The Textile Raw Material Market Began To Recover, But The Entire Textile Industry Still Faces A Serious Crisis

Since July, spin The raw material market began to recover, and the textile raw material market as a whole has been rising in the past two months. Although the range is different, the overall impact is good.

Xia Ting, an analyst at PTA Business Agency, believes that in the future, the textile industry's exports will continue to be weak, the downstream market's production and sales are not strong, and the investment in PTA's new capacity, the overall market of PTA is not optimistic.

It is reported that at present, the PTA of mainstream products has risen by about 10%, the spot price of 3A grade real estate cotton has risen by about 1.6%, the spot price of domestic 3A grade commodity inspection silk has risen by about 4.5%, and the prices of several mainstream sectors of the textile market have risen by different degrees.

The reporter learned that the recovery in this two months or so is on the one hand supported by upstream raw materials. The market data monitored by the business community shows that since July, the PTA market has been moving forward with an overall rise and range shocks. The overall increase of PTA price on August 20 compared with July 1 reached about 10%, which is particularly impressive. However, in general, the rise of PTA is mainly affected by the recent crude oil market. The rise of crude oil has caused a sharp rise in the downstream market, and many downstream production enterprises carry out machine maintenance in summer, resulting in a shortage of raw materials, which is also one of the reasons for the rise of the market.

Second, the raw material vacancy period. Affected by the time point, the picking of new cotton and the breeding of autumn cocoons did not start in the early stage, and the market circulation of products in the early stage was reduced after all, so it had a favorable impact on the market to a certain extent.

The third is the temporary recovery of the consumer market. It mainly refers to the domestic consumer market. With the advent of summer, people's clothing The consumption of clothing, bedding products and textiles has increased. The consumption of clothing and bedding products made of chemical fiber, cotton and cocoon silk has warmed up, which has a certain positive impact on the upstream raw materials, but the consumption is not as strong as in previous years. Therefore, the cotton market is only adjusting about 100 yuan, and the overall price is still low.

Fourth, the policy is favorable. With the textile raw material market in crisis, enterprises have been greatly affected, so the country began to introduce various policy support. The most obvious is the cotton market. The cotton purchase and storage has brought dawn to the cotton market, allowing the cotton market, which has been depressed and has been falling, to take a breather. Under the influence of various slightly beneficial factors, it has recovered somewhat, but the overall strength is not great, and the cotton market is still struggling to support; In addition, the national financial support for the cocoon and silk industry is also reflected in this aspect. The national allocation of 120 million yuan to support the cocoon and silk industry has been issued, which is bound to have a good impact on the cocoon and silk industry.

Xia Ting, PTA analyst of Business Agency, believes that although the raw material market has risen at present, it has not boosted the PTA market, and the price has fallen back, maintaining at 7950-7850 yuan/ton. In the future, the textile industry's exports continue to be weak, the downstream market's production and sales are not strong, and the investment in PTA's new capacity, the overall PTA market is not optimistic; The slight recovery of the cotton market is still difficult to change the sadness of the cotton market.

As for the future market, Li Liheng, a cotton analyst at the business community, believes that the main reason for suppressing cotton prices is the sluggish consumption of the downstream market of textiles. The new cotton year starting in September will continue to open up the collection and storage of cotton, which will also boost cotton prices, but it is difficult to drive prices to continue to rise, and the cotton market will continue to consolidate its range; The recent growth of the cocoon and silk industry is not weak, but the overall strength is lack of support. The industry is full of crisis feelings. Chen Changshong, a cocoon and silk analyst from the Business Agency, believes that the cocoon and silk market will continue to consolidate at a high level in the short term, with equal strength. The sharp rise and fall trend in the short term may be difficult to achieve, and the future trend will mainly depend on the autumn cocoon output.

Although the textile raw material market has begun to recover in the past two months, the entire textile industry is still in a serious crisis period. Recent textile export data show that the growth rate of China's textile exports in the first half of the year was negative or no growth, which is undoubtedly a fatal blow to the export oriented market. In addition, domestic orders were transferred to emerging low-cost markets such as Southeast Asia in large numbers Textile market It will remain serious.