Introduction
The recent expectations of the Federal Reserve raising interest rates have continued to increase, and the crude oil market has become slightly pessimistic. Last Wednesday, international crude oil futures prices fell by more than 5%, commodities fell collectively, and the PTA futures market also fell sharply. Since then, the polyester raw material PTA market has entered a downward channel. , entering this week, the raw material PTA market continues to fall, and the polyester market, whose cost support has collapsed, finally faces the “catastrophe” of crazy decline!
After last Wednesday (March 8), the PTA market in the upstream of the polyester industry chain has continued to fall, and the overall destocking pressure in the polyester industry chain has been heavy recently. In addition, during the traditional peak season in March, the weaving market in the downstream of the polyester industry chain has fared better. Not as expected, and under the continued influence of many negative factors, the polyester market has really gone further and further down the road of decline, and the decline of each polyester product has also reached the largest decline in the year.
After mid-February, the trend of polyester raw materials has been weak and cost pressure has eased. However, the demand in the downstream market of the polyester industry chain has not improved. The pressure on production and sales of polyester factories has become more prominent. Industry inventories have continued to increase, and they have offered preferential shipments, resulting in a stable polyester market. Medium to weak operation. After March 8, the market for polyester raw materials PTA and ethylene glycol accelerated their decline, cost support collapsed, and the decline in the polyester market deepened, creating a pessimistic atmosphere in the market. However, the polyester market has declined this time, and the cost side has declined rapidly. In addition, the polyester market has good profitability in the early stage. Therefore, the overall polyester market is still profitable. However, if the polyester market continues to decline, some polyester products may suffer losses. risk. As of the 14th, the profit of the polyester bottle flake industry was around 100 yuan/ton, the profit of the polyester chip industry was around 130 yuan/ton, the profit of the polyester filament industry was around 150 yuan/ton, and the profit of the polyester staple fiber industry was around 480 yuan/ton. tons nearby.
After mid-February, the trend of polyester raw materials has been weak and cost pressure has eased. However, the demand in the downstream market of the polyester industry chain has not improved. The pressure on production and sales of polyester factories has become more prominent. Industry inventories have continued to increase, and they have offered preferential shipments, resulting in a stable polyester market. Medium to weak operation. After March 8, the market for polyester raw materials PTA and ethylene glycol accelerated their decline, cost support collapsed, and the decline in the polyester market deepened, creating a pessimistic atmosphere in the market. However, the polyester market has declined this time, and the cost side has declined rapidly. In addition, the polyester market has good profitability in the early stage. Therefore, the overall polyester market is still profitable. However, if the polyester market continues to decline, some polyester products may suffer losses. risk. As of the 14th, the profit of the polyester bottle flake industry was around 100 yuan/ton, the profit of the polyester chip industry was around 130 yuan/ton, the profit of the polyester filament industry was around 150 yuan/ton, and the profit of the polyester staple fiber industry was around 480 yuan/ton. tons nearby.
</p
