With the gradual recovery of processing orders from printing and dyeing factories after May Day, the entire printing and dyeing industry has also ushered in its long-lost peak season! After several months of declining prices, the price of disperse dyes began to stabilize at the end of April. Currently, with the increasing purchase volume of printing and dyeing factories on the demand side, coupled with the constant environmental pressure in dye production clusters, the price of disperse dyes is relatively high. It has increased month-on-month, among which the dispersed black ECT300% has resumed its quotation at 25 yuan/kg, and may continue to rise in the future!
Multiple countries have been unblocked! Demand is back!
Crude oil rebounded violently by 380%!
More than 20 countries, including Spain, Germany, France, Austria, Denmark, and the Czech Republic, have begun to partially unblock businesses, and some countries have begun to partially resume work and market. With hopes of reactivating global economic activities, demand for crude oil is gradually picking up.
A report shows that China’s crude oil demand has basically returned to pre-epidemic levels. Plus Saudi Arabia voluntarily cuts production by another 1 million barrels. These good news helped oil prices jump to a two-month high, with U.S. crude oil futures soaring 8.12% and London Brent crude oil futures rising more than 7%, approaching the $35 mark.
WTI crude oil has risen by about 380% from its lowest intraday price of $6.5 on April 21.
If crude oil goes up, I will go up! If crude oil falls, I won’t!
Are you so naughty in the chemical industry? !
Last week, among the 64 important chemical products, 33 products increased, accounting for 51.6%; 18 products declined, accounting for 28.1%; and 13 products remained unchanged, accounting for 51.6%. Accounting for 20.3%. The top three products with the highest increase were MMA (↑27.08%), isopropyl alcohol (↑14.29%), and acrylic acid (↑10.45%). Among them, the three products with the highest declines were phenol (↓6.47%), EDC (↓4.44%), and butadiene (↓4.44%).
Chemical raw material growth list
Printing and dyeing factories are hiring quickly
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“Now that business is picking up, manpower is a little tight,” Director Zhu, the administrative personnel responsible for recruitment at a printing and dyeing company in Shaoxing, told Printing and Dyeing Man-Editor-in-Chief Wang Feng. According to Director Zhu, the factory she is currently responsible for recruiting has a printing branch that mainly handles orders for the domestic market, and a dyeing branch that handles orders for foreign trade. Since the beginning of May, business has obviously gotten better. There are not enough manpower, there is a shortage of people on the machine platform, there is a shortage of employees, and it is necessary to supplement the manpower.
Real shots of a printing and dyeing workshop in Jiangmen, Guangdong in mid-May
After entering the second quarter, due to Early orders were intensively canceled and delayed, resulting in a continued lack of market orders. Manufacturers’ gray fabric inventories once triggered a warning line, especially for peripheral manufacturers. Due to their high production capacity, inventory pressure is greater, which severely affects the production enthusiasm of most weaving manufacturers.
However, as international oil prices have risen for five consecutive years, polyester filament yarns have risen for three consecutive years, and many foreign countries and regions have begun to relax epidemic control and gradually lift blockade restrictions, the downstream gray fabric market has There was a lot of excitement before the holiday, and solid orders for domestic and foreign trade were placed. I have to say that this is indeed exciting news.
Domestic and domestic trade orders have been issued one after another
“We have recently received Foreign trade orders of tens of thousands of meters have arrived from Japan, Portugal, and Spain. Following the centralized cancellation of foreign trade orders in April, foreign trade orders have been received again. The whole company is very excited. It seems that there is hope for further foreign trade orders. .” revealed a trader in Wujiang area.
Coincidentally, a trader who sells imitation silk also revealed: “There were really no orders for imitation silk in March. In mid-April, domestic trade customers began to place orders. I also received an order in May, which is for a brand owner. Generally, brand owners have relatively high requirements, with a profit of about 20%. “
After visiting the market , the orders received by cloth bosses vary, but generally speaking, both domestic trade and foreign trade have improved to a certain extent, although the order volume is incomparable with previous years. In addition, for the upcoming 618 e-commerce season, it is generally necessary to stock up 1-2 months in advance. From a time perspective, clothing factories are currently in the stage of stocking up.
The weaving operation rate continues to increase
After the May Day holiday, various Large cluster manufacturers have resumed production one after another. However, what is different from the situation surveyed before the holiday is that after returning from the May Day holiday, many manufacturers have increased their operating hours, and some companies are even operating at full capacity.
It is reported that the current water spray activation rate in Shengze and Changxing areas has increased to around 70-80%, the Xiaoshao circular knitting activation rate is around 50%, and the warp knitting activation rate is also around 70%, which is relatively high. At the end of April, the market operating rate generally increased by about 10%.
“Recently, the operation of our factory has been better than before. Before, 35 looms were stopped, and now 20 are in operation. The rest depends on the market. If it gets better in the future, We are going to start all of them!” said a textile boss with nearly 300 looms.
Another weaving factory owner also said that after returning from the holiday, downstream goods acquisition and price inquiries were significantly better than in the previous period. Looking at the market, there is hope.The material was also at a low level, so he turned the machine on at full capacity again, whereas before it had been running at 80% capacity.
The market is heating up, and goods are shipped every day
Compared to In April, textile bosses drank tea leisurely and were in a panic state. Entering May, many cloth bosses began to get busy. “Our orders have improved a lot recently. We mainly make four-sided bullets. Recently, the market orders have increased significantly, such as 100D plain four-sided bullets. Basically, there is a truckload every day, about 80,000 to 90,000 meters!” One owner owns 300 units. Mr. Chen, the textile boss of the loom, said.
In addition, the recent sales of summer clothing fabrics have also been better than in the previous period. Some manufacturers said that they have placed hundreds of thousands of meters of orders after the holidays. In the early stage, due to the lack of domestic and foreign trade orders, the inventory of manufacturers of imitation silk fabrics increased significantly. As the domestic trade market gradually recovered, the sales of imitation silk in the market were boosted. Some products even caused a wave of market demand due to tight supply. , among which last year’s best-selling product, matte SPH, stood out. The manufacturer said that downstream demand was good, the market popularity was obviously better than other products, and the price was also rising steadily.
The general manager of a textile enterprise said that foreign trade orders have been recovering recently, and the number of customers asking for prices has increased significantly. He also improved production in the second quarter compared with the first quarter.
“The European market will also restart in the near future, and our customers will resume work, so we will receive more new orders by then. Compared with the same period last year, our orders have shrunk. 50%, but the dark times will eventually pass and orders will come back.”</p
