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    What Is The Panacea For The End Of The Polyester Market'S Downstream Channel?

    2019/3/18 14:30:00 848

    Polyester MarketPTAMEG

    Whether it is PTA or MEG, the price rises frequently at the beginning of the month. Under the impetus of raw materials, the strong polyester filament will not miss the "draught", and a good play will be staged.

    In the past, with this draught plus the rush of nodes in the busy season, prices will continue to fuel.

    This year, however, this good play has only been maintained in the "three day tour". In the past years, polyester enterprises have not been able to stir up the way of "Wang Po selling melon".

    Where did it go wrong?

    The author thinks that

    The concentrated release of a lot of bad factors in the upstream raw material end is the incentive to stimulate the market.

    Recently, the large-scale refinery project commissioning, new PTA plant commissioning, PX maintenance and other hearsay effects, coupled with the large withdrawal of funds that PTA had pulled up earlier, made polyester raw materials rapidly decline after the sharp rise in early March.

    And the real reason.

    In the downstream market demand, the downstream weaving season in March is expected to drive polyester production and marketing for a short time, while the demand for late orders is not as good as expected. After the "three day tour" market, the price of polyester manufacturers once again stabilizes, and the expected effect of lowering inventory is not obvious.

    Orders are less than expected, raw materials are scrambled up, weaving companies are not buying it!

    Through recent market visits,

    In the middle of March, although there were signs of peak season in the weaving Market, there was no peak season. The production of grey fabric in weaving enterprises is better now, orders can be discharged into mid April, which can maintain stable production everyday. But most of the grey fabrics enterprises react, and product orders are agreed in ten to nine days before the Spring Festival.

    meanwhile

    The goods in the trade market are not very smooth, and the total list is not large. Compared with the same period last year, the quantity is far from the same.

    It is understood that the market now

    Imitation silk, nylon spinning, high density polyester taffeta, extinction card and other products are selling well.

    Recently, the average cost of nylon fabric has increased by 0.1 yuan per meter, and the series of simulated silk fabrics has risen by 0.1-0.2 yuan / meter.

    And, by comparison,

    Some fabrics are relatively weak, such as four side shells and some spring subspun fabrics.

    In addition, after last year's raw materials, labor and other factors rose year after year, the price of grey cloth has been squeezed.

    Today, the average sprinkler platform rate is only 40 yuan / day, which is far from the super profit in the first half of last year.

    In general,

    At present, the market is not as good as expected, the products are highly polarized, and the market goods are not flourishing, so it is difficult to drive the whole market.

    Plus the lack of profits, the factory is also selective, so the whole market is still stable.

    In the peak season, the market is stable and the inventory of raw materials in production is maintained. We can imagine that the raw materials are also more sober, and the procurement has become prudent.

    But the polyester enterprise "Wang Po sells melon" type to stir up, causes the downstream crazy to hoard goods the way has not been able to pass, our weaving Market to the raw material information light to what extent, the author thinks,

    Buying raw materials from upstream raw materials is no longer a panacea for the end of the polyester market.

    The era of picking up prices by a conference or a few pieces of information has passed. "Once bitten by a snake, ten years shy of a well string", the situation in the second half of last year is very vivid. The weaving factory is once caught in the middle school, and will be caught next time?

    Is the dye charge up because the downstream order is good?

    Do you know the truth?

    Yesterday, there was news that the dye fees began to show signs of rising everywhere, but is the downstream demand really good?

    from

    The price of water, electricity, labor and dye and the intensity of environmental protection are the key factors for the rise of dye consumption, but little impetus to actual demand.

    According to the survey,

    At present, the printing and dyeing Market in Shengze and Ping Wang is still at a stable stage. The delivery period is generally 10-15 days, and there is no "hot" situation. Some printing and dyeing factories are not yet full.

    The production workshop is also running at full capacity.

    It can only be said that "the peak season has not yet been prosperous!"

    Under the macro negative circumstances, we will wait for the market to return to good conditions.

    Now

    Polyester polyester factory inventory in 20-27 days, and returned to the high point.

    At the same time, polyester market prices want to rebound, we must have good support for upstream raw material market.

    However, at present, the international crude oil is weak, the peripheral bulk environment is weak, and the PX market is under pressure. The cost of raw material PTA market is weak. In the short term, the raw material market is hard to get a strong trend.

    meanwhile

    Downstream is still in the inventory digestion cycle, coupled with the impact of buying up or not, the support of rigid demand is not strong.

    At the same time, the profit and price trends of polyester products are almost the same in the near future. The price of PTA and MEG double drives the profit of polyester products to rise rapidly. When the profit margin is maintained and polyester goes out of stock, polyester manufacturers will increase their price promotion efforts in the short term to boost production and sales.

    Later, we should focus on the direction of raw materials and the warmer orders.

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