Spot market: according to the test data of business agency, recently, the market quotation of pure polyester yarn has shown a stable, medium and slight rise. 32S pure polyester yarn is reported at about 14575 yuan / ton, up 125 yuan / ton from 14450 yuan / ton at the beginning of the month. The market sales showed a flat trend, and some varieties took the goods in general. According to some market participants, the actual sales in the market are basically general, the price is basically stable, there are still few large downstream orders, the purchase enthusiasm is not high, and the yarn manufacturers mainly consume the inventory of the industrial chain. The staff of the yarn factory generally reflect that the profit of the yarn factory is the best in recent years. At present, there are waves in the sales market from time to time. The production and sales of the yarn factory are still balanced, the inventory is basically small, and the manufacturer’s mentality is basically good.

Upstream polyester staple fiber: today, the contract price of staple fiber pf2109 closed at 7166 yuan / ton, down 0.39% from the previous trading day. The production and sales of staple fiber factory are weak, and the spot processing difference is compressed to 700 yuan / ton, which is in a state of negative cash flow. Poor production and sales, superimposed low processing space, increased parking devices in staple fiber plant, and increased maintenance concentration compared with the previous period. At present, the operating load of the industry is 85%, down 5% compared with the previous week.

Downstream demand: weak new orders, high inventory, tight working capital, superposition of epidemic reasons, the start of Jiangsu and Zhejiang looms fell. The operating rate of Jiangsu and Zhejiang looms decreased to 79%, and Changshu warp knitting was 80-90%; 80% of Haining warp knitting and Siyang water spraying; Changxing water spray 90% slightly lower; About 60% of Xiao Shaoyuan machine; Wujiang water spray is 80%, slightly higher.

Jiangsu and Zhejiang terminal factory procurement followed up cautiously. Crude oil is weak and the atmosphere of new orders at the terminal is poor. Therefore, at present, the downstream mainly focuses on the preparation of raw materials in the early stage, and the procurement follow-up under the low promotion price last week is limited. Up to now, the raw materials of the terminal factory have been prepared from mid August to late August.

Since the beginning of this month, new orders for terminal grey cloth have weakened; Last week, new orders for warp knitting, circular knitting machine and water jet grey cloth weakened comprehensively, and the export volume also decreased again. In terms of inventory, the inventory of woven and knitted varieties has entered a high level, and the subsequent funds of cloth merchants and manufacturers are weak.

In addition, the recent epidemic situation has been repeated, unforeseen factors have increased, some markets are in a semi closed state, and manufacturers’ production prudence has increased.

Suggestion: pay attention to the impact of the epidemic and the demand for downstream orders.