WTI/Brent (24^th Apr.,2023- 10^TH May,2023)

PX (24^th Apr.,2023- 10^TH May,2023)

PTA (24^th Apr.,2023- 10^TH May,2023)

MEG (24^th Apr.,2023- 10^TH May,2023)

1. Polyester filament 

Currently the fluctuation of crude oil market is obvious, drops first and then rebounds, which causes the polyester raw material to maintain a significant range shocked.

   On product side, factories mainly maintain prices or increased slightly with the rising polyester raw material. Recently, as the downstream replenishment cycle approaches, polyester factories have secretly started to have some promotions, which has improved the production and sales, reaching 300%-400% in the end of the day.

Overall, the terminal demand is still limited, the market keeps watch-and-see attitude and executes rigid-purchase. It is suggested that you can purchase according to order. For long-term, need to focus on the trend of raw material, the operation situation of polyester and downstream.

2. PSF

 Driven by the Crude oil, the PSF futures fluctuated weakly. The PSF market was general and firm order transaction still based on negotiation. The market overall keeps rigid-purchase or hoards up moderately when the price stay in a acceptable range.

3. VSF

After the International Labor Holiday, the VSF market atmosphere has improved to some extent. Some factories have obtained a large number of orders. In this case, the VSF factories had strong initiative and increased prices. Currently, they don’t have any inventory pressure and executes in-hand orders in current stage.

4. Spandex

Currently, the Spandex still stays in a customer-oriented market. But some items are sold well after holiday and have no space to negotiate price.It is recommended that you can purchase as per firm order or hoards up moderately when the price reaches in a acceptable level. 

5. Nylon

Driven by the Crude Oil, the Pure benzene rebounded to some extent. CPL price mainly keeps stable. For the chips market, the transaction of normal-spinning one was general, while high-speed spinning one is keeping strong.