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Chemical Industry &Nbsp; Stable Polyester Staple Fiber.

2011/1/18 18:45:00 62

Polyester Staple Fiber Chemical Industry

Industry status: along with rising and downstream costs of raw materials

yarn

The market is getting warmer, the atmosphere of polyester staple market has gradually improved, volume has increased, and polyester staple fiber prices have continued to rise.

Comments: we believe that the current price of polyester staple is rising under the impact of cost support and strong demand, but the future price of polyester staple fiber may not appear to rise and fall in 2010, it is with the price of cotton.

The linkage will weaken, and the price fluctuation factors will be affected by their own fundamentals. The median price may be at the relative high level of 15000 yuan / ton.

The reasons are as follows: cotton prices will linger at high levels in the future, but may fall back.

Because of the limitation of planting area, the annual output of international cotton will not be greatly improved, and the future stability will be around 2500-2800 tons.

While the global economy is slowly recovering, China's imports are increasing and demand for cotton is booming.

However, with the new cotton market, policy pressure and downstream textile growth slowed down and other factors, cotton prices may drop somewhat, making polyester staple fiber prices under pressure.

Cotton positioning high-end textiles, and polyester staple fiber linkage weakened.

Polyester and

cotton

The substitution effect only increased the demand for polyester by 7.1%.

At the same time, with the upgrading of consumption, cotton will locate high-end textiles, and the linkage between cotton and PET staple will be weakened. The high price difference between cotton and PET staple will exist for a long time.

Psf

Industry attributes determine that short and short prices will not maintain huge profits.

Staple equipment is not dependent on imports, domestic products can meet the requirements, polyester staple fiber threshold is low, at present, profit is acceptable.

However, if the polyester industry continues to boom, it may cause the original idle or new capacity to release.

The export growth of textile industry may slow down in the future.

In 2010, the export growth rate of the textile industry was 28.4%. However, due to the stabilization of external demand, the appreciation of the RMB and the rising cost of raw materials, it is estimated that the export growth rate of textile industry will slow down in 2011, and to a certain extent, the price of the upstream polyester staple fiber will be under pressure.