I originally hoped that the market would improve in August, but God seemed to have made another joke on the market. Some time ago, polyester filament started to slowly increase. However, due to the high inventory of downstream weaving companies, the start-up rate has not improved. The demand for polyester has not improved significantly. With insufficient support, polyester production and sales are difficult to increase. , continues to remain near 60%.
Recent , polyester yarn started a downward trend for several consecutive days. As of now, the price of polyester filament FDY products is around 5,650 yuan/ton, the price of POY products is around 5,100 yuan/ton, and the price of DTY products is around 6,620 yuan/ton. Compared with the previous period, they have all declined to varying degrees. Polyester manufacturers have launched a new round of large-scale discounts and promotions, but textile companies are not enthusiastic about purchasing, and most of them focus on digesting inventory. The transaction atmosphere in the polyester market is not good, and there are occasional over 100 market prices, but it is difficult to sustain. Sluggish production and sales and high inventories of polyester manufacturers have further lowered polyester yarn prices.
The “diving” of polyester raw materials has once again chilled the hearts of industry professionals! Fortunately, when everything falls, it alone rises! There is still a little red among the green!
The trading atmosphere in the rayon yarn market has picked up slightly recently. Among them, Vortex Textile Co., Ltd. is competing to be the vanguard of the rebound, with an increase of about 1,000 yuan from the previous low price. At the same time, some small and medium-sized enterprises have suspended production and reduced production in the early period. Factory loads have also increased.
Vortex spinning is the most common production process among rayon yarns. It relies on its leading cost advantage and its development speed is significantly faster than other rayon yarn processes. Currently, the number of vortex spinning machines in the country is The number is already more than 2,000 units. However, with the growth of vortex spinning, the bidding situation in the market has also begun to become fierce. In 2020, it is in a state of internal and external difficulties again, causing the price of vortex spinning rayon yarn to reach new lows repeatedly.
In the first half of 2020, there was a lack of external orders for vortex spinning rayon yarn, and the price continued to decline, forcing companies to develop the domestic market. However, this The limited share is difficult to alleviate the sales pressure of Vortex Spinning. In the first half of the year, the company was basically unprofitable. It urgently needs to turn negative into positive in the second half of the year to ease operating pressure.
Since July 20, there has been an increase in news about a new round of bidding in the viscose staple fiber market. Among them, companies in the main producing areas of vortex spinning have decisively chosen to purchase in bulk. Therefore, vortex spinning people On the one hand, cotton yarn manufacturers hold low-price raw material orders, and on the other hand, when the market outlook is uncertain, factories are actively seizing large-scale orders, and external parties are also looking for opportunities to buy vortex spun rayon yarn at the bottom to prevent delays in the future. Therefore, relying on Due to the support from foreign orders, the inventories of vortex spinning rayon yarn enterprises in Jiangsu area began to become tight, and intentions to raise prices began to appear around July 23.
However, the domestic sales market at this time has not yet improved, and traders have accumulated vortex-spun rayon yarns in the early stages that have not brought corresponding returns to themselves. For vortex spinning, The same intention of buying at the bottom has not appeared in the spinning industry, so the price increase speed and space shown by vortex spinning in the early stage are obviously limited. However, the continuous issuance of external return orders has driven the orders held by some vortex companies to basically maintain the balance of production and sales at the end of September, and the companies are in urgent need of orders. The willingness to turn losses into profits in half a year has finally driven the price of vortex spinning rayon yarn up step by step. As of August 22, the negotiated price of R30S (eddy current) has increased from a low of 10,500-11,000 yuan/ton to the current cash price of 11,400-11,700 yuan/ton, and currently companies and traders still have intentions to further raise prices.
For a time, vortex spinning has become a dark horse from the sluggish rayon yarn market, with the increase in prices , the processing fee of vortex spinning rayon yarn has also been effectively increased. At this time, it is basically possible to turn a loss into a profit. However, it will take time to neutralize the pressure in the first half of the year. The vortex spinning rayon yarn is still holding its breath to increase profits. Therefore, the company With sufficient foreign orders to guarantee the bottom line, domestic sales focus on price increases and profit margins, so the price of vortex spinning is expected to continue to increase in the near future.
In short, the attractive low prices and the rapid recovery of foreign trade orders are the reasons for the rise in volume and price of vortex spinning. However, looking at the market, except for vortex spinning, the prices of other craft yarns There were not many changes, with only some small increases of 100-200 yuan/ton. The trading volume also only improved slightly, without significant amplification. The improvement in downstream cloth and dyeing factories was also limited. Therefore, this time vortex spinning is more like a one-man show and is not necessarily a signal for the market to start.
However, with the arrival of the traditional peak season of Golden Nine and Silver Ten, the demand side will recover to some extent. However, when the industry inventory level is high and terminal consumer confidence is difficult to recover quickly, The pressure for price increases is still high, and the overall attitude remains cautious. </p
