Review The Ups And Downs Of The Market In 2019: Polyester Filament Goes Down "Altar", "T400" Is Hard To Find.

Recently, a common feeling with some textile bosses is that the whole textile industry chain is very grim.

How grim? Industry chain upstream and downstream experience deeper. In the last six months, whether it is weaving or polyester enterprises, they control output and inventory, reduce prices and inventory. Whether leading enterprises or small and micro enterprises, the pressure is relatively large, some of the small partners have even quietly exit.

However, the downstream textile market also ushered in "the worst year", so the demand for polyester filament has not been very high. Whether it is a bomb or a weaving enterprise, the stock of raw materials this year is purchased on demand and cautious. Even when the time of storing lots of goods on the eve of the Spring Festival every year, the production and marketing of the market have been difficult to maintain. Many textile owners have said that they have eaten the deficit at the end of last year, and will not store much more this year, and the funds on hand will not be allowed.

Polyester giants are still struggling to compete for market share, but demand side is unable to digest, resulting in the decline in polyester filament prices this year.

The polyester factories that used to "machine ring, gold double" were relatively weak in overall profit this year, especially the FDY products of the former "King". In the first half of the year, the market performance was fairly stable. But in the fourth quarter, profits fell sharply because of the price promotion, especially in 10 and November.

FDY is too big to fall behind with its downstream products. As far as products are concerned, the general polyester FDY is the main raw material of conventional chemical fiber fabrics such as polyester taffeta and artificial silk.

In 2019, the overcapacity of the conventional fabric market was obvious. The price of products led by polyester tau was about 20%-40%, and some specifications were even hovering around the profit and loss line, which led to the manufacturers' demand for FDY. Demand determines prices, which leads to poor performance of FDY.

Viscose staple fiber in 2017 can be said to be "a golden day" and has become a dark horse in the industry. After two years, viscose staple fiber has undergone leaps and bounds. Capacity expansion of nearly 1 million tons, from 4 million 60 thousand tons in 2017 to 5 million 50 thousand tons in 2019, imply that the viscose staple fiber in 2019 is bound to be under pressure from production capacity.

This year, the whole economic environment is not good. The demand for foreign trade in the textile and garment industry is weak, and the enthusiasm for purchasing raw materials is not good.

It is understood that some cotton mills because of the very low profit margins of cotton yarn and the production of polyester yarn, resulting in the demand for viscose staple fiber is further reduced, the market supply exceeds demand, fatigue is difficult to change, mainstream manufacturers can only drop or fall, and in December, it fell below 10000 yuan, which is a price that has never been seen in the past 5 years.

Besides, apart from losing the right to speak, the profits of viscose staple fiber in 2019 are also very bleak. Because of this, about 180 thousand tons of capacity were withdrawn from the market during the year, and about 160 thousand tons of capacity were shut down for a long time.

Since this is so difficult, why should we stick to it? In fact, for many textile people, leaving or staying is always a question of eternal concern. Especially in 2019, it is particularly hard, but it is still not enough to dispel the enthusiasm of many textile people. After all, the market is not stagnant forever. When conventional products are faced with the embarrassment of overcapacity, there are also many sales of products rising steadily.

The most typical example is the wave of T400 and T800 fabrics coming out in the second half of the year.

In the second half of 2019, a name was often mentioned, that is, T400, which is known as "Pan an" in the cloth, and was once "hard to find" in the market. It also ignited the enthusiasm of its raw material market.

Indeed, since the market opened a new era of non ammonia bomb, the fabric led by T400 ushered in a wave of "spring". In the 9 and October of 2019, T400 has been occupying the mainstream of the market, attracting numerous eyes. Many of the dyeing factories from the warehouse receipt to the dyeing schedule, T400's planning table is absolutely occupied half of the country, rarely seen other fabric scheduling.

As a new type of elastic composite fiber, T400 has good elasticity without spandex. It also solves many problems such as not easy to dyed spandex, excessive elasticity, complex weaving, unstable fabric size and aging of spandex in use. It gives the fabric a smoother texture and softer handle than the textured yarn, and ends with all kinds of men's wear, women's wear and children's wear.

In addition, the demand for recycled materials driven by recycled fabrics is relatively strong. Although the price of recycled fabrics is 50% higher than that of traditional fabrics and the price of raw materials is much higher, there are still many domestic and foreign brands willing to pay for the "regeneration". There is still a huge demand for space in the market.