Entering The Traditional "Kim Gu", Does Sino US Trade Friction Have An Impact On The Peak Season?

Since May 10th this year, the United States has increased the tariff rate on goods imported from China for 200 billion US dollars from 10% to 25%. Since then, it has announced that 10% tariffs will be imposed on about 300 billion US dollars imported from China, and two batches will be implemented in September 1st and December 15th this year. In this regard, the State Council Tariff Commission issued two announcements, one is to impose tariffs on imported goods originating in the United States, and two is to decide to impose tariffs on cars and parts originating in the United States. Two

Has entered the traditional "Kim Gu", at this time, Sino US trade friction has any impact on the peak season?

PTA "do not follow suit", still support for the market.

As of 23 August night closing, PTA main 2001 contract ended at 5116 yuan / ton closing, compared with the previous trading day settlement price, a slight increase of 4 yuan / ton, or 0.08%.

This is obviously different from the style of PTA. In general, PTA is very affected by the news. The Sino US trade friction has escalated, but PTA has not taken the "ordinary road". It shows that its downside is limited. On the other hand, "big guys" do not want PTA to fall to the bottom.

Polyester filament is expected to stabilize

The price of PTA will directly affect the price of polyester filament.

Since this year, the end of the raw material can be said to be "sad and wild". Especially polyester POY150D, the current price of 7760 yuan / ton, compared with the same period last year, a decrease of 31.3%. At the same time, polyester DTY and polyester FDY also fell to varying degrees.

If this decline is estimated, the drop space of polyester filament is also limited. In addition to this tense environment, PTA has a rising trend, which has certain support for the price of polyester filament.

At the same time, the market has eased at the recent stage, and there have been some explosion phenomena in some dyeing factories. In addition, the dyeing fees in Zhejiang have also been increased. Generally speaking, only the market has improved, and the dye factories have the bottom gas price increase. The fabric market also has a partial hot phenomenon, especially the elastic fabric turnover has been significantly enlarged, and the hot products are mainly T400 and T800.

At the end of last month, the weaving factories were making up the warehouse operation, and at present, the rate of loom start up has increased, and the market has improved. In the present form, the impact of single news on weaving factories may not be great.

On the news of trade war, the domestic market reaction is rather dull. It is clear that the enthusiasm of investors and capital markets for China and the US concerned is weakened, even though its impact is long-term.

Sino US trade has been going on for more than a year, and its impact on textile enterprises is actually more psychological than the actual situation, and has become used to them. Whether enterprises are exporting or purchasing raw materials, they already have their own set of countermeasures.

This year's textile market has been described as "the worst year" because of the overcapacity. The Sino US trade is no doubt worse than ever, and it has been closed down.