Power restrictions have changed again, making it difficult to ship orders! Raw materials surged and plummeted, superimposed power restrictions were sometimes loose and sometimes tight, and prices dropped again at the end of the year! This market situation is driving downstream manufacturers crazy!
Polyester filament welcomes another big promotion: plummeting 200-600 yuan/ton
“Power restrictions and production restrictions” have caught the entire textile industry chain off guard, with reduced production capacity, rising raw material prices, and shortages of goods being reflected from the raw material end to the demand end. Entering November, although some conditions have improved, the textile market seems to be in a more tangled state than in October. Recently, the price of textile commodities has fluctuated. Fluctuations in raw material prices were transmitted downwards. On the 15th, major polyester manufacturers once again had major promotions, with prices falling by 200-600 yuan/ton. As of November 15, the prices of polyester filament products were compared with the highest value last month and this year. Polyester filament FDY150D fell by 1,250 yuan/ton to 7,950 yuan/ton, POY150D fell by 1,350 yuan/ton to 7,750 yuan/ton, and DTY150D fell by 1,350 yuan/ton. ton to 9,450 yuan/ton.
However, what is even more confusing is that after the power restrictions are relaxed, the polyester link will The operating rate did not pick up as quickly as expected. According to data, as of November 11, it was still around 85%, with an increase of less than 4 percentage points from the low point. The operating rate of major textile bases in Jiangsu and Zhejiang was still around 70%, and polyester production was still around 70%. and weaving operations are still at a lower level than in the first half of the year.
The price of gray fabrics has generally fallen, and nylon spinning is even more fun
According to research, the prices of gray fabrics on the current market have almost all dropped to varying degrees. The price is generally 0.02-0.05 yuan/meter, and some varieties have fallen significantly. Although judging from the decline, the decline of conventional varieties is not much, and polyester filament has also declined, it seems that there is still room for profit. But the actual situation is not the same. Due to the large increase in the early period, weaving manufacturers have returned to the “buy-up” mentality and stocked up a lot of raw materials when polyester yarn first rose in October. So far, before the high-priced raw materials have been consumed, the price of gray fabrics has fallen, so profits have been affected.
Needless to say, nylon is the gray fabric with the largest fluctuations. Taking 380T nylon spinning as an example, it rose to 5.2 yuan/meter at its peak in October, but now it has dropped to only 3.8 yuan/meter. Some textile netizens joked that those with a weak heart should never do nylon spinning. This is true.
On the other hand, at present, power restriction measures vary from place to place. And this week, what caused the polyester ring and textile people to “fry up” also came from the “some looseness and tightness” in the news of power rationing. The power rationing upgrade puts great pressure on textile workers who are rushing to get goods at the end of the year. In the short term, it will increase production pressure and delay delivery. On November 12, Nantong, Jiangsu Province announced a new dual energy consumption control plan! Textile bosses from many factories in Nantong cried out that production has been restricted again, and they are the first region to do so. The production restriction period is the longest in Jiangsu. “It’s finally back to normal. The output has just come up, and production restrictions have begun again. The production plan has been disrupted again, and the orders just received will be postponed again.”
As of now, , the power gap still has a greater impact on downstream companies. Many fabric companies have reported that business has not been easy recently and production costs are too high. Some gray fabrics are produced with high-priced raw materials. If raw material prices continue to fall, inventory depreciation will occur. In addition, the market comes and goes very quickly, and the price of gray fabrics may continue to depreciate. Downstream, we see that raw materials continue to fall in price and the scale of bargaining is getting larger and larger, resulting in fabric companies making less and less profits. In addition, it is difficult to control the prices of raw materials and dyeing fees in the later period, and the production cycle of fabrics is also difficult to control. As the inventory of raw materials gradually decreases, the order delivery problem of fabric companies is becoming increasingly serious.
It was intercepted when going to the warehouse, and the weaving industry could not escape the fate of cutting prices and dumping goods!
The “Double Eleven” e-commerce season has ended, and there are currently 2 months left before the Spring Festival. According to usual practice, there will be a wave of orders placed before the Spring Festival, especially The foreign trade market will usher in a small climax. However, due to the impact of the epidemic in the past two years, the foreign trade market has been tepid for a long time. Whether it can recover this year is still unknown. Data shows that the current inventory of gray fabrics is around 28.8 days, a slight increase from the previous period. In fact, textile people know very well that if they cannot receive a large number of orders before the Spring Festival, the inventory of gray fabrics will continue to rise. Inventory has always been the weakness of weaving manufacturers. Once the inventory is high, they will eventually be unable to escape the fate of selling goods at reduced prices. </p
