The Lack Of Motivation For Textile Materials Is The Truth Of The Textile Industry Chain.

crude oil

Goldman Sachs analysts said that to reverse the current international crude oil inventories continue to increase significantly, it is estimated that OPEC and Russia and other non OPEC oil producers to cut at least 1 million 300 thousand barrels of crude oil output per day, it is possible to restore global crude oil inventories to five years average.

Abe Sheik de shrank, head of research and strategy at Morgan chase oil market, expects OPEC and Russia and other major oil producing countries to reduce production by 1 million 500 thousand to 1 million 700 thousand barrels, which will help to re tighten the supply of crude oil and rebuild investor confidence.

According to relevant media reports, OPEC and Russia and other non OPEC have not yet reached an agreement, international crude oil prices will not fluctuate in the near future.

In March this year, the Shanghai crude oil futures market was launched to enhance the status of RMB in the world and its regulatory role in crude oil prices, in particular, it wanted to have a positive impact on the Asian crude oil market.

In the present form, the ultimate goal has not been reached.

Production of PX and PTA

In December, a large number of PX devices were restarted in China, according to statistics, roughly 3 million 200 thousand tons.

Therefore, we see that PX processing profit has been compressed gradually, from the beginning of the month to close to 2000 yuan / ton to 1400 yuan / ton.

In the long run, PX is still facing the problem of capacity expansion.

In the 1 quarter of 2019, Hengli Petrochemical's 4 million ton PX plant will be put into trial operation and put into operation.

PX processing profit is expected to continue to decline significantly.

It is still difficult for polyester manufacturers to go to the warehouse.

Judging from the survey, polyester manufacturers are at a low profit level, basically close to the profit and loss line, but the overall operating rate is acceptable.

Manufacturers of large bottle flakes began to have orders for some oil bottle factories, and the supply orders for longer supply have been placed gradually, and the start-up load is at a high level.

At the same time, most of the filament and staple manufacturers are in the state of high load. According to the investigation, some high-end filament products are in stock for less than a week, but the stock pressure of general materials is still obvious. In general, polyester stocks are 18 days high.

The profit of the magazine has recovered from a loss of 300 yuan / ton in September to a profit of 400 yuan / ton, and the rebound in the bomb has returned to normal level. However, it is generally expected that the downstream weaving order is very general, and the purchase is mainly in accordance with the usage, and the amount of stock preparation is at a very low level.

Considering that the Spring Festival will arrive in February this year, the downstream manufacturers will probably have an early vacation. If the production and marketing of polyester products are less than 100%, if the downstream bomb factory is not ready for the festival, then how to remove the stock of the polyester part during the Spring Festival weaving period is still a big problem.

At that time, polyester manufacturers will not have another production boom, we also do not know.

Trade relations between China and the United States eased somewhat, boosting cotton prices but not much.

Spot aspects

On the 4 day, the CotlookA index was 87.80 cents / pound, up 100 points.

On the 4 day, the imported cotton price index FCS class 92.47 cents / pound, rose 89 points; FCM class 88.57 cents / pound, up 86 points; FCL class 85.57 cents / pound, up 88 points.

On the 4 day, ICE cotton fell as a whole.

1812 contract settlement price 78.77 cents / pound, down 14 points; main 1903 contract settlement price 79.81 cents / pound, down 14 points; 1905 contract settlement price 80.95 cents / pound, down 9 points; other contract ups and downs vary.

In March, the contract opened slightly lower. After the opening, the trading center was downloaded because of the lack of favorable support, and the strength of the low point was bought. The market was supported by the high point to 80.38 cents on that day. Under the pressure of profit trading, the downward trend of the trading pressure was not reached.

Walking orders in polyester Market

Changshu polyester market, in from December 2nd to 4th, FDY, DTY most of the various products rose 50-100 yuan / ton.

Recently, the volume of polyester filament has been enlarged and the price is rising.

Flat purchasing power of DTY75D/72F and 120D/192F is acceptable.

At present, polyester raw materials shake upward adjustment state, is expected in the short term polyester filament market will have a rising trend.

The market of the downstream market is flourishing and more or less cautious.

Recently, the opening rate of water jet weaving in Shengze and surrounding areas has picked up slightly. The polyester filament yarn production and sales of polyester factories have been heated recently, and the stock pressure of polyester filament has been reduced, and the price of upstream polyester raw materials has been adjusted upward.

Polyester filament market has a small pull trend.

Recently, bags and fabrics displayed on the market in Shengze are dazzling, colorful and refreshing.

Bags and fabrics are popular.

Some printing and dyeing enterprises have not received too many orders.

Recently, the printing and dyeing industry's green industry upgrading, new technology research and development, printing and dyeing industrial park and other energy-saving and less polluting news constantly, in order to enhance the printing and dyeing industry confidence.

For small and medium-sized enterprises is not a small challenge, this year the textile industry has not seen in previous years, later part of the printing and dyeing enterprises will be eliminated, so that the order is concentrated in the hands of some enterprises.

After the Spring Festival, the printing and dyeing industry will have concentrated production areas.

Development trend of textile industry

All kinds of industrial parks are emerging one after another, and the trend of centralized management is clear, especially in the polluting industries.

The scale intensification brings some opportunities and challenges. Small and medium-sized enterprises are facing the problems of technology upgrading and price competition. In the future development path, they must go through technology, pollution prevention and other expenses.

There will be two major trends in the textile and garment industry in the future: leading companies will pfer low value-added links to Southeast Asia through the export of technology management; the domestic leaders will focus on high value-added links and upgrade to strong R & D and lean management.

As domestic low-cost manufacturing dividends have disappeared, low end production capacity is imperative to Southeast Asia with lower manufacturing costs, preferential tax rates and friendly trade environment.

But at the same time, the leading companies in the country have experienced many years of practice and precipitation, and still have strong competitiveness in leading product research and development, perfect industrial chain matching, lean management mode, rapid supply chain reaction speed and higher personnel quality, which is the key to continuous innovation in the future.

In short, the core of the upgrading of the manufacturing industry is the upgrading of profitability resulting from the continuous upgrading of the product structure under the technological innovation, and the embodiment of the scale cost advantage brought about by the optimization of production capacity at home and abroad, so as to achieve double enhancement of performance and valuation.