Last Week "China Shengze Silk Chemical Fiber Index" Comment

According to the data monitored by 350 purchasing units, Shengze, China, this week

Conghua fiber products price index chart shows that the overall trend of the chemical fiber index is rising this week, mainly due to the rising weaving rate and the rigid demand for polyester.

Despite the lack of foreign trade orders in the near future, there are still some hot sales on the market, leading to the recovery of the whole market temperature.

In addition, the order is only a matter of time. When foreign orders are coming in March, the enthusiasm of the enterprises will increase.

Chemical fiber this week

Recently, the sale of Shengze silk fabric has been sold in a "volume". One of the polyester FDY Chiffon products has been significantly enlarged. The warp and weft threads of the fabric are made of polyester semi dull 75D/72F * FDY100D/72F as the raw material with a specification of 16 x 4 x 30. The warp and weft threads are interwoven and twisted together. The fabric is plain weave, and the weave structure is made up of water jet looms. The fabric density is very high, and the handle and sag are not comparable to ordinary chiffon. Judging from the situation of fabric sales in Shengze market,

Sales of polyester and cotton fabrics are also not to be outdone. In recent years, sales of polyester and cotton grey fabrics have gone up slightly, and there are many enquiries for polyester cotton elastic fabrics.

The main reason why polyester cotton fabrics are favored by customers is mainly due to the close proximity of spring and summer season, and fashion and casual wear will soon be on sale, especially in children's wear market.

It is understood that a polyester cotton elastic fabric is made of high quality cotton yarn 32S and polyester DTY100D x (40S+40D) cotton ammonia wrapped yarn as raw material interwoven, fabric not only soft, delicate, soft luster, moisture permeability, good vertical, strong elasticity, not easy to wrinkle.

Therefore, it is the ideal fabric for women's wear and casual wear.

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In addition, the sales volume of Oxford fabric series continues to rise, and the market turnover of the series is still more active, and weaving factories are gradually showing booming sales.

In the early stage, the fabric of suede fabric was sprayed up, and the capacity expansion was bigger. The price competition was fierce, and the price volume could not be synchronized.

The market share of jet fabrics has expanded this week, but the spot market is very small, and jet weaving fabric will account for a large proportion.

Knitted warp knitted fabrics such as velveteen, corduroy and so on, have seen a weak market in recent years, and the warp knitted fabric market is more popular. The industrial cloth is currently one of the most popular products in the market, while the conventional products such as the full spring, the Asian floss and the water washed fleece Market are not selling well.

The chemical fiber index showed a downward trend this week, closing at 97.56 points, down 0.15 points compared with the previous weekend.

Judging from the upstream raw materials, this week, the PX market was weak. The Asian PX market price dropped by 20 US dollars / ton in a week to US $1601 / ton on Thursday, and the European PX market price dropped by 21 US dollars to 1524 US dollars on Thursday.

This week, the PTA market is plummeting. The main reason is that the downstream market continues to be weak, textile orders are not enough, weaving factories mainly consume inventory, and less purchases of raw materials such as PTA.

From the spot price point of view, this week, the price of PTA internal negotiated price fell 200 yuan / ton to 8950 yuan / ton on Friday, or 2.19%, and the price of Chinese Taiwan negotiable goods has fallen by 30 US dollars / ton to 1180 US dollars / ton on Friday, down 2.49%, and Korean negotiable price fell to 1165 US dollars / ton this week, down 2.52%.

In terms of futures, PTA futures continued to decline this week. As of Friday, the 1205 main contract of PTA was closed at 8914 yuan, down 234 yuan / ton compared with Monday settlement price, or 2.56%.

From the perspective of chemical fiber raw materials, the market price of polyester fiber has dropped down this week, and the sluggish downstream demand is temporarily winning in the game of high raw material costs.

Although the high inventory of all polyester enterprises is high raw material production, originally the intention to reduce prices is not strong, and should always adhere to the downstream demand volume.

However, because of the slow start of the downstream orders this year, there are still fewer purchasing measures. Moreover, the amount of funds occupied by the high inventory of polyester factories is quite large. Once the enterprises have led the market, the market will be in a downward trend.

From the perspective of specific products, this week's DTY market is dominated by weak sideways trend. Although the offer is barely maintained, the actual paction is much more than the offer price.

At present, DTY stocks range from 30 days to 45 days, and DTY150D/48F low bombs are 13400 yuan / ton to 13500 yuan / ton.

This week, the East China POY junction quotation: POY150/48 knot 12650 yuan / ton; this week POY150/48 reported 12800 yuan / ton, all with the previous stage.

At the beginning of the week, the POY market was the main concession, but with a big discount of 500 yuan / ton in Xiaoshan, the market mentality of the POY company rapidly weakened. The next day, the market concentration declined, with a drop of more than 100 yuan.

In the end of this week, the market is in a trend of tendencies. The discount continues and has the trend of enlargement.

At present, POY stocks are in the range of 15 days to 23 days, and the POY150D/48F center price is 11900 yuan / ton to 12100 yuan / ton.

This week, the FDY market began to show a downward trend. At first, the market was mostly small or small, or moderate discount was 50 yuan / ton to 100 yuan / ton; the market began to fall in price in mid week, and the profit margin increased, ranging from 200 yuan to 300 yuan. After that, some enterprises directly chose to drop 100 yuan / ton to 300 yuan / ton.

At present, FDY inventory continues to vary in height, ranging from 20 days to 27 days, and the FDY68D/24F center price is 13600 yuan / ton to 13800 yuan / ton.

Cocoon and silk products price index continued to decline last week, closing at 101.05 points, down 0.08 points compared with last week.

At present, the problem that the consumption market of cocoon silk industry has not been fully mobilized is still in the low demand. The consumer market has no bright spots. The low consumption market is an important reason for the lack of support for cocoon silk market. The current purchasing situation in the lower reaches of the industry generally decreases the uplink support of cocoon silk prices.

At present, the fundamentals of the industry are rather thin.

In terms of demand, the demand for cocoon silk will not be bigger than last year. The gap between production and demand will probably shrink this year. Downstream consumption can hardly drive cocoon silk prices to continue to rise. These factors also directly restrict the pace of the rise of cocoon silk prices.