According to the understanding of North China, some chemical fiber factory in east China, because of the impact of early price increase, so that the high stock in the field, the recent low-priced digestion slow, some manufacturers currently stop collecting bottles, the initial plan to return to normal after a holiday in October.
Recycled PET: The loneliness after the rally--the main tone callback September, this is a variety of products ' golden Nine ' peak season, but pet products uncharacteristically, from a slow decline to accelerated decline. Upstream PTA products from the high price of 9320 yuan/ton, down to the current 7800-7900 yuan/ton, down about 1500 yuan/ton. This is actually related to the July-August PTA crazy rise. Beginning in late July, upstream PTA futures market hit a new high, the spot market price all the way up, quickly from 6000 yuan/ton near, up to 9300 yuan/ton, it is nearly 6 years of market highs. Enter September, a report letter--Domestic PTA a giant manufacturer monopoly price downstream factory collapse, making the market fell sharply, this, bottle-grade and fiber-grade PTA large downward, short-term raw materials PTA and ethylene glycol market trend is still weak, affected by cost surface, polyester market will remain a weak trend in the short term,
This makes it ' perfect ' to miss the ' Golden Nine ' season. On the external side, the U.S. time of September 17 announced that it will levy a 10% import tariff on about $200 billion in Chinese products from September 24, and will raise the tax rate to 25% from January 1, 2019.
For our textile industry, the list still includes 917 tariff breakdowns in chapters 50 to 60, covering all kinds of textile yarns, fabrics, industrial finished products and some household textiles, involving annual exports of more than $4 billion, which undoubtedly aggravate the downward trend of the chemical fiber market.
Recycled PET: The loneliness after the rally--the main tone callback Beginning in mid-August, polyester downstream plant under high cost pressure part was forced to stop production, into September, another part of the factory production, production, upstream PTA inventory accumulation, prices all the way down, recycled pet products in the near future mainstream downside, east China cold Blue white piece does not include tax price from August to the highest price of 7100 yuan/ Ton, slipped to the current 6700 yuan/ton, slipped 400 yuan/ton. According to the joint venture to understand, Shandong, Hebei cold blue and white chips at 6400 yuan/ton, Henan area cold blue and white in 6300 yuan/ton. This price cut, or will continue for some time, the Golden Union to understand North China, some chemical fiber plant in east China, said
Due to the impact of early price increases, so that the field of high inventory, the recent low-priced digestion slow, some manufacturers currently stop collecting bottles, the preliminary plan to return to normal after a holiday in October. Recycled PET: The loneliness after the rally--the main tone callback