Polyester Chip Production Capacity Continued To Expand Significantly In 2020.
Under the epidemic, the pace of polyester chip production has slowed down, but has never stopped. At present, the new production capacity of PET chips is near 375 thousand tons (the polyester filament device is calculated according to the 10% sides of the side cut). It is estimated that the production of polyester chips will be expected to start near 670 thousand tons in the second half of the year. By the end of 2020, the new production capacity is expected to reach up to 1 million tons.
Fig. 1 commissioning of polyester chips and related varieties in the first half year
Unit: 10000 tons
enterprise | capacity | Original planned production time | Estimated time of production | accessory products | place |
Heng Yi Haining | Twenty-five | 2020/2/1 | Two On 20 June, it has been put into operation. | Polyester filament | Haining |
Chongqing wankai | Sixty | 2020/2/1 | Three On 25 June, it has been put into operation. | PET bottle flakes | Fuling |
Jiaxing Yi Peng | Twenty-five | Two thousand and twenty First half of the year | Three On 31 June, it has been put into operation. | Polyester filament | Jiaxing |
Dalian Yisheng | Thirty-five | 2020/2/1 | Four On 6 June, it has been put into operation. | PET bottle flakes | Dalian |
New Phoenix and Zhongyi | Thirty | 2020/3/1 | Four On 9 June, it has been put into operation. | Polyester filament | Jiaxing |
Nantong Heng Ke | Ten | Two thousand and twenty February 2013 | Four The end of the month has been put into operation. | Polyester filament | Nantong |
Jiangsu Lixin | Three | Two thousand and twenty year | Five 23 June | Matching differentiation | Shengze |
Yangzhou | Five | Two thousand and twenty Year Q1 | Five Put into operation at the beginning of the month | Polyester staple fiber | Yangzhou |
Wuxi Huaya | Twenty | technical transformation | Five 28 June | Matching industrial yarn | Wuxi |
Hong Hong Sheng Hong | Twenty-five | Five Monthly low | Recently it has been heating up. | Polyester filament | Wujiang |
Fujian Yi Jin | Ten | Two thousand and twenty First half of the year | Six On 9 June, it has been put into operation. | Polyester chip (30 thousand), staple fiber | Jinjiang |
Source: lung Chung
Two thousand and twenty In the first half of the year, although the production of some factories was postponed due to the suppression of the epidemic situation, in fact, the expected completion in the first half of the year was basically completed. The new production of polyester chips could reach 375 thousand tons / year (including Huaya technical transformation 200 thousand, Lixin 30 thousand, Yi Jin 30 thousand and other device side cutting capacity). Compared with the 500 thousand tons in the first half of 2019, although the capacity growth rate has slowed down, in fact, the slice profit of the first half of the year is generally higher than that of filament yarn. Many new production lines of polyester plant have been elongated for a long time, and the actual slicing is difficult to estimate.
Fig. 2 trend of commencement of sliced spinning filament (Xiao Shao) (2019-2020)
Source: lung Chung
As the largest downstream chip of polyester chip - sliced spun filament yarn, it is not enough to describe it with "deep water" in 2020. Since the development of melt direct spinning in 2000, the slicing industry has gradually shrunk. In 2015, about 9000000 of the polyester chip production capacity shrank to about 5000000 tons, and with the gradual expansion of the various fields of slice use, the number of polyester chips increased to more than 8 million tons in 2018. In the first half of this year, sliced spinning filament (Xiao Shao) Zhou Jun started up to 34%, falling to its lowest level in five years. As shown, the 3-5 month is the time when the order is the largest and the load is the highest. In the same period of 2019, the average starting point reached 56%, and this year fell to 45%.
Since June, some individual slicing manufacturers have opened the holiday mode. It is expected that after the middle of this month, the start of slicing spinning will continue to decline, and many small and medium sized polyester chips still have "oversold" orders to maintain. It is estimated that the enterprise inventory will reach a neutral position in June. In the past years, there will be demand for replenishment of autumn and winter orders in August, plus polyester chips in the first half of the year. In the three quarter, the drop in the load may not be great, and the impact on the production schedule is relatively small.
Two thousand and twenty Polyester chip production plan in the second half of 2014
? ? ? ? ? ? ? ? ? ? ? ? ? Unit: 10000 tons
enterprise | capacity | Original planned production time | Estimated time of production | accessory products | place |
Zhejiang three dimensional | Twenty-five | Five 1 June | Seven month | PET chip | Taizhou |
Yizheng chemical fibre | Twenty | Two thousand and twenty Year Q2 | 7-8 month | Polyester staple fiber | Yizheng |
New Phoenix and Zhongyi | Thirty | Two thousand and twenty March 2013 | Half a year | Polyester filament | Jiaxing |
Fujian Bai Hong | Twenty | Two thousand and twenty The 2 quarter of 2014 | Three quarter | PET chip | Jinjiang |
Heng Yi Haining | Fifty | Two thousand and twenty The second half of the year | second half | Polyester filament | Haining |
Suqian Yida | Thirty | Two thousand and twenty year | second half | Polyester filament and polyester staple fiber | Suqian |
Tong Kun Heng Chao | Fifty | Two thousand and twenty year | Seven 1 June | Polyester filament | Tongxiang |
Nantong Heng Ke | Sixty | Five 1 June | Two thousand and twenty Year end | Polyester filament | Nantong |
Source: lung Chung
Two thousand and twenty In the second half of this year, the new production capacity of polyester chips is expected to reach up to 670 thousand tons. The third quarter is expected to increase production capacity of 520 thousand tons of 10000 tons (main production capacity of 450 thousand), the fourth quarter is mostly side cutting capacity, the whole year, polyester chip production capacity is expected to reach 1 million tons. In the first half of the year, the "bottom up" storm made it difficult to estimate the social stock of polyester chips. Therefore, in the second quarter of this year, the polyester chip industry has a distinct feature. When the price of polyester chips is relatively high and relatively stable, low price goods are springing up, which is more or less a blow to the polyesters enterprises. Through the third quarter, it is estimated that the inventory crisis of polyester enterprises can not be ignored at the end of 2020.
- Related reading
- Company news | There'S A New Way To Fight The Heat.
- Bullshit | CONVERSE Japan'S New Pure White All Star Shoes Debut, The Highest Daily Specification
- Fashion posters | Japan Tide NBHD X Jun Inagawa Joint Anti War T-Shirt Series Enjoy
- Industry Overview | Canton Fair Opening Market Concerns Textile And Apparel Orders
- News Republic | In Other Words, What Clothes Are Sold And What Clothes Are Sold?
- News Republic | Red Beans And Foreign Trade Men! "Cloud To Cross" To Open Live With Goods Mode!
- Fabric accessories | May National Clothing PPI Fell 0.6% CPI, Down 0.4%
- Fabric accessories | Part Of The Textile Enterprises In Southern Xinjiang Started At Around 60%-70%.
- Fabric accessories | China'S External Investment Keeps Growing In The First 4 Months
- Fabric accessories | Nanyang: Resuming Time Delay And Increasing Operating Pressure
- Dior Became The First Luxury Brand To Be Settled In Beep.
- NIKE First High Level KL Jiangsu First Store In Nanjing New Hundred Center Store
- VOLCOM'S First Store In The Mixc, Hangzhou
- Survey Of Haining Weaving Enterprises In Mid June: Orders 50% Less Than 30%
- The Fundamentals Are Bad, And Textile Consumption Is Hard To Recover.
- Cotton Enterprises Clearance "Chen Cotton" RMB Price Favored.
- Do You Want To Be A Yeezy Beauty Skin Care Product?
- On The First Day Of The Registration System Of Gem, "Open The Door To Customers": Brokers Patiently Polished Materials And Did Not Rush To Raise Funds In The Middle Of The Week.
- Retail Sales In May Were Close To The Same Period Last Year.
- The First Time This Year, Volume And Price Rise, The Property Market Is Out Of "Haze"?