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Present situation of polyester market

At present, after the inspection and repair of polyester filament in Dacheng, the price fell against the trend.

On the one hand, gradually entering the off-season in May, on the other hand, affected by inventory pressure, the current mainstream polyester filament inventory is more than 20-30 days, the end of the industry has a concentrated trend to the warehouse, but the demand is expected to be weak in May, weaving orders in June orders are generally less, dragging down the later demand expectations, in order to prevent the off-season inventory pressure is too large, the current factory is mainly destocking.

Entering May, the load on the supply side of polyester filament is reduced, which is expected to effectively alleviate the inventory pressure on enterprises. In addition to the traditional "gold three silver four", "gold nine silver ten" season, the profit level of polyester filament per ton is expected to achieve the off-season is not weak, optimistic about the need to improve the polyester filament price difference repair throughout the year.

Polyester filament after the market

In the short term, the polyester filament market has gradually changed from cost-led to demandled, considering that the maintenance cycle of the polyester filament factory is expected to be up to 2 months long, the later factory is expected to add bomb or purchase, and the polyester main raw material PTA is strong, ethylene glycol is not a large negative drag, the polymerization cost is expected to support, the international crude oil end production reduction or will be extended, and the superimposed consumer demand is fine. In the short term, if there is no geopolitical impact, it is expected that the market price of polyester filament POY150D/48F will remain weak and volatile, and it should not be overly bearish.

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