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    Weekly Pet Review In Changxin Market: Polyester Market Volume Is Now In The Dark.

    2015/8/7 23:46:00 35

    Changxin MarketPolyester MarketVolume.

    Although the downstream market is in the off-season state, polyester factory polyester supply exceeds demand, but the amount of fabric preparation for downstream weaving is lower than that in previous years.

    It is expected that there will be a trend of adjustment of polyester Market in the future.

      

    Polyester Market

    Trading volume is now hidden, but turnover has rebounded compared with last week.

    The price of some FDY fine denier varieties continues to show downward trend, and the price trend of DTY also has a downward trend.

    Judging from the trend of varieties, FDY50D silk and gloss 75D varieties barely move sales, the price is 8200-8400 yuan / ton, 7800-7900 yuan / ton between.

    FDY semi dull 58D, 63D and DTY100D network market volume increased slightly, used for the production of 170T and 190T specifications semi elastic spring sub spinning.

    Semiflow 54D/24

    Semifinished yarn pin

    Volume maintenance momentum sales situation, mainly for the local

    Warp knitting

    On the production of matte, Jin Guangrong and mesh cloth.

    In addition, the DTY100D/144F network silk market moves around, and it produces grey cotton fabrics with DTY75D/72F and spring.

    At present, the market price of polyester staple fiber is consolidated, and the average price in the market is around 6950 yuan / ton.

    Pure polyester yarn 32S and 45s have certain sales volume and price trend adjustment in this market.

    Related links:

    The PTA industry chain became worse after July 8th.

    On the same day, commodity futures fell completely, and PTA futures suffered a drop in price. The price of the whole industry chain also dropped sharply, and the market was worried.

    Subsequently, PTA factory production losses more serious, as of July 29th, PTA manufacturers average loss of 327 yuan per ton.

    The same loss situation makes the market unable to help but think of the limited production and price protection Alliance launched by industry giants last year.

    In fact, since July, rumors about "limited production and insured prices" have been continuously heard.

    In late July, the PTA plant in China seemed to have taken the lead in the re implementation of joint production restriction, and announced its overseas maintenance plan from 8 to September, including the parking inspection plan of Hengli petrochemical, Jiangyin Hon Bang Petrochemical Company and BP Zhuhai and other 7 million tons of capacity.

    Does this mean that the price of the alliance will hit again?

    "Some time ago, there were rumors that Yisheng Petrochemical had a plan to reduce production by 20%. In fact, Yisheng Petrochemical only adjusted production plans according to its own production and operation conditions. At present, there is no joint production reduction plan with its peers."

    A market person close to Yisheng Petrochemical said to the futures Daily reporter.

    Li Hai's deputy general manager, PTA, believes that the trend of the operation of the industry is not decided by one or two enterprises, but more depends on the market.

    Later manufacturers will still insist on high load operation, and when the cash flow is too bad, the factory will repair it spontaneously.

    From a reporter's survey, most PTA factories still rely on the strength of the market to carry out the survival of the fittest with the help of cost production advantages. Because of the higher production costs and the lack of competitive advantage, small factories are more prone to spontaneous shutdown and maintenance under the condition of poor cash flow.

    Therefore, like last year, big factories and small factories followed the large-scale production and price guarantee action.

    "Although the loss is serious, but the major manufacturers have changed the strategy of last year's price limit, that is to use their own scale to keep the market share and squeeze the competitors' living space."

    China Financial Futures analyst Qi Mingzhi said.

    "Compared to last year's Alliance price, in the current PTA factory competition intensified, the industry again limited production insurance price is unlikely, even if there will be less than last year."

    Wang Guangqian, a futures analyst at Soochow, believes that limited production may not be able to protect prices, but cash flows must be guaranteed.

    "In the increasingly fierce competition in the PTA market, relying on cost pricing, the deterioration of PTA cash flow will definitely lead to PTA factory parking inspection."

    "Limited production insurance is not in line with the long-term interests of large enterprises. It may boost the market in a short time, but it is not sustainable."

    Shenyang Wanguo futures analyst Gong Qingbin believes that only through market means to adjust some of the capacity to withdraw, the PTA market will be able to long-term healthy development.


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