PTA price narrow rise

According to the price monitoring of the business community, on May 28, the current price of domestic PTA rose slightly. The average price of the spot market was 4670 yuan / ton, down 0.37% in a single day. The main force of PTA futures 2109 closed at 4696 yuan / ton, up 16 yuan / ton, or 0.34%.

POLYVINYL ALCOHOL

Statistics of recent changes in domestic PTA plants

manufacturing enterprise Unit capacity (10000 tons / year) Device changes

Ningbo Yisheng sixty-five May 21, 2021 overhaul for one week

Yangzi Petrochemical sixty-five Unexpected shutdown on May 5, 2021, restart time to be determined

Livan polyester seventy Maintenance for one month on May 13, 2021

Dushan energy two hundred and twenty Overhaul on April 13, 2021 and discharge on May 18, 2021

Chuanneng chemistry one hundred It was overhauled on April 1, 2021 and started to restart on May 13

Fuhaichuang four hundred and fifty Load reduction from May 20, 2021 to the end of May

Sino Thai Petrochemical one hundred and twenty Parking in the evening of March 7, 2021 and discharging in the middle of May

Yizheng Chemical Fiber thirty-five About 10 days of maintenance on May 6, 2021

Hengli Dalian two hundred and fifty Maintenance is planned to start on June 1 for 2 weeks.

Yadong petrochemical seventy It is planned to be overhauled for 8 days on June 8, 2021

Yisheng new materials three hundred and thirty It is planned to test run from June to July 2021

PTA mainstream suppliers in June PTA listing price 4900 yuan / ton, at the same time announced the maintenance plan in June, and individual PTA device delayed restart, the current industry operating rate is stable at around 83%. It is also reported that the main PTA suppliers reduced their supply by 40% – 50% in June, which is good for the market mentality. Due to the reduction of supply by large factories, the market continues to go to the warehouse in the short term, and the spot circulation is still tight.

On May 27, the international oil price rose slightly. The settlement price of the main contract in the US WTI crude oil futures market was 66.85 US dollars / barrel, up 0.64 US dollars. Brent crude oil futures market settlement price of the main contract at 69.46 U.S. dollars / barrel, or 0.59 U.S. dollars. Downstream polyester filament factory sales promotion, Jiangsu and Zhejiang region part of the mainstream big factory down 100-300 yuan / ton, production and sales hot.

Xia Ting, an analyst at the business news agency, believes that the PTA unit’s negative load reduction and maintenance expectations are superimposed on the strong shock of crude oil. However, due to the influence of traditional off-season in the downstream, the high production and marketing of polyester filament lacks sustainability, and the effect of boosting PTA market is limited. It is expected that in the short term, PTA market will be dominated by a narrow range.

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