March Polyester Cotton Yarn Market Performance Plain "Silver Four" Worth Looking Forward To?

"Gold three" has ended, the market does not seem to be on schedule, and we look forward to the "Silver Four" has arrived, but "Silver Four" has been delayed until now, when the small peak season is coming, I believe this is the focus of every spinning enterprise.

From the raw material side:

In terms of polyester staple fiber, PTA has remained at a high level since the processing cost in late March. As of April 1st, the processing fee of PTA has reached 1280 yuan / ton.

The enthusiasm of the installation of the plant is relatively high, resulting in a delay in some of the planned maintenance devices.

According to the current stage maintenance plan, it is estimated that 115 thousand and 100 tons of inventory will be achieved in April, the supply pressure of enterprises will be reduced, and the supply and demand will be rebalanced. If the company delays the overhaul of the plant once it is under high profits, it will expect nearly 60 thousand tons of inventory in April.

Therefore, there are many uncertainties in the market. Once the overhaul is aborted, the load fall will not be as good as expected, and whether the negative impact on the market is expected to fail will not be known. Therefore, the polyester staple will be concerned about its own cost side trend. Short staple enterprises will continue to actively sell at a price, and will not lead to the phenomenon.

As for cotton, the lint market in the territory remained stable. The 3128B machine picked cotton was 15600-15750 yuan / ton, and the number of machine picked cotton in the North Xinjiang was not large, especially the excellent index lint was scarce.

The hot spot in the market is centered on West Africa cotton, Brazil cotton and Mexico cotton as the representative of Qingdao cotton.

At present, the market focuses on the progress of Sino US issues and the dynamics of national reserves.

Judging from weaving, at present, the downstream weaving Market is not very popular, but there is still a good atmosphere for arranging the turnover. Many orders are being executed on the hands of manufacturers, and the production enthusiasm is better.

To sum up, the yarn market is neither too hot nor too cold, no matter from the cost side or the demand side.

At present, most polyester cotton yarns in China can maintain the supply of old customers on the basis of a certain profit margin. Though they are not prosperous, they are not very light.

Also, it is important to note that since April 1, 2019, the Ministry of finance of Japan has decided not to grant preferential tariff preferences to China's GSP.

The export market structure of China's textile industry is increasingly diversified, but the proportion of the three traditional markets in the United States, Europe and Japan is still around 40%. The adjustment of this policy will have a more significant impact on China's textile industry, and further increase the export pressure of the textile industry.