According to the business community commodity market analysis system, this week (August 21-25) domestic polyester staple fiber market showed a slight increase. As of August 25, the average factory price of 1.4D*38mm polyester short price was 7660 yuan/ton, up 0.39% from the beginning of the week. At the beginning of the week, crude oil prices rebounded from the low level, PX supply narrowed, and domestic macro policies were expected to benefit the commodity atmosphere, PTA low stage prices rebounded, and cost support increased.

Among them, the domestic PTA market fluctuated slightly upward, as of August 25, the average market price in East China was 6081 yuan/ton, up 1.03% from the beginning of the week. Although the average monthly processing cost of PTA in August fell to a low point in nearly a decade, the unplanned maintenance of PTA devices is also limited, and the current industry operating rate is more than 80%. In addition, PTA main suppliers sell far month supply, the market spot supply is relatively sufficient, traders lack the enthusiasm to hold goods.

The current market of downstream yarn is more low, the mentality is still insufficient, and the demand side has not improved significantly. Terminal textile market, is currently in the off-season to the peak season transition stage, inquiries and shipments increased significantly, export export orders have improved. The market purchase and sales will enter the preheating stage, although the order has improved compared with previous years, but compared with previous years, it is still general.

Business analysts believe that the recent crude oil shock has weakened, the PX market with the realization of the device restart plan, the domestic PX supply capacity has been enhanced, and the PTA device is scheduled to be repaired in early September, and the contradiction between PX supply and demand still exists, which has suppressed the cost rise to a certain extent. In addition, the terminal consumption of raw materials that have been prepared in the early stage is not in a hurry to purchase, and the cautious wait-and-see mood is stronger, and the upward pressure on the price of polyester staple fiber is expected to be greater in the short term.

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