The curse of waiting until promotions start may start again at the end of the month! Will polyester factories seize the last chance at the end of the month? If the downstream does not stock up, then this year will really be over!
In the past month, the price focus of various products in the polyester filament market has plummeted, and price drops have become the norm. Two months have passed in the blink of an eye since the polyester promotion started at the end of October. If polyester factories want to increase sales, they can only The goal is achieved by constantly shouting for promotions. In many cases, no one is willing to buy into the promotions. However, the recent promotions seem to be more effective than they were in November. As can be seen from the polyester production and sales trend chart in Jiangsu and Zhejiang, polyester yarn The overall production and sales show a pulse-like trend, with production and sales mainly rising in one day. Since December, the one-day sales of production and sales have coincided with the sales promotion days. This has led most weaving companies to choose a purchasing strategy of on-demand purchasing, waiting for polyester prices to fall again.
At the same time, polyester factories seem to be helpless in this curse. Due to shrinking profits, mainstream factories have recently raised prices slightly to save some products. However, downstream companies are not paying for this, especially in the current weaving market, which is also unsatisfactory. , at the end of the year after entering December, the terminal clothing industry has placed fewer orders. According to market research, the current order volume is no longer as good as the order volume in November, and textile companies will also consider delivery dates as the Spring Festival holiday approaches. We will mainly accept small and medium-sized orders as appropriate. According to monitoring data, the inventory of woven gray fabrics in Jiangsu and Zhejiang is about 32.5 days. The inventory is rising and the market is not good. The inventory in the downstream is likely to continue to be high in the year ahead. Therefore, even if the raw material inventory of some weaving factories is about to dry up, in response to this round of price increases, it is better to wait and see and wait for promotions!
Deserted production and sales are followed by a rapid accumulation of polyester factory inventories. From an inventory perspective, polyester filament inventories are at a high level in the past five years. In addition, downstream companies have brought their holidays ahead of schedule, and polyester filament yarns are facing subsequent shortages. Greater sales and inventory pressure.
What also cannot be ignored is that although the market has been relatively stable since December, it has not been able to make a breakthrough. Therefore, when the price falls into a low range again, the market’s bottom-buying mentality has also become very keen. It is understood that with the gradual stabilization of upstream raw materials, polyester yarn profits have returned to the low range. The profits from over 1,000 yuan in October have dropped to double digits now. As of December 17, the profits of polyester yarns with regular specifications are: The profit of 150D FDY is 178 yuan/ton, the profit of 150D POY is 308 yuan/ton, and the profit of 150D FDY is 78 yuan/ton. As a result, downstream traders and traders may be able to replenish their positions at low prices at the end of the month.
Polyester filament yarns have been “falling and falling” recently, and market traders have begun to pay attention to bargain hunting opportunities. Based on the current supply and demand and the two sharp rises in the year, the cost-end guidance may not be obvious in the short term. The supply and demand side dominates, and the polyester filament yarn market may have promotions. It is expected that the market price will not improve significantly before the year.
Furthermore, it is rumored that polyester factories will start promotions again in the past two days. If the recent price cuts are not enough and the downstream does not pay the bill, a large number of weaving companies will face the Spring Festival holiday next month. I am afraid that even the promotions will not be successful by then. The effect, guess, is whether the polyester factory will seize the last chance at the end of the month?
</p
