The Effect Of Spring Festival On Polyester Filament Is Rising Steadily In The New Year.

In 2020, through the central economic work conference, we saw that China's macroeconomic regulation and control was "stable". The beginning of the new year of polyester industry was closely followed by the national policy call and showed a steady price trend. Downstream environmental protection and Spring Festival holidays and other effects have been gradually reduced and demand is insufficient. It is expected that before the Spring Festival, polyester industry filament will show stable and rising trend.

Recent favorable news prevails, and the international trade situation improves for a long time to benefit the global economy and the terminal textile market. The raw material end PTA was relatively low due to the low level of processing area at 409-500 yuan / ton, and the price was relatively strong. The US air raid led to the death of senior officials in Iran. The situation in the Middle East suddenly became tense. Meanwhile, crude oil inventories in the United States dropped sharply, and international oil prices rose strongly. Drive polyester cost end up to support the late price trend of polyester filament.

Source: long crowd data

At present, polyester industrial filament 1000D/192F general high-strength main factory quotes at 9200 yuan / ton, the market turnover is higher than 9500 yuan / ton, low appears 8500 yuan / ton, the mainstream transaction price is maintained at 9000 yuan / ton, cash out of factory. Since the price increase in mid 12 months, the market turnover has been relatively small. The downstream factories have basically been stocked at the end of November and the beginning of December. At the end of 12, the overall purchasing enthusiasm was not enough, and the demand for stocks and the small ones were mainly stocked. Since the beginning of the November, the cash flow of polyester industrial filament has been in a loss stage since the beginning of the year.

Source: long crowd data

 

Near the Spring Festival, in order to keep the industry inventory at a relatively reasonable level, the production of polyester industrial filament mill has been clear and clear. It is expected that the low speed parking service in February will be reduced to 20 days in mid January. It is expected that the inspection will be completed for a month and a half. It is expected that in the second half of January, the repair and maintenance of Shuangfeng is expected to be about half a month. Hengtong printing and dyeing is scheduled to be overhauled for 25-30 days in January 10th. The maintenance of the Hangzhou Hua Chun in January 16th is stopped, and by the return of the workers during the Spring Festival, the big factory Hengli and Yu Fu have all planned to reduce their stop and drop the negative plan. Market participants generally reflect that this year's overhaul will be a year after the early stop. It is estimated that the load of polyester industrial yarn will decline further in the first quarter of next year.

To sum up, the cost side PTA and ethylene glycol are relatively strong by macroeconomic policies and international crude oil, enterprise maintenance and other regulatory prices. Demand side polyester industrial filament has been properly stocked downstream before the Spring Festival, and the factory's Spring Festival plan has also been gradually released. The atmosphere of the festival has spread in the market of the industrial yarn. Therefore, Xiaobian believes that the Spring Festival effect will follow, and the steady trend is the trend of stable polyester before the festival.