Polyester Filament Production And Sales Over 1000% Follow-Up Market Or Difficult To Continue

Last weekend, the overall production and sales of polyester filament in Jiangsu and Zhejiang provinces rose significantly. The two day average production and sales estimate was around 240%, and some of the better production and sales reached 400%, 600% or even 1000%.

On the 27 day, the production and sales of polyester filament in Jiangsu and Zhejiang provinces continued to improve. The average daily production and sales were estimated to be slightly above 300%, and some of the better production and sales reached 400%, 500% or even 700%.

In addition, it is reported that leading enterprises on the 27 day of the sale of civilian silk sales broken 2 hundred million!

Sales break 200 million, production and sales exceed 1000%.

Yes, that's the sales of so much polyester filament.

One stone stirred up thousands of waves, and the production and sale of polyester filament were detonated. Every product of polyester industry chain was not to be outdone. It aroused a wave of industrial chain "rising and rising" Carnival PARTY!

Soaring 2.1%, and international oil prices are heating up!

The crude oil market suffered heavy losses in the previous stage, the biggest weekly decline since last week.

Last week, the main contract of NYMEX crude oil futures fell below 60 U.S. dollars / barrel to 59 U.S. dollars / barrel; Brent crude oil futures contract once fell to 67 U. S. dollars / barrel; China's crude oil futures 1907 contract has also hit a new low of 463.6 yuan / barrel since the beginning of April, as of last Friday's closing, three weeks respectively decreased 6.16%, 4.03%, 7.3%.

Just as the market is losing its grip on crude oil, we are caught off guard. On the 27 day, the international oil price is heating up.

On the same day, New York crude oil futures exceeded 1% in July, refreshing the day to 59.26 dollars / barrel; Brent July crude oil futures rose 1.42 US dollars, or 2.067%, at 70.11 US dollars / barrel, breaking 69 and 70 U. S. dollars two way integer pass; Brent crude oil futures in August, the largest increase in 2.1%, the refreshing day to 68.86 U. S. dollars / barrel.

Up 2.26%, PTA futures go higher and higher!

The polyester filament market has three consecutive days of high production and marketing status, which is intuitive for PTA futures market.

Under the stimulation of the overall production and sales of polyester, 27 days continued to be depressed for many days, and PTA futures opened up more than 2% at the opening day. The main contract ended at 5436 yuan / ton on the same day, which rose by 120 yuan / ton, or 2.26%, compared with the settlement price of the previous trading day.

In recent months, 1907 contracts closed 5542 up 2.74%.

On the 28 day, PTA futures continued to go up and down. The 1909 contract ended at 5448 yuan / ton, up 56 yuan / ton compared with the settlement price of the previous trading day, or 1.04%.

As for the spot market, the price of PTA spot has dropped by nearly 1000 yuan since the PTA factory suspended the spot purchase.

In recent days, with the help of good futures and good equipment maintenance, there have been signs of a rebound.

It is reported that Chongqing's 900 thousand tons / year PTA plant began to overhaul in May 26th, plans to overhaul for 10-15 days, and Fu Hai Chuang 4 million 500 thousand tons / year PTA plant is scheduled to be overhauled in July.

Down, down and down, the stock of polyester filament has finally dropped.

Not long ago, along with the production and sale of polyester filament, the most common problem for polyester manufacturers was stock pressure. The high inventory in mid May was almost equivalent to the high storage level during the Spring Festival.

In this "red May" which has no inventory pressure, such a high inventory is really pressure for polyester manufacturers.

Fortunately, the high storage pressure of polyester factories has been relieved and rapidly declined under the continuous high yield of continuous production for many days.

From the statistics of China silk net, the overall stock of polyester market has dropped to 14-22 days. In terms of specific products, POY stocks are concentrated in 6-11 days, FDY stocks are reduced to 13-18 days, while DTY stocks are about 21-27 days.

In the final analysis, the production and sale of this polyester filament has benefited from the needs of weaving manufacturers.

On the one hand, it belongs to the rigid demand procurement of weaving factories. Now the raw material inventory of weaving factories is relatively low, which is a great influence factor.

In the past more than a month, because the price of raw materials has been in a slow downward trend, the downstream weaving factories are generally cautious about raw material procurement, and their enthusiasm for stock preparation is not high. Most of them are purchased on demand, most of which are purchased according to their own production, and there is no stockpile plan.

However, nowadays, the overall opening rate of weaving Market is mostly around 7-8%. Weaving factories are more likely to meet the needs of raw materials or consume raw materials. There will be certain procurement needs near the end of the month.

On the other hand, the price of polyester is in the low position during the year, which has aroused the low purchasing enthusiasm of weaving factories.

According to the sample enterprises tracked by China silk net, the raw material inventory of weaving factories is relatively low at present, and the average fall to 7-10 days or so, which has dropped by nearly 10 days. According to convention, the general weaving mills will store 10-15 days of raw material stock for turnover.

The price of raw materials has risen suddenly. Driven by the mentality of buying or selling, the downstream weaving factories will replenish some of their raw materials more or less to drive the purchasing enthusiasm.

Although after this big wave volume, the stock pressure of polyester manufacturers has been greatly relieved, so that they can easily "unload", but for polyester industry chain, the problems still need to be faced are still there.

First of all, it is natural that the terminal demand is not performing well, and the sales of weaving factories are not very satisfactory. The turnover has led to an increase in stocks. According to statistics, the inventory of grey fabrics in Shengze has risen to about 40 days.

Second, whether it is the opening rate of the weaving Market or the device load of the polyester manufacturer, it is more or less faced with a decrease in different degrees, and the rigid demand for polyester or PTA is correspondingly reduced.

For polyester manufacturers, it is still difficult to continue to wander around the profit and loss line, production and marketing is difficult to continue, and demand pmission is not smooth.