Since August, the stalemate in the polyester staple fiber market has been difficult to break, and its market demand has always been in a tepid situation. Buyers mostly take orders in small quantities and are cautious. Although China's domestic polyester staple fiber manufacturers have low stocks, but lack of strong and strong support factors, can not form a favorable pull on the polyester staple fiber market, it is expected that the short-term polyester staple fiber market will continue to fluctuate in the dilemma. The following is a detailed analysis of the various favorable and negative factors faced by the author from the current polyester staple fiber:

Polyester Staples Quotes

First, the cost of support weakened <br> <br> face can be clearly seen from the example of the "East China polyester staple fiber price chart," market trend late July and early August has shown a steady upward trend, the market price from stalemate The state began to enter the ascending channel. This upward performance was mainly attributed to the recovery of the upstream raw material market, and the continuous upward movement of prices. However, the long-term growth was not long. The subsequent upstream raw material market conditions did not maintain a long-term firm trend. The cost support surface of polyester staple fiber has weakened.

From the perspective of the upstream international crude oil, the oil price experienced a nearly three-month shock consolidation pattern, and the market has always been stagnating between US$70-80/barrel, until the oil price in the New York market rose sharply on August 2, the international crude oil price. Once again, he stood on the spot of 80 US dollars/barrel, and after rising continuously for several days, it rose above 82 US dollars per barrel. Due to negative factors such as investors’ concerns about the slowdown in the US economic recovery, international oil prices fell sharply for several consecutive days after the 10th and the oil price fell directly below US$76 a barrel; as of the close of the 17th, New York The price of light crude oil for delivery in September on the commodity exchanges closed at US$75.77 per barrel. The price of Brent crude oil in the North Sea market closed at US$77.46 per barrel.

Second, the revocation of anti-dumping duties or export volume will increase Diduan <br> <br> Indonesian Anti-Dumping Committee recommended that imports from India, China Taiwan and mainland China polyester staple fiber expropriation anti-dumping duties on May 11, 2010. Until recently, this anti-dumping tariff plan was opposed by the Indonesian Textile Association. The repeal of this anti-dumping duty will help increase the export volume of China's polyester staple fiber.

It is reported that in 2009, Indonesian spinning mills consumed about 214,000 tons of local polyester staple fiber, while imported polyester staple fiber was about 745 thousand tons. It can be seen that Indonesian spinning mills rely heavily on imported polyester staple fiber, and The main imports are China, Taiwan, Malaysia, and Thailand. Compared with import prices, the export prices of mainland China are relatively low compared to other countries, which is more conducive to exports. At the same time, the recent Indonesian polyester staple fiber installations are being overhauled, resulting in a significant shortage of supplies. The 3-4 weeks of maintenance carried out by TIFICO in July 2010 led to a shortage of 10,000 tons of polyester staple fiber in the market; Sulindafin's maintenance will take 2-3 weeks in September 2010 and will result in the lack of 2,500 tons of polyester staple fiber. The overhaul of ITS in October 2010 will result in a shortage of 5,000 tons of supplies. In addition, according to professional sources, the local supply price of polyester staple fiber in Indonesia is relatively high compared with the import price, and up till now its price still has an upward trend, which also causes the yarn manufacturers in the country to prefer imported polyester staple fiber. One of the factors.