I don’t know since when, the promotion of polyester filament, driving a wave of production and sales, has become a tacit understanding between polyester factories and weaving companies.
Since the second quarter, periodic promotions of domestic polyester filament yarns have become the norm. The frequency of promotions has been accelerating, the discount range has been expanding, and the focus of market transactions has fluctuated downwards. Recently, polyester factories have not produced goods. The promotion unexpectedly started again, but this promotion is slightly different from the ones in the previous few months.
Since June, international oil prices have continued to rise, and the prices of dual raw materials have increased, resulting in an increase in polymerization costs. Due to cost pressure, polyester filament companies have not conducted preferential promotions in the first week. However, due to cost factors, polyester filament companies’ quotations rose within a narrow range, becoming the first time since April that they have actively raised their quotations, triggering heated discussions in the market.
On the 9th, polyester factories started promotions again. On that day, the average production and sales of polyester filament reached 500%, and the production and sales of some better factories reached 800%. It can be said that the production and sales since June It was the best day, but the promotions of some manufacturers that day were also quite amazing.
Polyester filament breaks the weekly promotion model
Downstream worries about gathering The price of ester factories will increase in the later period
It is understood that the current market outlook of downstream users is gradually diverging. Some users are worried about the expectation that polyester filament stock will continue to rise in the later period, resulting in the recent increase in downstream purchasing efforts. The main point is that some companies have limited production quotations since mid-May, the polyester filament industry has started to decline, and supply has shrunk. In the short term, the raw material PTA is easy to rise but difficult to fall, so it is believed that polyester filament also has upward expectations.
Comparison of price trends of mainstream polyester filament models from 2018 to 2021
The current price of polyester filament is still at a relatively low level. Considering special circumstances such as the epidemic last year, the price trend of polyester filament in 2020 is not used as a comparison target. As shown in the figure above, compared with 2018-2019, the current polyester filament price trend is The stock price is still at a low level, so some downstream users believe that June is suitable for bargain hunting.
The weaving market has quietly changed
Shipping seems to have returned to Jinsan Silver four!
In the past few months, several attempts by polyester factories to raise prices have failed, and downstream weaving companies simply did not buy it. However, as time goes by, this situation is quietly changing. Change is happening. Starting from June, gray fabrics on the market have begun to be shipped one after another.
According to feedback from many weaving companies, the sales of some gray fabrics have been very good recently, and the supply of many specifications is very tight. Most of them are booked in advance, and it is basically impossible to get the goods that are needed temporarily. . Gray fabrics such as four-way elastic, T400, pongee, and nylon are once again selling well, as if they have returned to the peak season of March and April, and even the best-selling varieties have not changed.
Looking at these hot-selling gray fabric types, it is not difficult to find that they are all autumn and winter fabrics. Naturally, the production of autumn and winter clothing will be mainly in the second half of the year. Summer clothing should have come to an end, and many Mainly small batch re-orders. In fact, these fabrics have already been selling well as early as March. With the recovery of the domestic epidemic, the overall textile and clothing industry is gradually picking up this year. The “Golden Three Silver Four” peak season has arrived as scheduled. In addition to imitation silk fabrics, this kind of autumn and winter fabrics are also gradually picking up. Fabrics are already very popular. It can be predicted that the home market of autumn and winter fabrics in the second half of the year will naturally be better than that in the first half of the year, so terminal clothing starts preparations early.
Comparison of start-up of polyester filament and downstream fields in 2021
It is reported that some users have started purchasing autumn and winter orders in advance. Orders from texturing and weaving companies have increased compared with the previous period, and the amount of raw materials purchased has increased slightly compared with the previous period. Among them, the operating rate of circular knitting machines in Shaoxing is 56.24%. It increased by 1.53% month-on-month and 18.01% year-on-year.
In general, as long as the market demand improves, weaving companies can digest part of the inventory and make cash flow healthy again It will play a good role in promoting the entire textile market. However, after mid-to-late June, as the atmosphere gradually heated up, the textile industry was struggling under the influence of policies such as “high temperature power rationing” in Jiangsu and Zhejiang regions, and terminal start-up expectations dropped slightly. By then, the contradiction between supply and demand for polyester filament has intensified, and the market still has expectations for promotions. </p
