Hebei, Shandong And Henan: Textile Market Continues To Decline

At present, the production of cotton yarn in Shandong and other places may be under the influence of the news, no longer continue to adjust the price shipment, but wait and see, waiting for the development of raw material prices in the future.

But for cash cash customers, there will be some preferential policies depending on the order quantity.

Most spinning enterprises still take risk averse attitude, and mix the variety structure to the blended yarn. In addition, the order of polyester cotton yarn is relatively stable.

The 6-8 month is the most difficult three months for textile enterprises. After waiting for the new cotton market, there will be a turning point in the market.

Recently,

From all aspects of feedback information, the textile market continues to decline, orders are mainly small batch, occasionally large single inquiry, fierce competition, mainly

Whether the account period and delivery date and quality are determined are harsh conditions.

Downstream printing and dyeing enterprises business is light, lack of start-up, there is a round off phenomenon.

According to the news, the country is about to arrive.

The plan is planned to be 1 million tons, which varies according to the time of cotton production and the need for two public inspection of cotton reserves.

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Recently, PET production and marketing rebounded to about 200% because of terminal stock preparation, but polyester prices are still falling. The settlement price of PTA and PX for a mainstream comprehensive enterprise is 5175 and 6950 respectively.

The cost of converting PX into PTA is about 5300 yuan / ton. From June 10th to now, the processing cost of PTA has decreased from 434 yuan / ton to 340 yuan / ton. For small devices, such a low processing fee is difficult to continue to run at full capacity. The Fujian Jialong 600 thousand ton PTA plant stopped in June 20th.

PTA dilemma, or continue to shock, short term light warehouse operation.

Sanctions against Iran's oil exports may be postponed and the US crude oil and gasoline stocks are expected to decline. Western Asia's crude oil prices will rise and Asian PX prices will fall slightly.

Domestic PTA operating rate has risen to around 70%.

PTA spot price rose slightly.

The polyester market is stable, some of the discount is narrowed, and the downstream weaving and projectile enterprises need to buy raw materials.

Short term, PTA futures 5000 point integer support strength is strong, the short term is difficult to effectively break down, but with the interim Sinopec 1 million 600 thousand tons of new PX device start-up and seasonal demand peak season for the oil market in the past, PTA price will continue downward under the cost of dragging down.

The load of the PTA plant will rise to around 70% and return to oversupply.

Downstream polyester stocks are rising, losses are increasing, demand is weak, and load will continue to decline. Overall, the cost side is slightly stronger, consumption continues to be weak, PTA supply rises and stocks are abundant, prices will remain weak.

Later concerns whether crude oil can break through the consolidation interval.