The Textile Market With Capacity Explosion: They Seized The "Iron Rice Bowl" Of The Jet Market.

In early trading today, the spot price of PTA was lower, and the center of gravity of the MEG market was lower.

On Thursday, international oil prices suffered heavy setbacks. Yesterday, the supply side gradually recovered, and the PTA spot shook down. There was no support for raw materials. With the recovery of profits, the polyester supply side has been restarted, and the terminal has not yet been improved. Therefore, the polyester chip market or partial volatility is expected today.

PTA industry started 96.33%, polyester start-up load 84.04%, Jiangsu and Zhejiang looms comprehensive start 62%.

Price stability today.

Tongxiang direction: another factory in Tongxiang has been reported to be stable by polyester; Tongxiang's mainstream factory has been reported to be stable; and a factory in Huzhou has been reporting stability.

Jiangsu direction: the price of polyester in Jiangsu is stable. A FDY factory in Wujiang is stable and the quantity is maintained. A factory in Taicang has a stable POY of polyester and POY in Taicang.

Shaoxing direction: FDY of a factory in Shaoxing is stable; FDY of another factory in Shaoxing is stable.

Xiaoshan direction: a large factory in Zhejiang today is stable in silk price; DTY in a factory in Zhejiang is stable; DTY in Zhejiang factory is stable; FDY in poly Xing plant is stable; POY in Xiaoshan factory is stable.

Since the beginning of 2017, under the influence of the supply side reform and environmental protection, the textile industry has made more obvious capacity, and the market has entered the "ten year rare encounter" market. Owing to the fact that the supply is less than the demand, the weaving factory's discourse power has obviously been strengthened, and the payment method has also changed from "cash on delivery" to "payment to delivery".

However, this new normal has only lasted for over a year. This year, the scene of weaving in the textile industry is turning rapidly. The cost of raw materials, labor, water and electricity, rent and dyeing has been rising, and the textile industry has entered a meager profit era. The macroeconomic downturn, the Sino US trade is complicated and the terminal consumption is weak. This year's unusual off-season has doubled the pressure on the textile market. Plus the impact of the peripheral capacity, the water spray market is even worse.

What is the market trend this year in the jet market affected by environmental impact and smaller capacity? What kind of situation is it facing?

There are more than 10000 air-jet looms in Shengze market, with a rate of up to 9.

In the past two years, many environmental friendly water treatment factories have been cut down, and the jet market, which is in line with environmental protection standards, has become a "meat and cake"? In fact, for most of the textile bosses shutting down, most of them choose to go to northern Jiangsu, Anhui, Hubei and other regions, and continue to put in the water jet looms. Therefore, in the past two or three years, the new production capacity of Shengze air jet looms is not much.

"After some understanding, there are not many new air-jet looms in the Shengze market this year. It is estimated that about ten thousand plants will increase hundreds of factories." "The main cost of jet looms is higher investment," said Sun manager of Wujiang Asia's jet weaving. "Now the textile owners are more cautious in investing in this market."

It is understood that at present, Xiaoshao, Shengze, Changxin, Changshu and other textile industrial clusters of manufacturers due to high temperature limit production phenomenon is frequent, the rate of decline is more obvious. According to the statistics of sample enterprises in China's silk net monitoring, the loom loom load dropped from 8-9 to 7-8 in the past month, the warp knitting load dropped from 7 to 5-6, and the circulate machine's starting rate dropped from 5-6 to 4-5, but the opening rate of Shengze's jet market remained relatively stable.

"Nowadays, the starting rate of air-jet looms in Shengze market is generally higher than that in the sprinkler market. Most of the manufacturers are basically running at full capacity, and some of them are still at 8-9 of the boot level." Fu Sheng textile bag manager said that in addition to making orders, part of the jet manufacturers will also do market goods to meet the market demand for gray cloth purchase.

T400, T800 and other high elastic products are in short supply and become "rush goods".

This year the textile market seems to have entered the off-season ahead of schedule, coupled with the impact of external production capacity. Spray fabric products are generally not very satisfactory. With the deepening of the off-season market, conventional chemical fiber products are unmarketable, and the mainstream products such as polyester, Taffa, silk and imitation silk are hard to produce and sell, resulting in inventory of grey cloth in a high level of about 43 days.

Affected by the market environment and terminal demand, the jet market products also differentiated this year. "In the first half of the year, the jet market also weakened, although our machine was full, but last month, the stock was overloaded by nearly a million meters. Recently, the market resilient fabric market has improved significantly, especially T400 and high elastic products. Jinkang textile chief Wu talked about the recent hot selling products. "It seems that back to the peak season last year, orders are in short supply, not only the previous backlog of millions of rice storage is emptied, many also need queues and other goods."

Similarly, the main production of all cotton elastic, nylon cotton elastic, four rounds of the new Wu textile, the responsible person, Qi manager also expressed the same feeling, this year's conventional jet products are very common, and there is a certain amount of tired inventory. But in recent years, T400, T800 and other elastic products and cotton interwoven products have been selling well. Some of them even sell goods and become a hot commodity.

The cost of jet fuel is generally high, and purchasing is more cautious.

In recent years, the raw materials of chemical fiber have been skyrocketing and plummeting, making the original waterjet weaving factory with poor profit even more "scared". In the early days, raw materials jumped sharply, and because of the mentality of buying up and not buying, many weaving factories took the opportunity to stock up and increase some stock of raw materials. But before long, the raw material market was going down sharply. Many textile bosses bought raw materials at a high price before, and produced low price grey cloth, so profits were swallowed up. At this point, many manufacturers are more careful to operate, dare not buy raw materials at will. In the same way, do jet weaving manufacturers feel the same way?

"The raw materials of chemical fiber have fluctuated greatly recently, but we are less involved. Jet products mainly produce copper ammonia fabrics, acetate fabrics and rayon fabrics. The raw materials involved are basically copper ammonia, acetic acid and rayon. The prices are not up and down. Some of them are imported raw materials, and the cost is relatively high. Basically, they are normally purchased. Suzhou Xinmin textile manager Li said, "market goods are mainly influenced by the big environment. As for the order goods, we still need to see the raw materials needed by the customers to make the fabrics. Basically, the raw materials are kept in stock for about 20-30 days."

Jiaxing min Hua textile manager said that their jets were mainly cotton or interwoven products. There was a certain difference between the change of cotton prices and the change of chemical fiber. Recently, there is not much raw material stocking, generally maintained in about 15-25 days. On the one hand, they are afraid of storing goods at high positions and compressing their own profits. On the other hand, too much raw materials are stocked and more funds are occupied, which is not conducive to the circulation of enterprises' funds.

Since the end of this year, the demand for terminal has weakened and Sino US trade relations have fluctuated, which has more or less effect on the jet market. But overall, the jet market is less affected by overcapacity and slightly better. If the market improves, it will be more rapid than water jet looms. Follow up is of course still looking forward to whether Jin nine silver ten can work hard, and the textile market that depends on the weather is also expected to drive the textile market in the severe winter. (source: polyester filament, Chinese silk net)