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price of polyester staple fiber will fluctuate in September
The price of polyester staple fiber in September is mainly driven or still cost. In terms of cost, first of all, from the perspective of source crude oil, the market may continue to fluctuate widely. The center of gravity of fluctuation is expected to be flat, and the driving force for the price of polymerization raw materials is neutral. There are many maintenance and repairs of PTA units, the supply may shrink, and the output of polyester at the demand side may be reduced. There is an opportunity to rise, so it is expected that the PTA market will rise slightly; the ethylene glycol maintenance equipment will decrease, the supply may increase, and the demand side may show a trend of rising first and then falling. It is expected that the price of ethylene glycol will rise first and then fall, mainly adjusted within a narrow range. Therefore, the cost of polyester staple fiber raw materials or shocks are warmer.
In September, the supply of polyester staple fiber increased, and the demand remained low, showing a situation of strong supply and weak demand. From the perspective of supply, the gross profit in August fell into a loss, and it is difficult to restart the maintenance equipment. However, with the release of new production capacity in Xuzhou, it is expected that the start of construction may increase, and the supply volume will increase compared with the previous month. The demand for polyester staple fiber just dropped.
