Ethylene glycol After becoming popular in the past few days, it began to fall in the past two days. As of the close on the afternoon of the 19th , the main 2005 contract of ethylene glycol futures on the Dalian Commodity Exchange closed at 4,644 yuan/ton, a decrease of 0.58%.
PTAAlso weakened. At the beginning of the week, PTA’s performance was relatively stable, but it also began to fall in the past two days. As of the afternoon of the 19th, the main 2005 contract of Zhengzhou Commercial Exchange PTA futures closed at 4,910 yuan/ton, a decrease of 1.05%.
Generally we will say that the upstream cost will Downstream polyester filament has some support, but the cost has loosened in the past two days. However, polyester filament still continues its upward trend and has become a “single star” in the polyester market.
On the 18th, the quotations of various manufacturers increased strongly: polyester yarn from another factory in Tongxiang increased by 100; polyester yarn from a factory in Huzhou increased by 50-100; The polyester yarn of a large factory rose by 100-300; the FDY of a factory in Wuxi rose by 100-150; the FDY of a factory in Wujiang rose by 100; the polyester yarn of a factory in Jiangsu rose by 100-300…
On the 19th, polyester filament continued On the rising trend, each product of DTY rose by about 50 yuan; polyester yarn from a factory in Zhejiang rose by 50-100 yuan…
You fall, I rise. mine!
Except for raw material market equipment maintenance In addition to the boost, low inventory has also provided support for the polyester filament market. According to statistics from China Silk City Network, the overall inventory of the polyester market has been slightly reduced, with the inventory reduced to 9-18 days; in terms of specific products , among which POY inventory lasts for 3-7 days, FDY inventory lasts for around 7-12 days, and DTY inventory lasts for around 15-20 days.
The main factor for the decline in inventory is Weaving manufacturers’ demand for polyester filament has increased. At the end of the year, manufacturers have more or less stockpiling of raw materials, basically stocking up for 1-2 months, thus accelerating the decline in polyester stock. The fabric market has picked up recently, and orders have begun to be placed for spring and summer next year, so fabric shipments are accelerating. Stockpiling of raw materials and rigid demand have led to increased demand for polyester yarn from weaving manufacturers in the near future.
1. Spring and summer orders are placed, and imitation silk has picked up
As a mainstream product in spring and summer, imitation silk has also been impacted by overcapacity, Sino-US trade, and the continued decline in raw materials despite the poor market conditions this year. It is reported that the price of gray fabrics for imitation silk series products has dropped significantly this year, with a decrease of 5-10% to varying degrees, and profits have also shrunk.
But recently, with the end of winter fabric orders, some spring and summer orders have begun to be placed, and the imitation silk market has begun to pick up. A company with more than 500 looms Mr. Wu said: “Recently, simulated silk is selling better than other products. Our looms have been running. Although the inventory is high, there are always orders, and the warehouse continues to ship. Spring and summer orders are basically filled with simulated silk. So I’m not worried about not being able to sell at all.”
At the same time, another trader also revealed that a 50D stretch satin from the recent imitation silk series is very popular. The market demand is good and shipments are continuing.
2. Shipment is stable, The performance of four-sided bombs is still eye-catching
Four-sided bombs have been considered a “dark horse” in recent years, and their performance is even more eye-catching this year. Near the end of the year, The order-taking situation for four-sided bombs is better, it can even be said to be better than before.
Manager Chen, who specializes in four-sided bombs, said: “Recently, all varieties of four-sided bombs are selling well. As the end of the year approaches, everyone is rushing to ship. Especially since the price of raw materials has increased recently, it is a good thing for us that the price of gray fabrics can be more stable.”
In addition to four-way elastic and imitation silk In addition, the recent sales of other chemical fiber fabrics have also been better than in the previous period, which has boosted the confidence of weaving manufacturers to a certain extent. For weaving manufacturers, they do not want raw materials to continue to fall. If raw materials fall, gray fabrics will fall. When the market is not good, the entire inventory will fall in price even more. During visits and surveys, some weaving companies said that the continuous decline of raw materials is actually not friendly to weaving manufacturers. Customers will choose to wait and see, reduce the amount of orders or not place orders. Only when the price of raw materials increases can it mean that the market is moving.
Of course, polyester filament has hysteresis Yes, it went up today, ��Maybe it will fall tomorrow. However, the recent start-up of weaving manufacturers has been relatively stable. It can be seen that manufacturers are rushing to ship goods near the end of the year. There is still demand for polyester filament. Coupled with the regular year-end stocking operations, polyester filament manufacturers are also increasing prices due to low inventory. Well-founded.
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