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Recycled Chemical Fiber: The Market Is Like A Crazy Roller Coaster.

2010/12/8 15:52:00 53

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The end of the November regenerated chemical fiber industry is a rare market in recent years. Whether it is a huge rise or a deep fall, the profound impact on the market has not yet been eliminated.

In November 4th, with the quantitative easing policy announced by the Federal Reserve, hot money quickly followed up speculation, and cotton, PTA and other related futures rose sharply, driving the market of native, regenerated polyester chains and other products up rapidly.

The daily rise of nearly 1000 yuan continued until the late November 10th. As the central bank announced the increase in reserve ratio and price regulation, the market rally was frozen and plunged into a continuous decline.

In this round of rising prices, the original polyester chain is replaced by cotton.

Polyester fiber

Short fiber prices are the highest.

In regenerated chemical fiber, the primary replacement is recycled polyester staple fiber.

The main factory quoted price of the high strength and low elongation products of Jiangsu and Zhejiang has risen from 11000~11500 yuan / ton (including tax) to 16000~17500 yuan / ton (including tax), and then dropped to 13000~14000 yuan / ton (including tax).

The three dimensional hollow mainstream factory price of Jiangsu and Zhejiang has rapidly increased from 10800~11300 yuan / ton (including tax) to 15000~16000 yuan / ton (including tax) peak.

After a week of firm quotation, the factory quoted price of the three dimensional mainstream products is revalued to the current 12000~13000 yuan / ton (including tax).

The main export quotations of Jiangsu and Zhejiang regenerated POY150D first rose from 10500~11000 yuan / ton (including tax) to 16000 yuan / ton (including tax), and then dropped to 12500~13000 yuan / ton (including tax).

Compared with the price at the end of 10, the price of recycled fiber is still higher than before, and the sales of factories are very hot.

But the roller coaster market is hard to get the approval of the manufacturers, because this is a kidnapping market.

From recycled cotton polyester staple to recycled hollow, regenerated filament, and raw slicing, filament and even viscose products are tied to the chariot represented by cotton as a hot money.

When the rapid rise of the market is not reported, the frustration that is resisted by the downstream and the deep downward slide after the withdrawal of idle capital are left to the industry itself.

Because of the ever-changing macro economy and strong intervention policies, even now,

chemical fiber

The factory can not stop shipments and maintain price stability, so the price of raw materials will be greatly reduced.

In the first ten days of November, the price of bottle grade materials continued to rise, and the price rose by nearly two thousand yuan.

However, since 12, the purchase price of Jiangsu Jiangnan Chemical fiber has been greatly reduced by 2800 yuan / ton, and the price of chemical fiber has started to decline, making the bottle grade material market in the middle and late 11 months have failed.

At the end of 11, bottle grade material fell back to a lower level than the end of 10.

In Jiangsu and Zhejiang, the price of machine material quoted from the three dimensional blank sheet rose from 8100~8300 yuan / ton to 10000~10500 yuan / ton, and then dropped to 7800~8200 yuan / ton (excluding tax).

This lower price than before the rise, no doubt contributed to the panic atmosphere in the market, and made the recycled chemical fiber down market harder to see the bottom.

At present, the regenerated chemical fiber

Quotation

Tardy bottom, plus two consecutive weeks of price declines, the downstream wait-and-see reluctance to purchase, making manufacturers inventory rise, the late product price adjustment inevitable.

However, with the gradual reduction of the national dry degree and the decline of cotton and PTA futures, once the regenerated chemical fiber market is bottoming out, the enthusiasm for downstream purchasing will rebound.

Although there is still a slight increase in recycled fiber in the first half of 12, the operation of the chemical fiber plant will be more cautious after the roller coaster ride. In the short term, the recycled fiber market may be dominated by floppy disks.