August PX ACP Price Announced

Raw material Market

1. On July 29, New York crude oil August futures rose $0.23 to 41.27 yuan / barrel; Brent September futures rose $0.53 to settle at 43.75 yuan / barrel.

US $396.50/ton of naphtha fell to US $396.50/ton in Japan on the day.

3. On July 29, the price of p-xylene in Asia fell by 9.17 cents / ton compared with the previous trading day, at US $542.33/t CFR Taiwan / Mainland China and US $524.33/t FOB South Korea, respectively. At present, the futures premium range of September and October goods has been expanded to 16 US dollars / ton, of which the highest bid price is 17 dollars / ton, and the lowest price is 15 dollars / ton.

4. In the early days of August, the main port's goods source offered a discount of 09 yuan for contract, 40 yuan for delivery and 35-40 yuan for negotiation of warehouse receipt. The price of this day's offer is US $45430 / T, and the supplier's quotation is $5540t / PXA, which is US $5540t / PTA. The supplier's quotation is usd5540t / PTA in May.

MEG futures were weak in the afternoon. We'll make you an offer of RMB 3655 / T nearby for RMB 3685 / T / month. In the afternoon, Meg's external offer was mainly sorted out. Recently, the ship's offer was near $435 / T, and the bid was within $435 / T. the negotiation atmosphere was relatively light.

6. The selling price of PTA on July 30 was maintained at 455 USD / T.

The price of Exxon Mobil Co., Ltd. was quoted by US $690 / T in Asia (US $690.8 per ton).

8. It is reported that a set of 220000 ton PX plant in Central China has been shut down for maintenance since yesterday, which is tentatively maintained for about 40 days.

9. A 40000 ton MEG plant in Jiangsu was restarted today after it was shut down on July 17.

10. Compared with yesterday, PTA was stable at 3540 yuan / ton, MEG fell 19 to 3633 yuan / ton, and polyester cost fell 6 to 4244 yuan / ton.

Downstream dynamics

1. The trend of PTA futures is strong today, and the transaction center of polyester in Zhejiang market is stable and rising. At the end of the downstream month, the sales of POY factory were more popular, and the overall transaction of polyester fiber recovered. It is expected that the trend of polyester center of gravity will be stronger and higher in the short term. At present, the main quotation of POY 100D / 36F is 5150-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7850-8050 yuan / ton.

2. Today, the sales of Jiangsu and Zhejiang polyester yarn are generally in general, and the sales of promotion factories are good. The production and sales of some POY are 150%, 500%, 260%, 100% and 80%; the production and sales of some FDY are 60%, 200%, 110%, 150%, 88%; and some DTY are 95%, 40%, 80%, 100% and 70%.

3. The trading atmosphere in Jiangsu and Zhejiang semi optical chip market has recovered, and the downstream should replenish the goods as needed. It is heard that the mainstream orders are close to 4450-4550 yuan / ton (cash).

50-50 tons of polyester fiber in the lower reaches of Shandong Province, and 50-50 yuan / D in the downstream market.

5. This morning, most of the quotations of Jiangsu and Zhejiang polyester staple fiber manufacturers were maintained, and some low prices were raised. The actual orders were mainly discussed for shipment. The mainstream quotation of 1.4d was about 5350-5550 yuan / ton, and the actual price was about 5250-5450 yuan / ton.

6. The quotation of Fujian polyester staple fiber manufacturers is stable, and the actual order is mainly discussed for shipment. The 1.4d quotation is delivered in 5500 yuan / T short distance, and the actual sheet negotiation or 5350-5450 yuan, one single negotiation.