Recently, the editor’s circle of friends has been flooded with such a paragraph.
“There was once a ton of 4,000 pieces of polyester filament placed in front of me, but I didn’t cherish it . I regret it when the price goes up and there is no stock. The most painful thing in the world is this. If God can give me a chance to do it again, I will say three words to the seller, “I order.” If I have to Add a quantity to this order, I hope it is 10,000 tons!”
“Remember” is fine, but now you can’t even think of getting such low-priced goods. After May Day, although the market had its ups and downs, it basically maintained an upward pace, and recently the market has begun to rise again.
In recent times, polyester manufacturers have begun to make “small moves” and continue to tentatively increase polyester prices:
A certain company in Hangzhou The price of polyester yarn in factories increased by 100-200 yuan/ton;
The FDY price quotation of a factory in Shaoxing increased by 100 yuan;
A factory in Wujiang The price of polyester yarn is increased by 50 yuan/ton;
The price of polyester yarn from a major factory in Xiaoshan is partially increased by 100-150 yuan/ton
…
At this point, the prices of polyester filament products have increased to varying degrees compared with the previous period, especially for FDY and POY products, the increases have been more obvious.
Judging from the current situation, as the epidemic situation tends to improve and all walks of life are accelerating recovery, coupled with Regarding the benefits brought by the upstream and downstream markets, industry insiders generally believe: “The recovery in downstream demand will continue to drive demand for raw materials, and raw materials will continue to rise in the future.” In line with the mentality of “what you buy is what you earn”, many companies have recently begun to “stock up”. At the end of July, polyester filament prices and production and sales began to reverse, causing waves in the originally stagnant market. In recent days, polyester filament factory production and sales data have continued to perform well.
Recently, the prices of PTA and ethylene glycol have also risen steadily amid the sharp rise in crude oil. As of the 6th, the internal price of PTA was around 3,616 yuan/ton. , the internal price of ethylene glycol is around 37,850 yuan/ton. On the one hand, boosted by rising crude oil prices, which has given a greater impetus to the chemical product market, the PTA and ethylene glycol markets have picked up; on the other hand, the inventory of ethylene glycol in East China ports has been slow in the recent period, and the inventory growth rate Slowing down, some PTA devices are undergoing maintenance, and the operating rate has declined. These have formed effective support for prices, thereby driving up polyester prices.
The editor learned that although the price of polyester filament has improved compared with last month, there is still a big gap between the prices of some raw materials and the same period last year. If subsequent demand is boosted, the price is likely to go up another level until polyester factories get a reasonable price.
Of course, for the polyester market, crude oil and its own fundamental factors are very important that can affect its market trend, and downstream demand is equally important. .
However, according to the current situation of the weaving market, although it is understood that the order situation of some trading companies in the downstream market has improved since the end of July, and the frequency of purchasers’ orders has increased. The orders placed are mainly for autumn and winter fabrics, and the demand in the domestic market is picking up. In terms of foreign trade, there has also been a certain improvement. Also due to the seasonal demand for autumn and winter fabrics, export orders have increased in some regions. However, the nature of overcapacity and the slow destocking of the weaving end cannot support more demand for PTA and polyester products.
It is understood that the total retail sales of clothing, shoes, hats, and knitted textiles nationwide in June was 105.9 billion yuan, a decrease of 0.1% compared with the same period last year. From January to June, the national retail sales of clothing, shoes, hats, and textiles The total retail sales of knitted textile products was 512 billion yuan, a decrease of 19.6% compared with the same period. However, the export situation in terminal areas such as clothing, home textiles, shoes and hats is not optimistic.
At the same time, with the double drop in domestic and foreign trade orders, enterprises in downstream weaving and other fields are increasingly willing to reduce production, reduce burdens, and take holidays. The texturing, weaving, and printing and dyeing industries have heard that some Enterprises have plans to stop and take holidays. At the same time, individual weaving enterprises in Zhejiang have started summer vacation mode. These have further intensified the contradiction between supply and demand of textile raw materials such as polyester filament.
Prices in the upstream market have increased, and downstream weaving and clothing can no longer withstand it. In the later period, if the contradiction between supply and demand is still not well balanced, then one link will easily collapse. . When large upstream enterprises continue to expand their layout, the downstream market is naturally the one that is diluted, and it is easy for the drama of “big fish to eat small fish, and small fish to eat shrimps” to occur. However, the textile industry chain has always been about “both prosperity and loss”. No matter it is upstream or downstream, a balance point must be found in the end. </p
