-01-
The lower the price, the less likely I am to buy it.
horrible! PTA flooded! ! !
It’s true that how sharply it rose in the past, it’s how sharply it has fallen now!
As soon as the market opened in the morning, PTA plunged directly, and the downward trend seemed to be reaching the limit!
Staple fiber, EG and other products are also all green!
With the collapse of raw materials, the market price of polyester filament has also fallen sharply this week. As of yesterday, the weekly average market prices of POY 150D/48F, FDY 150D/96F, and DTY 150D/48F in Jiangsu and Zhejiang regions were 8,980 yuan/ton, 9,450 yuan/ton, and 9,900 yuan/ton respectively. The weekly average prices were -3.28% higher than last week. , -1.82%, -4.35%.
The average inventory of polyester filament lasts for one month, and some even reach more than 2 months. In terms of specific products, POY inventory lasts to 27-32 days, FDY inventory reaches around 22-28 days, and DTY inventory reaches 26-28 days. about. If the decline in raw materials continues, the market is still expected to have sales promotions near the end of the month. However, current terminal demand continues to be sluggish. Even if there are sales promotions, there is a high probability that production and sales will be low! The road for companies to destock their warehouses is becoming increasingly difficult and getting slower!
July-August is the traditional low season for demand. From this perspective, the supply pressure of polyester filament has become increasingly prominent, which may be even more difficult!
The user’s mentality of buying up or down will remain unchanged forever! ! !
-02-
This silk is amazing
A surge of nearly 1,800 in one day!
You may think that the editor is crazy and talking nonsense. How can this bad market rise like that recently?
It’s not the resurrection of spandex!
I never expected it, but it really does exist. It is definitely not the former king of spandex, but the new king of 2022-industrial polyester yarn!
Let’s take a look at how they have increased their prices:
The price of Hengli chemical fiber polyester industrial yarn ordinary high-strength yarn will be increased by 1300 yuan!
Zhejiang Jinhuite polyester industrial yarn quotation increased by 1100 today!
The price of Zhejiang three-dimensional polyester industrial yarn has increased by 1150 yuan!
The price of ordinary high-strength polyester industrial yarn from Zhejiang Hailide has been raised by RMB 1,100!
There are also many factories that choose to close the plate directly! Sales suspended!
On the 22nd, the daily average price of industrial yarn jumped directly from 10,400 to 12,150, a sharp increase of 1,750 yuan!
Can you believe it? Dare you imagine?
In fact, all factories still want to recover some costs!
Or because the processing fee continues to be low, the factory decided to raise prices intensively. However, the downstream is more resistant to high-priced supply. There are few high-priced transactions in the weekend market, and there is a market price but no market!
Expected, soon
The industrial yarn industry may also follow the survival policies of the steel, coal, and coking industries next door!
Adhere to the principle of no production at a loss and no sales without profits, comprehensive production restrictions and suspension of procurement!
Now is really the darkest moment for the industry, as if every company is on the verge of bankruptcy…
Life is difficult for a small factory, and even harder for a large factory. But how long will it take to survive such a life?
Now the only hope for the entire industry is this:
Device dynamics:
1. It is reported that a 200,000-ton polyester device in Xiaoshan is scheduled to be shut down for maintenance starting from the 25th. The maintenance is expected to take 25 days. The device will mainly produce polyester filament.
2. A 200,000 tons/year polyester plant in Changle, Fujian Province was restarted yesterday and is scheduled to produce silk on July 1.
3. Another 200,000-ton polyester device in Xiaoshan is scheduled to be shut down for maintenance in the near future. The device will mainly produce polyester filament.
Comprehensive overview:
Cost performance is still poor. Polyester filament yarns were on discount yesterday. Many downstream and terminal companies just need to replenish their stocks, and the improvement in production and sales is relatively limited. It is expected that polyester filament yarn will show a narrow adjustment trend in the short term.
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