Cost Support Is Still Expected To Increase In PTA Construction

Emergencies further widened the scissors gap between PTA and polyester.

As of April 24th, the operating rates of PTA and polyester were 58.5% and 84% respectively. Based on monthly start-up and production capacity, polyester demand for PTA was 65.3%, slightly higher than the PTA operating rate of 63.4% in April.

However, the resumption of the 2 million 200 thousand tons of Dalian Zhou Yisheng and the 1 million 200 thousand tons of Ningbo PTA unit and the recovery of the BP125 million tons PTA installation in Zhuhai will fill the Xiang Lu petrochemical company.

Gap, PTA operating rate will significantly improve, the supply side is slightly loose, spot prices will be weak.

Later stage

PX, domestic supply side is still affected.

Objectively speaking, higher naphtha and PX price difference can stimulate the device to increase load. But in fact, two sets of 700 thousand tons of domestic Fu Jia Dahua will be repaired in turn. The restart of the Zhangzhou plant is delayed, the 1 million 600 thousand tons of Sinopec's start-up time is uncertain, and the HC Petrochemical 1 million 180 thousand tons.

Maintenance will support PX price.

It is predicted that PX will be more difficult to fall, or will maintain high oscillations.

After the explosion of PX device in Gure, Zhangzhou, the 4 million 500 thousand ton PTA device of Xiang Lu petrochemical company failed to start on schedule. The centralized purchase of spot market pushed up the PTA price, while the passive reduction of contracted goods also made the downstream enterprises have to turn to the spot market, and objectively increased the demand of PTA.

When the short-term supply and demand conflict slowed down, the explosion of Yangzi Petrochemical MEG plant once again stimulated the sensitive nerves of the market.

Under the support of emergencies, PX and naphtha oil price recovered to 8 months high 411 U.S. dollars / ton, PTA and PX processing costs also extended to 600 yuan / ton level, and PX and PTA synchronous inventory, industry inventory overall downward pfer.

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Over the past few days, the number of listed styles of polyester and 118DFDY filament knitting machines has increased, and the local turnover has continued to be smooth.

Especially the polyester 118D FDY filament knitting machine has a smooth turnover.

Some of the former shops, factories and trade companies and trade and industry integration professionals have large number of counterparts, and many kinds of colors and orders are placed. Some scale business outlets have already made counterparts in garment factories. The buyers choose flower patterns and require positioning printing.

　　涤纶50D FDY×50D FDY 、68D FDY×68D FDY 、75D FDY×75D FDY 喷织印花雪纺花型风格不断翻新,追随国际国内流行趋势,以米黄底稠密橘红+天兰+豆绿小梅花、浅黄底疏稀七彩葵花、漂白底疏稀七彩牡丹花型局部中批量发货,江苏常熟、浙江杭州偶有中批量发货;咖啡底稠密漂曰创意小圆点、米白底稠密特黑+金黄撇丝豹点、特黑底稠密翠绿+杏色+紫色+大红菊花、黑白千鸟格、红黑小燕尾格、特黑底稠密漂白树叶格子花、漂白底稠密特黑树叶格子花、特黑底稠密漂白小菱形格局部门市较大批量发货,江西南昌、湖南株洲偶有较大批量发货。

In recent years, China's light textile city, spring and summer polyester thin finished fabrics have smooth marketing, and some of the pre shop and post style solid cloth companies and industrial and trade integrated scale stores are still running smoothly. The spring and summer costumes use chiffon, Chun yaxun, a variety of color and fabric interaction, dyeing, printing, coating, composite, embroidery, rotten flowers, cotton ginning and other varieties of pactions are large and small, and some of the cloth companies and scale business outlets sell orders smoothly, some of the scale operation of the retail market and the batch volume and turnover volume also showed a gradual incremental trend.

Some of the cloth industry companies and large scale business shops are required for the clothing or packaging of their counterparts, chiffon, spring Asian spinning, summer spun silk, washed velvet and gloss and semi gloss silk jacquard cloth.