China Light Textile City: Knitted Fabric Increased

This week,

In the first half of the year, the part of the pure filament "two rounds" and "four bombs" continued to be sold in batches, but the total sales volume continued to decline in one week; and the new varieties of marketing grew in the second half of the week; among them, the dual-use cloth of the clothing was sold in small and medium quantities with different varieties and dispersivity, and knitted floral weaving and fashion jacquard cloth, embroidered cloth, rotten cloth, water melted cloth, composite cloth, flocking cloth and so on, which were traded repeatedly.

One week is mainly for the second half of the year.

Continue to increase, thus promoting the whole week.

Increase.

The usual market of all kinds of decorative knitted fabrics made of knitted chemical filament yarn (large round knitting weft and plush and warp knitted plush, including some stage fabric and clothing dual-use mesh, Flower knitted, knitted jacquard, embroidered, rotten flowers, water melted cloth, compound, flocking cloth), clothing cloth (including non spandex double shells, some knitted polyester fabric elastic fabric, elastic velvet) and other clothing knitted fabrics, the total sales volume of the week is up compared with last week, which has increased significantly over the same period last year.

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When the concentration of CR4 of an industry is more than 40%, the industry can be defined as an oligopoly industry.

At present, the industry concentration of the top three enterprises in PTA is CR3= (1340+660+615) /4335 * 100%=60.32%.

In the environment of excess capacity, the reduction of output by oligopoly enterprises is often not the rise of product prices, but rather the market share of other enterprises is occupied by other enterprises.

In order to gain more market share, enterprises will adopt the means of reducing prices. Other enterprises will only be passive and fall in price for their own market share.

With the development of vicious competition in competition, oligopoly enterprises are bound to "lose both sides".

At this time, there will be conspiracy among oligarchs, because enterprises realize that they are willing to reach agreement on price competition at a higher level instead of competing fiercely with each other.

In this way, each enterprise can get their own economic benefits at a stable high price level, thereby avoiding losses caused by price competition.

Although the collusion in oligopoly market is widespread, the collusion of oligopoly enterprises is very fragile. Once the price reaches a reasonable position, some enterprises will have the idea of resuming production.

In view of this reason, the limited production and insurance price of PTA enterprises can not change the weakness of PTA prices, only can achieve the role of PTA price rebound, it is difficult to make PTA prices rise for a long time and substantially.

So far, the price of PTA has continued for four and a half years.

There are many reasons for the fall in the price of PTA.

First, from 2009 to 2010, the price of PTA was skyrocketing, and the profits of PTA production enterprises were huge. Under the drive of interests, a large number of PTA capacity was approved. However, due to the release of capacity stampede, PTA production capacity increased significantly, and supply volume soared.

Second, the domestic economic growth slowed down, the foreign economy was also weak, the growth of domestic and foreign demand slowed down, and the growth rate of chemical fiber industry was far lower than that of capacity growth.

Third, in the second half of 2014, international crude oil prices were cut down, and PTA cost collapsed.

Fourthly, the state restores and stores as a direct subsidy, and cotton prices gradually move closer to cotton. The fall in cotton prices has led to a fall in the price of PTA alternatives.

These four factors superimposed, resulting in PTA price from 12000 yuan / ton to the lowest 4450 yuan / ton.