After entering the “Golden Nine” for the first time, the polyester filament market seems to be showing signs of improvement, and mainstream manufacturers have successively raised their quotations; even polyester raw materials “jumped up and down” in the middle of the month! However, the increase did not come as promised. Near the end of the month, the polyester filament market has gradually increased its preferential sales, and the expected pre-holiday stocking and inventory reduction have been difficult to achieve.
1. The price of polyester filament fell nearly 30% year-on-year
First of all, from the perspective of price, at the end of September, mainstream polyester manufacturers There are many price reduction promotions and preferential deals; the prices of mainstream products seem to be at a low level for the year. As of the end of September, the average market price of FDY 150D was around 7,800 yuan/ton, a decrease of nearly 1,150 yuan/ton compared with the price at the beginning of the year; compared with the price in the same period last year, it dropped significantly by nearly 3,375 yuan/ton, a drop of 30.2%. %.
Similarly, the recent average market price of POY150D is about 7,720 yuan/ton. Compared with the price in the same period last year, it has dropped significantly by nearly 3,250 yuan/ton, a drop of 29.6%. Of course, DTY products cannot escape the fate of falling. The price of 150D dropped sharply from 3,300 yuan/ton to 9,200 yuan/ton, a decrease of 26.4%.
2. The inventory decline of polyester manufacturers is still slow
From the perspective of production, sales and inventory, the “Golden September” market seems to be a bit undeserved. There are only a handful of polyester market production and sales exceeding 100 in September. To prepare for the end of the month and during the National Day, only on the 29th, stimulated by polyester manufacturers’ price cuts and transaction discounts, the transaction atmosphere of the polyester filament market in Jiangsu and Zhejiang was able to pick up, and production and sales showed improvement. According to statistics, the mainstream of polyester Factory production and sales have risen to around 150%-160%, with some higher levels of 300% and 400%. However, the transaction atmosphere of the polyester filament market dropped significantly on the 30th. According to statistics, the production and sales of mainstream polyester factories have dropped to around 60%-70%.
Of course, it is difficult to have a strong boost in the mainstream production and sales of polyester. , the manufacturer’s inventory decline rate is also relatively slow, and there is still a certain gap between the expected low inventory. According to the statistics of China Silk City Network, the overall inventory of the polyester market is now concentrated in 11-20 days; in terms of specific products, POY inventory is around 3-7 days, FDY inventory is around 9-14 days, and DTY inventory is around 9-14 days. to about 18-23 days.
Whether it is price, production, sales and inventory status, polyester has grown rapidly recently. The silk market seems to be a bit “unsatisfactory”! The reason?
1. There are many National Day celebrations Due to production cuts and holidays, there is a lack of motivation to prepare and purchase raw materials!
In the context of the unsatisfactory textile environment this year, the operating rate of the weaving market has become an important factor restricting the market for raw materials. . Judging from the market operation rate in late September, the operation rate of water-jet looms in Shengze and Changxing areas is concentrated at above 80%, and the enthusiasm is not high; the operation rate of Haining warp knitting machines is around 70%; Others, such as Xiaoshao circular knitting machines, have a low startup rate of about 60%-70%, and their production enthusiasm is obviously not as good as the same period last year.
As we all know, textile workers work almost all year round, with machines running 24 hours a day, even during holidays. However, this year, under the pressure of inventory and funds, most manufacturers chose to suspend production and take holidays during the National Day holiday to relieve the pressure of accumulated inventory by reducing the operating rate. Therefore, during this National Day holiday, many textile workers enjoy a 3-5 day holiday, and some manufacturers even extend the holiday to 7-10 days. This naturally greatly reduces the motivation of weaving manufacturers to prepare and purchase raw materials before the holiday.
2. How popular are recycled fabrics? Impact on conventional raw materials!
This year, there is generally an oversupply of conventional products in the textile market. So what is the hottest thing in the fabric market? The answer must be unified standards and environmentally friendly recycled fabrics! This year, or at the recently concluded intertextile Shanghai Textile Accessories Expo, the most impressive thing must be the environmentally friendly recycled fabrics.
Environmentally friendly recycled fabrics, as the name suggests, are environmentally friendly and regenerated. Starting from the raw material side, waste plastics such as Coke bottles are recycled and spun into silk, and then weaved. They are regenerated fiber fabrics. Compared with conventional fabrics, the price of gray fabrics of recycled environmentally friendly fabrics is 50% higher, and the price of finished fabrics is 80% higher. But even at such a high price, the market is still in short supply of recycled fabrics; there are more and more weaving manufacturers producing recycled fabrics, and their products are becoming more and more abundant.
From the perspective of raw material prices, ordinaryPolyester fiber costs 8,000 to 9,000 per ton, and polyester regenerated fiber costs more than 20,000 per ton; nylon regenerated fiber costs 70,000 to 80,000 ton, which is even higher. Although ordinary polyester fiber still occupies most of the market demand; the recycled fiber market only occupies a small market share and will not completely replace it, but there is still a certain impact on the conventional market.
In any case, September and the National Day holiday have come to an end, and the “Silver Ten” is following up. Can orders in the downstream market improve further? Is the polyester filament market taking advantage of this trend? Textile people should have certain expectations.
