According to the Commodity Market Analysis System of Shengyi Society, the price of domestic polyester staple fiber has been fluctuating upwards recently. As of August 26th, the average market price of domestic polyester staple fiber (1.4D * 38mm) was 6585 yuan/ton, an increase of 1.73% compared to August 20th.
The positive support from the cost side has strengthened, and as of August 25th, the settlement price of the October WTI crude oil futures contract in the United States was $64.80 per barrel, while the settlement price of the October Brent crude oil futures contract was $68.80 per barrel. The PTA plant in East China has been shut down for maintenance, and the supply balance sheet has been reduced to expand inventory. The focus of spot prices has strengthened. As of August 26, the average market price in East China was 4922 yuan/ton, an increase of 4.28% from August 18.
The price of raw materials has risen, and the wait-and-see atmosphere in the downstream yarn market has increased. Market transactions are still average, and prices remain stable. Among them, the price of Changle T32S remained stable around 10350; Vortex spun polyester yarn T30S sold at 10400. The demand for terminal orders is difficult to improve in the short term, and the main focus is on stocking raw materials for urgent needs.
Business analysts believe that, driven by cost support, the overall atmosphere of the industrial chain is still acceptable. The traditional peak season for “Golden September” textile is approaching, and the market inquiry atmosphere will gradually become active. Therefore, overall, the market price of polyester staple fiber still shows a strong trend.

1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the market price of pure benzene fluctuated slightly and rose this week. On Monday, the price of pure benzene was 6145.33 yuan/ton, and on Friday it was 6272 yuan/ton, with a price increase of 0.43% during the week.
2、 Market analysis
Pure benzene: The market price of pure benzene has slightly increased today. Yesterday, international crude oil futures closed higher, and the trading atmosphere in the pure benzene market improved due to its impact. Refineries and traders reported strong trading. However, frequent updates on downstream device maintenance may affect future demand, and there is a lack of follow-up on essential needs, resulting in limited overall price increases.
Downstream aspects
3、 Future forecast
Crude oil futures: On August 21st, international crude oil futures continued to rise. The settlement price of the October WTI crude oil futures contract in the United States was $63.52 per barrel, an increase of $0.81 or 1.3%. The settlement price of Brent crude oil futures for October was $67.67 per barrel, an increase of $0.83 or 1.2%.
Foreign pure benzene: On August 21st, FOB Korea rose by 4 to 736 US dollars per ton, and CFR China rose by 3 to 751 US dollars per ton. FOB Rotterdam has increased by 2 to 671 US dollars per ton, while FOB US Gulf has increased by 5 to 265 US cents per gallon.
Overall expectation: The pure benzene market is expected to experience slight fluctuations in the short term, with cautious trading. Observe the cost and demand side news. Continue to monitor the trends of crude oil and external markets, as well as the impact of changes in pure benzene and downstream equipment dynamics and demand on the price of pure benzene.

According to the Commodity Market Analysis System of Shengyi Society, the domestic PTA market slightly rebounded this week (August 18-22), with an average price of 4771 yuan/ton in the PTA market in East China, an increase of 1.08% from the beginning of the week.
The crude oil market prices fluctuated mainly. As of the 21st, the settlement price of WTI crude oil futures in the United States was $63.52 per barrel, and the settlement price of Brent crude oil futures was $67.67 per barrel. However, the overall fundamentals of PTA have improved, and the overseas market supply of PX on the cost side is slightly tight. The expected production of new PTA facilities at home and abroad has strengthened demand support, and PX is gradually strengthening. PTA East and South China facilities have postponed restart and shutdown due to unforeseen circumstances, optimizing their own supply structure. Downstream polyester demand is stable and there is a high volume of production and sales. Combined with the recent macro driven improvement in commodity sentiment, the PTA market price has risen slightly.
Looking at the future, in terms of PTA’s own supply, the continuous low processing gap has led to an increase in PTA plant maintenance plans in August. Coupled with the unplanned maintenance of Hengli Huizhou PTA plant over the weekend and weak expectations for new adjustments in domestic PTA plants, the short-term supply side will narrow, and the overall industry operating rate will be around 71%.
As costs continue to rise, the mentality of downstream polyester factories is also boosted, such as the polyester filament industry following suit. But downstream weaving enterprises are increasingly resistant and maintaining a focus on replenishing essential goods. In terms of terminal weaving, since August, with the easing of tariffs, the orders for autumn and winter fabrics and foreign trade home textiles have gradually increased, and the operating rate of mainstream weaving industries in Jiangsu and Zhejiang is around 52%.
Business analysts believe that PTA is currently experiencing a phase of improvement in supply and demand, and the traditional peak demand season for September is approaching. They also have expectations for September demand. Among them, the urgent orders for home clothing and bedding fabrics in early winter have been gradually released, while the autumn clothing orders have entered a centralized delivery period, which will jointly promote the sustained recovery of the overall market atmosphere. In addition, driven by macro and cost factors, PTA prices will continue to operate strongly in the short term.

According to the Commodity Market Analysis System of Shengyi Society, as of the 19th, the price of ethyl acetate was 5423.33 yuan/ton, a decrease of 0.18% compared to the price of 5433.33 yuan/ton on August 11th, and a decrease of 0.43% from the beginning of the month. The supplier’s equipment is running smoothly, the downstream demand performance is average, the market trading atmosphere is weak, and the ethyl acetate market is running weakly.
The operating rate of domestic ethyl acetate plants is not high, and the overall operation is mostly stable. Enterprises ship according to demand, and downstream purchasing enthusiasm is not high, resulting in slow inventory consumption. The acetic acid market on the raw material side fluctuates, and overall transactions are average, which does not provide enough boost to the ethyl acetate market. Enterprises are mainly adopting a wait-and-see attitude, and the price of ethyl acetate is stabilizing.
In the future, the overall capacity utilization rate of ethyl acetate is not high, and the mentality of enterprises is mainly wait-and-see. Downstream consumption is slow, the market trading atmosphere is flat, and the supply and demand situation in the market is mainly deadlocked. Currently, the market news is quiet, and it is expected that the price of ethyl acetate will remain weak and stable in the short term. Specific attention should be paid to changes in supplier equipment and downstream follow-up.

According to the analysis of the Business Society’s market monitoring system, on August 19th, the domestic market price of silicon metal # 441 was based on 9610 yuan/ton, which was basically the same as August 15th. Compared with August 1st (the market price of silicon metal # 441 was 9980 yuan/ton), the price decreased by 370 yuan/ton, a decrease of 3.71%.
From the commodity market analysis system of Shengyi Society, it can be seen that recently, the overall market situation of domestic silicon metal 441 # has shown a consolidation and operation. During mid August, the overall market volatility of the domestic silicon metal market was not significant, with sporadic narrow adjustments in some regions and brands, and the overall market consolidation was the main trend. As of August 19th, the reference market price for metal silicon 441 # in East China, Kunming, Huangpu Port, Tianjin, Sichuan, and Shanghai is around 9600-9800 yuan/ton, 9600-9800 yuan/ton, 9500-9700 yuan/ton, 9200-9300 yuan/ton, and 9800-10100 yuan/ton, respectively.
Fundamental situation
Construction status: Currently, the overall construction of metallic silicon in Xinjiang has slightly increased, with weekly construction at around 57%. The overall operating rate of metals in the northwest region is around 76%, and the overall operating rate remains stable. The operating rate of metallic silicon in Yunnan region is around 68%, and there is currently little overall change. The operating rate of metallic silicon in Sichuan region is around 56%, and the operating rate is basically stable.
Supply and production situation: In the first ten days, the resumption of production by major factories in Xinjiang has driven the overall release of market output, resulting in a slight increase in overall market supply. The overall inventory level in the market is still acceptable.
In terms of demand: Currently, the demand for metal silicon in downstream polycrystalline and organic silicon markets mainly continues to be driven by rigid procurement. It is expected that there will be little change in the overall downstream production expectations in the short term.
Market analysis in the future
At present, the overall supply and demand transmission in the metal silicon market is relatively loose, the trading atmosphere on the market is weak, and the mentality of industry players is average. Business Society’s metal silicon data analyst predicts that in the short term, the domestic metal silicon market will mainly adjust and operate within a narrow range, and specific changes in supply and demand information need to be closely monitored.