Just after the Spring Festival holiday, affected by the price increase of bulk commodities such as crude oil, the textile and chemical fiber raw material market has been “rising”. Whether it is low-elastic yarn, yarn or spandex, the price has risen across the board, especially spandex, and even “a surge” has occurred. Boxes are hard to find. Under this background, how will the upstream and downstream markets of Keqiao’s textile industry react?
In the past few days, I have visited relevant companies and found that as raw materials have skyrocketed, the prices of gray cloth and fabrics have also increased. The prices of raw materials are unstable. Many companies have complained that it is difficult to do business. Most companies They are in a wait-and-see state, with orders pressing the “pause button”. However, some companies have actively sought ways to reduce risks by linking upstream and downstream methods through “locking orders”, “down payments” and “quoting the current price”.
The price of spandex has increased by more than 50%. Pay first and then queue up to get the goods
“Spandex has risen too fast!” March On the morning of the 4th, when arriving at the China Textile City International Fabric Purchasing Center, Zheng Zhiguang, general manager of Shaoxing Xinlinglong Textile Co., Ltd., said that the current price of spandex has risen to more than 90,000 yuan per ton, compared with 50,000 to 60,000 yuan per ton after the holiday. tons, an increase of more than 50%. If compared with more than 30,000 yuan during the National Day last year, it has increased by more than 2 times.
“Xinlinglong Textile” mainly sells functional yoga clothing fabrics. In order to maintain good tightness in yoga clothes, the company’s fabrics contain a relatively large proportion of spandex, generally 25-35%. This increase in spandex prices has had a significant impact on the company. The spandex used in the company’s fabrics is purchased by itself. When Zheng Zhiguang opens his eyes every day, the first thing he does is to check the price of spandex on his mobile phone.
He said that the current price of spandex can be said to be at a high level in recent years. Not only is the price high, but it is also out of stock. “To get spandex now, you have to pay the full price first, and then wait in line for the goods. If you still can’t get the full amount, you can only arrange part of it.” Zheng Zhiguang revealed that in the past, not only could the payment be settled monthly, but you could also get as much goods as you wanted. .
Even if Lucky Row arrived, he was still worried about the quality of the spandex. The payment for the goods has been paid, but the goods are in short supply. In such a seller’s market, for companies like them with relatively high product quality requirements, the company may face greater product quality risks when acquiring goods.
Polyester low-elastic yarn generally rose by 15-20% after the holiday and has not yet reached the highest level in history
According to market conditions, From March 1st to 4th, the price of polyester DTY (low elastic yarn) has stabilized and has remained at 9,350 yuan per ton for 4 consecutive days. Compared with February 18, it was 8,350 yuan per ton, which has increased by 1,000 yuan.
“Polyester low elasticity yarn and yarn have been rising since the holiday, with a basic increase of 15-20%.” Mao Yiming, office director of Zhejiang Xingfa Chemical Fiber Group Co., Ltd., said that due to the high unit price of yarn, it is probably The price has increased by two to three thousand yuan per ton, and the current price is temporarily stable.
“Xingfa Group” has a sales department in the Qianqing Textile Raw Material Market of China Textile City, and has been operating in the raw material market for many years. Very sensitive to market changes. Mao Yiming said that some time ago, as the prices of upstream bulk raw materials increased, the prices of chemical fiber raw materials were changing every day. When they rose the fastest, they rose three times a day, opening once in the morning, once in the afternoon, and once in the evening.
From rising three times a day to now being stable for four consecutive days, will the price of polyester low stretch yarns continue to rise in the future? “From a price point of view, the current price of polyester low-elastic yarn has not reached a historical high.” Mao Yiming said that in his impression, there were high prices of 15,000 to 6,000 yuan per ton. As international crude oil prices continue to rise in the later period, it is expected that Polyester low-elastic yarn still has room for growth.
In the Qianqing raw material market, many small and medium-sized raw material traders reported that raw material prices have increased, which is not a good thing for them. It has been difficult to report raw material prices recently. Today’s report will change tomorrow. Unstable prices make business more difficult. It’s hard to do.
As fabric prices rise, most downstream companies are in a wait-and-see manner
Zhejiang Fantesi International Trade Co., Ltd. is the leading textile foreign trade enterprise in our district and has exported foreign trade for many years. Ranking at the forefront of the region, the company has a rich range of fabric products and its products are sold overseas. In terms of grasping market conditions, the company’s chairman Fu Guangyi has his own unique insights.
When it comes to the crazy price increases in the current raw material market, Fu Guangyi seems relatively indifferent. He believes that the market has its own mediation function, and the ups and downs of raw material prices are normal phenomena, and the wave of price increases will eventually pass. At present, the company’s fabric prices follow the market trends. If a new order comes in, his response strategy is also very simple. If there is a profit, he will take it. If there is no profit, he will wait and wait and see what happens.
In the interview, it was found that there are many textile companies like “Vantes” that have a wait-and-see attitude. On the one hand, textile companies have partially stocked up before the year. On the other hand, although gray fabric factories and dyeing factories have resumed work and production, most companies have not fully operated their production capacity. For some orders that are not urgently delivered, everyone is holding the ” Take it easy” mentality.
Recently, the price of yoga clothing fabrics of “Xinlinglong Textile” has also increased, with an increase of between 15-20%. “If we don’t increase the price, we will lose money.” Zheng Zhiguang said that not only himself is waiting and watching, but also downstream clothing customers are waiting and watching. Originally, foreign customers had large orders worth several million yuan before the Spring Festival and planned to place them after the holiday. However, prices have been unstable recently and orders have been suspended. “�All the orders placed a year ago were rushed to be delivered before the Spring Festival. Now we don’t dare to reserve raw materials. We are prepared to wait and see for a few more weeks to see if the price can be stable. As long as the price is stable, I believe orders will still come in. ”
“Lock order” and “down payment” Upstream and downstream work together to reduce risks
In this surge in raw materials, compared with fabric traders, some gray fabric factories Due to the need to support workers, the mentality is relatively more positive. Except for factories that stocked a lot of raw materials before the Spring Festival, some gray fabric factories that did not stock or stocked little were actively linked with upstream and downstream, and through “locking orders” and “down payment” “Report the current price” and other methods to minimize the risks caused by price fluctuations.
In the interview, Lin Longqing, general manager of Zhejiang Shuailong Knitting Co., Ltd., said that some chemical fiber companies have recently Join hands with gray fabric companies to adopt the “order lock” method to stabilize raw material prices. The so-called “lock order” means that the gray fabric company and the chemical fiber company agree to pay the payment first, lock in the price, and then deliver goods within the agreed time according to the needs of the gray fabric company. , if the goods are not picked up within the time limit, the gray fabric companies need to pay warehouse management fees.
In addition, we learned that considering the capital turnover of gray fabric companies, some chemical fiber companies do not require full payment in terms of payment methods while “locking orders”. The “down payment” model has been launched to further alleviate the financial pressure on gray fabric companies. At the same time, in response to the “difficulty in quoting” reported by most companies, more gray fabric companies have adopted the “quote the same day price” method and immediately purchase raw materials after the quotation is successful. When the raw materials are crazy, For gray fabric companies, time is money.</p
