Textile industrial news

Polyester filament enters price reduction mode again

Recently, the crude oil market has encountered a "bloodbath"! Since last Tuesday's sharp fall in crude oil prices, it has continued to fall for many consecutive days. The crude oil slump is also a "bolt from the blue" for the bulk textile raw materials that have just boarded the "price rising train" to start! The domestic PTA main 2101 contract continued the downward trend, and the futures price of the 10th night trading stage once hit a new low of this round of decline, maintaining a weak overall, while Meg's main 2101 contract also fluctuated downward.

In the early stage after a wentun rise, polyester filament recently began to enter the price reduction mode. The decline in crude oil and polyester raw materials, boosting the recent decline in its own continuous decline in polyester.

For raw materials "love and hate", weaving factory owners panic!

Affected by the "devastation" of the market in the past two years, textile owners can say that they love and hate the price of raw materials. What they love is that the current price is really cheap. What they hate is that under the sharp rise and fall, buying raw materials has become more exciting than buying stocks. Xiaobian has learned that some large weaving enterprises have lost millions because they hoard raw materials according to previous years' experience.

In recent years, polyester production and sales are difficult to be flat. Occasionally, there are large discounts and promotions from polyester manufacturers, which can stimulate a wave of weaving manufacturers' purchase boom, but the sustainability is not long. After all, in terms of this year's market, weaving manufacturers are under great financial pressure, so they are more cautious in purchasing polyester. Therefore, with the purchase and use has become the choice of most textile people, even if the polyester factory discount sales promotion, we do not dare to buy more, for fear of big price reduction. The impact of raw materials on the market price, for the textile factory boss, is even more flustered!

It is understood that at present, most of the raw material inventory of most weaving factories is about 15-20 days, which is almost the price in late August, which is higher than the current raw material price. That is to say, if the price of polyester filament falls again with the price of crude oil, the current stock of raw materials of weaving factory will undoubtedly be devalued.

For the weaving manufacturers who have already taken a small profit in production, this is undoubtedly "icing on the cake".

Cloth has not been off the plane, has been devalued! Grey cloth high inventory limits profit space

Nowadays, the raw material market is also in great fluctuation. It is difficult for weaving mills to grasp the right opportunity to avoid the dilution of profits brought by raw materials. At the same time, the market itself is still deteriorating in the later period.

Since this year, conventional chemical fiber fabrics have not been better. Take polyester taff and chunyafang as an example, the market has been in a stalemate except for some varieties of ditaf and chunyafang which are driven by anti epidemic clothing fabrics in May.

In the middle of August, we saw the turnover of autumn and winter fabrics such as imitation memory, Simian, T400, T800, etc. gradually improved, and the market went smoothly. As the three swordsmen of winter clothing fabrics in the past years, the sales volume of "ditaf, Chunya textile, Nisi textile" has been flat. Most manufacturers said that the production and sales could not be flat, and the inventory was still rising.

It is reported that at present, the manufacturers of 100 looms have stock of grey cloth for two months or more, which means that their products have no pricing power in the market. Thus, it can be seen that the situation of "low price" is difficult to improve in September.

"Recently, we received some orders from Chunya textile at a low price. Now the profit is very low." A main manufacturer of polyester taff and Chunya textile said, "the raw materials we purchased before are higher than the current raw material prices, so there is no profit at all. The customers are still pushing down the price, and there is no way."

It can be seen that the lower price of raw materials can alleviate the cost of raw materials of downstream manufacturers to a certain extent, but for the grey cloth already in production, it has already been devalued before getting off the machine. More boss Tucao, now every rice cloth can earn a few cents profit is already very satisfied, most of them will make complaints about losing money.

For the current textile market, in polyester yarn, polyester, weaving, clothing are in their own "high inventory" state, upstream raw materials to promote the role of more important. But now the bottom space of crude oil is not clear, the inflection point to the reservoir is difficult to show, and under the superposition of negative factors, the signs of market improvement need to be further observed.