The Operation Rate Of Polyester Filament Factory Has Gradually Resumed.

With the reopening of the polymerization spinning device before the Spring Festival, the start up rate of the polyester filament factory has gradually recovered to over 70%. As at the end of the month, the direct spinning unit has been running at full load except for Xinxin and Huaxiang parts. Other devices are running at full capacity. Although the operation rate of the downstream weaving mills has improved, the demand can not be quickly followed up. However, due to the sudden rise of crude oil and polyester raw materials this month, the expected downturn has not appeared. However, the promotion of raw materials can only play a role of "fighting for the fire and saving the fire".

Crude oil and crude oil in March

The price can be divided into 2 stages: 1. Before March 21st, crude oil showed a trend of upward shock. The price of polyester filament rose rapidly after the rapid rise in the beginning of the month. After 2 and March 21st, the price of crude oil decreased and the price of polyester decreased.

Crude oil in April does not have the ability to continue to rush, but there is a possibility and space to fall. The price of PTA can be maintained at a relatively high level because of the influence of plant maintenance. The overall trend of MEG has not changed fundamentally. Due to the expected reduction in production in July after the G20 summit, the polyester plant in the two quarter, especially in the Zhejiang area, is expected to exist.

The possibility of reducing production is small. Therefore, in the April, where the cost is high, how to keep the cash flow and keep up with the rise of polyester factories need to be vigilant.

Although the price of crude oil has gone up 2 times in March, the price of polyester has risen since the second rise of crude oil.

The possibility of further support is further reduced.

And due to the impact of G20 summit and environmental governance factors, at present, a large number of cloth inventory is overloaded in the printing and dyeing link, leading to upward conduction further problems, so the price rise of polyester filament in the second half of this month is weak.