Double Raw Materials Are Down And Polyester Cotton Yarn Enterprises Are In Jail.
After entering May, the price of polyester cotton, pure polyester and pure cotton yarn has dropped sharply, of which pure polyester yarn has the biggest decline, and polyester cotton yarn is the second. Apart from the downward trend of prices, the textile market has entered the off-season early. Long Zhong information analysis, the reason for this price down is mainly due to the sharp reduction in raw material prices and poor demand. Besides, the news is negative to assist in this downward trend.
Product name | Five month Five day | Six month Four day | Ups and downs | Ups and downs | Company |
T 32S | Thirteen thousand and five hundred | Twelve thousand | -1500 | -11.11% | element / ton |
T/C 32S | Seventeen thousand and six hundred | Sixteen thousand seven hundred and fifty | -850 | -4.83% | element / ton |
C 32S | Twenty-three thousand and seven hundred | Twenty-three thousand | -700 | -2.95% | element / ton |
East China polyester and short | Eight thousand five hundred and fifty | Seven thousand and two hundred | -1350 | -15.79% | element / ton |
lint 3128B Xinjiang | Fifteen thousand six hundred and forty-five | Fourteen thousand four hundred and twenty-three | -1222 | -7.81% | element / ton |
Comparing the prices of products and raw materials, it is easy to see that from the beginning of May to the present, the price of the mainstream market in East China is 15.79%, while the lint downward range is 7.2%, so the decline of polyester products is much higher than that of pure cotton products.
As for the polyester staple fiber, as early as late March, the downstream part was ready for stock preparation due to tax reform. After entering April, frequent failure of equipment and PTA repair news attracted buyers to prepare goods one after another. However, under the background of high profit, the maintenance of PTA devices was delayed. The early release of demand has led to a downturn in the production and sales of polyester staple fiber market. After the May 1 holiday, the industry inventory reached a new high in the year. The pressure of shipment also led to a decline in the price of suppliers. The lint spot market at the end of April was clear at the end of the April when the news came out of the national cotton store. The 3128B lint slipped 1222 yuan / ton in May 5th and the main force of zhengmian fell more than 2000 points. In addition to the round of news, the loose supply of lint and the many trade problems to combat market confidence have led to a more pessimistic market atmosphere.
Polyester cotton yarn enterprises are facing a sharp decline in raw material prices. At the same time, the textile export tariff increase makes some parts "aborted", while domestic market demand goes into the off-season. Even if the enterprises reduce the quoted price, it is still difficult to change the price. A large polyester cotton yarn enterprise reflects that due to poor shipment, the stock days of polyester cotton yarn have increased from more than ten days in early May to the current month. Another important concern is that in the market of raw materials and product prices falling, many of the raw materials of high priced raw materials in the early stage of polyester cotton yarn enterprises are trapped in prison.
In the late market forecast, the demand for polyester cotton yarn is not good enough. Even though the number of enterprises stopping production during the wheat harvest and Dragon Boat Festival holidays is obviously increasing or decreasing, it is still difficult to shake the market for the excess demand. The raw lint and polyester staple fiber also have no good news in the near future. Under the obvious downward trend, it is unreasonable to think that the production and high inventory enterprises should keep up with the market and adjust the price.
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