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    Where Is The Trend Of Pure Polyester Market In Traditional Off-Season?

    2019/5/31 18:07:00 8516

    Pure Polyester Yarn Market Trend

    Entering in May, the price of PX was lowered by the negative impact of the macro side. In addition, the production and marketing of polyester factories were slack, and the PTA market fell sharply. At the beginning of the month, although PTA was still strong under the support of big factory repo spot, the decline of pet staple was slow, and some enterprises began to implement the production reduction operation by the slight profit and high inventory. PTA's decline in polyester production and processing costs has begun to expand, and the decline in PET staple market has begun to expand. Recently, the price of PX has been affected by the rising price of pet. The price of pet products has been warmer and the price of PTA has been supported. However, the performance of the downstream polyester products is still cautious. Polyester production and sales are showing no signs of continuous improvement. The polyester staple fiber market is slow to stock up. At present, the average stock of polyester staple is still about half a month. In addition, the purchasing strength of the mill is also relatively limited under the background of its own high inventory, and the market price drag is larger. In the short term, the short and short suppliers are still taking advantage of the situation, and the price is short of rebound power. But after mid

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    The economic environment is depressed, and the supply of grey fabric market tends to be saturated. The loom start up rate has generally fallen by 3-4. At present, the comprehensive loom rate of looms in China is 66.78%, which is 7.4% lower than that of last month, of which the comprehensive starting rate of air-jet looms is 83%, the rate of starting up of the looms is down 7%, the average opening rate of water looms is 77.33%, and the rate of starting up of the last month has dropped by 12.7%, of which, the opening rate of water looms in Wujiang is 72.6%. Most of the finished products inventory is in 48-65 days, and a few grey cloth stocks are up to 80-90 days. This week, the overall starting rate of loom looms dropped to a low level near 40%, which is 8% lower than that of the previous month, and the difference of the overall starting rate of the circular machine is still very large. With the influx of gray cloth in central and southern China, oversupply of the market has led to the continuous compression of cash flow of textile enterprises, which is on the brink of loss. Some small factories are forced to close down. In addition, the tariff rate on goods imported from China is increased from 10% to 25%, which continues to be a bad market for foreign trade orders. In particular, it will force American buyers to transfer orders to Southeast Asia and other places. Traders are cautious about purchasing 200 billion. According to past practice, weaving will gradually enter the off-season after May. The shortage of overall orders and the higher inventory of finished products will be the common market of pure polyester yarn.


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    In conclusion, the market price of pure polyester yarn has been declining for a long time due to the larger drag force and the demand side. At present, pure polyester yarn has a large inventory pressure, especially in most areas under the shipment. This month, the total reduction of the offer is 1000-1200. However, the downstream continues to be weak, which is mostly based on a single strategy and low price. At present, the T32S mainstream talks in Changle area focus on 12000-12300 and offer slightly higher than 12500. In Jinzhou, the knitting and weaving dual purpose pure polyester yarn T32S (large) does not contain tax mainstream negotiation price is concentrated between 11300-11500; in Xiaoshao area, the T21S of the ring spinning T21S has a factory price quoted at 11700-11900; and the industrial output tax of the industrial area in China is concentrated at 11700-11800. The lower purchasing power is insufficient, resulting in a limited price relief effect on orders and inventory. The average stock of yarn enterprises is 21 days. For the June market expectations, the industry is more pessimistic. However, considering that the recent PTA processing fee has been reduced to more than 800, and the polyester staple fiber space has been reduced to less than 150, most polyester staple enterprises have been losing money, and some even intend to expand production. So there is a certain support at the bottom of the raw material market. However, the downstream demand is still weak, and the resistance of the raw material market is still weak. The resistance of the raw material market is relatively large. It is expected that the market will be stable or stable in the near future, and the downward trend will continue in June. (unit: yuan / ton)

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    Grey Stock Pressure Is High, The Future Market Is Uncertain.

    This year's textile market is lighter than in the past two years. Polyester can not be sold, grey cloth can not be sold, fabrics can not be sold, and even clothes can not be sold.

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