The Price Of Polyester Filament Increased By 50-200 Yuan / Ton, But The Outlook For The Upper And Lower Reaches Was Not Optimistic.

On the 11 day, the trading atmosphere of polyester filament Market in Jiangsu and Zhejiang provinces was improved, and some manufacturers concentrated on volume. According to statistics, the production and sales of polyester mainstream plants rose significantly near 160%-180%, and the individual production and sales reached 360% and 400% respectively.

On the 12 day, the production and sale of polyester products dropped slightly, but remained at around 8.

On the price side, on the 12 th, a large factory in Tongxiang rose 100-200 yuan / ton polyester, and a big factory in Jiangsu rose by 100 yuan / ton. The overall price of polyester in mainstream factories rose by 50-200 yuan / ton.

The price rise of polyester filament has come for a long time. What is the reason? Will this rally continue?

When "sky time" meets the "geographical advantage", the price of polyester is not going up.

Oil prices rose 7% a week, giving the polyester raw materials a "strong heart".

Last week, OPEC and non OPEC major oil producers Russia reached a new production reduction agreement, which affected international oil prices rose sharply last week, a week or more than 7%.

Driven by international oil prices, downstream polyester raw materials have also opened a new round of rising channels.

The raw materials of polyester filament such as PX, ethylene glycol and PTA have risen to varying degrees. According to the data monitoring of China silk capital network, the PTA internal market rose by 20 yuan / ton within a week from November 29th to December 6th, while PX's external market rose by 15 yuan / ton, while ethylene glycol rose 58 yuan / ton.

The rising price of polyester raw materials has created a strong support for polyester filament in the cost side.

Although this week later, with the heat of crude oil production decreasing, the price of international oil prices had a slight pullback. PTA and ethylene glycol also showed a polarization. However, on the whole, the market brought about by the crude oil reduction agreement gave a very good reason for the price rise of polyester.

The market is getting warmer. This year's last wave of stockpile "just need" came.

If the agreement on crude oil reduction is achieved, it is customary to hoarding raw materials before weaving.

At the end of the year, hoarding is a "routine operation" of weaving enterprises every year. For weaving enterprises, hoarding at the end of the year can not only resist the risk of increasing the price of polyester filament at the beginning of second years, but also become more flexible in the coming year when the production is resumed in the coming year.

The historical data monitored from the data of Chinese silk net can also be seen that the stock of polyester factories will be reduced every year when the new year comes.

But at the same time, we can see from the above chart that from 2016 to now, the average stock of polyester factories presents a trend of accumulating year by year, which may give rise to some variables in the future market.

The lack of "people and", polyester upstream and downstream are all bad.

The future of polyester filament is not optimistic. Besides the inventory problems mentioned above, the cost support of polyester filament and the demand for downstream weaving are also a very big problem.

The main raw materials of polyester filament are PTA and MEG. In the current situation, PTA has a greater impact on the price of polyester, but unfortunately, starting from the second half of this year, PTA, which was originally "spirited", gradually fell into an awkward situation.

In terms of inventory, according to the data monitoring of China silk capital network, the PTA social inventory is close to 1 million 300 thousand tons, close to the high point in the year, and is still in the process of a tired inventory.

On the device side, recent reports on the market revealed that the 1 million 200 thousand ton / year PTA project of China and Thailand is expected to be put into operation in December 20th, plus the constant force 2 million 500 thousand tons PTA plant, which is expected to be commissioned in the fourth quarter of this year. It has a high probability that PTA will be hit further.

In addition, the news coming from downstream weaving Market is also empty.

Since June, the inventory problem of grey fabrics has become the biggest knot in the minds of weaving enterprises. There are too many stocks, and the price of goods and profits in the market have been cut off.

For weaving enterprises, too high inventory of grey cloth occupies too much liquidity of the enterprises. These cloth can not be sold and cannot be changed. By the end of the year, it will be difficult to afford enough money to buy raw materials.

In addition, there is also the problem of receivables. Because the sales of terminal clothing and foreign trade are cold, the receivables in the textile industry this year are the worst in recent years.

The prospect of polyester filament is not very optimistic due to the poor support of PTA upstream and the shortage of funds in the downstream weaving enterprises.

Boss: the price of raw materials has increased. We just had a holiday earlier.

In the recent weaving Market, with regard to the idea of hoarding at the end of the year, Xiao Bian has heard that there are 3 kinds of voices in weaving enterprises.

The first is good production and operation this year. Naturally, it will stock up the raw materials according to its original habits.

The second is that this year's business is not good and the capital chain is tight, but we will try our best to store more raw materials.

The third is also bad business, but watch the market next year and choose not to hoard raw materials.

And the closer to the end of the year, the higher the frequency of the second and third voices will be heard. At the beginning of the month, China's silk net had conducted a survey on raw materials at the end of the year.

However, judging from the recent situation, the proportion of weaving enterprises that choose to store less or not even hoard raw materials has a distinct upward trend, and the number of raw materials stored by the weaving enterprises at the end of this year has basically decreased from the past 2-3 months to a month.

A weaving enterprise owner who owns 50 looms and reaches 1 million of the spring sub spinning stock said that all the products produced now are in stock, and the price of raw materials has increased, just a little earlier. I believe this is also the voice of many cloth owners.