Will The US Air Attack Affect The Year-End Market Of The Textile Market?

According to reports, in the early hours of January 3rd, the US army launched a round of air raid operations near Iraq's Baghdad Airport in Iraq, and beheaded the senior officials of the Iran military. In addition, the victims include several members of the "Shiite militia" people's mobilization organization "and the" guests "of the organization. The Iran high ranking military officer who was killed was not an ordinary person, but a major commander of the Holy City Brigade, commander of the Iran Revolutionary Guard.

After the US air strikes, crude oil prices and crude oil futures were wild and even two barrels of Big Mac oil were not to be outdone. The market for risky assets has skyrocketed. Gold has broken through the $1540 mark.

On the morning of January 3rd, Brent crude oil and New York crude oil rose in early trading on Friday, of which WTI crude oil rose further to 4%, to 63.63 U.S. dollars / barrel, to mark a new high since September 2019. In the futures market, crude oil futures also rose sharply.

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.

Near the Chinese traditional Spring Festival, affected by this incident, many textile factory owners are beginning to sit still and worry that the price of crude oil will continue to rise. When the price of chemical fiber rises, then the goods will not be delivered. If the Spring Festival starts, the price will not drop. How can we do this?

Analysis of the industry, the more this situation is more careful, not blindly impulsive, although Trump took a small fire, and launched a small terrorist attack, but in the face of Iran, the country wants to provoke a large-scale war, both sides are still reluctant to, so the big conflict will not easily rise, the price of chemical fiber may be stimulated under this stimulation, it is possible that a slight rise may turn this trend, and I am afraid that we need downstream orders to cooperate with each other, so we must pay attention to inventory control and capital control in every link, so we must not give up easily.

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.

At the same time, by the end of the year, demand is weakening and orders are mostly in the form of "short and fast". Only a few printing and dyeing factories and garment factories can deliver orders before the Spring Festival. As for spinning and weaving mills, the order is not very full at present, and the orders of the spinning enterprises and weaving factories of the individual differentiated production varieties are acceptable, which can basically last until the Spring Festival. Although the situation of conventional yarn stock is not very serious, the phenomenon of shutting down equipment has appeared.

At present, many enterprises are studying how to put them on during the Spring Festival holiday. At this time of the year, the days of the spinning enterprises are the most difficult. The operators must take up a large part of their energy every day to deal with the problem of "dealing with money": to appease the door-to-door debts, urge their employees to increase their incentive payments, and raise funds everywhere to ensure the wages of workers and the normal expenditure of water and electricity charges. Therefore, many enterprises try their best to sell products realizable, resulting in the textile market price changes. It is expected that the market will remain unchanged before the Spring Festival.