55%, 61%, 51%, 49%, 98%, 76%…
Since entering the “Golden Nine and Silver Ten”, the There are really only a handful of companies whose production and sales in the ester market exceed 100%. More than half of October has passed, but there are very few mainstream production and sales exceeding 100 times, and the duration is extremely short-lived. Most of them are “one-day trip” prices!
Do you think the production and sales of the polyester filament market have been low during this period? Let’s take a look at the inventory and profits. It’s really heartbreaking!
In stock, cool! !
Due to the fact that the mainstream production and sales of polyester have been unsatisfactory during this period; from the supply side, the change in the supply of polyester filament has been relatively small, and the average polyester The load is around the upper 90% level. This has led to a supercharging of inventories by polyester manufacturers! Judging from the statistics of China Silk City Network, the overall inventory of the polyester market has increased slightly to 16-25 days; in terms of specific products, POY inventory has reached 8-12 days, FDY inventory has reached around 14-19 days, and DTY inventory has Then it will take about 22-27 days.
Profit, cool! !
From profit to loss, there is only one step! In recent times, the profit shrinkage of various polyester filament products has been particularly obvious. In particular, FDY products have suffered from losses one after another, with FDY150D losing nearly 78 yuan/ton. POY and DTY products are also mostly hovering near the profit and loss line.
Do you think this is the end? Recently, the polyester filament market has really been in a state of “flooding and raining all night”, with bad news constantly hitting the market!
PTA fell below 5,000 points!
Since the second half of the year, the PTA market has undergone a sudden change, regardless of the market If there is any good news in the Internet, PTA will not increase the price. Even if it rises a little due to some unexpected events, it will definitely fall back soon. PTA futures prices once hovered around 5,100 points.
However, in recent days, PTA futures have been declining, falling below the important 5,000-point level. As of the closing price at 15:00 on October 21, the closing price of the main 2001 contract of PTA futures fell to 4852 points; the spot price also weakened accordingly. This has a cost impact on the polyester filament market.
Ethylene glycol is wailing!
Although the ethylene glycol market was quite vigorous in September, the price was also strong and upward, and the overall performance was good; but since October , the market has been rising and falling, traders are cautious, and they are wailing on the sidelines, and the overall intention to hold goods is weak. As of the 21st, the main MEG 2001 contract of Dalian Commodity Exchange closed at 4515 points, while the spot price fell back to around 4650 yuan/ton.
This “Silver Ten” seems to mean “wintering” in advance for the polyester filament market. But don’t be discouraged. Finally, good news has come from the downstream weaving market in recent days!
1. Autumn and winter fabrics heat up, orders increase by 50%
It is reported that after early October, the textile market has undergone significant changes. The sales of autumn and winter fabrics have gradually heated up, the shipments of conventional chemical fiber fabrics have increased, and the weaving market has shown an overall upward trend. According to a survey by China Silk City Network, more than half of the companies surveyed said that orders have increased in recent times. For example, a Shengze industry and trade enterprise that mainly produces pongee and nylon fabrics reported that the current orders on hand can be completed by the end of the year, with domestic trade sold to Beijing, Shanghai, and Guangzhou, and foreign trade sold to Pakistan; orders in October compared with the previous month Increased order volume by nearly 50%.
2. The operating rate of looms increased and the inventory dropped from high levels
According to China Silk Capital Network According to data monitoring of sample enterprises, the operating rate of water-jet and air-jet looms in Shengze has increased to about 90% in the recent period, which is an increase from the previous period. In addition, with the market taking off, the high inventory pressure accumulated in the early stage has finally eased; according to sample enterprise data from China Silk City Network, the current gray fabric inventory in Shengze area is about 38 days, which is 40 days higher than the previous period. The number of inventory days around has dropped.
Nowadays, the weaving market is looking forward to…”Double Eleven” and “Christmas Season” can become the turning point of the market. Isn’t this the “expectation” of polyester filament?</p
