Looking At The Trend Of Polyester Staple Fiber From The Yarn Business: Is It A Rebound Or A Steady Turnover?

Since last weekend, PTA has exposed Yisheng Ningbo, Jiaxing, Liwan total of 2 million 850 thousand units downtime maintenance information, and follow up Hua Bin, Hon bang, Hengli and other 4 million 200 thousand tons or more devices will be shut down in early August maintenance expected. PTA futures continued to decline in spite of the overhaul news, and the market confidence was down. Dacron staple made a big sale yesterday, triggering interest in buying the market later, but PTA futures did not show any obvious reaction until yesterday. PTA futures closed yesterday night to rebound, giving the market a good boost, and yesterday's market competition, polyester staple fiber has hit a low point in the year to prevent profits from shrinking. Today, some PET staple enterprises have increased their offer. Sales and sales have been warmer and warmer when buying buoy, and there are still selling options. The industry has different views on the future market. Whether the yarn market is going to be warmer or warmer, or is it going to drop South all the way and there is a game. Does macroeconomic trade consultation bring good news?

The current round of polyester staple market is very concerned about polyester enterprises. On the one hand, because of the large impact of polyester staple on yarn cost and market, on the other hand, due to the unstable market in the early stage, the staple fiber staple fiber is in a state of rigid purchase, and the stock is low.


Long Zhong information research is currently referred to polyester yarn enterprises, (samples from Shandong, Hebei, Jiangxi, Fujian and other places). We have different opinions on the staple fiber staple market, 47% of which are bearish, 33% of them are stable, and 20% are bullish.

Bearish business logic: the main point is that the demand for yarn is not good. In the 8 and September seasons, the enthusiasm for downstream products is not high. In addition, due to high temperature and high humidity, yarn and weaving enterprises also stop production and limit production. Therefore, under the premise that the terminal and the middle end are not good enough, polyester staple fiber is hard to say and the possibility of falling market is more likely.

Look at the logic of business: because of the sharp decline in the price of polyester staple fiber this Monday, the decline was 300 or more than 300 last week. There has been signs of improvement in the downward trend of production and sales, but the possibility of continued downturns is unlikely. However, there are still restrictions on downstream demand and capital, and it is also hard to see a rise.

The logic of bullish Enterprises: because of the obvious shrinkage of PTA processing fees and the maintenance expectation of some devices in the later period, the cost has certain support, and the polyester staple fiber has a limited decrease under the pressure of loss. The price of polyester staple fiber market has fallen below the cost line, and the price will rebound after effective stimulation to the downstream demand.

Long believes that the night market PTA futures rose today, and continue to rally, driven polyester polyester fiber production and sales rate has improved significantly. Some of the polyester staple fiber enterprises moved upward, but with the end of the sample with the closing of the stage, the new price is afraid of a new single and temporarily stabilizes. Unless the cost side push can continue to rally, the current PTA's maintenance situation is not good enough, and the spot price is also in a state of shock unless the accident occurs.