source. It has a great impact on the spot market. Downstream overall bearish expectations have strengthened, new transactions have decreased. In the export market, overseas demand has been weak recently, and there are few transaction. Market confidence is generally sluggish. Viscose factories are under certain pressure, and some companies with better pre-sales still have a certain degree of resilience, but companies with higher inventories may lower their prices in short time.

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MARKET TREND WEEK 20- OIL PTA MEG PET PSF VSF

Market this week – W20

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

 

1,Oil prices fluctuated and closed down this week. At the beginning of the week, the U.S. Energy Information Administration (EIA) raised its expectations for U.S. oil prices in 2021 and 2022 in its latest short-term energy outlook report. As U.S. crude oil supplies declined, OPEC increased its crude oil prices in its monthly report of demand forecast. The two major crude oil futures both closed up on Tuesday. Crude oil futures prices hit their highest closing price since March on Wednesday. The demand outlook in the second half of 2021 is optimistic, and the decline in US crude oil inventories will boost oil prices. Crude oil futures prices closed down on Thursday. Colonial Pipeline resumes the operation of the refined oil pipeline on the east coast of the United States, which is expected to ease the tight supply.

 

2,PTA decline enlarged. On Friday, the PTA hit limit fell in futures, and the spot price fell. This week, the commodity market has risen and fallen, driving the PTA cost side down, crude oil prices have fallen, and PX prices have fallen. At the same time, PTA supply and demand pressures have increased. On the one hand, the intensive restart of PTA devices is expected, and the supply of PTA in Zhapu, which is tight in the early stage, has also increased, and overall supply is expected to increase. On the other hand, due to the high inventory and the impact of reduced profits, the news of production cuts has increased, and the production cuts are expected to accelerate in the second half of the month. With the decline in prices, the purchasing enthusiasm of polyester factories has increased, and the transaction volume is fair. Due to the short-term decreased cost , the supply of PTA is expected to increase, and the polyester loading rate will fall. It is expected that the short-term PTA will be shocked weakly.

 

3,MEG prices have risen and fallen, and market negotiation is acceptable. In the first half of the week, crude oil and thermal coal performed strongly, and the cost-side support was obvious. During the substantial upward movement of the commodity market, MEG followed a positive rise, and spot prices rose. In the second half of the week, the price of MEG dropped from a high level, and the black products pulled back sharply, superimposing the impact of the news of production cuts in polyester factories. The MEG market was under significant pressure. As of Friday, MEG prices have been adjusted broadly, and the low market buying momentum is still acceptable. In May, the MEG supply and demand relationship is still in the destocking stage, and the MEG cost side continues to support, and the short-term MEG price is broadly consolidated.

 

4,Polyester chips rose first and then declined. In the first half of the week, driven by the rising commodity atmosphere, crude oil and polyester raw materials rose strongly, and chip prices rose somewhat. However, in the second half of the week, TA and EG futures fell sharply with the overall decline in commodities, and the market atmosphere was significantly weakened. Transaction prices fell again. The transaction in polyester chips this week was average. Due to inventory and efficiency issues, chip factories have recently experienced more production cuts. It is expected that the price of polyester chips will remain range-bound in the short term.

 

5,Polyester filament yarns in Jiangsu and Zhejiang are on promotion sale again. From Monday to Wednesday, polyester filament factories will remain stable; on Thursday,Concentrated promotions was proceeded; on Friday, prices returned. Compared with last week’s promotion price, this promotion price is slightly higher than that of last time, while the price of post-spinning DTY is slightly lower than last time. The price of polyester filament in South China remained stable, and rigid demand was the main focus. In the export market, the export quotation has not changed much from the previous period. The actual transaction mainly refers to the current sea freight, and the market transaction is very light. Recently, some overseas regions are still in the holidays, and overall demand has shrunk. In addition, the epidemic situation in India and other regions continues to ferment, international shipping costs continue to rise, and foreign customers are significantly less willing to purchase; factories mainly issue pre-orders, but due to container Shortage, shipments are not smooth. It is expected to continue to focus on sales promotion in May, and the overall polyester yarn prices will not change much.

 

6,Polyester staple fiber fell weakly. At the beginning of the week, crude oil and polyester raw materials were strongly supported, and after the short-term increase in PSF transactions after the holiday, the factory remained stable and firm. The downstream is waiting and watching at a high position, and the willingness to chase high is not strong, and the overall demand for transactions is mainly. On Tuesday, raw materials weakened, PSF futures moderately followed the decline, and the spot price gradually declined. Driven by the coal surge on Wednesday, EG rose sharply, and PTA and PSF futures in the night trading also rose sharply. Futures purchases were active and transactions improved moderately. In the morning on Thursday, factory discounts were reduced or increased individually, but in the afternoon, EG fell sharply, which dragged down PSF futures. The spot market sentiment quickly cooled. Driven by low futures prices, factories gradually gave preferential benefits. On Friday, polyester raw materials and PSF futures fell sharply, and the spot price quickly followed the decline. In particular, the basis of the futures price remained unchanged, the downstream spot price transactions were active, and the futures transaction volume increased. PSF’s cash flow continued to compress, and factory inventories increased.

 

7,Viscose staple fiber market fluctuates greatly, the low-price has relatively good high-volume transactions, the high-end brands declines more obviously, and the mid-to-high-end brand price gap has returned to the historical average. Last Sunday, the large order prices of large northern high-end manufacturers dropped sharply, and the local area achieved good production and sales. On Monday, the contract price of high-end factories in the south was adjusted downwards, and the transaction also increased to a certain extent compared with the previous period. Other mid-range companies continue to sign large orders at lower prices. The downstream just needs to be released in a concentrated manner, and most companies have completed the current week’s sales. In the second half of the week, downstream replenishment and order execution were the main tasks, and new order transactions slowed down. In the export market, overseas demand is sluggish. In the face of concentrated transactions in China, overseas buyers’ attention has increased slightly, but the actual conversion rate is not high. The viscose staple fiber is expected to stabilise next week after a periodical increase in volume this week. The long-term trend still largely depends on the speed of demand recovery.

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  • Staple Fiber Machines

Bi-component (ES, 4080) ES Staple Fibre Plant

Recycled PSF (RPSF) Production Line

High Tenacity Low Elongation PSF Plant

Hollow Conjugated (Three-dimensional Hollow) PSF Production Line

Polyamide/ Nylon Staple Fibre Plant

Polypropylene (PP) Staple Fibre Plant

One Step Process Production Line

PPS Staple Fibre Plant

Two Step Staple Fibre Pilot Plant

 
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MARKET TREND WEEK 19- OIL PTA MEG PET PSF VSF

Data this week – W19

USD/CNY=6.4

Market this week – W19

Summary: Oil rose first and fell, PTA rose, MEG futures rose while spot price weakened, Polyester chip rose slightly, Polyester filament yarn promoted again, PSF stabilized and rebounded, VSF temporarily stabilized.

1,Oil prices rose first and then fell this week, the overall trend was strong and fluctuating. International oil prices continued to be under pressure on Monday. Although investors have optimistic expectations for a strong rebound in fuel demand in major economies in the second half of this year, the worsening of the epidemic in India has led many countries to impose travel lockdowns on it, and the resulting short-term demand concerns continue to heat up. On Tuesday, international oil prices pulled back slightly. Although the U.S. dollar index rebounded, the relaxation of blockades in more US states and the European Union’s seeking to attract more tourists will help offset the impact of weak fuel demand in India. Oil prices rebound outlook will remain unchanged. Crude oil futures closed mixed on Wednesday, almost flat. Although crude oil inventories in the United States have fallen sharply, the epidemic situation in some parts of the world is still severe, and the surge in COVID-19 cases has put pressure on the demand outlook. The decline in oil prices expanded on Thursday, due to the expected shortfall in demand under the epidemic, which overwhelmed the benefit of the sharp drop in crude oil inventories in the previous period.

2,PTA rose. On the one hand, crude oil fluctuates strongly. the PXN processing gap remains high and PX price is strong stable, and the short-term cost side is still supported. On the other hand, downstream polyester factories have accelerated their sales promotion, but production and sales have gradually weakened. With the shutdown of individual installations, the polyester loading rate may be slightly lowered in May. Therefore, the destocking speed has been slowed. If the overhaul device restarts smoothly, the total inventory may continue to be accumulated in the second half of the month.

3,MEG futures prices rose strongly, but the spot price weakened. After the holiday, the commodity market performed strongly, and the MEG futures was significantly stronger. However, the spot market is generally following up, and the spot basis is weakened. In May, the MEG supply and demand pattern was still in a tight balance. The short-term MEG is expected to follow the strong operation of the commodity market.

4,Polyester chips rose slightly. As crude oil rose sharply during the holiday. The chip market sentiment was driven. On Wednesday, some factories had heavy transactions, and then the quotations price were raised. However, after the holiday, the terminal performance was average, and the market was not willing to chase higher price. On Friday, the transaction volume gradually declined. As the PTA processing fee has been repaired, the cost side would stable shortly, it is expected that the short-term polyester chip price will fluctuate mainly.

5,Polyester filament yarns in Jiangsu and Zhejiang was promoted again after the festival. During the labor holiday, the polyester yarn factory maintained stable sales, the inventory increased significantly. Therefore, although the raw materials cost fluctuated strongly, the polyester yarn was on promotion again on Friday. The price of polyester yarn in South China rose partially after the holiday, and remained stable then. In the export market, the overall export quotations during the May 1st period did not change much, actual transactions price were mainly negotiated. The overall export orders were poor, mostly scattered small orders. In addition, due to the shortage of containers, the recent ocean freight charges has been increased with a large amount, and the willingness of foreign customers to purchase has declined significantly. The factory mainly executed pre-orders, and the overall price is expected to be weak shortly.

6,Polyester staple fiber first stabilized and then rose. From Monday and Tuesday during the Labor’s holiday, the prices of polyester raw materials are stable. Most transactions are based on pre-holiday prices, and the market is generally buying. As the market opened after the holiday on Wednesday, the purchase increased significantly. On Thursday, the spot price rose again, and downstream buying is more active. On Friday, the Jiangsu market was basically stable, and the Fujian market quotations rose, transactions were general. After the large sales turnover, the market turned into a stable state, and the price mainly followed the fluctuation of raw materials.

7,Viscose staple fiber is temporarily stable. On Friday, individual factories of mid-range fibers sold with lower prices and relatively good transactions volume. In terms of high-end, the quotations remained stable, but different companies have different protective policies for downstream, and the actual major customers are partially lower, but the small order prices are relatively strong. There was no significant change in the supplier quotations of high white non-woven fibers this week. In the export market, affected by the epidemic, overseas demand has maintained a freezing point. Some other viscose staple fiber producing countries have increased their domestic quotations to China. At present, suppliers are open to overseas orders, and firm offers can be negotiated specifically, but there are not many effective firm offers, and downstream bids are too low. It is expected to remain weak and decline in the short term.

MARKET TREND WEEK 17- OIL PTA MEG PET PSF VSF

Crude Oil Price

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Basic knowledge about low melt fiber you need to know

Basic knowledge about Low Melt Fiber(LMF) You need to know:

Made by mixing normal grade chips  and modified low melting point chips. Low melt fiber can be melted at lower temperatures (110C to 130C) than normal (260C) and bonded with other fibers like solid polyester and recycled materials.

Non-woven fibers are run through either a hot-air  oven, a calendar or an infra-red heater. This leads to soldering the fibers together when the low melt fibers melt and flow around the standard polyester fibers. For high loft non-woven, this is the primary bonding method and a secondary one when needled non-woven fibers are to be heated to give more strength.                                                                            

Properties of Low Melt Fiber

  • It bonds well as it provides diverse melting points by controlling the sheath part i.e.: modified polyester.
  • It has lower melting points, that is between 110 C to 180 C than other fibers.
  • After being combined with other fibers, the bonding strength remains durable semi-permanently
  • As it is homogeneous with other types of fibers, it blends easily.
  • It is recyclable, which is a great feature considering people who are seeking greener options.
  • The fiber has a remarkable heat bonding property.
  • Low melt fiber has stable structure thereby can be processed smoothly into any other form.

The fiber is used in different applications as it is highly resilient.

  • Applications of Low Melt Fiber As low melt fiber has a wide range of diverse properties; they are used in manufacturing of a wide variety of products. Their uses are listed below:
  • The fiber finds its application in production of high-quality mattresses, padding and interlining.
  • This kind of fiber is used in spinning of durable yarns.
  • The intricate structure makes low melt fiber an excellent insulating material for buildings and automotive.
  • In industries, the fiber is processed to high quality and durable non-woven.
  • The fibers are also used in making of sanitary and medical goods. To use low melting fiber in all these applications, it is necessary that you get it from a reliable source.
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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.

 

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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.