Tight Supply Makes Space For PX Down.
The US economic data showed signs of weakness, and the negative impact of the strong US dollar on the US economy was gradually emerging. The US dollar index went up 100 times after the two time, and the oscillation slowed down, which is conducive to the upward trend of commodity prices. China's GDP growth rate reached a six year low in the first quarter. In April, HSBC's manufacturing PMI initial value reached a new low of 49.2, indicating that the downward pressure on China's economy is still large. Under this background, it is estimated that the two quarter of capital surface easing is expected to continue.
The price of PTA rose from the bottom to 5500 yuan / ton in the early stage, and the strength of raw material PX was strong. As of April 27th, the biggest increase of PX reached 145 US dollars / ton, which corresponded to 686 yuan / ton of PTA cost and 85% contribution to PTA spot 800 yuan / ton.
From the latest device dynamics, Fu Jia Dahua 1 million 400 thousand tons PX plant originally planned to stop and overhaul in April 23rd. Now it is postponed to the beginning of May for 15 to 30 days of parking inspection. The domestic PX plant operating rate has been maintained near 65%. The newly built CICC 1 million 600 thousand ton PX plant is officially put into operation in June.
The external ExxonMobil 530 thousand ton PX plant in April 16th was overhauled for 3 months. The Republic of Korea The modern 1 million 180 thousand ton PX plant stopped for 1 months in April 28th. Singapore's Jurong aromatics 800 thousand ton PX plant is scheduled to start in late May, and the Korean S-oil2 1 million ton plant plan is restarted in May.
at home and abroad PX The repair and restart operation of the device made PX in May. Supply increment Limited, once Fu Jia Dahua is overhauled in early May, there may be a slight contraction in the supply of PX. In the latter stage, unless the price of crude oil falls, the price of PX will be tight supported by supply, and there will be limited space to fall.
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Some large scale retail outlets such as 30S * 30S, 32S x 32S, 40S x 40S and so on have basically sold their cotton prints, embroidered and dyed fabrics. But the volume of each batch of fabrics is still relatively limited, mostly based on small batch and multi variety collocation. However, there are two kinds of flower dealers and large scale retail outlets. The new color and pattern fabrics continue to go smoothly, and the market advantages of creative flower fabrics are highlighted.
In the near future, the layout of active printed cotton fabrics in summer skirts, short skirts and casual shirts has been active. The sales volume has been expanding day by day, and sales volume has been increasing steadily. In the middle and old age women, the new type of fabric has a strong marketing advantage. Among them, the door width 145CM, with human cotton yarn 30S * 30S, 68 x 68 printed cotton cloth, turnover was partially active. 145CM, 40S * 40S, 100 * 80 specifications, 45S * 45S, 110 * 80 specifications printed cotton cloth, because of its good quality and large number of patterns, has been growing rapidly in recent days. It is not only sold in batches by domestic dealers, but also heavily ordered by foreign trade partners.
Door width 145CM, digital printing cotton cloth 40S * 40S, 100 x 80 specifications and 60S * 60S, 100 * 80 specifications local multi variety color and fancy fabric dynamic sales increase. The local cotton fabric of 30S * 30S, 68 x 68, printed cotton cloth, carved embroidered cotton cloth and embroidered cotton cloth has also been sold in batches. Door width 145CM, with cotton yarn 32S x 32S, 66 x 66 printed cotton cloth, the transaction has been partially smooth. The door width 145CM is made of cotton cotton yarn 32S x 32S and 60 x 60 printed cotton cloth. The spot sale of cotton fabric increased, turnover increased incrementally, and marketing entered a climax. The cotton fabric dyeing, sand washing, printing, embroidery and many kinds of dispersivity continue to be sold. The printed cotton cloth has been traded continuously for many days, and sales volume has increased significantly. Russia is a major exporter of foreign trade, and its sales volume continued to increase in the earlier stage. The price of human cotton cloth is basically stable, and the added value of creative fancy fabric is higher than that of large staple goods.
Over the past few years, there has been an increase in the number of traditional cotton market and the increase in the number of varieties and spots on the market. Because of the relatively small number of small and medium-sized operators in the finished cotton business, sales of some small business households are still relatively dull.
Over the past few days, the turnover of traditional cotton market in the textile market has been increasing. 40S * 40S, 100 x 80 reactive printed cotton cloth, 30S x 30S, 68 x 68 reactive printed cotton cloth, 30S x 30S, 68 x 68 printed printed cotton cloth, 32S x 32S, 66 x 66 printed cotton cloth, 32S x 32S, 60 x 60 printed cotton cloth, suitable for middle-aged and old women to wear deep cut bottom type fabric sales are relatively smooth, suitable for young women to wear colorful, base color, bottom color, bottom color fabric, creative flower fabric sales are relatively sold, some local style refurbishment and creative flower fabric marketing is quite smooth. With the deep bottom flowers, colorful flowers and bottom colored flowers, light colored bottom black dot patterns, dark stripes, dark yellow, black, white, black and white diamonds, black and white rhombus, black and white dovetail, red bottom black diamond lattices, bottom color stripes, bleach bottom irregular dot patterns, and deep coloured bottom positioning, flower printed fabrics have been increased locally. This year's black and white combination continues to sell well. Due to the fact that the flower spot market is still relatively tight, some large scale retail outlets are mainly based on sample orders. Creative flower fabrics are relatively popular among the customers. Many kinds of color and fancy fabrics are locally more popular. The creative fabrics are better than those of the big ones because of better quality.
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