International Crude Oil Prices Fall, Fabric Companies Gain Difficulties

It is understood that in this international crude oil price decline, because the order price is placed, Shandong Dai Yin group has not been affected much by comparing with the fabric companies that order the order price.

Liu Tao, Minister of new product development, said that Dai Yin always had first orders and differentiated production according to the requirements of customers, so in the short term, the change of crude oil prices had little effect on enterprises.

Liu Tao continued: "personally, I still hope that the price of international crude oil can rise and reach a relatively stable state.

Judging from the trend of orders in recent years, Dai Yin's chemical fiber

The proportion of production has been increasing and the cost is falling, which is closely related to the demand of customers and the price of international crude oil. "

Some enterprises place orders at the order price, while some enterprises place orders at the delivery price. In order to avoid risks, Dai Yin will choose the former most of the time.

Because of this, in this oil price storm, the enterprise has not been affected much because there is no high price and low price.

According to the survey, chemical fiber is a kind of petroleum product. Whenever the price of oil falls, it will lead to a lower price of chemical fiber products.

However, the impact of oil price fluctuations on the prices of chemical fiber products is large, but it can not represent all.

Except for oil.

The impact of

It is also restricted by many factors such as inventory, demand and so on.

Since 2014, the overall situation of China's textile industry is still more complicated.

The economic recovery of the developed countries in Europe and the United States lacks strong support, and the rapid development of emerging economies such as ASEAN has obviously dropped.

Affected by this, the demand for chemical fiber products is decreasing, which directly causes the weaving enterprises to dare to produce products and cause too much inventory.

Although the cost of raw materials is falling, the lack of demand makes it impossible for chemical fiber enterprises to profit from it.

Aiming at the trend of international crude oil prices in the coming period, Zhao Qingsong, general manager of Wujiang Jintong Textile Co., Ltd., said that international oil prices may still maintain a downward trend in the near future, or rebounded in the second half of 2015.

He further said, "it is too early to predict the trend of a year or two years ahead, but the downturn in oil prices in the coming months or in the medium and short term should continue."

In addition to the impact of oil prices, chemical fiber fabrics are also constrained by inventory and demand.

Although the decline in crude oil prices will reduce the cost of chemical fiber fabrics, but because of the decline in demand, fabric enterprises still have a hard time to profit from it.