WTI/Brent (October 30th - November 13th, 2023)

PX (October 30th - November 13th, 2023)

PTA (October 30th - November 13th, 2023)

MEG (October 30th - November 13th, 2023)

1. Polyester Filament

On Monday, Crude oil continued to rise. The cost of polyester raw materials increased accordingly.

On the production side, the production and sales performed general yesterday.

Factories mainly maintain prices and transaction is based on negotiation. The whole market keeps rigid-procurement.

It’s expected that the cost will fluctuate in the short term, so prices of polyester products will also fluctuate within a certain range. It’s suggested that you make purchasing plans in advance based on your firm demand. In the long term, it’s necessary to pay attention to fluctuations in raw material cost, polyester load, and the situation of production and sales.

2. PSF

On Monday, deals in the PSF market were based on negotiation and rigid demand. Crude oil in the night session went up, causing the polyester raw materials and PSF futures to rise.  Morning quotations overall kept stable. It’s suggested that you purchase as per your firm demand.  

3. VSF

The VSF market saw good trading volume last week and remained stable at the moment. Factories mainly executed in-hand orders. It’s recommended that you keep a certain level of inventory.

4. Spandex

The spandex market was general recently. Transactions were mainly based on firm demand. It’s suggested that you purchase as per your firm orders and demand.

5. Nylon

The price of pure benzene fluctuated within a narrow range. The price of CPL spots rebounded slightly due to a tight supply. With low inventory, the price of conventional spinning spot chips remained stable. Generally, the price of nylon yarn remained stable. It’s recommended that you follow the market trend and stock up as per your firm demand.