PTA Downstream Weaving Fabric Market, Such As Warm Boiled Water.

Entering the October, the downstream fabric market of PTA is still like a cup of warm boiled water.

Even with the return of the National Day holiday, the raw material market is encouraging, but the downstream weaving industry is hard to get back.

It is understood that under the influence of the macro environment, both domestic and export markets are shrinking at different levels.

For the weak performance of the terminal market, many weaving enterprises believe that the export volume of China's textile and clothing has shrunk, which is also the underlying reason for the reduction of orders during the peak season.

According to customs data, from 1 to August, China's textile and clothing exports totaled US $184 billion 476 million, down 4.61% from the same period last year.

Judging from the situation of each month this year, exports in the first 3 months are still positive growth, and after April, exports have turned to negative growth and the rate of decline has been accelerating gradually, and the overall performance is far worse than the previous two years.

According to the futures Daily reporter, during the National Day holiday, international crude oil prices rose sharply. Under this influence, the price of CFR China PX rose by 7%, and the spot price of PTA also rose nearly 5%.

In addition to the increase of POY or PTA, polyester and short chips increased by 2.5%, FDY and PET bottles increased by 1%, and DTY increased by 0.5%.

Nevertheless, due to the failure of "Kim Gu", the mentality of terminal market is generally cautious.

During the National Day holiday, a lot of weaving and bomb factories were arranged for a holiday. The load of Jiangsu and Zhejiang looms dropped to 62%, a sharp decline of 9 percentage points compared with the first half of September.

Jinyou futures analyst Wei Lin told reporters that although the factory resumed after the holidays, the load has risen to 72%.

But the market does not expect too much of the "silver ten", and most factories are only rigid.

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It is understood that the same period last year

The performance is more active, some manufacturers have oversold products, and manufacturers' demand for raw materials is also growing.

"In the same period last year, polyester has been performing well in 10 and November, driven by demand."

Wu Xiaofen, an analyst with China silk net, said, however, the demand has not yet started this year. Even in the peak season, the intention of storing goods downstream is still not strong. The raw material hoarding cycle of general weaving enterprises is 10 days to half a month, and before 2013, the storage period of raw materials can reach 20 to 30 days in the peak season.

Judging from the current situation in the weaving Market, the frequency of large orders and single orders in the market is less than the same period in previous years.

According to industry sources, this year, whether domestic demand or export orders are mainly small batch and multiple batches, the original product can be placed in the order of more than ten million meters in September, and this year to the end of September only tens of thousands of meters, and the color of up to 20 kinds, the price is also down 10% compared with the same period last year.

But in order to maintain customers, even if profits are diluted, enterprises can only choose to follow up orders.

"Our country

The export volume will show a downward trend. On the one hand, because of the rapid development of textile industry in Southeast Asia in recent years, it has grabbed part of China's market share. On the other hand, some domestic textile production capacity has been pferred to Southeast Asian countries such as Vietnam, while Vietnam's labor cost is much lower than that in China, and enterprises can save a lot of costs.

Hai Rong investment researcher Gao Jianming thinks.

"Under the strong competition of the Southeast Asian market with more cost advantages, the export proportion of the middle and low grade garment fabrics has been significantly reduced, making the foreign trade orders of weaving industry insufficient this year."

Wu Xiaofen said, in addition, the domestic apparel home textile enterprises high inventory, constantly reducing stores, slowing down the purchase speed will further affect the downstream needs of the terminal weaving.