It is April, and the two major sectors of the weaving market, domestic demand and foreign trade, have not yet recovered. The prices of upstream raw materials have fallen, and the inventories of weaving manufacturers have been helplessly devalued. This will inevitably increase the determination of weaving manufacturers to clear their inventories. On the one hand, it is to withdraw funds, and on the other hand, it is to reduce operating risks.
Today’s distorted supply and demand market affects price trends. In fact, from a point perspective, price is determined by supply and demand; from a line perspective, supply and demand are affected by price. Among these two entangled factors, weaving manufacturers can be said to act based on the “face” of the market. Before the demand season has really arrived, manufacturers operate more conservatively, and the industry’s operating rate is relatively low.
Recently, it has been discovered that clusters have both commonalities and differences. Specific market performance:
Comprehensive analysis of major domestic weaving production bases The startup rate was 74.68%, an increase of 0.53 percentage points from the previous month. Recently, weaving starts have been relatively stable, with some slight increases. Most of the terminal orders are orders from the previous year and orders from the current season. The number of new orders placed is still small. The price of gray fabrics has risen slightly recently. However, the price range of upstream raw materials is limited and the market transactions are sporadic. Currently, the downstream weaving mills are facing serious problems. Recruitment is still a problem, and the insufficient number of jobs directly makes it difficult to quickly increase the number of jobs started.
Circular knitting machine: The average operating rate is 62.40%. The operating rate of circular knitting machines in Shaoxing is 61.71%, and the operating rate of circular knitting machines in Guangdong is 63.08%. The operating rate of circular knitting machines continued to rise this week. Some factories reported that new orders (in Southeast Asia) after mid-March were better than in the previous period. In addition, employees gradually returned to work, and the market atmosphere was better than in the previous period. However, overall, the differences between local orders and start-up remain the same. The operation of larger and large factories (with 200 circular knitting machines and above) has increased to 80% and full capacity, but small circular knitting machines (50 machines and below) still report that the raw materials (spandex, polyester, yarn) are chaotic and new Order negotiation remains difficult. However, it is undeniable that knitted gray fabrics have obvious profit advantages over woven fabrics, and manufacturers are more motivated to produce in the short term.
Air-jet loom: The average operating rate is 83.00%, and the overall transaction volume of woven fabrics is average. R45S air-jet fabrics in Zhejiang are shipped without tickets at a price of 3.65-3.7, and rayon fabrics are shipped in high-density areas. The pressure on goods has increased, so the intention to have a Qingming holiday has increased. However, according to Longzhong’s understanding, most weaving companies in Gaomi areas still plan to stabilize production during the Qingming period. Occasionally, some companies have holiday plans, but this phenomenon is not prominent.
Water-jet loom: the average operating rate is 83.86%. The overall operating load is relatively high, because the demand for water-jet loom fabrics such as polyester taffeta, pongee, and chiffon is in the spring and summer season. However, the high price of polyester filament has suppressed some demand. Currently, end users are hesitant to place orders. , there is limited follow-up on new orders, and companies mainly deliver early orders. At this stage, the raw material inventory of loom companies is mostly around half a month to January, and some companies have certain replenishment needs after the Qingming Festival. Specific to each region, the average operating rate of water-jet looms in Shengze area is 80.24%, and the mainstream operating rate is around 80-90%, with some being as high as 90-100% and some as low as around 70%; in Changxing area, the operating rate of water-jet looms is around 80.24%. The average power-on rate of machines is 94.30%, and the mainstream power-on rate is around 90-100%; the average power-on rate in northern Jiangsu is 77.03%, the mainstream power-on rate is 70-80%, and some are as high as 90-100%.
Warp knitting: the average opening rate is 69.35%. The average operating rate of warp knitting companies in the Changshu area is 72.16%. Local orders in Changshu show a two-level differentiation. Most companies’ orders are still low within a week, and the orders of high companies are around the end of April to early May, and most of them are orders from neighboring countries in Southeast Asia. Mainly, according to feedback from downstream users, most of the orders are from a year ago, and the profits are close to the margin. However, considering the maintenance of old customers, the losses can only be paid by oneself. The average warp knitting start-up rate in Haining area is 73.81%. Current orders for spandex super-soft are still greatly affected by upstream spandex raw materials, and prices are still at a high level. Buyers and sellers are temporarily unable to connect due to price differences, resulting in the delay of some orders; Changle area The average start-up rate of warp knitting is 62.38%. During the week, the raw material procurement of weaving factories maintains rigid demand, and most of them consume early inventory. In terms of new orders: there are fewer new orders in April and May, and most of them are in the delivery of early orders. The profit is microblog, and the market is urgently needed. New orders placed in April.
Recently, weaving terminal orders have been divided into two levels. Most companies have reported that the number of new orders is limited, while a small number of companies have placed new orders for circular knitting machines and warp knitting machines, mostly from Southeast Asia. In the early stage, circular knitting machines were affected by the sharp increase in the price of upstream spandex raw materials, which caused orders to be stagnant or even delayed. Recently, spandex prices have been adjusted back, and orders that were stagnant in the early stage have been put into production one after another. Orders from sample companies in this cycle have shown a certain upward trend, but the market in April is still not optimistic. The weak trend is expected to remain unchanged.
From the end of March to early April, most downstream users are in the raw material stocking cycle. Although the price of polyester filament has been strong recently, the downstream replenishment demand has increased, and the inventory of raw materials has increased slightly compared with the previous period. Gray fabrics Due to the limited number of new orders placed, inventory is mostly around 20-30 days old, showing a slight increase compared with last week. Looking forward, as foreign trade factors become more uncertain, the market will still be cautious. </p
