WTI /Brent (28TH NOV.,2022- 12TH DEC.,2022)

PX   (28TH NOV.,2022- 12TH DEC.,2022)

PTA    (28TH NOV.,2022- 12TH DEC.,2022)

MEG   (28TH NOV.,2022- 12TH DEC.,2022)

1. Polyester filament 
The overnight crude oil rebounded yesterday, which supports polyester raw material cost side to some extent.  
On production side, due to factories have lost a lot in previous time, production capacity has been reduced to a large extent. At the same time, under the relaxation of recent Chinese epidemic prevention policies and the domestic macro atmosphere is becoming warmer, which drives the staged rose of polyester sales. Factories increased prices around 50-200cny/kg today.
It’s expected that polyester products prices easily to rise. For long-term, need to focus on the crude oil price, terminal demand and the situation of factories’ reduction of output.
 
 
2.PSF
With the rise of crude oil yesterday, the polyester raw materials and PSF futures rose, which also led to the increase in spot prices. Factories price went up by 100-200 yuan/ton this morning. Near to the Chinese Spring festival, most factories have suspended production, so the production and shipment is emerging tight status. It is suggested that you can stock up moderately.
 
 
 
3.VSF
The VSF market keeps stable recently. It is said that the mainstream factories may arrange maintenance, the price probably rise. Overall, the current market mainly keeps watch-and-see attitude, but some of downstream side has low-level raw materials inventory, so they are hoarding up moderately. It is recommended that you can purchase as per firm demand or hoard up moderately.
 
 
4.Spandex
Recently, the spandex inquiries have been increased, the transaction price is still based on negotiation. It is suggested that you can procure as per in-hand order or stock up moderately to avoid risks.
 
 
5. Nylon
The Pure benzene price fluctuates slightly with crude oil. CPL spot transactions have risen slightly, and the atmosphere of discussing has recovered. High -speed spinning chips are temporarily stable, Normal spinning chips are rising with CPL. On the whole, the transactions of the nylon market are still dominated by just-need purchase.