Polyester Industrial Yarn: The Price Has Risen To A High Level.

Since the beginning of this year, the market of polyester industrial yarn, which has been known for its stability, is booming.

In just half a year, the price of polyester industrial yarn has increased by nearly 800 yuan / ton.

What causes the rise of polyester industrial yarn?

First of all, the shutdown of foreign devices makes the supply of polyester industrial yarn in foreign markets significantly reduced.

For example, during the Spring Festival, the industrial wire factory of Korea's Xiao Xing was accidentally caught fire. The annual production capacity of the plant was 60 thousand tons / year. Another industrial wire plant in South Korea moved to India, which affected the normal production schedule. The device involved 6000 tons / year of production capacity.

Many of the users who originally purchased Korean star products have turned to the Chinese market for procurement, making the export share of some mainstream factories in China expand, and the export share of individual manufacturers even reached 85%.

Second, the price of polypropylene high and strong silk is rising linearly, and downstream to buy Polyester Industrial yarn.

The market price of high quality 1000D polypropylene high strength silk reached 19000 yuan / ton in mid June, up by 4000~5000 yuan / ton compared with the beginning of this year.

With the rising price of polypropylene strong wire, more and more downstream enterprises are moving their purchasing direction to the relatively low price polyester industrial yarn, making the domestic demand of Dacron industrial yarn steadily rising.

Although the price of high strength and strong silk has dropped somewhat recently, it basically stabilized at about 18000 yuan / ton, but its price is still not enough to attract users to purchase compared with polyester industrial yarn.

Thirdly, the capacity expansion of polyester industrial yarn enterprises is slow in the first half of the year, and the downstream industries are developing rapidly.

For example, the domestic light box fabric industry expects that the demand for light box cloth will increase to 973 million square meters and 1 billion 10 million square meters in 2008 and 2009, with an average increase of 7.77%.

This will drive the demand for low shrinkage silk.

With the rapid development of the domestic automobile industry, the market of automotive products has been expanding.

According to the statistics of China Rubber Industry Association, in 2006, the output of radial tire increased to 107 million 500 thousand, increased to 216 million in 2007, and the consumption of polyester cord fabric increased from 29820 tons in 2006 to 35300 tons in 2007.

According to the development plan of domestic automobile industry, in 2010, the meridian rate of automobile tires in China should be over 75%, and the radial tires will be basically realized in 2015.

This will further increase the demand for polyester cord fabrics.

Although the pre market market has been a strong support for the price of polyester industrial yarn, industrial silk manufacturers should not ignore the downstream while continuing to raise prices.

Especially for downstream ribbon manufacturers, the price of polyester industrial yarn has reached the limit, and the price of industrial yarn is bound to suffer the same consequences as civilian silk.

In addition, three and fourth quarter of many industrial yarn manufacturers have new production lines to be put into production, and it is not easy to raise prices.

Overall, the price of polyester industrial yarn seems to have reached a high point. It is not easy to continue to make breakthroughs.