Polyester Filament Prices Opened Up Channel, Polyester Factory Price Determination Years Ago

Starting from December 12th, the price of polyester filament began a new round of rising channels. 18 days, a large factory in Jiangsu rose 100-300 yuan / ton of polyester, a FDY factory in Wuxi rose 100-150 yuan / ton, and a factory in FDY rose 100 yuan / ton in Wujiang.

Up to December 18th, the products of polyester filament had risen to varying degrees in a week, of which FDY rose the most, reaching 400 yuan / ton.

And recently, Zhejiang Tiansheng FDY (600 thousand tons / year) parking overhaul, superimposed on the previous week Tong Kun Heng Sheng, new Feng Ming and many other manufacturers to stop and drop negative, oversupply situation slightly improved, polyester filament manufacturers go to the library more. The stock days of polyester filament enterprises are POY7.5 (-1.0) days, FDY 8.5 (-3.5) days and DTY 18 (-3.5) days respectively.

At present, the single ton profit of polyester filament industry is POY-127 (-97) yuan / ton, FDY -210 (-64) yuan / ton and DTY 39 (-197) yuan / ton respectively.

The price of polyester has gone up. Then, how will the market react?

As the Spring Festival draws near, weaving ensures the smooth production after the festival. There is a demand for replenishment of raw materials before the festival. At present, the polyester filament takes the time to change space, and chooses the strategy of increasing prices under the operation of the device. At present, the overall purchasing mentality of downstream is more contradictory. The downstream spinning enterprises also have some differences in purchasing habits.

1, capital occupation problem

Since the beginning of this year, the procurement policy of raw materials has begun to be prudent, and it is constrained by the restrictions on the use of funds in the mode of weaving credit sales. Therefore, before the Spring Festival, we need to consider the ability of the accounts receivable recovery process of textile enterprises to purchase polyester filament. However, if the receivables are recovered less than in previous years, the intensity of replenishment will be limited.

2, cost of spinning enterprises

This year, the downstream profit situation has not been very optimistic. According to the current cash flow of grey cloth, the current rate of water jet looms is only 20-30 yuan / day. According to the results of the visit, weaving enterprises are still more resistant to the rising price of raw materials.

On the one hand, because of its high inventory of grey cloth, the weaving enterprises are very tight at the end of the year, the quality of the products is very serious, the quality of the products is serious, and the profits of the cloth can not go up. The raw materials will increase slightly, and the cloth that will have been profitable will become a loss. On the other hand, the weaving boss generally says that the market will not be clear next year. This year, such a situation has led to the fact that many experiences in the past have not been applied.

A main spring Asian spinning company, with 50 looms, but the head of the weaving enterprise, whose inventory has reached 1 million meters, said that the price rise of polyester filament is all hyped up by the upstream polyester manufacturer. The market is not so good at all. If the polyester price continues to go up like this, they will have to leave early only then.

3, determination of price difference

Polyester filament "micro deficit", always want to use PTA or crude oil and other futures to follow up, rather than choose to compromise. Facing the replenishment of downstream products before the Spring Festival, polyester factories are more likely to choose the right amount of maintenance during the Spring Festival, instead of choosing a big price promotion, even if they often raise the price on the occasion to drive a short wave deal.

To sum up, polyester factories maintain cash transactions on the one hand and stabilize prices on the other hand. If stimulating the mass production of goods before the Spring Festival, there is another way to make use of the market's "buying up or not buying down" mentality to create a strong market expectation even after the Spring Festival. However, the market has long been silenced in the anticipation of mass production of polyester raw materials, and it is difficult to reverse the public psychological expectation. Therefore, it is expected that before the Spring Festival, the industry will still not be active in the overall stocking of the polyester industry, and still maintain the multi frequency and small batch purchase.