The polyester staple fiber industry has encountered many difficulties this year. Affected by the epidemic at home and abroad, prices have continued to be low and market uncertainty has increased. Let’s use a few figures to review the market operation in the first half of the year.
27.36%
Data source: Jin Lianchuang
According to Jin Lianchuang’s price monitoring, the price of polyester staple fiber has shown an overall downward trend in 2020, with the average market price in the first half of the year being 6,131 yuan. / ton, the highest point is 7,050 yuan / ton, the lowest point is 5,300 yuan / ton, the price amplitude is 33.01%, while the domestic market average price in the same period last year was 8,453 yuan / ton, a year-on-year decrease of 27.36%. However, because it did not closely follow the decline in raw materials, and caught the express train of masks in April and May, profits increased significantly. The average price in the first half of the year was 585 yuan/ton, a year-on-year increase of 24.2%.
3.0078 million tons
Data source: Jin Lianchuang
In the first half of 2020, the output of polyester short products was 3.0078 million tons, an increase of 116,600 tons compared with last year. This year is the second year that polyester staple fiber factory equipment has been put into large-scale production. Coupled with good profits, the output increased significantly in the second quarter.
285,400 tons
Data source: Jin Lianchuang
Affected by the epidemic at home and abroad in the first half of 2020, the export volume of polyester staple fiber fell sharply, because most of the first quarter was at the end of last year. Foreign trade orders, so the decline was not obvious. However, with the spread of the foreign epidemic, export volume fell sharply from April to May, especially in May, which fell 57.3% year-on-year in a single month.
750,000 tons
2020 polyester staple fiber plant production plan
Data source: Jin Lianchuang
New polyester staple fiber products in 2020 Many units have been put into production. As profits began to decline in the second half of last year, several units were postponed to this year. 250,000 tons have been put into production in the first half of the year, and 500,000 tons are still expected to be put into production in the second half of the year. By then, the supply pressure of the polyester staple fiber industry will increase significantly. </p
