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    Some People Are Crazy About Hoarding Goods, And Some People Are Desperate To Throw Them Away. Polyester Filament Shaving "Crazy", Grey Cloth Market Panic "Chaos"!

    2020/5/8 11:38:00 2

    Polyester Filament And Grey Fabric Market

    In May 5th, international oil prices surged, and then the trend of polyester filament rose. On the 5 day, polyester rose by 50-10 yuan / ton, and polyester 6 rose 100-300 yuan / ton.

    For the textile market that has been so quiet for so long, there is a lack of good news for encouraging confidence. The surge in crude oil and the explosion of 700 thousand tonnes of PTA installations have undoubtedly become the best trigger for stimulating the market. Of course, chemical fibre chiefs are unable to sit still. It is imperative to raise the price of polyester. Besides the pressure of increasing cost, the more speculation is brought about by the news. But in any case, the expected results have been achieved.

    Not only is the upstream chemical fiber raw material market, but also the downstream fabric market has a good atmosphere and a busy scene. And this "busy" does not mean that the fabric is busy, and there are many other operations. Next we will take a closer look at these operations.

    The new round of stock starts again, and weaving companies are stocking up more.

    First of all, the price of polyester materials is rising and production and sales are good. Weaving enterprises must buy raw materials for stock. On the 6 day, the atmosphere of polyester trading in Jiangsu and Zhejiang continued to be hot and the production and sales were 60%, 200%, 250%, 150%, 200% and 300%. On the 7 day, there was a significant reduction in the turnover of polyester and silk in Jiangsu and Zhejiang provinces. The production and sales of mainstream factories were mostly at the 30-50% level, and some of the better factories were around 80%, with an individual reaching 150%.

    According to the survey of China silk net, the raw material inventory of most weaving factories in the late April is about 10 days. This low figure not only indicates that there are not many orders for weaving factories in the near future, but also indicates the current situation of buying and using. Most of the data in the production and sale exploding tables are due to the reasons for "stock up", and the small part is just needed to replenish the goods. Now, after a long time of buying and using, raw material inventory is almost digested, and a new round of stocking has begun. But from nearly 2 days of production and sales data, we can see that the weaving factories are temporarily stocking up, and the heat is not sustainable.

       The owner of a weaving enterprise with 300 jet looms revealed: "there are many polyester threads on the two day, about 2 million yuan. Beginning in late April, the inventory of polyester taffeta and spring Asian spinning is all clear. Now the machine is mainly producing these two kinds of grey cloth, and its polyester raw materials are in short supply. Recently, the price is rising again and again, so we have to prepare more to deal with the sudden rise in price.

    Grey cloth is weak, but manufacturers are losing more.

    Every time the news of polyester price rises, the market is particularly concerned about the price changes of the downstream fabric. However, the price rise of polyester is still lacking enough impetus in driving grey cloth, weaving enterprises do not have a large increase in price, and a few factories are only partial price increases. Most manufacturers issue grey cloth quotations for only a week's time limit. In fact, today's price increases are more self digestion of manufacturers, and will not immediately rise in price to allow buyers to bear.

    Some manufacturers not only raise their prices because of rising raw materials but also sell them at low prices. This is mainly because most of the varieties of grey cloth inventory is still high, the market demand for gray cloth has changed little. In the face of such difficulties, price increases are not the key, and inventory is the primary task. Therefore, when the price of raw materials increases and market confidence is restored, it will achieve better inventory effect.

    Demand has not yet improved, perhaps in the short term.

    When the price of polyester raw materials rises, the price of grey cloth will remain unchanged. It is a good time for traders to store their goods. Recently, there are signs of partial increase in grey fabrics. But after a small survey, most of the orders are mostly caused by traders buying and hoarding goods. A regular variety of weaving enterprises responsible person said recently, many middlemen often asked for price, and wanted to buy gray cloth in large quantities. They keep the price down, but the raw material has been rising, and the grey cloth has been priced at a price per day. It is impossible to get the same price as before.

    There is another "one day tour" of polyester production and marketing. In fact, this is a naked speculation, but it is a way of activating the market atmosphere that the whole industry chain needs, which will drive the demand of every link. But in order to stimulate the terminal clothing business through such news, it seems that there is still a lack of heat. Moreover, according to past experience, the impact of good news on the price of raw materials and the price rise of grey fabrics is not very significant for the clothing industry. And this year is in such a special period, no real demand for price speculation is "hooliganism"!

    But Xiaobian also has to say that such a "chicken blood" is needed in a sluggish textile market. Especially in the countries around the world, the resumption of nodes will play an important role in the textile market in Jiangsu and Zhejiang. In the right amount of stocking and stockpiling, more attention is paid to the trend of crude oil and polyester and the recovery of foreign trade.

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