The time has come to the end of the year, and weaving companies have begun to take holidays one after another. The polyester market should also fall into silence.
But at this time, several polyester factories in Ningbo were “unwilling to be lonely” and began to promote sales with rare intensity. According to the Internet, the price of POY75D/36F even dropped to 5,800 yuan/ton. , which is nearly 1,000 yuan/ton lower than the regular quotation of this specification. Cloth bosses have also begun to “really fragrant”. The production and sales of these promotional factories have almost exceeded 1,000 yuan.
Why are polyester factories promoting so vigorously at this stage?
First of all, due to the epidemic, workers in textile companies have returned home early due to the epidemic, resulting in a reduction in the operating rate of looms. In 2020, due to the epidemic, textile companies postponed the start of operations, and the inventory of polyester factories “skyrocketed” and exceeded the highest value in history. Under the pressure of high inventory and low demand, the price of polyester yarn almost remained unchanged throughout the year. was suppressed, and profits also shrank significantly.
In order to avoid the recurrence of high inventory, the polyester factory shutdown and maintenance progress this year is much faster than in previous years ：
On January 25, Shaoxing Factory No. 1 expanded the scale of production reduction
Taicang’s 250,000-ton polymer spinning filament unit was shut down for maintenance
Wujiang No. 1 Factory’s 80,000-ton polymer spinning unit was shut down for maintenance. The ester unit was shut down for maintenance
On January 26, a polymer spinning filament unit in Xiaoshan was shut down for maintenance
A polymer spinning filament unit in Ningbo was shut down for maintenance
January 27 , a 200,000-ton polymer spinning filament unit in Xiaoshan was shut down for maintenance and repairs
A 200,000-ton polymer spinning filament yarn unit in Jiangyin was shut down and repaired
Two sets of polymer spinning filament plants in Xiaoshan No. 1 Factory Parking for maintenance
At this stage, the operating rate of polyester equipment has dropped to around 83%, and it is expected to drop to less than 80% soon in the future. If the epidemic can be controlled quickly and weaving manufacturers can operate normally as in previous years, the polyester factory will not suffer losses. After the inventory is low, the financial pressure will be reduced and the right to speak on prices will be increased.
Faced with the vigorous promotions of polyester factories, cloth bosses bought into it. In addition to the very low prices, they also had a bullish attitude towards the future of polyester yarns.
Under the impact of the epidemic in 2020, the demand for textiles has been greatly affected. The price of polyester filament has been at a historical low for almost the whole year. Even if a wave of market conditions comes, Polyester prices rise in the short term, but will soon fall back. It was not until the good news about the vaccine came out in November and December, and the market did see hope of finally defeating the epidemic, that polyester prices finally experienced a “sustainable” rebound, and this rebound also lasted until mid-January. Therefore, until weaving companies go on holiday, weavers’ memory of raw materials will increase.
In addition, in order to fight the epidemic, European and American countries have launched their own economic stimulus plans, and these plans are large Part of it is based on “printing money”. The goods on the market have not changed, but the money has increased. As the world’s largest textile exporter, China has a large number of direct or indirect transactions with these countries, so there will be a great risk of “imported inflation”, and such The risk will be directly reflected in the price of raw materials.
Polyester yarn may rise sharply in the future, and polyester factories are “broken” again, so it makes sense for cloth bosses to buy yarn.
Will there be any polyester factory promotions in the future?
In fact, in the past week, the promotions of polyester factories have almost never stopped. It can also be clearly seen from the recent polyester production and sales that those who do not promote The production and sales of factories are basically hovering at a low level of 20% to 50%, while the production and sales of promotional companies frequently exceed 100%.
Of course, the occurrence of such a large-scale promotion as this time in several factories in Ningbo is an accidental phenomenon and can only happen once in a while. It can only be said that if such an opportunity arises again, there will be little pressure on gray fabric inventory, and textile companies with sufficient funds still need to seize it. After all, for weaving companies, the opportunities to “roll polyester factory wool” are really few. </p
