Upstream And Downstream Promote Fatigue Polyester Filament Or Miss "National Day Quotes"

Saudi Arabia's oil facility was attacked by drones in September 14th and has been considered the biggest black swan event this year.

Oil and chemical products are rising, and the rally is unstoppable. The price of crude oil is considered to be more than 100 yuan per barrel. But in fact, since September 17th, the prices of all kinds of products represented by crude oil have fallen rapidly.

Textile chemical fiber products and petroleum have a deep origin. Most of the auxiliaries needed from the raw materials used in weaving to dyeing and dyeing, and then to finishing, are refined from petroleum. Therefore, crude oil prices played an important role in guiding the price of textile products. By the impact of crude oil fluctuations, the price of PTA rose from about 5100 last week to 5456 in mid week, but finally dropped to about 5150.

Originally, "gold nine silver ten" can also have a wave of rising prices, the result of such a crude oil, two days after two months of market.

Compared with such raw materials, the downstream market is much more calm. The production and sale of filaments only warmed up last weekend and Monday, but then the production and sales in the middle of the week were maintained at around 40%, and there was no imagination to take the goods in a bid to prevent the price of raw materials coming up. On the other hand, the stock of polyester has bottomed out since last week, and the willingness of the terminal to take delivery seems to be getting weaker and weaker.

From the whole market research in Jiangsu and Zhejiang, since September, the load of weaving factories has increased steadily, and most factories have chosen "high start up" operation.

According to statistics, the recent water jet loom start rate has risen to 9 of the vicinity, the round machine boot rate is concentrated in about 6, warp knitting rate is around 7-8, Jiangsu and Zhejiang average operating rate has risen to 8 near. This is mainly due to the weaver manufacturers' expectations for the peak season and the desire to retain workers, thus choosing the same as in previous years, and generally increased the weaving start up rate in September.

But in fact, this year, the market volume of textile production has been concentrated and released, but the demand has not kept up with the time, so that textile manufacturers are facing more and more fierce competition. Some factories with limited production capacity and limited financial strength have had a hard time in this brutal competition.

"Kim Gu" market also did not bring obvious improvement in the market, the market transaction is not eye-catching, fabric products transaction polarization phenomenon, conventional product inventory backlog is more serious. From the inventory point of view, the current mainstream stock in Shengze is about 39 days, and is still at a new high of nearly three years. In the case of inventory accumulation and unclear orders, weaving factories are naturally more calm about raw material procurement, mostly just purchasing, and batch operation is prudent.

The upstream raw material surface cost promotion efforts are insufficient, and the downstream market lacks bulk purchasing power. The polyester filament market may miss the "National Day" market. (source: information, cloth factory)