Since February, driven by the overall surge in crude oil, non-ferrous metals, chemicals and other commodity futures, the polyester filament market has started to rise; with the subsequent rise in international oil prices and the rise of ethylene glycol Boosted by positive factors such as the daily limit, the polyester market has always been in a state of rising, and the price center has also risen.
Especially after the Spring Festival, perhaps driven by the continued strength of international oil prices, the polyester filament market has seen a more obvious rise, with general increases from time to time. It is said that some Chemical fiber manufacturers even raised prices three times in one day. Whether it is FDY, POY or DTY products, there has been an increase of 1,000-1,500 yuan/ton in more than half a month, some of which are slightly higher or slightly lower.
On the 23rd, driven by another sharp rise in external crude oil, the polyester market rose crazily again!
Traders began to prepare goods in large quantities
The conflict between polyester factories and weaving factories may intensify in the later period
How will the gray fabric link, which is in the middle of the industrial chain, perform when raw material prices frequently rise? ?
The continuous rise in raw material prices has prompted traders who had been “sitting aside” and waiting for the lowest price to stock up. It is understood that many weaving manufacturers said last week that they were busier than before, with more or less people coming to pick up goods.
A manufacturer of imitation memory said: “We shipped 30,000 meters of goods on the first day, and tens of thousands of meters of goods were shipped in the next few days. Our Most workers did not return home during the Spring Festival, so production capacity recovered quickly, and now the operating rate has basically reached 80%.” Another foreign trader also revealed: “Foreign customers have ordered 180,000 meters of pongee. “Foreign customers frequently inquire about price and proofing, and now we have 5 or 6 samples on hand.” Another industry and trade company that makes artificial silk also revealed: “After we start work, we will have 70,000 meters of artificial silk to arrange delivery. , they all placed orders years ago, and there are many samples, most of which are for foreign trade customers.”
At the same time, the increase in raw materials has reached more than a thousand yuan, and the cost of weaving manufacturers has Straight up! Unable to bear the rising price of raw polyester filament, the Taihu Lake Shade Cloth Association, which owns hundreds of weaving companies, has begun to raise prices together again. The reason why companies are so sensitive to the price of raw materials is that usually, the company’s inventory is 7-15 days, and many companies purchase raw materials after receiving orders. When the order is signed, the price of polyester filament is at a low point, and the purchased At that time, prices rose, corporate profits were compressed, and some even suffered losses.
But in the future, polyester manufacturers whose inventories have been at low levels will still not miss the opportunity to increase prices. It may be possible to take advantage of this huge benefit to push up prices again. Many people in the industry said that compared with other chemical fiber raw materials, polyester yarn can be said to be easy to rise but difficult to fall. As long as the market is favorable, the polyester yarn market will definitely seize it as soon as possible. Then it goes up. The downstream companies are also very cooperative and will pick up the goods as soon as the price increases. The market situation of polyester yarn is like the wind, blowing suddenly and violently. When the good news fades away, it is very difficult to fall. The main reason why polyester yarn is so good is that I have confidence. Since the industry is booming, no matter how the price increases, the goods can still be sold.
However, the bosses of many companies also told the editor that the current increase in the prices of PTA and polyester filament has made it basically unprofitable to produce gray fabrics. The price increase of gray fabrics is also an inevitable choice. The quotations for raw materials have increased sharply. If the price rises, companies such as textile and apparel companies need to accelerate the transmission of cost growth pressure to downstream terminals. Negotiation, stalemate, and acceptance will take time. An import and export company in Zhejiang believes that the pressure of rising raw material prices will eventually be shared by cloth factories, clothing companies (or foreign trade companies), purchasers (including foreign brand companies, retailers) and other parties. Significant price increases cannot solve the problem, and all parties in the end need to make concessions. If the price of raw materials rises further and rapidly, problems will arise in terms of product pricing and orders, as well as customers’ fear of buying. In the future, conflicts between polyester factories and weaving companies will also become extremely acute.
Under the influence of factors such as the epidemic, various costs continue to rise. Driven by costs, chemical fiber raw materials are easy to rise but difficult to fall. Although some people say that polyester production capacity will increase significantly this year, chemical fiber raw materials will be oversupplied, and prices will still fall in the future, the economic recovery after the epidemic cannot be ignored. There are too many influencing factors in the future, and the trend of raw materials is uncertain. It is recommended that everyone stock up rationally and pay more attention to market dynamics.
But the editor can only say: The current market situation is not suitable for talking too much, so just stop talking.