The Spring Festival Is Approaching The "Hibernation" Period Of The Textile Industry.

According to the textile index, entering the January textile raw material market continued the decline last month, but the market began to stabilize from the middle of the month. As of January 30th, the textile index was 809 points, down 3.11% from 835 at the beginning of the month, which was 24.67% lower than the 1074 point in the period (2013-02-19), which was 0.25% higher than that of 2015 18.

(Note: cycle refers to 2011-12-01 to date).

Textile products from price monitoring in January

It can be seen that the prosperity of the textile industry is still not high.

Specifically, the first one is to fall more or less.

Of the 21 textile raw materials monitored, the "green light" is just 0.17%, compared with the "cotton market".

Two, the largest decline in chemical fiber plate.

The top 13 products of the chain decline were all chemical fiber products, and the decline was more than 3%, of which the top 3 were acrylonitrile (-16.11%), nylon short fiber (-9.97%) and polyester DTY (-8.93%).

2014

The industrial chain is "technology and pressure".

The only rising star product in the year is more than 10% acrylonitrile and more than 6% acrylic fiber.

But this year's openings are bad, and acrylonitrile falls directly into the abyss.

Since November last year, the market has seen a slight decline in the volume of acrylonitrile production and the international crude oil slump.

First of all, the impact of new products spread throughout the country in January, followed by a large factory in the northern part of the country to avoid inventory and take a low price.

At the same time, the downstream demand side is still weak.

Although some parts of the eastern part of China were overhauled in January, and the price of raw propylene increased, it was hard to escape the situation of supply exceeding demand.

The PTA industry chain continued to decline. In the middle of 1, several domestic PTA devices were forced to stop due to failures, resulting in a slight rebound in the market. However, as the device was restarted, the market continued to weaken, and the PTA industry started at around 71%.

In January, WTI crude oil fell more than 17%, PX fell more than 13%, PTA cost support weakened, and polyester factory procurement negative, and the Spring Festival approaching, downstream weaving activities will gradually shrink, Jiangsu and Zhejiang loom load is now down to 55%, later will continue to decline.

In January, cotton spot trading was slack, and the actual paction price continued to decline.

Huge inventory pressure, cancellation of storage and purchase policy, poor domestic and foreign cotton prices, and domestic and foreign demand were not the main factors. First, the enthusiasm of cotton growers declined. According to the survey of cotton planting intentions in January, the average planting intention of the whole country decreased by 25.4%. Two, the enthusiasm of the textile enterprises in the lower reaches declined, and by the beginning of January, 52% of the enterprises preparing to purchase raw materials and 16 percentage points lower than those of the enterprises in the early January.

The three is the continuous reduction of cotton imports. In December, the number of cotton imports in China rebounded, but the margin was limited. The import of cotton was 264 thousand tons, the growth rate was 1.9 times that of the same month, down 56.5% from the same period last year.