Recently, I heard that a number of large traders in the market have received orders for a total of 130 million meters of 210T polyester taffeta. For a time, the polyester taffeta on the market was sold out, and many weaving manufacturers even sold out the raw material for polyester taffeta!
A manufacturer with more than 500 looms said: “Recently we have received tens of thousands of meters of looms. The pongee conductive fabric can be sold to the end of the month. Although it is sold to domestic buyers, the end customers are from Europe and the United States. The current price of this piece of fabric is about 2.7 yuan/meter (tax included).”
1 Pongee and polyester taffeta drive sales of fine denier FDY
At present, pongee , polyester taffeta fabrics have been recognized by relevant testing agencies as can be used as protective clothing fabrics. Some cloth bosses sensed this business opportunity in advance, so they began to stock up on 210T polyester taffeta and 190T pongee. These two specifications of polyester taffeta and pongee are then affixed with PE film to form the finished fabric of protective clothing.
Spurred by this news, the production and sales of polyester yarn in Jiangsu and Zhejiang have been affected by the hot market of FDY fine denier since last weekend, and the volume has continuously exceeded 100.
2 Actual medical protective clothing How about the notch? Can pongee and polyester taffeta be truly replaced?
In 2019, my country’s output of medical protective clothing was approximately 4.28 million sets. The demand growth rate has been stable at 6.4% in recent years. After the outbreak of the new crown epidemic, local demand increased intensively. Generally speaking, medical protective clothing is divided into woven and non-woven protective clothing. Woven materials are mainly used to process reusable medical protective clothing, including traditional woven fabrics, high-density fabrics, coated fabrics and laminated fabrics. Traditional woven fabrics are mainly used for daily work clothes (white coats), so they are not within the scope of this discussion. Our focus is mainly on nonwoven protective clothing. Its raw materials mainly include spunbond nonwovens, spunlace nonwovens, SMS composite nonwovens, flash nonwovens and spunbond laminate products. wait. The three major fibers used in the production of non-woven fabrics in China are polypropylene, polyester and viscose fiber. Among them, polypropylene accounts for the highest proportion, accounting for 62%. However, due to the severe domestic epidemic some time ago, non-woven SMS composite fabrics are mostly used in masks and are in short supply. Water-sprayed high-density fabrics such as nylon and polyester can also achieve antibacterial and antistatic properties by adding PE antibacterial film or PE antistatic film. As a result, it has become a better alternative choice, which in turn triggered a purchasing boom for water-jet polyester taffeta, pongee and polyester FDY fine denier.
Polyester taffeta is a kind of thin polyester fabric. Polyester taffeta is commonly known as rainproof cloth and can also be called “coated nylon”. “Spinning”, both of which generally make fabrics and linings for various clothing. The polyester taffeta and pongee markets account for a small proportion of downstream consumption, the supply load is increasing rapidly, and the early inventory is sufficient, so it has little impact on the actual market. The fine denier of polyester FDY is concentrated in 55dt, 59dt, 60dt, 61dt, 65dt, 67dt, 73dt, and 75dt. my country’s total FDY production capacity in 2019 is about 10 million tons, of which fine denier accounts for about 50%. For the time being, we believe that the supply of FDY fine denier for medical protective clothing is not yet in short supply. In addition, the final fabric of medical protective clothing needs to meet the GB19082-2009 standard and FDA/CE dual certification; exports need to meet the response standard certification, and it is recommended to treat the actual disk impact rationally.
3 As the May Day holiday approaches, terminal load reduction is a foregone conclusion
Some time ago, due to the “bottom-buying” sentiment in oil prices, which triggered a periodic hoarding boom, polyester end stocks have improved. Currently, POY, FDY, and DTY comprehensive equity stocks have dropped to relatively reasonable levels. We believe that the recent market phenomenon will support the polyester operating rate for a period of time, but it should be noted that the loom operating rate in Jiangsu and Zhejiang is concentrated at 20-50%. The “May Day” holiday is approaching, and the operating load may further decline; The cash flow of mainstream polyester products such as FDY is average. Assuming that sales do not improve in the later period, the entire industry chain will form a vicious cycle of negative feedback from bottom to top. The current gray fabric inventory is still at a high level of more than 40 days, and no improvement is seen. sign. Therefore, the downstream destocking brought about by this “buying the dip” should be understood as a transfer of inventory rather than actual destocking.
At present, the spread of the overseas epidemic has not seen any signs of slowing down, and from the textile and clothing industry Judging from several clear time points, April is the best time to receive orders for the new season. However, due to the special circumstances of the first and second quarters, the current internal and external market performance is still light. Even in the third quarter of this year, there will be “spring clothes and autumn sales” “In this situation, even if the epidemic situation improves and brings concentrated consumption, it will be difficult to change the difficult situation of textile and apparel companies. The first-quarter performance forecast of textile and apparel companies also verifies the negative growth of the entire industry. Taken together, we believe that the “cold winter” downstream is far from over. </p