: On May 21, a certain blackout fabric home textile chamber of commerce issued a letter of initiative, advising members to adjust the price of gray fabrics based on the increase in raw material prices.
The initiative clearly states that due to the impact of the epidemic and the early plummet of chemical fiber raw materials to the bottom, long-term observation of raw materials The basic knowledge of the market is that as early as March 9, in the early trading of the Asian market, the international oil price experienced an avalanche, causing the price of polyester raw materials to continue to fall. Since crude oil is the most upstream of many industrial chains, the rise and fall of crude oil prices will greatly affect industrial products and even Price fluctuations in consumer goods. At that time, the price of gray cloth also dropped accordingly. Coupled with the influence of foreign trade and market competition, the price of gray cloth has been reduced to a state of no profit.
In addition, recently, since the new round of oil price statistics, the increase in oil prices has been rising steadily. It has only been 3 days since the statistics were collected, and the oil price data has been “three times higher”. “Continuous rise”, hitting new statistical highs one after another. The latest market trends on May 20 show that the price of U.S. WTI crude oil has risen to around US$33/barrel, while the price of Brent crude oil has also risen to around US$35/barrel.
As the price of chemical fiber raw materials continues to rise, according to a certain blackout home textile chamber of commerce in the initiative, the price of products of different specifications has increased by 500-1,000 yuan/ton, resulting in gray fabric production The cost is too high and it has reached a loss-making state. To this end, the Chamber of Commerce recommends that all member companies increase the price of gray fabrics by 0.5-1 yuan/meter based on the increase in raw material prices.
With the recent increase in oil prices, the price trend of these raw materials is chemical fiber: viscose staple fiber 1.5D is quoted at 8,800 yuan/ton, up 3.53%. The price of 120D viscose filament yarn remains unchanged at 36,800 yuan/ton. The price of spandex 40D remains unchanged at 29,000 yuan/ton. In the internal market, PTA was quoted at 3,400 yuan/ton, up 2.41%. The price of polyester staple fiber in Jiangsu and Zhejiang was 5,600 yuan/ton, down 1.75%. Polyester POY150D was quoted at 5,200 yuan/ton, down 3.97%. The price of acrylic staple fiber 1.5D remains unchanged at 11,100 yuan/ton.
Price adjustment, whether it is proposed or not, the market and costs will naturally adjust. No, the price of gray fabrics in the circle of friends has already been adjusted.