Product Center
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Polyester: market is steady
2021-04-29From July to December in 2018, the polyester market price rose and fell sharply, which led to the wide fluctuation trend of industry profits of related products in the polyester market. However, with the continuous repair of the polyester market, the overall profitability of the polyester Market in 2019 has been steadily improved, showing a trend of shock push up, and the overall profitability of related products in the polyester market is slightly higher than that in the same period of last year. Take the fiber grade PET with poor profitability as an example. According to the statistics of jinlianchuang, as of April 19, the average daily profit of the fiber grade pet industry was 127 yuan / ton, a year-on-year increase. The main reason is that the self-control ability of polyester factory industry is constantly enhanced. Before the lunar new year, the downstream continued to focus on purchasing raw materials, resulting in the rapid decline of polyester industry inventory. In addition, in order to prevent the downstream demand from being overdrawn in advance, polyester factories also increased the intensity of equipment maintenance during the Spring Festival.
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Although the polyester market is still facing the risk that the downstream demand will gradually weaken, and the polyester factory inventory may enter the stage of gradual accumulation, the steady operation of the polyester market is the source of confidence for the polyester factory. With the "new business cycle" of polyester market going away, stable operation may become the new normal of polyester market. It is expected that polyester factories will enhance their own industry self-control and seek new breakthroughs in the steady development of polyester market! -
Development trend and Prospect of domestic polyester industry under new situation
2021-04-29Polyester is a general term for polymers obtained by polycondensation of polyols and polybasic acids. It mainly refers to polyethylene terephthalate (PET), and traditionally includes linear thermoplastic resins such as polybutylene terephthalate (PBT) and polyarylate. It is a kind of engineering plastics with excellent performance and wide application. Polyester is a kind of high molecular compound. Poly (ethylene terephthalate) (PET) is produced by polycondensation of terephthalic acid (PTA) and ethylene glycol (eg). Fiber grade polyester chip is used to manufacture polyester staple fiber and polyester filament, which is the raw material for polyester fiber enterprises to process fiber and related products. As a variety with large output in chemical fiber, polyester occupies the market share of chemical fiber industry. Therefore, the market change and development trend of polyester series are the focus of chemical fiber industry. At the same time, polyester also has bottle, film and other uses, which are widely used in packaging industry, electronic and electrical appliances, medical and health, construction, automobile and other fields. Packaging is a large non fiber application market of polyester, and also a fast growing field of pet. It can be said that polyester chip is an important intermediate product connecting petrochemical products and products of many industries.
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Prospect of global polyester industry chain
2021-04-291、 Polyester Market in recent years
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No matter from the world or China's Polyester situation, the market forecast from 2016 to 2018 is inconsistent with the market changes, that is, excessively pessimistic or not optimistic enough. From June to early September in 2018, the actual polyester output has a large range of changes, and can break through 50 million tons to reach a new high. In this 50 million tons of polyester, two thirds of its raw material is PTA, one third is glycol.
2、 PTA Market Analysis
PTA used to be a surplus product. From 2014 to 2016, most people think that PTA supply exceeds demand is the reason for polyester enterprises to lose money, and it is difficult to improve in the short term. However, polyester enterprises did not predict the high growth rate of production from 2016 to 2018. As a major raw material supplier, almost all PTA enterprises have never predicted that the demand is relatively stable even though they have made transactions in the past two years. In 2016 and 2017, even though PTA demand was relatively strong, there was still a certain profit in the price difference between PTA price and raw material price.
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