The Textile Market Began To Break Down: The Loom Loom Rate Started To Drop By 3.2%, And The Big Machine'S Starting Rate Dropped By 2.67%.

According to market research, along with the end of the year, demand is shrinking, weaving factory custom orders are stable, the delivery period is more intense, the new single is mostly scattered and small. At present, the industry starts to maintain at around 60%, but the operation of textile enterprises is different. Some small and medium enterprises have stopped production, but some enterprises are better off than the earlier stage because of the rising raw materials and buying up mentality in the lower reaches.

Many enterprises indicated that they will be closed in 10-15 days, and the scale and regional enterprises' intentions will be released 2-3 days before the end of the year. After the first six to fifteen years, the company resumed production.

Fig. 1: Trend of weaving comprehensive starting rate

Recently, the comprehensive loom rate of looms was 48.14%, the rate of opening up was 1.96%, the average loom rate of water looms was 46.91%, the ring ratio was 3.2%, the overall opening rate of loom looms was 37.5%, the ring ratio was 2.67%, and the air-jet loom integrated rate was 60%, unchanged from last week.

The water jet looms are seriously differentiated, and the start-up rate of more than 1000 looms is still maintained at around 8-9. According to the research samples, 100 small-scale enterprises with ~300 scale have basically determined the time of the vacation, and the enterprises are 37% of the enterprises that have closed down for the holidays. The planned downtime of enterprises between January 10th and -15 will account for 42%. During the week, the macro message is favorable to the market, and the polyester futures market is warming up to adjust a small number of foreign orders to become warmer. According to the survey sample, 16% of enterprises have extended leave for 5-7 days to mid downtime.

At present, orders for home textile products have dropped significantly, mainly by clearing goods to relieve inventory pressure. Weaving enterprises have focused on refunding funds, and ordered weaving to the end of the festival. Along with the shrinking demand before the festival, the "returning home season" is also coming. The shortage of workers affects the gradual decline of start-up load. It is expected that the middle of this month will be a sharp decline. The inventory of textile fabrics in water jet weaving enterprises will be eased slightly, averaging 36.47 days, up 2.7 days from last week, most of them will remain at 30-40 days, and individual varieties will still be 90 days.

Air jet looms, according to market research and understanding, along with the end of the year, the demand is shrinking, weaving factory custom orders are stable, the delivery time is more intense, the new single is mostly scattered, small single. At present, the industry starts to maintain at around 60%, but the operation of textile enterprises is different. Some small and medium enterprises have stopped production, but some enterprises are better off than the earlier stage because of the rising raw materials and buying up mentality in the lower reaches.

Many enterprises indicated that they will be closed in 10-15 days, and the scale and regional enterprises' intentions will be released 2-3 days before the end of the year. After the first six to fifteen years, the company resumed production.

Round machine, this week for the final stage of the sprint, local enterprises have begun to stop for new year's day, most of the enterprise orders still have a little not completed, it is expected to rush until January 8th, and a small number of enterprises at the end of last month to receive new orders, is expected to be completed near 13 days. On the whole, the Cobb circular machinery factory near January 15th has been closed for production and production. There are two main factors: first, the shortage of orders is ahead of schedule, and second, recruitment difficulties. Affected by the market of chemical fiber raw materials, the digestibility of grey cloth this week is somewhat slow. It has not changed much since last week, and 100-300 big round machine factory stocks are in the vicinity of 40-60 days. The official resumption time is concentrated at the beginning of the month eight - fifteen in January.

Wujiang area printing and dyeing plant started overall decline obviously; Changshu area printing and dyeing factory 80% has been off before the holiday; Jiangyin area according to sample traders return to their cooperative dyeing and printing factory 50% on 27 days have been on holiday, part of the new year's Day 2, 3 holiday, only 10% to January 6th holiday, the holiday time is earlier than the previous period (1. regional coal to gas reasons; 2. environmental protection limited production reasons; 3. workers return home mentality); some printing and dyeing factory because of the problem of stopping gas has been consultation with customers after the holiday issued a pre holiday order. In the Shengze area, a dyeing and printing factory in Sheng Hong started construction at about 50% due to less orders, limited production and so on. It stopped steam at 12 o'clock in January 5, 2020.

It is expected that the steam supply will resume at the beginning of the 10th year, and the resumption time will be eight at the beginning of the month. Starting from the beginning of the eighth month, the supply of gas will be restored to ten at the beginning of the month. The total recovery time is expected to be around 15 in the first month. The main dyeing plant resumed at eight of the beginning of the month, but due to delayed reports, the total recovery time is expected to be around 15 in the first month.

Up to now, weaving enterprises have basically finalized the Spring Festival holiday, loom operating rate has gradually declined to the low point, the market has begun to enter the "rest" stage, weaving enterprises focus on clearing the warehouse and returning funds. Under the support of the 3% surge in crude oil, the production and sale of polyester filament is not as good as expected.

In the later stage, geopolitical tensions will support the rising trend of international oil prices. The cost side will give Dacron a certain support, but next week is the time for weaving factories to concentrate on holidays, and the loom start rate or decline in the week to the lowest point in the year. The demand for Dacron in the field will gradually shrink and the demand side has no obvious positive effect. Therefore, it is expected that the polyester filament and staple factory will maintain the policy of shipping as the main part in order to control the finished product inventory at a reasonable level and discuss the stalemate on the center of gravity.