Polyester Filament Hot Market After The Ebb Tide In The New Wave Of Storage Period Waiting For The Opportunity.

The long silence of polyester filament finally broke out last weekend.

Production and sales increased linearly, and some enterprises sold and sold at weekends as high as 300%, 400%, 600%, 750%, 1000%, 1200%, or even 2000%.

The purchasing enthusiasm of the downstream weaving enterprises is soaring. This wave of purchasing climax lasted until Monday. On the trading day, the average production and sale of direct spinning polyester filament in Neijiang and Zhejiang provinces was near 300%, and the individual was up to 1000%.

However, in recent years, the production and sales of polyester market has increased sharply, and the phenomenon of continuous upgrading of polyester has been increasing.

Since the beginning of this year, the sales stream has not been able to last for a long time. As with the last two times, three days after the outbreak of polyester filament production and marketing, the market fears that it will return to the dull again.

The polyester plant has always been so capricious, but this time it also has a certain foundation. Since the same period last year, the price of polyester products has been on a downward trend.

The biggest decline was ethylene glycol, the decline was as high as 41.94%, PX fell 16.45%, POY150D fell 16.18%, the rest of the raw material prices also showed a significant downward trend.

Compared to last April, raw material prices continued to rise, or up to 70%, the polyester raw materials this year has come out of the altar of rising prices, and the current prices are in the low position over the years.

Although the raw materials are acceptable at low prices, the expectations for the decline of polyester raw materials have been in the past. However, since the Hengli petrochemical company was put into operation in March, the weak pattern of PX has been basically determined, and the cost of PTA's support has ceased to exist.

Plus, since the Sino US trade relations once again entered a tense stage in May 13th, the polyester industry chain has been in a relatively depressed state.

In addition, at present, PTA still has a large processing fee, which results in a worse expectation for the whole industry chain.

Therefore, even under the background of low raw material inventory, the operation of the industrial chain is too conservative.

Of course, the answer lies not only in the acceptance of raw material prices, but also in orders for downstream products.

This year, due to the influence of the macro side, weaving terminal products are running in a weak way.

With the deepening of the off-season market, both fabric and bomb market will meet the pressure of rising cost and shrinking demand, and the industrial chain is not enough to eat.

According to the previous questionnaire survey of the platform, 60% of the enterprises in the market are below 5 units, and the risk resistance ability of the small and micro bomb companies is poor, and the high inventory of grey cloth leads to the poor sales of polyester, and the sales of the bomb companies are directly hit.

Upstream raw material prices fell, businesses are buying on demand, stockpiling awareness is weak, affecting the rate of start-up.

It is understood that nearly 6 of the Canadian companies have increased the start-up rate of less than 80%, and the closure of Jiangsu Taicang's bomb companies is relatively serious. Some small and micro bomb factories (3 units and below) have suspended production.

From the perspective of weaving factories, after the purchase and purchase of these days, the sales situation of grey fabric is still difficult to open, and the sales of movable products are few. Especially, conventional fabrics such as polyester and taffy and spring Asian spinning occupy a large market share. The sales of products are more difficult, resulting in the continuous increase of weaving enterprises' inventory. In fact, the recent polyester factory hot selling has already caused raw material inventory to be pferred to the weaving enterprises. At present, it does not seem to have effectively pmitted to the terminal.

The crux of the whole industry chain contradiction lies in the double litre of raw materials and weaving stocks in the weaving factory. After this wave of operation, we believe that the desire to buy raw materials is becoming more and more dull, and the stock of raw materials can no longer be pferred to weaving.

Therefore, it is expected that the situation of stock prices will increase day by day.

On the other hand, the industry chain is now looking forward to the improvement of terminal orders, but the sad news is that according to recent news, the United States has put most of China's output textiles in the 300 billion list, including finished garments.

According to customs data, textile exports amounted to US $190 billion 570 million in 2018 numbering 60-63, of which US $41 billion 580 million was exported to the US, accounting for 21.8%.

According to the US import and export data, the import amount of textile imports from the same number is 36.3%.

As a result, the implementation of the tax increase will have a huge impact on China's textile exports, but it will have a more significant impact on textile consumption in the United States.

It is conceivable that if there is no major sudden good news, the terminal order is still weight-bearing.

But fortunately, after the recent promotion, the average stock of polyester filament dropped by 4-7 days, the promotion efforts of individual enterprises were large, and the inventory dropped for more than ten days, so that the pressure of enterprise inventory was alleviated.

When the polyester factory brew, it will wait for another opportunity in the new wave of storage period.