Spandex: How Long Is The Darkness Before Dawn?
The increasing number of products that touch bottom products and the trend of loss enlargement, as well as the sustained high level of cost surface, are pushing the majority.
spandex
Manufacturers are gradually shifting to maintain stability and wait and see.
Sale
Operation, many production enterprises have begun to implement the plan of reducing production and production before, while the purchasing mentality of some dealers and weaving factories in some areas has been slightly reversed in the same period.
It seems that the market is gradually being pushed to the dawn of darkness by suppliers.
However, "how long is the darkness before dawn" seems to have not been conclusive until now, especially when the recent market purchase has just improved, but has not yet started effectively.
brand
Since the beginning of the implementation of the actual bulk purchase of the market, the new round of discount has been implemented, and a few companies have even lowered the offer publicly.
According to the above picture, after a period of steady maintenance by many suppliers, the price system showed a relatively stable trend in the early June. However, some manufacturers were forced to operate at low levels of high inventory and low expectations, especially when the manufacturers tried to stabilize the purchasing intentions of some dealers and weaving factories. Some suppliers, especially the individual strength brand discount operation, started again, but the price of the center still fell from time to time.
How long does spandex go in the current "night" state? Naturally, it should be analyzed from all aspects affecting its operation.
Cost: although one of the raw materials is pure MDI, the selling price of the main raw materials, such as slurry and shoe sole, has shrunk, as well as the increase of its own production. The price of the raw material has been downgraded continuously. However, the main raw material PTMEG has basically been leveled off due to the fact that the strength suppliers are only slightly down and the attitude of the high-end suppliers is strong. The market outlook is expected to be due to the unexpected shutdown of the BASF German device in early June, and the May due to continuous fire and other low price operation of the Formosa Plastics and South Asia devices. The price expectation of the supplier has been swept away.
Therefore, spandex wants to lower the cost to solve the urgent need, but it is also strong after the market price stability mentality.
Supply: Although the high capacity expansion of spandex industry started last year, many manufacturers are worried about the business outlook this year, but the expected impact is also partly to be magnified by the industry. The key point is due to the poor market environment. Many enterprises have deliberately postponed the production date. On the other hand, they came from the equipment suppliers. Because of the centralized expansion of their suppliers last year, some enterprises originally planned to invest in the beginning of this year because the equipment was not in place and the uncertain period was postponed.
Circulation source: Although there is a higher inventory status in the whole production area, at the same time, the huge intermediate links between traders and distributors on the supply side are due to empty and cautious psychology. Many of them are operating near "zero inventory", and near the implementation period of the power restriction policy in Jiangsu and Zhejiang provinces, with the current operating conditions such as no profits or even losses, Spandex Enterprises' operation has been partially started, and the trend has gradually increased. Especially the total volume or half of the capacity will reach about half of the domestic production capacity, but will affect the actual output of the spandex field in a down-to-earth manner.
需求面:中間商、織造廠因訂單不足,預期差,風險高等采取一系列的規避措施,令各自均保持極低庫存狀態,此一空間雖已有相當量存在,但缺少終端的訂單及信心支持;而當前的下游,處于習慣的產銷淡季,令終端商談氛圍的依舊不足,但上半年轉單東南亞的部分歐美客戶重新開始跟國內一些企業商談跡象的出現,主原料棉紗、滌綸等產品售價不斷下跌之后的趨平走穩,甚至個別小幅反彈,氨綸也在生產商觸底后部分廠家基本售價操作漸趨堅挺下表面走平,盡管難以對下游需求形成十分有效的刺激,但卻已推動部分中間商、實力織造廠開始詢盤,試探性采購或個別補倉操作的出現,使整個下游處于一種僅缺終端批量訂單出現的采購等待狀態。
It seems that in view of the current market environment, the only thing that the producer needs to do is to reduce the output in succession according to the plan. The only thing that can be done is the "force", the "work of the people" in Shanghai and the "death resistance" of the people of Beijing.
If the textile industry itself does not have much problem, dawn will surely come, especially when a bright light is not visible.
This is the darkness before dawn.
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