Polyester Filament Fell Strong Momentum PTA Alone Is Difficult.

Tuesday, Xiaoshan Rongsheng FDY quotation generally lowered 200 yuan / ton, FDY68/24, 150/96 13700, 12800 acceptance; Xiaoshan Lian Da today's quotation generally fell 150 yuan / ton, now its POY150/144F reported 12300 yuan / ton (March acceptance).

In addition, the price of polyester factories in Tongxiang also dropped by 100 yuan / ton today, and the new Feng Ming POY150/48F reported 12200 yuan in cash.

On the whole, from the beginning of last week, the price of polyester filament at home has generally fallen by 200-300 yuan / ton, and the price adjustment of some polyester factories is more violent, reaching 400 yuan / ton.

First of all, from the point of view of production and sales rate, the production and sale rate of polyester factories has dropped sharply since the recent period. At present, the production and sales rate of many factories is less than 5, and the low is only about 2 percent. The imbalance between production and marketing seriously dampens the confidence of polyester manufacturers that they want to rely on cost to support prices, plus the inventory pressure brought by low production and sales rate, and even makes polyester factories on pins and needles, reducing shipments, thus becoming the primary choice of some polyester factories.

The rise of electricity price and steam price and the tightening of the money supply have led to the fact that the downstream weaving enterprises have gone through "life is worse than death". There are even reports that the profits of most textile enterprises in Shaoxing and Shengze, which are the two largest textile bases in China, are now zero. Although the reports are not true, they also reflect the fact that the textile enterprises are running very hard at present. For example, the rate of weaving weaving has been declining recently. According to statistics from relevant parties, the overall start-up rate in Shaoxing has dropped to about 5-6, with the round machine starting rate of 45%, Shengze's loom loom 55%, and Fujian's round machines and warp knitting machines running at about 40%-55%. From the downstream point of view, with the price of oil,

And the overall opening rate of Jiangsu and Zhejiang is only only in the vicinity of 55%, and in accordance with the current market trend, the opening rate of weaving has no small space to continue to decline.

But in the current big market, the concession of the upper reaches is obviously late. Now I am afraid that it will not only play a role in stabilizing the market, but on the contrary, it may exert further pressure on the market.