Textile Market Begins To Warm Up Or Rebound In April

The market is heating up in April.

From the business community

The index shows that compared with the good rally in February, after March, except for the brief rebound in the early part of the month, it has fallen into a declining trend again.

As of March 31st, the textile index was 805 points, a record low in the cycle, down 1.47% from 817 in early March.

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

From the price list of textile and bulk commodities monitored by the price of business in March, we can see that the first is falling or increasing.

Of the 21 textile raw material commodities monitored, only 6 of them were rising. The top 3 products were nylon short fiber (3.37%), nylon FDY (1.33%), human cotton yarn (1.21%), and the top 3 products were acrylonitrile (-12.73%), nylon POY (-8.16%) and PTA (East China) (-4.73%).

Two, chemical fiber products are bottoming out.

Such as viscose staple fiber, in early March hit the lowest price in nearly 10 years after a slight rebound, nylon prices in the cost of driving the market has also improved.

Affected by factors such as cost and supply and demand changes, chemical fiber products are mixed this month.

If viscose staple started to rise in volume this month, the price of the mainstream factory increased by 100-200 yuan.

The supply and demand relationship of viscose market has begun to improve gradually. Last year, the industry capacity growth rate was only 6.7%, which was lower than the demand growth rate. This year, there is basically no new production capacity. With the support of zero growth in production capacity and demand for orders, the industry will usher in a profit upward turning point, and factory price increases will be increased.

The raw material of nylon CPL has been on the rise since the beginning of February. Up to now, it has risen by nearly 30%. In March, the price of nylon has increased slightly.

This month crude oil fell Brent crude oil fell 10.05%, while the average PTA operating rate was above 70%, while downstream construction resumed slowly, the imbalance between supply and demand was highlighted, and PTA prices continued to oscillate.

Therefore, the overall trend of polyester Market under the influence of weakening cost side is not optimistic. Polyester filament decreased by about 2% this month, and the staple fiber dropped more than 4%.

Cotton enterprises wait and see, the atmosphere is strong.

This month, the cotton market is showing a trend of turbulence. The atmosphere of watching and watching and pessimistic psychology revolve around cotton market, especially in the cotton market.

By the impact of Xinjiang cotton and outer cotton, the decline was obvious in mid March. According to statistics, in March, 40-50 tons of Xinjiang fine wool cotton entered the the Yellow River basin market, which resulted in a reversal of the supply and demand relationship in the the Yellow River basin.

At the same time, weak demand continues to restrain its market. Currently, textile enterprises in downstream are cautious in purchasing. Whether traders or textile enterprises are weak in confidence and wait for a strong view, their overall performance is poor.

Cotton growers have less enthusiasm for planting cotton. According to the national cotton market monitoring system data, the cotton planting area in 2015 was 51 million 187 thousand mu, a decrease of 12 million 911 thousand mu compared with that of the previous year, a decrease of 20.1%, a decrease of 5.6 percentage points compared with that in November 2014.

Spring Festival spur textile exports

According to the Customs General Administration of China, in February 2015, China's textile and clothing exports increased by 21 billion 676 million US dollars, up 99.31% compared to the same period last year, ending the downward trend of 3 consecutive months.

The industry expects that the export of Chinese textile and clothing will not rise and fall in 2015, and will remain stable and increase slightly.

From the supply and demand side of the bulk market, China's commodity supply and demand index (BCI) released by the business sector was 0.05, or 0.87%, reflecting the expansion of the manufacturing economy in the previous month and the stabilization of the economy.

Analysts believe that Xia Ting, the traditional consumption season is expected to ease the contradiction between supply and demand, as well as the promotion of national macroeconomic policies and other factors, the textile market will rebound in April.

In April, or in the peak season of textile consumption, demand is expected to pick up.

For the chemical fiber market, the polyester industry is expected to show a trend of "V" in April. PTA stocks are high and new production capacity is put into operation. In the first ten days, the cost side will continue to weaken. The possibility of increasing the cost is increasing with the overhaul and implementation of several factories in the middle of the day, plus the influence of PX maintenance.

Viscose factory at present the price intention is still obvious, nylon cost surface is still strong, with the demand side to lift, the chemical fiber market generally turn better.

At the end of March, the state issued the vision and action to promote the construction of the Silk Road Economic Belt and the maritime Silk Road in twenty-first Century.

"Good drive, cotton, raw silk, wool and other industries are expected to benefit.

No matter the increase of import and export volume, the shortcut of pport mode, or the favorable policies, the demand of these industries will expand day by day.

Overall, the first half of April will slow down. It will rebound in the middle of the year. The lowest point is expected to be around 795. The highest point is expected to be around 810.

In any case,

The industry is also like this rising temperature. At last, there is a slight upward trend.