Is Silver Ten Prosperous Or Desirable? Overcapacity In Textile Industry Is Still Outstanding.
In late October, the whole fabric market showed signs of warmer. In the market, the autumn and winter fabrics were enlarged and orders were ordered in spring and summer. Some shipments of gray fabrics were better than before. The market seemed to seize the tail of "silver ten" and began to act. However, in the upstream raw material end, PTA fell below 5000 points, MEG at 4500 points low, and polyester filament fell into a stalemate of around 200 yuan. The market as a whole presents a "cold and hot" state, which is relatively rare.
Raw materials in the peak season have been dropping, and overcapacity is spreading to the upper reaches.
For the raw material market, this year's "golden nine silver ten" has been yellow, and the downstream centralized stocking operation has not yet appeared. Even if the polyester filament is sold at a low price, it will appear for over 1-2 days in a short time. After all, production and marketing is not going to be done, and tired inventory is also inevitable.


From the trend chart of polyester filament in recent years, this year's polyester filament price can be said to have dropped to the bottom, of which FDY150D quoted price is 7300 yuan / ton, POY150D quoted price is 7035 yuan / ton, DTY150D quoted price is 8750 yuan / ton, compared with the beginning of the year, the price dropped 18.44%, 13.68%, 12.5% respectively.
Once upon a time, the price of polyester filament in 9 and October has been rising. In addition to the strong market mentality of raw materials such as the downstream bomb and weaving Market in the peak season, the upstream polyester products such as PTA are strong, but at present, PTA futures have been falling all the time. It is also an important position that has fallen 5000 points in mid October. In the four quarter, PTA will also face the commissioning of the new device. Once the PTA device with the total capacity of 4 million 700 thousand new tons has started to go into operation, PTA will become oversupply, and the pattern of overcapacity will gradually spread upward, making the current polyester filament become more fragile after losing the strong support of the upstream cost.
The raw material industry chain has been down and down, and it has also been suppressed by the demand for raw materials from downstream manufacturers. At the end of September, most of the raw materials of weaving factories were stored in raw materials for about 10-15 days. Recently, many manufacturers said that the factory only hoarding raw materials for a week or so. With the continued spread of the overcapacity of the entire industrial chain, many market participants have defined this year's "boom" season as the "Hope" season, and the market orders are out of date. The pressure on factory inventory is not decreasing, and the lack of market confidence has also led to the difficulty of starting the market.
It is hard to shake up the dilemma of grey storage market.
At present, we have always used the "double high" to define the present weaving Market: high capacity, high inventory, good market existence, but it is not optimistic relative to the production and marketing level in the traditional peak season. According to the monitoring data of China silk net, the inventory of grey fabric in Shengze has dropped from 40 days to 39 days, and the inventory speed is very slow.

According to the survey, we know that at present the market is in a state of rising and falling prices. Many of the cloth owners who imitate silk have indicated that they have received several orders of tens of thousands of meters. Before the factory, the regular products actually went away, but the price was lower than before. At present, the price of 75D Chiffon has dropped below 3 yuan mark, compared with the price of 3.80 yuan / M last year, the price has dropped by at least 20%. In addition, 190T and 210T taff, which can be used in Dan Bu, have recently been reduced by temperatures and shipments have improved, but prices are lingering low. "Now our 190T polyester taffeta is less than 9 gross one meter, and the price has dropped by nearly 5, but the order is a bit better than before." Shen, a boss of Dan Bu, said, "at present, the price of raw materials has been falling, and customers have been lowering prices, so there is no special improvement in profits."
At present, the overcapacity of conventional products in the market is still quite obvious. With a boss in North Jiangsu Province, the inventory can not be lowered if it is not started. Though cruel, it is also true. Even though the market is showing signs of improvement, the stock base of the previous period is large, resulting in many manufacturers' inventory remaining at a high level of about 2 months.
Less than 70 days from 2019, the next market is unlucky.
In the market of 2019, most of the textile people felt that they were in trouble. At present, though there are signs of improvement in the market, it is known from the enterprises that the continuity of orders is still general. The turnover of most enterprises this year is significantly reduced. A textile boss in Hebei said that last year the company had a turnover of 7000-8000, and this year only 3000-4000 yuan has been left.
Lack of confidence in the market, even if those orders have been received by the end of the textile boss also believes that the next market is difficult to rebound, will still be so temperate. After all, this year is the third year of environmental protection in textile industry. The transfer of production capacity has not yet been pushed down. Many textile enterprises are still looking for the right low cost production base to expand the scale, and the market capacity is still rising. If the terminal demand does not keep pace with each other, fierce competition can not be avoided. For those products with brands, differences and high added value, they will stand firm in the competition, and the textile enterprises in the future will enter the "stronger" situation.
- Related reading
- Company news | 從“一滴油”到“一匹布”,告訴你恒力集團全產業鏈運營的秘訣
- News Republic | Coach再次入住天貓商城,你看到了嗎?
- Instant news | Ruyi Group'S Net Profit In The Three Quarter Decreased By 20 Million 340 Thousand Compared To The Same Period Last Year, 36.37%
- Instant news | Start The Brand And Reshape Jordan Sports: Can You Tear Off The "Shanzhai" Label?
- Domestic data | In The First Three Quarters Of 2019, The Total Retail Sales Of Shoes And Hats And Garments Reached 947 Billion 900 Million Yuan, An Increase Of 3.3% Over The Same Period Last Year.
- financial news | Aberdeen Standard Investment Yao Hongyao: Now Is A Good Time To Invest In A Shares.
- financial news | Reorganizing The New Rules To Revitalize The Stock Market And Actively Invigorate Investment Banks To "Live"
- financial news | Also See The "Non Standardized" Solution Of Public Debt: "16 Yihua 01" 1 Billion 175 Million Sold The Capital Transfer Payment.
- Expert commentary | The Butterfly Effect Shows That The Price Of Drugs Has Dropped Significantly, The Sales Team Has Been Dissolved, And The Industrial Structure Has Been Remodeled.
- Expert commentary | Before September This Year, Wind Power Generation Increased By 9% Over The Same Period. "Parity Online" Spawned A New Era Of Wind Power Generation.
- Wenzhou Market Supervision Bureau Sampling 11 Batches Of Adult Clothing 3 Batches Of Unqualified
- HBC, A Department Store Operator, Was Offered $1 Billion 500 Million By The Consortium Led By The Chairman.
- Skech And CONVERSE Patent Infringement Case "Three Trial" Drop Hammer: Si Cage Wins Lawsuit
- MAD Paris Build Rolex Datejust 31 Sapphire Custom Watches, Full Of Moat
- From "A Drop Of Oil" To "A Cloth", Tell You The Secret Of Hengli Group'S Whole Industry Chain Operation.
- Coach Is In Tmall Mall Again. Do You See It?
- Ruyi Group'S Net Profit In The Three Quarter Decreased By 20 Million 340 Thousand Compared To The Same Period Last Year, 36.37%
- Start The Brand And Reshape Jordan Sports: Can You Tear Off The "Shanzhai" Label?
- In The First Three Quarters Of 2019, The Total Retail Sales Of Shoes And Hats And Garments Reached 947 Billion 900 Million Yuan, An Increase Of 3.3% Over The Same Period Last Year.
- Aberdeen Standard Investment Yao Hongyao: Now Is A Good Time To Invest In A Shares.