Market Trends: Keqiao Market Is Getting Colder And Colder, And The Festival Atmosphere Of Weaving Market Is Getting Stronger And Stronger

Last week, the weaving market ushered in a high tide of loom stoppage. This week, the price of polyester filament market was weak, and the texturing machines were also shut down. In addition, the market of Qianqing and Keqiao became increasingly cold, and the overall festival atmosphere of the weaving market was getting stronger.

In early January, the activity of weaving market was fair. The price of chemical fiber market continues to rise, and the downstream is optimistic about the future textile market as a whole. The orders are more active, the trading atmosphere in the weaving Market is good, and the factory also produces a proper amount of inventory. According to statistics, at the beginning of January, the weaving start-up rate remained at a high level of 76%, far higher than that of 60% in the same period of last year. In Tongxiang and Huzhou, due to power rationing and shutdown, the elastic start-up rate increased slightly to 92%, far higher than that of 70% in the same period last year. At the same time, dyeing factory orders also showed rapid growth, because most orders to be delivered before the Spring Festival, so printing and dyeing enterprises are making the most of their time to seize production.

Figure 1

In the first ten days of January, the trading atmosphere of weaving market gradually dropped, and the shutdown of weaving factories increased. Domestic and foreign public health and safety incidents have escalated, worried about the slowdown of demand growth, the shock and fall of international crude oil. In addition, some foreign workers returned home in advance. By the middle of this month, the chemical fiber market price fell partially, and the market risk increased, which hit the enthusiasm of weaving factory production. As can be seen from Figure 1, the start-up rate of weaving factory decreased rapidly in the first ten days of January A total decline of 22%.

At the end of January, the festival atmosphere in the weaving market was getting stronger, and most weaving factories had already shut down, and the texturing factories were also shut down one after another. On January 27, the joint prevention and control mechanism of the State Council held a press conference, stressing that the normal local new year's Day is classified and classified. When implementing local policies, it is not allowed to "increase the number" without authorization, let alone "increase the number of layers", and can not block people's travel and return home. In addition, the price of chemical fiber market is stable and weak this week, and the risk of inventory depreciation of raw materials and finished products is increasing. Therefore, most of the texturing factories choose to stop work or reduce production at the end of the month. Local workers and local workers will work until the beginning of February. This week, the rate of start-up of texturing has dropped by 10-15%.

On the whole, there have been texturing and weaving factories leaving the market, and the weaving Market before the festival is becoming increasingly light. Due to the influence of joint prevention and control and other factors, it is estimated that the time for elastic and weaving to resume work may be delayed to the beginning of March. At present, the market price of polyester filament is weakening, and the mainstream polyester filament factories are accumulating stocks during the Spring Festival. Therefore, the texturing and weaving factories are more cautious about the future market. At present, the funds are mainly recovered, and the raw material preparation strength before the festival may not be as expected.