Chemical Fiber Market: Tight Supply In PX Market

In the long run, due to the acceleration of new PX production in Asia since 2013, the supply of domestic PX has shifted from tension to loosening, which will not cause long-term pressure on domestic PTA enterprises.

An oil spill explosion occurred at Tenglong aromatic xylene plant in Gure, Zhangzhou.

Aromatic xylene is an important raw material for chemical fiber industry, which has been tight supply and demand in the market. What will happen to the related products and downstream market?

The aromatics xylene plant in Tenglong, Gure, Zhangzhou, mainly produces PX (p-xylene), which is an important raw material for polyester.

PX's annual output is about 30000000 tons, about 98% of which is used to produce polyester.

The vast majority of polyester is used in the production of polyester, and in part for the manufacture of beverage bottles.

PX products are in short supply in the domestic market. According to statistics, in 2014, China consumed 17 million 660 thousand tons of PX products, of which 9 million 80 thousand tons were imported.

The head of China Chemical Fiber Industry Association told reporters that PX is the largest import product in China's chemical fiber raw materials, and is mainly used for downstream polyester production.

Due to limited domestic capacity, about 60% of PX products in China depend on imports to meet production needs.

The Zhangzhou Gure Tenglong oil spill fire accident will further exacerbate the imbalance between supply and demand of the market, causing the market price of related products to rise.

It is understood that Gure Tenglong

PX capacity accounts for a large proportion of China's PX total capacity and will be domestic.

The normal supply has a direct impact.

If the demand of some contract users can not be met normally, the enterprise can only go to the spot market.

Or look for other domestic PX manufacturers to obtain the source of goods, or even more seriously rely on imported raw materials.

If other PX manufacturers take advantage of this to raise the selling price of PX, PTA will once again face the high price of upstream raw materials.

Market analysts believe that the oil spill fire accident will directly affect the PX supply and push up prices.

In addition, because PX is an important raw material of PTA (PTA), its shortage also causes tight supply of PTA.

If the price of PTA raw materials fluctuates in April, and the price of PTA will increase obviously due to accidents, then the gross profit of downstream polyester polyester filament enterprises will definitely be significantly affected.

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Judging from the trend of market varieties, the market demand for Australian Australian wool yarn has decreased, and price movements have been stable. Among them, the price of 42 Australian Australian wool yarn is around 81500 yuan /T.

The activity of Australian wool yarn has dropped slightly in this week, but 30:70 24Nm/2 has been selling well. It is understood that it is mainly used for long sleeved T-shirt sweater weaving, and also has a mercerized wool nitrile yarn 48N/m/250:50 anti pilling acrylic fiber, and the downstream demand is enlarged.

The price of national worsted yarn has been stable this week, but the market volume has slid.

Flash imitation rabbit hair yarn and sheep yarn market has been shipped frequently. It is mainly used for wool lady's outfit.

The market sales volume of cashmere is stable this week, and prices remain stable. For example, the prices of cashmere 28s and 36s/2 are respectively 30400 yuan /T and 31700 yuan /T; the volume of total nitrile yarn market is still weak, and the price trend keeps stable.

The price of polyester colored yarn is stable this week, and the market is not very well shipped.

Nylon FDY210D this week, the market sales volume is very small, in addition, a kind of Blended Elastic Ma Hai yarn 12N/m (15 wool: 50 nitrile: 24 polyester: 11 ammonia), the market is quite dynamic sales, mainly suitable for making spring summer clothing lady's coat sweater and so on.

From the starting situation of the downstream knitting flat knitting machine, there are signs of decline in the flat knitting machine's starting rate in three horizontal fans, Jiaxing Honghe and Tongxiang Pu Yuan in Wujiang.

Therefore, it is estimated that next week there will be a slight decrease in the market volume of wool yarn, and the price trend may be mainly based on concussion.

The most recent week (March, 31-4, 7) coincided with the "Qingming" small holiday market in the Pu Yuan market. The flow of all kinds of raw materials has been shrinking, regardless of the sweater trade, or the wool yarn market. The demand for all Australian wool yarn is decreasing this week, and the price trend is basically stable.