Pet Factory New Year Reduction Plan Announced Ahead Of Time, Can Stimulate The Weaving Stock Market?

The time for 2020 is still in January. For the textile industry, the market has started to ferment in the recent stage. In the past few years, some textile manufacturers began to yell off when they saw increasing inventories and continuous losses, and polyester factories also announced the new year's reduction plan for polyester factories.

According to the current maintenance plan of the device, polyester repair is increasing this week, especially in late December to January, the polyester plant has a large area maintenance plan. Xiaobian found that in recent years, part of the filament factory maintenance time point found that in previous years, polyester factories generally began to overhaul after the end of December. Compared with the same period in previous years, this year's early exposure of maintenance plan, this is really a rare thing!

In the current situation of polyester market, the polyester factory repair node has not come yet. Why does the pet factory release the device overhaul in advance? What kind of abacus do they play?

1, due to raw materials and terminal performance, the initial polyester load gradually weakened and postponed.

At present, based on the current market situation, polyester factories do have the necessity of reducing production. In recent months, the production and marketing of polyester factories has maintained a low level of below 100 for a long time, which has led to the trend of stock keeping in polyester factories unchanged. However, at the end of the year, the pressure of stock in the polyester plant is equal to the pressure of funds, which will inevitably require further inventory to return funds. However, in recent years, polyester products, except polyester chips and polyester filament FDY, are in a state of loss. PET bottles, polyester filament POY and polyester filament DTY are all in a state of profitability.

This is mainly due to the sharp fall in the price of PTA in the early stage. For polyester, its production efficiency has been improved under the cost of raw materials. Therefore, the phenomenon of gradual weakening of polyester load has not occurred since late October. The expected increase in polyester repair in late October was delayed due to raw materials and terminal performance. Although the crude oil rebounded earlier, the shipment of each product was better, but downstream demand was limited, and production and sales dropped rapidly.

It is not feasible to sell stocks blindly, so polyester factories hope to reduce the production price and promote the sale of polyester filament, so as to achieve the purpose of stock.

2. The decline of loom load will lead to a decrease in load of polyester plant.

The stock of terminal grey fabric has accumulated slightly. Loom load began to weaken in December, and polyester upward negative feedback is expected to start gradually. As of November 25th, the inventory of grey cloth in Shengze area was 38.5 days, which means that the terminal had been slowly gone to the warehouse. Generally speaking, the terminal is currently making Christmas orders abroad, but in December, with the gradual reduction of orders, the load of Jiangsu and Zhejiang looms is expected to begin to decline. The drop in loom load will lead to a decrease in the load of polyester plant.

Can polyester factory repair stimulate the weaving stock tide?

Xiaobian looked back at the contents of the whole plan, and understood that it was nothing more than an idea: the production plan was coming out, and the market will not fall behind. So stock up, or else it will be too late!

For weaving enterprises, raw material prices account for a large part of the cost of products, which is one of the most important factors that affect the price and profit of grey fabrics. Therefore, textile people will be extremely sensitive to changes in the prices of raw materials. The weaving Market is also a convention. Every year before the New Year holidays, a batch of raw materials should be stored for production.

But this year this situation may be different from the previous two years. At present, the upper and lower reaches do not have a very good environment. The demand for terminal is insufficient this year, the price of raw materials and grey fabrics has been falling, and the inventory of conventional products in the weaving Market is "breaking through the horizon", and more importantly, the capital chain is very tight.

This situation has made the market lose confidence in polyester raw materials. Nowadays, the raw material purchasing strategies of weaving enterprises are all bought and used. The purchase cycle is basically reduced to less than a week, and the price of raw materials will drop again after buying raw materials. In addition, the market will further see the price of polyester raw materials in the future. It can be said that in past years, the influence of polyester factory overhaul on stimulating weaving and stocking tide is becoming weaker and weaker.

In addition, there are too many variables in the production reduction. Therefore, the pet factory releases information early, and it has a suspicion of chicken blood in the market. In the later stage, it is also necessary to see the specific implementation of the reduction of the polyester plant. (source: Founder metaphase, network)