1. Polyester filament has been rising for many days, is the market going to take off? (Popularity: ★★★★★★★★)
Since April, polyester filament has started a weekly promotion model until Last Tuesday, a total of 10 sales were held in just three months. After each promotion, the price will increase slightly on the second day, but overall it has remained stable.
However, a new situation has emerged after the recent promotion. The three-day supplementary increase in polyester filament has gradually made up for the previous decline. On the second day of the promotion, the price of polyester “raised” again. , the promotional price reduction range is 200-300, and the price increase in three days has exceeded 300. This time, it is basically still showing an upward trend!
2. The polyester leader announced a supply reduction plan, and PTA rebounded strongly (Hot: ★★★★★★★)
Recently, polyester raw material prices have been strong, especially PTA, which has rebounded strongly. At the end of the month, two major polyester leaders, Yisheng and Hengli, both announced reductions in long-term contract supply of TA in July. Yisheng plans to reduce long-term contract supply by 30%-70%, and Hengli plans to reduce its long-term contract supply by 50%. The supply reduction plan has a significant boosting effect on the market, and the price of the main PTA contract reached a new high after the year.
3. Four consecutive increases: Spandex rose another 3,000 yuan, and the average price hit 80,000 yuan/ton, July 1 Begin execution! (Popularity: ★★★★★★)
On June 30, a large spandex factory issued another notice that all specifications Another increase of 2,000-3,000 yuan/ton will be implemented on July 1! Generally speaking, the raw material end of spandex has stabilized and rebounded, and the demand from downstream terminals has not decreased. In addition, the third quarter has entered the traditional peak season of the industry. The trend of spandex is good. The current factory inventory is as low as less than 15 days. In particular, the spot supply of fine denier continues to be tight, supporting the strong operation of the market. , and after two consecutive weeks of continuous rise, it can be judged that the early low-price supply has been almost exhausted, and the market may enter a new round of stocking stage. The average price of the four common specifications of 20D, 30D, 40D and 70D in the spandex market has approached the 80,000 yuan/ton mark. As the price of spandex increases, the price of elastic fabrics will also rise!
4. Is it going to rise again? The factory issued two notices in a row, raising the price by 500 yuan per ton! (Popularity: ★★★★★)
Since entering 2021, affected by the rise in international oil prices, June Since the middle of the year, it should have been the off-season for the textile industry, but there has been an abnormal price increase. Not only the price of gray fabrics is rising, but also the costs of labor, additives, raw materials, etc. are rising, putting production-oriented enterprises under pressure.
On June 23, 25, and 28, two printing and dyeing manufacturers in Zhejiang adjusted their dyeing and finishing fees. Starting from July 1, the dyeing and finishing processing fees will be increased by 0.5 yuan per kilogram. , that is, the dyeing processing fee will be increased by 500 yuan/ton.
5. The temptation of a 60.4% increase in home textile market exports: this year, the number of new texturing machines has reached 1,500 ! (Popularity: ★★★★)
The international home textile market demand continues to be strong, and the export of our home textile products to major international markets continues to grow, with the highest growth rate in exports to the US market. From January to May, my country’s home textile products exported US$12.62 billion, an increase of 60.4% over the same period last year and an increase of 21.8% over the same period in 2019. The export scale hit a record high for the same period in the past five years.
As the main production raw material in the upstream of home textiles, the texturing market has also ushered in a bright moment since last year. Texturing belongs to the post-spinning part of the upstream polyester filament and is the direct downstream user of polyester filament POY. Last year, the overall profit of DTY was at a relatively high level. In addition, downstream users are optimistic about the market outlook. This year, the growth rate of texturing machines has expanded. As of July this year, it is expected that the number of new texturing machines will include about 1,500 domestic and foreign brands. In the first half of the year, the terminal weaving start-up was relatively stable. Compared with the start-up in March-April 2019, the difference between the higher start-up and the start-up was about 10%. The terminal domestic and foreign trade orders gradually entered the recovery stage.
6. Hengli Petrochemical’s performance forecast for the first half of 2021 is 8.5 billion yuan, a year-on-year increase of 54.07% (Hot: ★★ ★)
On the evening of June 30, domestic private refining and chemical giant Hengli Petrochemical (600346) released an advance announcement of half-year performance for 2021.
Data disclosed in the announcement show that in the first half of this year, listed companies are expected to achieve a net profit of 8.50 billion yuan attributable to shareholders of listed companies, which is expected to increase by 29.83% compared with the same period last year. billion, a year-on-year increase of 54.07%.
On a quarterly basis, listed companies achieved net profits attributable to shareholders of 4.111 billion yuan and 4.389 billion yuan respectively in the first and second quarters of this year, showing quarter-on-quarter improvements and substantial year-on-year increases. Half-year profit scale also exceeded 8 billion for the first time.�Set another record high, exceeding market expectations.
7. Shipping warning! These countries are “locking down” again! Logistics or extensive delays! (Popularity: ★★)
As the Delta variant of COVID-19 spreads around the world, this New coronavirus variants that have become mainstream in some countries have caught some countries that had successfully controlled the epidemic by surprise. Bangladesh, Malaysia, Australia, South Africa and many other countries have tightened restrictions again and entered “re-blockade”.
8. Plunged 28%, H&M suffered a “revelation in this world” (Popularity: ★)
On July 1, H&M announced its second quarter financial report. Data showed that its second quarter sales in mainland China were higher than It dropped 28% in the same period last year, with losses reaching US$74 million (approximately RMB 479 million). After the financial report was released, H&M’s stock price fell about 2% in European midday trading.
In this regard, the “Wall Street Journal” stated that compared with H&M’s global sales of US$5.4 billion, the US$74 million loss is only a small loss, but in view of its rapidly growing market , but it was a major blow. </p
