WTI/Brent (27^TH FEB.,2023- 14^TH  MAR.,2023)

PX (27^TH FEB.,2023- 14^TH  MAR.,2023)

PTA (27^TH FEB.,2023- 14^TH  MAR.,2023)

MEG (27^TH FEB.,2023- 14^TH  MAR.,2023)

1. Polyester filament 

The bankruptcy crisis of Silicon Valley banks continue to ferment and spread, the market fear index rose sharply, and the macro risk aversion increased. Under this sentiment, the oil price suffered a sell-off, but later supported by the bargain-hunting funds entered. The crude oil market has a very big volatility. Polyester raw material cost followed to fluctuate.

On production side, the production and sales was general and market watch-and-see sentiment increased. Currently, the downstream mainly digest the goods they hoarded up in the early stage.It’s expected that the products prices keep range shock. For long-term, still need to pay attention to the crude oil price, the cost of polyester and the demand of downstream.

2. PSF

The PSF market behaved general. Due to the PSF futures shocked weakly, the firm demand transaction can be negotiated. The market also takes watch-and-see attitude and purchased as per orders to avoid risks.

3. VSF
   The overall dealing atmosphere of VSF is general. But currently, factories have no big pressure for their inventory and mainly execute in-hand orders, so the price maintains in a stable level. It is suggested that you can purchase as per firm demand to avoid any risks.

4. Spandex

There is no big change in spandex market, and it keeps rigid-purchase rhythm. It’s recommended that you can purchase as per orders.

5.Nylon

   Pure benzene still kept range shocked, and the spot price of CPL tends to be stabilized. The High speed spinning chips performs better than normal spinning. Supported by the cost side, factories mainly keep the prices for the time being.It is recommended that you can stock up moderately when the price stays in a relatively low level.