Changshu Pet Week Review (9-15 October)

This week (October 9-15), the upstream raw material price shocks intensified, affected by the decline of crude oil futures, PTA and MEG showed a weak trend. The overall trading atmosphere in the polyester market decreased significantly, but the basic demand for downstream weaving was still there. The total turnover in the market fell slightly last week, and the production and sales of polyester spinning factories were far from high.

Because of the supply of polyester products, the price range of polyester products is larger than the upstream raw materials, and many varieties are still on the loss surface.

Judging from the trend of upstream and downstream, although the downstream market is in the peak season in October, the opening rate of large circular knitting machines and warp knitting machines in the lower reaches is at a high level in the year. However, crude oil is falling down, and the trend of polymerization raw materials is downward. Downstream weaving and purchasing of polyester businesses are mainly real-time operations, resulting in polyester stocks rising daily.

As far as Changshu market is concerned, there is a downward trend in polyester market price next week.

Judging from the variety of pactions, FDY75D has large market sales of light silk in general.

Temporarily stable, its market center quoted price is between 7400-7600 yuan / ton; DTY75D/72F (net) market also has small batch purchase, mainly digest on warp knitting machine.

DTY market 75D/144F market volume is still available, the main production

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DTY100D (package color) silk price is weak, and the turnover is not large; the volume of DTY silk trading is also decreasing, and the price trend is chaotic.

Semi dull DTY150D/144F has low purchasing power, and the quotation is stable at the moment.

Current market

The central mainstream price 50D/24F is 8000-8200 yuan / ton, 68D/24F is 7800-8000 yuan / ton, 75D/36F is 7600-7700 yuan / ton, 150D/96F is 7100-7200 yuan / ton, at present, the knitting machine is still cautious in purchasing FDY120D/96F and 150D/96F.

50/50 trading volume of polyester / polyester composite yarn has been enlarged slightly. The products are mainly used for production of crystal velvet fabric. In addition, because of the stable production of velvet series fabrics, the purchase quantity of 80/20 polyester cotton yarn is cautious in this market, and the focus of polyester cotton yarn price is weak.

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Viscose staple fiber has experienced 3 years of low-lying, deep loss of industry background, the new capacity gradually diminishing, the concentration of productivity has been greatly improved, the differential rate of manufacturers has increased year by year, and some high-quality resources have been integrated and improved.

Viscose enterprises are no longer an oversupply situation in the early years, and their supply and demand relationship has been improved significantly.

In terms of macroeconomic policy, the depreciation of the RMB exchange rate is undoubtedly more conducive to promoting exports. The establishment of sub investment banks, in addition to restraining TPP and TTIP, also provides a strong guarantee for the whole area.

China's economic belt is involved in the Asia Pacific Economic Circle and the European economic circle.

With the implementation of the belt and road, some industries with high quality surplus will be pferred to some countries and regions, and will be reasonably valued.

Xinjiang or directly benefited, the export volume of Xinjiang manufacturers should be expected after the completion of the China Pakistan railway and so on. At the same time, the domestic supply and demand should be optimized.

In recent years, the large-scale input and construction of viscose cotton textile industry in Xinjiang also reflects its strategic layout.

A number of Listed Companies in the industry have substantially corrected their business budgets. The same counter attack this year has surprised most people.

In the face of extremely symmetrical information and highly pparent information, the pulp can be analyzed from wood chips to cotton yarn all the same, just like this year's stock market, this year's Viscose market, traditional K-line chart, traditional supply and demand structure, start-up inventory, sticky cotton price difference and other analytical methods are hard to find enough.

After many events, we can boil down to the causes.

The starting point of viscose staple fiber's sharp rise this year is the parking of 2 viscose enterprises in Xinjiang. After that, it was promoted by pulp, chemical excipients, depreciation of RMB, and centralized maintenance of viscose factory during the parade.

In the traditional textile off-season, viscose staple fiber load recovery, viscose staple fiber price higher than cotton, downstream cotton mill demand pfer and other heavy losses, the price is just sideways finishing.