On September 23, polyester filament production and sales suddenly exploded, with the average production and sales of polyester factories reaching 180%.
On September 24, polyester filament production and sales were still excellent, with the average production and sales of polyester factories reaching around 120%;
9 On March 25, polyester filament production and sales finally fell back, but still reached about 80%…
As we all know, this year’s polyester filament yarn has a strange phenomenon of “no sales, no promotion”. Therefore, seeing such production and sales, the editor immediately looked for news about whether polyester factories had promotions. Then it was discovered that not only did the polyester factory have no promotions, but the price of polyester filament even increased slightly. Although the increase is not large, only 50-100 yuan/ton, it is also a “wonderful scene” in 2020. What is the logic of this round of polyester price increases? Will this be the last round of prices in the polyester market after the National Day?
The market is picking up, and textile companies are receiving more orders
Judging from the situation surveyed in the past month, after entering September, the number of orders in the market has recovered. No matter how bad the market situation is in 2020, no matter how great the impact of the new crown epidemic is, September and October are the traditional peak seasons of the textile industry. It will still not change, and seasonal orders will still be placed at specific times.
The current situation is that some fabrics such as T400, T800, imitation memory, and four-way elastic, which are in season and have not accumulated much inventory in the first half of the year, are performing very strongly at this stage. When there are some urgent orders, there will be a shortage of supply in the market.
On the other hand, conventional fabrics such as pongee, polyester taffeta, and imitation silk are either in the wrong season or have too much inventory accumulated in the first half of the year. Not even close. However, there are situations in the market where new fabrics are required rather than inventory, so there are still many orders for this type of conventional products.
According to previous years’ experience, fabrics for autumn and winter, Double Eleven, and the Christmas season are often concentrated during this time period. When there are orders, silk must be purchased. Weaving companies are currently concentrated on It’s not surprising to buy silk.
It can also be clearly seen from the loom start-up rate. According to the data monitoring of China Silk City Network, the average start-up rate of water-jet looms in Jiangsu and Zhejiang regions has returned to 73% at this stage. %, although there is still a certain distance from the operating rate of about 90% in previous years, it has increased by about 10% compared to the same period in August. The opening of these 10% water-jet looms will naturally drive the production and sales of polyester yarn on the market.
During the National Day holiday, weaving companies prepare silk in advance
In addition, the time has come to the end of September, and the National Day holiday is just around the corner. If the past market conditions were normal, it would be good for weaving companies to take a three-day holiday. However, the market situation was not good in the second half of last year, and a large number of weaving companies were closed for more than 7 days.
From what we have learned so far, due to the poor market conditions and heavy financial pressure, most weaving companies will only have a lot more holiday time during the National Day this year than last year, and some will The boss even said that they would be closed for 15 days during the National Day.
Whether it is 7 days or 15 days, it is difficult to predict what changes will occur in the market if work is not started for such a long time. In the past, polyester filament prices tended to rise to a certain extent after the National Day. Although the situation is different this year, polyester prices are now so low that there is little chance of a fall.
The possibility of an increase is high, but the possibility of a decrease is small. Then the logic for weaving companies to buy more silk in the near future is established.
The market outlook is still unclear
But at the same time, we have also seen that the polarization of textile companies in the market is very obvious. Weaving companies that make conventional products and receive orders are not as good as in previous years still occupy the majority of the market, and they generally have more serious problems. Due to the financial pressure, we will not invest a large amount of precious working capital in purchasing raw materials.
Although polyester production and sales have improved, it has only improved for two days, and there has not been the explosive production and sales of 300% or 400% in the past. It can be seen that this year is confusing. Under the current market conditions, textile workers still have some doubts about the future price of polyester yarn.
However, there are only a few days left before the National Day. In the last few days, will there be new fluctuations in the price of polyester filament, and will polyester factories have another It is still unknown whether polyester production and sales will achieve a new round of explosion by using promotional tactics.
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