Four Major Reasons For The Recent Frenzied Rise Of Polyester Staple Fiber

　　 After 40 days, spinning spinning polyester short again appeared crazy rise action, compared with the end of September, a rise. Quotation This round has gone up too much. As can be seen from the chart, Direct spinning The price of polyester and short factory began to rise slightly on Tuesday, but from Friday, the factory's short daily quotations began to rise continuously, and it rose 1400 yuan per ton per day, not only breaking through the previous 13700 yuan / ton historical high point, but also creating the biggest single gain in history. Though entering the weekend, Market climate There is still no shortage. As of Sunday, some of the quotations rose to 17000 yuan / ton, and most factories were closed.

The reasons for the rise are:

1. cotton prices have continued to rush, and the price of grade three cotton has reached 30 thousand yuan, which is more than two times the price of polyester and short. The value of direct spinning polyester and short value is seriously underestimated.

2. polyester raw materials prices rose rapidly, for direct spinning polyester and short cost support. Moreover, the pre sale volume of the polyester and short factories is much higher in the early stage, and the rise of raw materials will engulf their own profits, which will increase the cost pressure on the staple mills.

3. the United States adopted the two quantitative easing policy. Under the loose monetary policy, the inflation atmosphere was aggravated.

4. the supply of polyester and short factories has been tight since August. After the rise and fall of the market just after more than 20 days of inventory digestion, the supply situation of polyester and short factories is more intense.

Current market situation:

Macroeconomic policy is still relatively loose, ample market funds and rising inflation prices are inevitable. With the growth of agricultural products and non-ferrous metals, the crude oil market in the early stage has been rising more than $80 / barrel, and the cost of upstream chemical raw materials has been enhanced.

Polyester industry chain, polyester raw materials and polyester products prices have risen sharply, downstream polyester pure polyester factory price increases, although there is a conflict, but the price has also been raised, along with polyester and short prices rise, yarn factory parts also appear to be closed quotation. From the industrial chain status, the stock of polyester raw materials and downstream yarns is less, and the polyester staple link is still in a large number of goods in the state, with an average shortage of about 15-20 days.

Direct spinning of polyester and short staple products shows that cotton, viscose and short cotton textile raw materials are rising fiercely, and the short price spreads are still great with direct spinning. The price of reclaimed polyester and polyester is short with the price of straight spinning polyester and short, the price is rising rapidly, and the supply of recycled polyester and short factories is also tense. Most of the regenerated polyester and short factories are also in the state of being in short supply. Besides, the short and later stage of regeneration will also be faced with shortage of raw materials and rising cost pressure.

Under such a rising trend, from the current polyester and short market, under the influence of less cotton supply and high price rising, the demand for polyester and short in the downstream mills has increased, while the shortage of polyester and short supply, the market dynamics of cotton and the larger price difference between cotton and polyester are still the main contradictions affecting the market.

　　 From the historical data, under the steady market situation, the price difference between cotton and polyester is about 4000 yuan / ton, but not in the case of rising prices. From the bottom of the 08 year economic crisis, cotton prices have risen by nearly 20 thousand yuan / ton, or 75%, and polyester and cotton prices have increased by 10 thousand yuan / ton, or 141%; and from the 03 year cotton and polyester short price rising trend, the cotton price difference at the end of October is 6550 yuan / ton, and cotton polyester price is 159%, while the price difference between cotton and polyester reaches the maximum 7900 yuan per ton after one month, and the price of cotton and polyester is 187%. By contrast, no matter from the relative increase or the price ratio of cotton to polyester, there is still a certain gap between polyester and cotton, and there is still a considerable room for improvement.