In October, The Market Of Polyester Yarn In China Increased As A Whole.
In October, the overall market of polyester yarn increased significantly, and the favorable factors superimposed, and prices went up all the way, hitting the highest level in the year.
After the G20 summit, especially in Jiangsu, Zhejiang and Shanghai, printing and dyeing and garment enterprises resumed production. Gray cloth had demand and outlet, but also promoted the sale of yarn and thread.
And at the end of 9, many textile enterprises have cleared up the goods, and the production is in good order.
In terms of output, according to the statistics of National Bureau of statistics, the output of Chinese yarn was 3 million 754 thousand tons in September, an increase of 4.5% over the same period last year.
The market is expanding, laying a solid foundation for the arrival of "silver ten".
From the market point of view, as of 31 days, the mainstream price of 32S pure polyester yarn in Shaoxing Qian Qing area was quoted at 11950 yuan / ton, compared with the beginning of the month, the price was raised by 450 yuan / ton, and the sales volume was still acceptable.
The price of 32S pure polyester and polyester yarn in Hutang District of Jiangsu is around 11800 yuan / ton, up 400 yuan / ton earlier than the beginning of the month.
Shandong Changyi market, the original white quality of the big offer in 13500-13800 yuan / ton short distance to deliver.
From the manufacturer's quotation, a factory in Weifang is up to now.
Price
As the market goes up, the price of 32S pure polyester yarn is 14300 yuan / ton, up 500 yuan / ton compared with the beginning of the month.
The price of a factory in Pujiang was reduced by 100 yuan / ton, and manufacturers said that the market competition was too intense and sales volume was not optimistic.
On the upstream side, the price of the polyester market is upwards, supported by good turnover and low inventory.
Polyester and short Market
Supported by raw materials PTA, the overall atmosphere is upward, and manufacturers' quotations have been raised.
As of 31 days, 1.4D*38mm's PET staple market was quoted at 7236 yuan / ton, up 4.91% from the beginning of the month, up 4.03% compared with the same period last year.
Specifically, the Zhejiang 1.4D direct spinning polyester short mainstream newspaper 7100 yuan -7400 yuan / ton factory, compared with the beginning of the month increased by 250 yuan / ton, the amount can be preferential.
Fujian 1.4D direct spinning polyester short mainstream newspaper 7100-7250 yuan / ton short delivery, compared with the beginning of the month to increase 200 yuan / ton, about a single negotiable.
At the end of the month, the market for polyester products was stable and the price of polyester and short market tended to be gentle.
The resistance of the high and low price in the short and short market is large, and the difference between the high and low prices is gradually shortened.
Downstream, cloth factory started to maintain an overall level of maintenance, averaging about 65%-70%, winter fabric orders began to appear, orders improved earlier.
However, the medium and long term orders are still lacking, and manufacturers are cautious about the lack of information in the future market.
Polyester yarn keeps up with the October textile boom and prices go up all the way.
But because of the general market trade atmosphere, the price increase has also led many manufacturers to enter the business bottleneck. They have indicated that the polyester yarn market is not as good as before, and confidence in the market is slightly less.
And the upstream and downstream support is not stable enough. The price of polyester and short market has already dropped.
Textile market
As a whole, it has entered the fourth quarter off-season. It is expected that polyester yarn will be difficult to rise and fall easily in November.
- Related reading
October Review: The Price Of The Cotton Yarn Market First Stabilized And Then Fell.
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