Last month, the price of spandex yarn fell by a total of 2,000 yuan/ton, taking 20D as an example, and the price of nylon yarn, taking POY as an example, fell by a total of 950 yuan/ton.
The price of crude oil has picked up recently. Unlike the previous increase in costs that led to a slight rebound in the price of spandex and nylon, this time it did not rise but fell. It is indeed uncharacteristic. In addition, prices should have increased at the end of the year. There must be something fishy in such an abnormality.
Brothers in distress, no one “gives in” to anyone
To say that the price of spandex yarn is unusual this year is only because the price increased too much last year. The long-term price drop is understandable, but nylon yarn has not experienced a crazy rise. What trouble is caused by spandex yarn here?
In the first half of the year, nylon yarn POY was still at the “peak” of more than 18,000 yuan/ton, but now it is halfway up the mountain at 15,000 yuan/ton. In June and July, there was a surge in costs, and crude oil prices soared to 120 US dollars/barrel. The current crude oil price is only 85 US dollars/barrel, and the price drop is reasonable. Last year, the price of POY was only 13,000 yuan/ton. Because of the hot sales of nylon fabrics last year, the price of nylon yarn has been rising. It has risen, but it is not as exaggerated as spandex yarn. So I don’t pay that much attention. Nowadays, the demand for nylon fabrics has plummeted, and it is very reasonable for the price to slowly adjust.
As for the falling price of spandex yarn, it goes without saying. It rises in the early stage and falls in the later stage. You have to pay it back when you come out to mix. The current price has not reached the bottom yet, and the price will fall back in the future. The downstream weaving market lacks enthusiasm. Selling fabrics, the market sales situation is poor. Four-way elastic products have been in trouble this year. There is unlimited room for the price of spandex yarn to fall. It is difficult to predict when the decline will stop.
purchase? Doesn’t exist at all
Now that the price of spandex and nylon continues to fall, why don’t textile bosses buy at low prices? “It is impossible to buy it. The current market price will definitely drop again. The market price of this type of fabric is so low. Even if the cost calculation falls, it will be difficult to make money.” A textile boss said.
The traditional concept of “buying up and not buying down” in the textile market has shaped the habit of textile people not to buy silk when it falls. But this year is different. Even if the price rises, they will not buy it. Usually, when prices rise, either the cost side rises or demand rebounds. Now The price increase caused by the rising cost alone has made it difficult for textile bosses to purchase raw materials. If the demand is so poor, buying silk will only add pressure to yourself, but you will not buy it even if the price drops. Nowadays, raw material manufacturers are also feeling the pressure. , under the influence of inventory pressure, as long as no one buys it, the price will definitely be driven down.
The current market is coming to an end, and the off-season atmosphere is forcing textile workers to take a holiday quickly. In the last stubborn month, it is almost time to pack up for the New Year. In fact, many manufacturers have already had a holiday in November, knowing that they will not receive orders this year. , assuming that production and inventory continue, the pressure in the coming year will only be greater. After some manufacturers stop production, fewer people will buy silk. Polyester manufacturers cannot withstand the inventory pressure, even if they continue to reduce prices, it will be difficult to sell, such as spandex. Nylon is not as widely used as polyester, and spandex is used in smaller quantities. The cost side is only one aspect of the price increase. Assuming insufficient demand, even if the price goes up, it will fall quickly. Without the support of cost and demand, the price will fall. is its final destination.
Both weaving manufacturers and polyester manufacturers are facing this unprecedented difficulty this year, and they still need to adjust their mentality to meet the challenges of the future.
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