The Tight Relationship Between The US And Iraq Has Led To A Rise In The Polyester Market. There Is Still A Lack Of Momentum After The Year.

Recently, influenced by geopolitical factors, the polyester market has ushered in a wave of "frenzy": the price of raw materials, the price of polyester, and the explosion of production and marketing.

PTA futures rebounded on Friday, but pulled up rapidly after the opening of the 6 day and stood at 5100 points. Ethylene glycol market has also risen in the wake of crude oil upgrading. On the 6 day, the main contract of big business ethylene glycol futures rose by 100 percent. Crude oil fell slightly on the 7 day, but on the 8 day, international oil prices continued to rise. Polyester filament yarn, for 2 consecutive days, some manufacturers have risen by 50-200 yuan.

The upstream of textile market is boiling, and downstream weaving enterprises and trading enterprises are not calm. At the end of last year, this is a special node. Weaving enterprises and trading enterprises are particularly concerned about the price changes of raw materials, which is directly related to the problem of stockpiling raw materials, making gray cloth and stock. During the visit to China's silk net, most enterprises said that they would not stockpile raw materials before the Spring Festival holiday, about a month's volume. From this we can see that this year's stockpiling efforts are relatively small. This year's Polyester price is the position of nearly two years, and the annual increase is not large, so weaving manufacturers think there is no need to store too much raw materials.

The price of raw materials sold by weaving factories is basically a foregone conclusion, but the most popular concern of market life is whether the price of grey cloth will rise after a year.

In recent days, there has been a voice discussion among trade enterprises: the tension between the US and Iran is increasing and the crude oil is rising. Will the raw material price increase after that year? Will the price of grey cloth rise? Regarding this problem, the head of a trade enterprise thinks that the price of raw materials will rise after the year, and the grey cloth will also increase, so there are tens of thousands of meters of commonly used grey cloth. The company also accepts refined white goods, so the prepared grey cloth can also be used to make white, not afraid of stock.

And some enterprises think that the possibility of price rise after a year is not great. A weaving factory owner replied, "raw materials should increase after a year, but the possibility of rising again after the first fifteen months is not great. Grey cloth will not rise in price, unless raw materials will go up. "

In the past years, raw materials will have a wave of price rise, which can be said to be a way to boost production and marketing. In the beginning of 2019, polyester filament was popular under the strong support of polyester raw material PTA. At the end of February and early March, orders for the market increased, such as the appearance of queues in imitation silk fabrics. After the appearance of the peak season, with the support of polyester yarn, there is a notice for weaving enterprises to increase the price of grey cloth, which is up to 0.05-0.1 yuan / meter.

01

Weaving manufacturers are eager to get rid of low prices and hype emotion.

2020 years later, the price of grey cloth increased. But there are still many people in the market who think that the price of grey cloth will rise in the future. After all, the price of 2019 was not warm, and the price of grey cloth was low in recent years. Cloth owners are eager to get rid of this situation, especially the weaving factories, and the psychological emotion behind the speculation will be stronger. Therefore, we do not rule out the possibility of price increase after a year.

02

Polyester price has certain support to the price of grey cloth.

On the other hand, the price of grey cloth will depend on the price of polyester. In 2019, although the polyester filament had risen, it did not gain much and lasted for a long time. According to some weaving manufacturers, when the price of polyester increases more than 500 yuan / ton, most weaving factories will increase the price of grey cloth. Raw material price rise, reaction to the price rise of fabric also has hysteresis, general raw materials greatly increased and high stability for a month or so, grey cloth will begin to rise.

03

Market price affects float price fluctuation

The third point is that the price of grey cloth will not rise, and the market is also a very important factor. Like 2017 and 2018, the market is booming, and demand exceeds supply. The price of grey cloth has been rising continuously. It is entirely in the hands of weaving enterprises. It's like being very capricious, but trading companies can only pay their bills. Therefore, whether or not the price of grey cloth will rise will depend on the market after the year. But at present, the inventory of grey fabric is still at a high level. Even if the market is hot, the possibility of a shortage of supply will be smaller.

afterword

To sum up, Xiaobian believes that in the present form, the rise of grey cloth is still lacking momentum after the year. But if there are traders to stock up, it is not too bad. The right amount of stock is also a routine operation. However, based on the uncertain market situation, Xiaobian does not recommend a lot of hoarding.