Some Polyester Factories Have Expansion Plans.

Different polyester products show different profits in the fourth quarter of 2014.

The mainstream conventional specification products, POY150D/48F profit the highest, followed by DTY150D/48F, followed by polyester staple fiber 1.4D*38mm, FDY150D/48F and polyester bottle tablets.

The profit level of POY is better than that of FDY. This is mainly due to the difference between the two processes, the FDY device is more complex, and the power consumption is large, and the corresponding processing cost is relatively high.

Therefore, factories with larger POY and larger body size may have higher practical benefits.

From a regional perspective, the profits of some chemical fiber factories in Zhejiang are relatively large, and the polyester factories which do not contain PTA supporting devices are mainly produced by POY. The processing cost is about 800 yuan / ton.

The profit of polyester chips is also good, and the processing cost is about 450 yuan per ton.

In 2014, the highest profit of DTY was above 1000 yuan / ton, the current profit is about 800 yuan / ton, and the average processing cost of the industry is getting lower and lower.

The conventional processing cost of mainstream POY150D/48F is between 1000 yuan and 1100 yuan per ton. If the depreciation cost and storage cost are not considered, the processing cost can be reduced to 900 yuan / ton.

Similarly, the cost of processing can be reduced to 1100 to 1200 yuan per ton without considering the depreciation cost and storage cost of mainstream FDY.

The old plant in some factories has been depreciated, and the new device can be depreciated in five or six years under the profit level of 2014.

During the period from September 2014 to March 2015, there were basically no new installations in the polyester industry. In the first half of 2015, more than 400 thousand tons / year installations were put into operation in the first half of the year. In the upstream PTA market, the BP three phase 1 million 250 thousand tons / year and the constant force 2 million 200 thousand tons / year PTA plant were put into operation in the first half of 2015, with a total capacity of 3 million 450 thousand tons.

In the first half of 2015, the new production of polyester can be far lower than the new capacity of PTA, which is one of the reasons why many polyester factories are not optimistic about the latter market.

At the same time, taking into account the direction of polyester production expansion and the proportion of the production capacity of each product, two polyester factories in our research polyester factories have plans to merge. They will discuss details and complete the merger in January 2015, when the total production capacity of the two plants will reach 650 thousand tons / year.

At the later stage of the merger, the polyester plant will also expand more than a dozen machines to enhance its capacity.

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Taicang province is the representative of the first town of Canada. Compared with several representative regions in Zhejiang Province, the polyester products in Jiangsu province are mainly located in the high-end market, while the polyester products in Zhejiang are mostly mainstream products.

Because of this difference, the overall profit of polyester products in Jiangsu is higher than that in Zhejiang under the same conditions.

Several factories in the survey, due to cost reduction and POY product profit improvement, sliced spinning products prices are low and melt.

Prices are rising.

The production capacity of POY, FDY and DTY in several polyester factories is accounted for. According to daily output, the average daily output of filaments is 1150 tons / day, of which POY accounts for 80%, FDY accounts for 15%, and PET chips account for nearly 5%.

The difference is that the polyester plant with a combination of projectiles has only one hundred or two hundred tons of POY and the rest is added.

As FDY will become smaller and smaller, this part of capacity will increase correspondingly, and the demand for devices will be higher and higher.

In the future, Tongxiang will build a bomb producing industrial area.

There will be a certain increase in the number of ammo.

In the polyester factories we visited, some factories had plans for capacity expansion later.

The two conventional products of POY and FDY are still the mainstream in these capacity expansion devices, and a large polyester plant will make a small share of the differential products in addition to producing conventional yarn.

However, due to the problem of device technology, it is easier to make differential products on direct spinning melt than to develop new products on sliced spinning.

Moreover, domestic demand for polyester products is mostly conventional silk, and clothing mainstream sales are more concerned about brands and styles than materials.

Talking about upstream

In view of the view, we visited several polyester factories, most polyester factories were pessimistic about the PTA market outlook, they were not optimistic about the market before the Spring Festival, this aspect came from the upstream crude oil, naphtha and PX cost collapse, on the other hand, the demand from their factory inventory, production and sales data showed poor demand.

Only a few pet factories with good profits are optimistic about the PTA market outlook.

They believe that all sectors of the upstream and downstream industry chain are profitable, and they will actively stock up in the case of good production and marketing and low inventory, and PTA prices will be supported on this basis.