G20 Is Coming To Market. The Traditional Peak Season For Polyester Is Coming.

The 3-5 month is the traditional peak season for polyester. In addition, the G20 summit and environmental protection factors will affect the production and production of polyester factories in the second half of the year. Therefore, the production and utilization rate will be higher in the first half of the year. The high polluting industries such as printing and dyeing will be focused on the rectification. At present, a large quantity of cloth inventory is overloaded in the printing and dyeing links, and the demand for terminal weaving and projectile factories can not be followed up quickly.

Under the condition of continuous production and marketing, the pressure of manufacturers is bigger, and the preferential sales promotion of polyester factories is not reduced, while the cost of raw materials is rising, and manufacturers are in a loss.

Follow up efforts, continue to upgrade

It is unlikely that if the polyester loss continues or the load falls, it will bury the hidden danger.

In the first half of this year, after the normal production of the 500 thousand ton POY polyester filament device of Tung Kun group, the new Feng Ming Group also has a 300 thousand ton polyester filament device with a main production capacity of POY, which is driven in April.

The pressure of POY oversupply is increasing, and profitability is even more limited.

In the first quarter of 2016, there were hundreds of key retail enterprises in China.

Retail sales fell by 5.1% over the same period last year, and the growth rate was 9 percentage points lower than the same period last year.

Among them, the retail sales in March dropped by 3.8% compared to the same period last year, a decrease of 0.7 percentage points from the same month last year.

Exports: in March, China's textile and apparel exports amounted to 16 billion 850 million US dollars, up 34% over the same period last year.

In the first quarter, China's textile and apparel exports totaled 566.3 billion US dollars, down 5.2% compared to the same period last year.

In April, the start-up rate of polyester factories and looms in the lower reaches were at a seasonally high level. The monthly average load of polyester was 84.5%, higher than that of 80% in the same period last year, which was further increased than that of the 3 monthly average operating rate of 77.4%. The load of Jiangsu and Zhejiang textile mills was 77%, lower than that of the same period last year. The PTA load of raw materials was 72.4%, higher than that of last year's 64%.

At present, the DTY inventory of Jiangsu and Zhejiang textile mills is 26 days, POY stocks are 16 days, and FDY stocks are 14 days, which are all higher than that of the same period last year. According to CCF research, the weaving orders in Jiangsu and Zhejiang provinces have weakened.

However, the stock of PTA raw materials in polyester factories remained at a low level for 3.5 days.

The sharp increase in exports in March was mainly due to a low year-on-year base. Exports in the first quarter were still down year-on-year, and exports were still not optimistic.

Domestic textile and garment exports and domestic demand are not optimistic, and the overall pressure on the textile and garment industry is still high.

The volume of light textile city has rebounded seasonally. According to the seasonal situation, the volume of fabric in the textile city will probably fall after the rush in the middle of May, when the weaving plant starts to run down in the middle of 5.

Several big factory overhaul will make PTA still go to stock in May, but with the continuous restart of the device and the arrival of the late polyester and weaving factories at the end of the peak season, the tight supply will tend to ease. The 6 month will return to the stock accumulation situation, and the basic situation will be weakened.