Why Is Chemical Fiber Raw Material Price Rising?

Qian Qing, China light textile raw material city

Raw material quotations are a "wind vane" for domestic chemical fiber raw materials. Since late February this year, all kinds of chemical fiber raw materials trading in Qian Qing raw material have been changed continuously. The price is rising continuously, and the volume of trading is obviously enlarged. This makes operators very excited.

Dacron silk price per day

Li Xin is the operator of Qian Qing textile raw material city. He has been engaged in chemical fiber raw material business for many years. In the past two years, because of the market downturn, every time he bought goods, the quantity was not large, and he was more cautious.

But the price trend of chemical fiber in recent half month has made him overjoyed.

"Polyester yarn quotes rise every day, sometimes even at a price in the morning and at a price in the afternoon."

Reporters from the last two weeks Qian Qing

On the market chart of raw materials for chemical fiber raw materials, it was found that in March 9th, the general price of polyester filament in the direct spinning mill of Shaoxing district was about 8350 yuan per ton, which was more than 10% higher than that at the end of February.

Li Xin said that such a rally has been lost for a long time.

In March 10th, the reporter came to Qian Qing raw material city, and Li Xinzheng was busy making phone calls.

Silk production enterprises, ready to enter some raw materials.

He told reporters that many operators in the market are now liberalized and "eat goods".

In the raw material City Foreign Trade Park, an operator told reporters that his inventory was controlled at around 300 tons.

But in recent years, the price of polyester has increased significantly, and the purchasing power of the market has been constantly enlarged. For this reason, since the beginning of March, he has magnified his courage and increased the stock by 60% to more than 500 tons.

"I am mainly in direct contact with chemical fiber weaving enterprises, and their demand is constantly increasing."

The operator explained why he dared to eat goods.

Why is chemical fiber raw material price rising?

"The price of polyester and other light textile raw materials is rising, which is inextricably linked to the trend of international crude oil prices."

Zhang Jingbo, Secretary General of Keqiao chemical fiber Association, said recently that the international crude oil price has rebounded from the "drop and fall". Especially since late February, the price of crude oil per barrel rose from the low price of $30 to March 8th, and has rebounded to $40 a barrel.

The price fluctuation of crude oil has been pmitted to the upstream industry of chemical fiber products, and the prices of a series of products such as PTA have risen.

In addition to the reasons for the rise in costs, most of the chemical fiber enterprises in Shaoxi district have been able to stock up in production since last year. After the start of this year, many chemical fiber weaving enterprises increased their start-up rate and gradually returned to normal production. Therefore, the market demand is further increasing, which leads to a tight pition of the surplus market to the market supply, which undoubtedly promotes the further rise of polyester yarn prices.

Industry insiders said.

Whether chemical fiber enterprises need to wait and see whether the whole industry is getting warmer

"Whether the chemical fiber industry is warming or not depends on the market demand."

Zhang Jingbo believes that this price increase is mainly due to increased costs.

Under the background of serious excess capacity in the chemical fiber industry, the prospects for the recovery of the chemical fiber industry are not yet clear.

In particular, whether the demand rebound will continue after the price rises remains to be seen, because market demand has not yet come back to balance.

Many industry insiders pointed out that at present, chemical fiber enterprises must speed up technological pformation and develop differentiated products if they want to get out of the doldrums of overcapacity.

In this regard, Keqiao has many successful examples.

For example, the products such as sea guide wire produced by Qian Qing's Guyang Road chemical fiber company are popular in the market. Last year, the company paid over 60 million yuan of tax revenue, up 25%.

"Do products that the market does not have and the market needs."

In the four hundred or five hundred ton inventory of the Warburg trading company, which is famous for its special yarn in raw material city, it covers over 900 kinds of special silk products.

"Our company seldom runs polyester filament or even colored silk."

Mr. Lu, a manager, told reporters that those conventional products were greatly influenced by market fluctuations and their profits were thin.

It is product differentiation. This year, the "Warburg commerce" has expanded the storage scale from the current more than 1400 square meter warehouse to more than 4000 square meters.