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Before the May Day holiday, international oil prices skyrocketed on the 5th. As of the close of the day, the price of light crude oil futures delivered by the New York Mercantile Exchange in June rose by $ 4.17 to close at $ 24.56 per barrel, an increase of 20.45%. The price of London Brent crude oil futures delivered in July rose by $ 3.77 to close at $ 30.97 per barrel, an increase of 13.86%. At the same time, oil prices have completed the fifth consecutive day of "Five Lianyang" trend, setting a record for the longest consecutive days since July last year.
Stimulated by various news such as overseas unblocking and crude oil production cuts and price hikes, the market opened in early trading on the 5th, and polyester prices generally increased by 50-150 yuan / ton, as follows: Tongkun Tong increased by 100 yuan / ton. Kelvin DTY50D-120D rose 50 yuan / ton, 150D-600D rose 100 yuan / ton. Hua Hin conventional POY general price rose 100 yuan / ton, melt spinning POY price increased 50-100 yuan / ton, conventional FDY general price increased 100-200 yuan / ton, conventional DTY general price increased 100 yuan / ton, and sliced price increased 100 yuan / tonne. Yuchen (Yangyue) gained 100 yuan / ton. Haixin POY rose 100 yuan -150 yuan / ton. Most of Shenghong's varieties rose 100 yuan / ton. Rongsheng DTY and POY rose 100 yuan / ton, FDY rose 100-200 yuan / ton, and slices rose 50 yuan / ton. Yingxiang DTY and POY rose 100 yuan / ton, FDY rose 100-200 yuan / ton.
With the promotion of the cost of PTA manufacturers, some polyester factories have not only continued to increase the prices of some tight products, but even closed the market. On the 6th, the polyester yarn of a major mainstream factory in Tongxiang increased by 200-300, the mainstream factory of Shengze in Jiangsu increased by 300-600 so far, the FDY of Jiangsu Hengli Bright increased by 200 today, and the DTY holiday of Zhejiang has so far Rise 150-300, the POY holiday of a factory in Xiaoshan has risen 350-450 so far.
Raw materials have soared, so how about production and sales? According to CCF data, most of the average production and sales on May 1-3 were below 50%, and the volume began to increase on the 4th. The average production and sales were around 200%, and some reached 400%. The production and sales fell on the 5th. Most of the average production and sales were around 80%.
This wave of price increases came so unexpectedly, some people asked that the current inventory pressure is high, and many bosses choose to take a holiday to stop production before May 1st. Isn't the raw material not going up? In fact, the current chemical fiber raw material industry pattern is dominated by leading companies. Compared with the downstream, weaving has a weak voice and cannot play a price-driven role.
This price increase of chemical fiber raw materials shows that the market has better expectations for orders in May. Countries and regions have been preparing to restart economic plans, the foreign trade market has gradually recovered, and governments in various regions are also promoting related industry support policies to stimulate the domestic market. So, can the polyester market continue to advance steadily in the second half of the year?
The editor believes that the key depends on whether the epidemic situation has completely improved. At present, the chemical fiber raw material market mainly adopts the strategy of advancing and retreating. First, the price is higher, the right is the right, and the wrong is the callback. The overall situation is still determined by the end of the outbreak. Some experts warn that, for now, if the prevalence of the economic opening, the deterioration of the epidemic in the country will have an impact on the market. If the rising curve of confirmed cases of new coronary pneumonia reappears and the economy is again stalled, the damage to market sentiment will be enormous.
Xuzhou Heping Chemical Fiber Co., Ltd. is a professional manufacturer and sales of polypropylene high-strength yarns, polypropylene industrial yarns, polypropylene high-strength yarns, high-strength polypropylene network yarns, split film industrial yarns and other polypropylene products, which are well received by the market.
If you want to know more product information, please contact: Mr. Wang 187 5178 8889 Website: http://www.taojoe.com/