Xiaoshan Shuangtu decided to stop slicing production from September 12th and reduce the daily load by 350 tons/day;
Wujiang Xinmin reduces production by 10%, involving 150 tons/day of filament and 150 tons/day of slices;
Zhangjiagang limits production to 100 tons/day;
Starting from August 11, Shaoxing Ancient Towpath has limited production to 200,000 tons, mainly supporting filament;
Shaoxing Tiansheng is preparing to limit production to about 300,000 tons from September 11, which will take about 45 days
Recently, polyester factories have continued to have News of production cuts broke. The trend of PTA futures is weak, but the spot price remains high and the supply is still tight. The price of upstream raw materials may remain at a high level. However, downstream polyester manufacturers have a bad attitude when production and sales are sluggish, and some factories have a strong willingness to ship. In addition, most factories have experienced a drop in both volume and price, and the market has plummeted for several days.
Currently, according to data from China Silk City Network, POY inventory has climbed to 7-9 days, FDY inventory has increased to around 7-10 days, and DTY inventory has reached around 14-20 days. , the overall polyester market inventory rose to 7-15 days, an increase of about 4 days from the beginning of the month.
Weaving manufacturer stock press
However, the sales situation of gray fabrics in the downstream weaving market is not optimistic. The peak season is not prosperous. There is no obvious sign of increase in the number of gray fabric shipments, but a slight upward trend. Weaving manufacturers have inventory, which is a change from the previous out-of-stock situation. According to data from China Silk City Network, the current gray fabric weaving inventory in Shengze area is 29 days, and the market is partially heavy. Compared with August, the inventory has increased by 1-2 days. It can be seen that the output of downstream weaving enterprises has gradually increased, but the shipping speed cannot keep up with the production speed, making it difficult to balance production and sales.
Chemical fiber factory takes the initiative to sell goods
According to the above-mentioned current situation of upstream and downstream, such a situation has emerged in the market. Manager Ji of Ruixiang Textile told the author: “When the price of polyester yarn surged some time ago, I called the chemical fiber factory to ask for goods, but they all said they were out of stock and closed for sale. In the past two days, the chemical fiber factory took the initiative to call and asked for help digesting the goods. Inventory. Recently, gray fabrics can’t be sold. There is a lot more inventory in the warehouse, and raw materials are also in stock. They say buy up and not down, so there is no need to stock up.”
The market is picking up. , weaving manufacturers have opened destocking channels
Fortunately, chemical fiber factories that originally had goods but were not selling them are now taking the initiative to sell products door-to-door, and their glory is no longer! Mainly due to the recent continued decline in polyester filament prices, downstream weaving companies are waiting and watching, unwilling to buy yarn at a high point. Coupled with the increased inventory of weaving companies, the current energy is spent on the sales of gray fabrics, and destocking is the key task of weaving companies.
The author learned from the weaving market that the main reasons for the slowdown in this year’s peak season are hindered clothing sales, inventory accumulation, and slow placement of new orders. This has led to slow sales of gray fabrics in the weaving market, which has been transmitted to upstream raw materials. Production and sales are sluggish. Fortunately, orders from garment factories have begun to be gradually placed, and the quantity of gray fabrics shipped in the weaving market has also increased. However, the inventory accumulated in the early stage is difficult to decline for a while, so weaving manufacturers only need to balance production and sales.
As for the market outlook, the volume of medium-thick fabrics has begun to increase, and the weaving market has begun to recover. Many manufacturers have also expressed that the market is gradually picking up, and the peak season in October is expected to arrive. The stars of hope are twinkling, and soon the sky will be filled with stars. </p
