Review of polyester Market in Shengze and Jiaxing

Review of polyester Market in Shengze and Jiaxing in November and forecast for next month

business agency, December 2 - there were three waves of market in polyester Market in November. During the wave of market from 4th to 6th, the increase of products of most manufacturers was about yuan/ton, and the increase of individual varieties and specifications was even greater. On Monday, 17th, driven by the PTA futures limit, the production and sales of POY polyester fiber factory improved, with the general production and sales reaching%, and the overall price trend showed a steady increase. However, the trading volume of polyester fiber Market slowed down after the 20th. Stimulated by PTA futures trading and other positive factors on the 24th, the price of semi gloss chips rose by 100 yuan/ton, and the production and sales rate of polyester POY rose. However, by Thursday, 27th, the polyester trading volume in the market was shrinking and stable. Three waves of market showed "one wave low and one wave". Now let's review the market as follows:

in the first week: (November 3 to November 9), the polyester cost formed a phased bottom. On November 4, the polyester market performance significantly rebounded. Driven by the rise and fall of buying, the trading volume soared. In particular, the shipment of POY textured precursor was like a "blowout", and large trading orders of more than 100 tons appeared. The rise of products of most manufacturers in this wave of market was concentrated around yuan/ton, Individual varieties and specifications increased even more. On Thursday (6th), the market gradually softened, and the downstream resistance grew after the polyester rose, and the wait-and-see became stronger. It seems that polyester is still facing great pressure in the future. It is expected that polyester will maintain the consolidation pattern in the short term. Of course, it does not rule out the possibility of selling at a discount in the future

the second week: (November 10 to November 16) following last weekend, the market was depressed, the price was weak, and the transaction atmosphere was light. At this time, customers often didn't know how to choose. After entering this week, the price of polyester products fell across the board, and the price of most products returned to before November 3. Polyester market spent a week in the situation of "volume contraction and price decline". At present, the fabric trade is in the peak season, and the demand for polyester raw materials is gradually slowing down; Upstream raw material prices continued to weaken, and polyester prices lost upstream support. The subsequent market situation is more worrying, and it is expected that the polyester market will continue to adjust next week

the third week: (November 17 to November 23) entering this week, on Monday, driven by the PTA futures limit, the production and sales of POY polyester fiber factory improved, with the general production and sales reaching%, and the overall price trend showed a steady increase. However, after the 20th, the polyester fiber market trading volume slowed down, and the downstream weaving enterprises developed resistance, once again retracted its purchasing power, and the overall market trading volume began to fall, On weekends, the production and sales rate of spinning manufacturers is obviously poor

fourth week: (November 24 to November 30) stimulated by positive factors such as the intraday sharp rise of international oil prices by 10% and the PTA futures limit, the semi gloss slice price rose by 100 yuan/ton, the polyester POY production and marketing rate rose, the quotation was tentatively raised, and the actual transaction price changed little. However, by this Thursday, the polyester trading volume in the market showed a shrinking trend. On the weekend, the polyester market quotation tended to be stable, and the polyester sales volume showed a "rise first and then fall" trend this week

due to its inert characteristics, monthly forecast: from the market trend of upper and lower products, 1. The advance payment price of polyester chips in East China in December was 6200 yuan/t, but the actual transaction price was not so. At present, the transaction price of polyester chips in Jiangsu and Zhejiang markets is between yuan/t; 2. The downstream fabric has gradually declined, and the weaving manufacturers carefully grasp the production varieties. December is the season of "year off and light market", so the polyester consumption has been restrained to a certain extent. However, the invoice deduction gap in 2008 is serious, and the polyester cost is at the bottom at present. Therefore, there will be a small upsurge of purchasing polyester in the middle of the year

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