Weak Demand In June, Textile Raw Materials Market Is Not Optimistic.

< p > May 31st < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > index is 960 points, compared with the highest point in the cycle 1074 points (2013-02-19) decreased by 10.61%, compared with 2012 07 01 lowest 930 points 3.23%.

(Note: cycle 2011-12-01 to 2014-05-31) < /p >

< p > according to price monitoring, in May 2014, there were 7 kinds of commodities rising in the textile price list, and the top 3 were PTA (Hua Dong) (4.08%), viscose staple fiber (2.45%), dry cocoon (3A or above) (2.30%).

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There were 13 kinds of commodities with a decrease of P > the top 3 products were polyester FDY (-2.76%), polyester DTY (-2.43%) and nylon FDY (-2.14%).

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Less than P > May 2014, the gross domestic product of textile industry increased by -0.11%.

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< p > as of May 31st, the textile index was 960 points, a 10.61% decrease from the highest point in the cycle (2013-02-19), up 3.23% from the 930 lowest point on 2012 07, 2012.

(Note: cycle 2011-12-01 to 2014-05-31) < /p >

< p > < strong > limiting production and protecting the price PTA up 20 days < /strong > /p >

< p > according to price monitoring, the price of domestic PTA spot market began to rebound continuously in May 9th, and the 20 day time rose by more than 8%, down 14.45% from the same period last year, and the ratio rose 4.08%.

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< p > is mainly affected by the limited production and price protection of PTA factories.

Since April, the loss of the factory was about 400 yuan / ton. In order to alleviate the loss situation, the manufacturers set up the collective overhaul, which led to the shortage of market supply. The trading capacity of traders was limited, and the price was sharply rebounded.

MITSUBISHI Petrochemical 700 thousand tons, Jialong Petrochemical 600 thousand tons, Zhuhai 500 thousand tons, Xiang Lu Petrochemical 1 million 650 thousand tons, Hainan Yisheng 2 million 200 thousand tons of PTA repair and maintenance, PTA start-up load from early 82.5% 82.5% to 60.9%, at present, with the gradual restart load of the device has picked up, but still about 70%.

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< p > upstream domestic PX prices also maintained a slight upward trend, up 2.40% this month.

Since mid May, there are several suits in Southeast Asia and Northeast Asia, which have been put into service from mid May to July. The average operating rate of Asian PX installations is about 75%. The market hype shows that the theme of PX reduction is obvious, and prices continue to rise.

Affected by raw materials, the market price of polyester and silk in Jiangsu and Zhejiang also rebounded from mid May, of which POY rebounded the largest, the 15 day rose more than 3%, and the rebound rates of FDY and DTY were relatively small, 1.60% and 0.60% respectively.

At present, the textile factories are not very enthusiastic because of the traditional off-season, capital and other reasons.

Polyester production and marketing is currently around 80%, mainly based on old orders.

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< p > < strong > market turnover is light cotton price is steady down < /strong > < /p >

< p > May, the price of domestic cotton spot market steadily decreased. According to the price monitoring of business associations, the 3 grade inland cotton fell 0.73% in May, even if the price was reduced, the turnover was still light.

The auction of national cotton reserves continued, and turnover and average paction price both dropped slightly.

As of May 30th, the total amount of cotton put into the stock market was 6296194.3519 tons, with a total turnover of 1775241.1696 tons, with a turnover ratio of 28.20%.

At present, the price drop of domestic cotton has brought some difficulties to the sales of imported cotton, and the price center of gravity has gradually dropped.

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< p > after the entry of domestic cotton yarn Market in the lower reaches of May, the turnover is even more light, and the number of enterprises that stop production and limited production is increasing, and prices are temporarily stable. Most of them are in the market without price.

At present, the stock of finished cotton yarn is constantly increasing. Weaving factories and < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > demand for pure cotton yarn is very few. In May, textile traditional off-season is coming. After a small batch of replenishment, the purchasing enthusiasm is relatively poor recently. Cotton spinning enterprises generally use the raw materials market to buy and buy, and the pessimism behind the market is still heavy.

At the same time, there are serious financial problems in cotton spinning enterprises. It is understood that about 30% of the enterprises in the stoppage enterprises are broken because of the chain of funds, and the poor operation of the enterprises has reduced the purchasing power of the enterprises.

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< p > < strong > the demand side is weak. The market of textile raw materials in June is not optimistic. < /strong > < /p >

In May, China's commodity supply and demand index (BCI), -0.19, rose by 0.01%, reflecting the contraction of the manufacturing economy from the previous month, and the economy is still at the bottom of the operation. P, a commodity data provider, was released by the business community.

For the textile raw materials market, mainly due to the PTA plant centralized maintenance, the whole industry chain rebounded, but also led to the low price of the entire textile raw material market pulled up.

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< p > June, although the PTA plant has been restarted, there are also parking repairs. The load is expected to remain low. In the short term, the price reduction effect still supports the whole industry chain price.

However, it is also dragged down by new capacity. Honggang Petrochemical 1 million 500 thousand ton plant has been commissioning on the 27 th of this month. The product is officially released at the end of the month. The 2 phase 3 of the Xiang Lu Petrochemical Company is currently in the commissioning phase of the 3 ton plant.

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Domestic cotton supply will be adequate in < p > 2014/2015.

Under the influence of direct subsidy policy, it is estimated that Xinjiang's cotton output is expected to remain at around 4 million 500 thousand tons, and the total cotton output in the whole country is expected to be between 6 million and 6 million 500 thousand tons.

China has closed its storage for three years in a row, and has deposited a large number of national cotton reserves. It is estimated that by the end of August 2014, the stock of state reserves will still be as high as 12 million tons.

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< p > downstream textile enterprises are still facing the problems of insufficient funds and high labor costs. Meanwhile, due to the instability of the "a href=" http://www.91se91.com/news/index_s.asp "raw material market < /a >, at present, the wait-and-see mood is strong, and the procurement is not active.

In the traditional off-season of textile industry in June, the shortage of demand will obviously increase.

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< p > above all, Xia Ting, an analyst at the textile industry, thinks that the new production capacity of chemical fiber will be put into operation, the high inventory of cotton and the unfavorable factors such as the traditional consumption of textile and off-season. It is expected that the rebound trend will slow down in June, and the market outlook is not optimistic.

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