Overnight, PX stopped falling and stabilized. In terms of polyester raw materials, the decline of ethylene glycol was still relatively large, and the decline of PTA converged and turned into a weak shock. In general, the cost support is still limited. The recent downstream rigid demand has slightly shown that polyester staple fiber factories are taking advantage of the trend to maintain stability and facilitate transactions. As the weekend approaches, production and sales are expected to continue the mild improvement trend within days.
At the end of the month and the beginning of the month, the market was flat. Recently, the operating price of individual factories has bottomed out, and the effect of changing price for volume is not good. It is unlikely that the short-term market price will fall again. When yarn companies show their intention to replenish, pay attention to the direction of manufacturers' operation.
The focus of staple fiber is still unstable, the market transaction atmosphere is flat, the pace of production and sales in the pure polyester yarn market is slow, and small and medium-sized enterprises have accumulated some inventory, and the attitude of buying goods; while the downstream is cautious in buying goods and maintaining rigid demand under the market downturn. It is expected that the pure polyester yarn market will be difficult to improve today, and the atmosphere of buying goods will remain weak.
Viscose staple fiber stabilized and stabilized, and some manufacturers reported that price was exchanged for volume. The rayon yarn companies mainly ship out, and the transaction is flexible and negotiable. At the end of the month, the signs of downstream recovery are unclear. Yarn companies have bearish expectations for the short-term market outlook, and the attitude of buying goods is dominant. It is expected that the rayon yarn market will be stable and small today, and will continue to fluctuate weakly.