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Since late July, international crude oil has continued to rise, Brent rose to more than $85 / barrel, the summer fuel consumption peak in the United States and the economic prospects in Asia have boosted polyester cost end trend, polyester industrial silk finally did not live up to the pressure of processing fees, the market transaction center at the end of July rose 400 yuan/ton to 8900 yuan/ton, a one-day rise of 3.53% on July 31. Biggest one-day rise or fall this year.
Compared with the rise and fall of raw material prices related to polyester industrial silk in early July and early August 2023, the closer the product is to the source crude oil end, the greater the increase, and the main raw material of polyester industrial silk slicing has the smallest increase with polyester industrial silk, at 3.4-3.5%. Mainly by the drag of terminal demand, the current downstream demand for industrial textiles at home and abroad are in the off-season of the industry, the lack of orders, low processing costs, the enthusiasm of the industry to start work is not good, and the procurement remains rigid, making the industrial chain, the closer the product to the end of the price increase smaller.
Polyester industrial silk since the cost of PX and PTA supply shortage in March led to a wave of market, industry supply rose, market prices fell, weak shock operation, and July-August is the traditional off-season demand of polyester industrial silk industry, the current downstream moderate production reduction, holiday, market procurement from stock more than a month, two months, or even half a year, to rigid procurement, Market demand is low, and at this time in the raw material end of the international crude oil and PX continued to drive, polyester industrial silk at the end of July unnormal, the price "out" of adversity, open the road to rise, the main reason is the processing fee suffered a severe squeeze to 1625 yuan/ton.
As of August 1, the profit of polyester industrial silk slicing was 525 yuan/ton, up 12.5% from the beginning of July; Direct spinning profit in 137.74 yuan/ton, compared with the beginning of July down 210.9%, the current polyester industrial silk market price rise, making different production process industry processing fees compared with the beginning of July showed mixed situation, that is, price repair from the perspective of profit has slightly improved, but August demand is expected to be weaker than July, within a few days, Market transaction focus from 8500 yuan/ton, rose to 8900 yuan/ton, the increase is larger, and the terminal market price is difficult to rise, it is expected that by the middle of August, most of the market procurement cycle, there are still some low-cost supplies to emerge, but under the pressure of processing fees, the overall market transaction is more than 8500 yuan/ton or have risen, during the stalemate volatility.
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