With the National Day holiday over, everyone began to return to normal and began to devote themselves to the work they loved. For textile people, the most recent hot topic is the situation of polyester yarn. Has the price increased? Can “Silver Ten” arrive as scheduled?
Polyester prices are rising steadily
On October 9, some manufacturers increased the price of polyester yarn, with the increase ranging from 100 yuan/ton to 200 yuan/ton.
According to statistics from China Silk Capital Network, polyester production and sales have recently been concentrated around 110-120%, and downstream stocking enthusiasm is good. .
Since October, the price of polyester yarn has been stable and rising. One of the reasons for the price increase is The inventory of weaving manufacturers at the end of September is not high. Most manufacturers have a stocking period before National Day. During this period, the overall market trading atmosphere is good. Furthermore, affected by upstream raw materials, Brent crude oil and domestic crude oil futures have hit new highs recently. Market stakeholders are optimistic about polyester filament and are confident in stocking up.
After the National Day, can the “Silver Ten” be expected?
Whether Silver Ten will come depends mainly on the situation of the terminal weaving market, how is the order situation, and has it improved compared with September? In this regard, the editor visited Shengze Market to hear what the cloth bosses had to say.
Xiao Zhang, a salesperson at Wujiang Chaoyue Textile Co., Ltd., believes that now that the weather has begun to turn cooler, autumn and winter fabrics will usher in a small climax, and Double Eleven and Double Twelve are not far away. , we are going to stock up on more silk during this period, at least until the end of the month, so we can’t cook without rice. It is estimated that if this trend continues, polyester yarn prices will most likely increase.
Some textile bosses believe that last year, perhaps because of environmental protection or the stimulation of the good market, many textile bosses chose to go to the outside world to expand production. From the original dozens or hundreds of looms, we expanded to 200 or 400 looms outside. From preparing the factory building to machine debugging, it can take half a year at the fastest and one year at the slowest time. Therefore, a large number of looms in Anhui, northern Jiangsu, Jiangxi and other places will probably be started in the fourth quarter of this year. Conventional products in the market such as pongee and polyester taffeta , imitation silk, etc. production capacity will also explode intensively.
This part of the production capacity will continue to expand, and the market competition for conventional chemical fiber products will become increasingly fierce. The market is only so big, and if there are too many people sharing it, it won’t be possible to share it. Silver Ten is not very optimistic about it.
Boss Bu has different opinions on whether the market will improve in October, some are more pessimistic, and some are more pessimistic. More positive. There is no rush for the market. Now we can only follow the market, improve our products, maintain old customers, and expand new customers. I believe that the performance will not be bad. As for whether to stock up on more polyester, you still need to think carefully before making a decision!
Editor’s note: Can the “Silver Ten” It’s hard to predict when it will actually come. For now, Boss Bu can only wait. But the editor believes that as long as the competitiveness of the product is improved, even if the peak season does not arrive as scheduled, we can still gain a firm foothold in the market!
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