Polyester Filament POY Fell 1900 Yuan / Ton Compared With Last Month, There Is Still A Downward Trend In The Price Trend.

From the table, we can see that the price of the polyester industry chain has dropped by 900-2000 yuan. In fact, the price of polyester filament POY products is around 4950 yuan / ton, 6850 yuan / ton over the same period last month, which has dropped by nearly 1900 yuan / ton. The price of FDY products is near 5325 yuan / ton, 7150 yuan / ton over the same period last month, which has dropped by nearly 1825 yuan / ton. The price of.DTY products is near 6925 yuan / ton, which is 8450 yuan / ton in the same period last month, which has dropped by nearly 1525 yuan / ton. Polyester filament profit has been dropping continuously, and now it has fallen into a deficit state. Compared with the same period last month, the profit has dropped by over 100%.

Polyester stocks are high: according to long Zhong statistics, Dachang has been reducing the negative plan, Jiangsu Sheng Hong 200 thousand tons of polyester device has been reduced this week, Tianlong new material 200 thousand tons / year, southeast New Material 300 thousand tons / year, Tiansheng 200 thousand tons / year polyester device has been gradually negative. Eagle Xiang recently planned to restart 200 thousand tons / year PET plant, and is now postponed until June. And Tong Kun Hengteng, Hengyou and Hengsheng both have a maintenance plan in the near future. They do not exclude some factories or anticipate early maintenance. So, by the end of last week, some of the lower POY factories had low inventory in 15-20 days, and high-end in 30-48 days; the FDY factory inventory was mostly near 23-30 days, the high-end stocks were in the range of one and a half months, the low end was in the vicinity of half a month; DTY stocks were mostly near 38-47 days, and the high-end stocks were near the low end stocks half a month.

Main raw materials PTA:3 months to the beginning of April, a number of sets of equipment overhaul ended, according to the plan restart, Han Bang 1 million 100 thousand tons restart according to plan, the domestic PTA device load increased 2.1% to 75.47% (increase the constant force 2 million 500 thousand tons new capacity, February PTA domestic capacity base adjusted to 52 million 390 thousand tons), BP125 million tons today heating up, tomorrow products. The 1 million 400 thousand tons of Hua Binhai Petrochemical Company will restart in the near future, and Dushan's energy 2 million 200 thousand tons will be resumed in early April. With the introduction of policies and government support policies, the polyester industry started to slow up in March, but the reduction of foreign trade orders in recent years is expected to have a slight downward trend in April. At present, the price of PTA is about 3240 yuan / ton, down nearly 1000 yuan from the same period last month, and the cost is collapsing. The polyester filament is hard to support.

The current situation of downstream industries: export is one of the ways to stimulate China's economic growth. In 2019, foreign trade exports increased by 15.6%, but this year this foreign textile intensity area is under great pressure. Export orders have been cancelled, and some orders have been suspended. Recently, polyester filament production and marketing has only been maintained at around 5-6 percent, making it difficult to break through. Enterprises can only wait, restart and pause.

In the later stage, the market was pessimistic by the impact of international crude oil, and the international crude oil prices fell again. In mid March, some polyester factories were overhauled and the restart time was not determined. Up to now, the starting rate of polyester filament is 84.06%. The downstream weaving rework recommendation is slow, polyester factory inventory pressure is high, European and American textile and clothing export orders have great impact, domestic trade foreign trade orders lead to delay or cancellation. Although polyester filament enterprises continuously improve sales promotion efforts, it has little effect. Because of the double pressure of production, marketing and demand, polyester filament is still expected to fall.