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End-user market constrains the rebounding scope on polyester market
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End-user market constrains the rebounding scope on polyester market

Views:0     Author:Site Editor     Publish Time: 2019-06-18      Origin:Site

Polyester plants have witnessed low stocks and moderate cash flow now, and the polymerization rate has recovered in Jun, which is expected to be averaged at 91%. 

Stocks of polyester plants (Unit: day)
DatePSFDTYFDYPOY
14-Jun8.820.5126.5
Cash flow of polyester plants (Unit: yuan/mt)
DatePET fiber chipPOY150/48FDY150/96DTY150/48PET bottle chipPSF
14-Jun-28.02261.98156.988526.98136.98
13-Jun40.63330.63225.6385190.63165.63
12-Jun50.21320.21225.2180200.21150.21
11-Jun44.55264.55169.5580169.5594.55
10-Jun-31.02128.9843.98130168.98-71.02

 

Stocks of PTA may be hard to accumulate affected by unexpected supply issue. The short-term shutdown of Sinopec Yizheng, Reignwood, FCFC, Hanbang and Nengtou, the O/R cut of Yisheng Dalian and the restart delay of Luoyang Petrochemical, resulting into reducing supply of PTA in Jun, but the polymerization anticipation adjusts. Stocks accumulation pattern in Jun changes. 


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