The Cost Is Weakening. Polyester Filament Is Mainly Falling.

In mid 1-3, before and after the Spring Festival demand Weakening and slow recovery began to affect polyester plant stock increased. Besides, upstream raw materials are weak and cost support is limited.

From mid March to mid May, Raw material installation The impact of overhaul and upgrading, the market rebound after a short period of time, it is difficult to resist the overall situation of weakness, the market continues to weaken.

From late May to July, PTA Driven by a strong rebound, polyester prices show rising trend. As the saying goes, buying and selling under the psychological control, and polyester factory inventory is at a low level, some specifications even appear continuous supply in short supply, the price will rise strongly.

From July to mid October, as the downstream market entered the midsummer off-season state, the rate of starting up of weaving and firing decreased, and raw materials purchased cautiously, and raw materials appeared to fluctuate. Although in September, driven by the peak season of consumption, the decline slowed down, but the crude oil market fell sharply in October, resulting in a significant weakening of the cost and accelerated the decline in polyester prices.

Beginning in mid October, with the support of just needed margin, production and sales rebounded, and stocks were in a low position, and price shocks were strong.

In December, the domestic polyester filament market continued to be in a state of weakness, and low price sales prevailed. At present, whether polyester spinning factories or weaving manufacturers or bomb companies have more or less financial pressure, mainly the weaving factories' grey cloth and the bomb factory's arrears are more, and the whole polyester Market wait-and-see atmosphere is still thicker.

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In the first quarter, the market continued to decline after the slow start of the downstream and the weakening of raw materials.

In April, we began to slow down the search for the main products, and the PTA equipment maintenance brought about a short period of improvement. However, the downstream purchasing atmosphere was still insufficient, and the wait-and-see mentality was strong.

Beginning at the end of May, the short fiber market rebounded significantly in the strong PTA of raw materials, and at the end of June, it also hit the highest price of 10270 yuan / ton this year.

After that, they entered the "drop and fall" state. In 7, 8 and September, the traditional demand for textile was off season, and the overall situation was low. In addition to the October international slump, cost support collapsed, resulting in a sharp decline in staple prices. Although PTA was cut down in November, it brought a small rebound, but it finally came to the end of the continuous decline of crude oil prices and the pressure of maintaining small and single purchase.