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    Downstream Demand I Am The Most Prosperous, The Possibility Of Future Price Increase Of Polyester Yarn To Be Determined

    2021/4/10 13:11:00 2

    Polyester Filament

    On April 7, the polyester prices of two leading polyester producers in Tongxiang rose. A large chemical fiber factory in Shengze also raised the polyester price. Many polyester factories in Shaoxing and Xiaoshan also announced that they would increase the polyester prices. At the same time, some factories chose to cancel the discount
    Polyester factory collective price rise, abnormal things will be useful, is the peak production and sales? Then the production and sales of the first two days were about 80%, which was not bad, but not particularly high. Or did the oil price soar again? As a result, international oil prices fell by 6% in the middle and 4% at the end of the day;
    Is it because of a large number of orders coming back, "Silver Four" broke out? After looking at the market orders, the epidemic situation in Europe and the United States is out of control again, and many countries have re closed their cities. Many cloth owners are worried about the European and American orders that have not yet been delivered, for fear that they will return the order again
    In this case, how can polyester rise? If it goes up, it will rise. Most importantly, will it continue to rise?
    Since 2019, the domestic PX plants will be put into operation. The PX capacity that used to need a large amount of import has been lifted by a large amount, which has been labeled as "cabbage price";
    The start-up cycle of PTA new plant starts from the end of 2019, and it is estimated that 35 million tons of new plant will be put into operation in 2020-2022 A new round of maintenance is about to start, and the production capacity involved in the reduction will exceed 34 million tons
    By the end of 2020, with the good news of the US dollar's "big water release" and vaccines, the prices of all kinds of raw materials in the world have risen sharply. As the domestic production capacity of PTA accounts for the majority, the impact will be relatively small and the rise will be slower, which will eventually lead to the low PTA processing costs.
    Different from PTA, polyester filament does not have so much inventory pressure, so the choice strategy is "follow the rise, not the fall" -- when the price rises, the price rises by one or two thousand; when it falls, it means one or two hundred, which finally leads to the profits of polyester filament all the way up.
    According to the global textile net price, since the beginning of 2021, the price curve of polyester filament is smooth as a whole, with obvious upward adjustment and less downward adjustment. Compared with the fluctuation of upstream PTA, it is more stable.
    In a word, the current situation of PTA, the upstream raw material of polyester, is to reduce the production capacity to slow down the situation of overcapacity, and gradually increase the processing costs, while polyester filament takes the attitude of "raw materials rise, I also rise" and slowly increases the price.
    Will polyester continue to rise?
    From the PTA production reduction of upstream, the price rise of polyester filament seems to have a certain foundation, but whether it can continue to rise or not depends on the actual urgent demand of downstream weaving enterprises.
    Recently, some weaving enterprises reported that due to the outbreak of the epidemic situation in Europe and the United States, some brands began to refund orders frequently to "ensure safety", and the raw materials prepared by textile enterprises in order to deliver orders were piled up in the warehouse.
    At the same time, due to the "Xinjiang cotton" incident, the popularity of the national tide is rising, and the domestic brands are also rising, and the sales volume is soaring.
    In addition, in the middle of March, a lot of grey fabrics purchased by traders at the beginning of the year were also consumed. At that time, traders are likely to have to replenish, which is also an opportunity for weaving enterprises.
    According to the special correspondent of the global textile network, the demand for chemical fiber knitted fabrics in China's light and textile city has been in a strong state for a long time, which is also an important reason why polyester filament is easy to rise but difficult to fall.
    Knitwear sales from December 7-13
    Knitted fabrics: all kinds of decorative fabrics mainly made of knitted chemical fiber filaments (weft knitted and warp knitted plush, including some stage fabric, table and chair packaging decorative cloth and some knitted window decoration cloth, clothing dual-purpose mesh, flower knitting, knitting jacquard, embroidery, burnt out, water-soluble cloth, composite and flocking cloth), clothing cloth (including double-sided elastic without spandex, some of which are made of polyurethane) The daily sales volume of knitted fabrics mainly used for clothing, such as knitted polyester polyurethane elastic fabric, nylon polyester elastic cloth and elastic flannel cloth, elastic milk silk cloth, elastic bamboo fiber cloth, elastic soybean fiber cloth) are about 94-99-100-112-118-125-111 million meters per day;
    Knitwear sales from January 4 to 10
    Knitted fabrics: all kinds of decorative fabrics mainly made of knitted chemical fiber filaments (weft knitted and warp knitted plush, including some stage fabric, table and chair packaging decorative cloth and some knitted window decoration cloth, clothing dual-purpose mesh, flower knitting, knitting jacquard, embroidery, burnt out, water-soluble cloth, composite and flocking cloth), clothing cloth (including double-sided elastic without spandex, some of which are made of polyurethane) The daily sales of knitted fabrics mainly used for clothing, such as knitted polyester polyurethane elastic fabric, nylon polyester elastic cloth and elastic flannel cloth, elastic milk silk cloth, elastic bamboo fiber cloth, elastic soybean fiber cloth) are about 121-152-159-168-170-191-1.6 million meters respectively;
    Knitwear sales from 22-28 March
    Knitted fabrics: all kinds of decorative fabrics mainly made of knitted chemical fiber filaments (weft knitted and warp knitted plush, including some stage fabric, table and chair packaging decorative cloth and some knitted window decoration cloth, clothing dual-purpose mesh, flower knitting, knitting jacquard, embroidery, burnt out, water-soluble cloth, composite and flocking cloth), clothing cloth (including double-sided elastic without spandex, some of which are made of polyurethane) The daily sales volume of knitted fabrics mainly used for clothing, such as knitted polyester polyurethane elastic fabric, nylon polyester elastic cloth and elastic flannel cloth, elastic milk silk cloth, elastic bamboo fiber cloth, elastic soybean fiber cloth) are about 81-82-88-89-101-123-1.02 million meters;
    In general, as long as the downstream demand is passable, the possibility of future price rise of polyester is not small.

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