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2020/12/21 19:11:00 0

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Recently, with the gradual increase of international oil price, the price of polyester raw materials has also been pulled upward. In the early stage, with the support of good news such as the domestic economic recovery and the vaccination of vaccines in many countries, the rising voice of bulk commodity prices also came one after another, which finally turned to the chemical fiber market.


Especially in recent years, the performance of polyester filament is strong, which leads the increase in polyester varieties, which is supported by the cost side to a large extent, realizing the rise against the trend.


As polyester prices began to hit the bottom rebound, raw material prices have also had an impact on the fabric prices. "Although from the present point of view, the price of polyester in the later stage will probably rise, but we do not predict that the range will be very large. In fact, compared with the rise of raw materials, we still hope that polyester can be stable and not go up and down sharply. Once the upstream raw materials are hot and the downstream fabrics are not kept up, the rise of polyester will become our burden, which is equivalent to weaving low-cost cloth with high-cost raw materials 。” A textile factory owner said.


At present, polyester filament continues to pull up, but the year is approaching, the next rise in the pan or continue to make efforts against the trend? Xiaobian felt that next, polyester rise or will be affected by the following three news.


1. Energy saving and emission reduction, limiting the operation of the film impact texturing machine


Recently, there have been a lot of news about the policies of energy conservation, emission reduction and power rationing in Zhejiang Province, such as "Tongxiang starts the Level-A emergency response of energy dual control and coal consumption reduction", "Hangzhou advocates energy conservation, if the temperature is more than 3 degrees Celsius, the government departments will not turn off the air conditioning", "power failure of factories in Jinhua District of Zhejiang Province has started, energy conservation and emission reduction has begun", "Cixi, Zhejiang Province Chemical Fiber Enterprises Limited electricity for 2 days before the end of this month " It is verified that for the polyester industry, the texturing enterprises have a great impact. Due to the large power consumption of the texturing machines, they are affected by the policy. In recent years, due to the high profit level of the elastic wire, the operation load of the texturing machine is more than 95%. Affected by this policy, it is estimated that the starting load of the local texturing machine will drop to around 80%. The power rationing period of the policy is from the middle of December to the end of the month.


2. Boiler transformation of polyester plant in Xiaoshao area


However, from the end of December to the middle of January of the next year, many enterprises in Xiaoshao area planned to shut down due to boiler transformation. At that time, polyester supply was reduced. Most polyester factories said that the texturing machine maintained normal operation, while the terminal demand decreased at the end of the year. Therefore, the overall supply and demand pattern remained unchanged, mainly affecting the supply of POY and FDY. But boosted by the news, polyester overall supply reduced, is expected to give the market price support.


3. News of early holiday in the downstream


The news of "early holiday" has been heard all the time since November. The report shows that there are no official documents and notices from the government in the fields of downstream texturing, weaving, printing and dyeing. However, considering the trend of the epidemic situation and the uncertainty of economic recovery next year, the terminal sector is cautious about the market in the first half of next year, and most users have started to buy on bargain to do inventory mode by the end of the year Therefore, it is difficult to break through the expected market demand at the early stage after the new year. Therefore, some enterprises said that they would stop work and have a holiday in advance before the Spring Festival. Small and medium-sized enterprises will face a more severe "labor shortage" problem next year because they have no guaranteed source of income after parking for holidays. It is true that labor shortage is not only affected by this. According to the analysis of textile industry, most weaving workers are born after 70 and before 85, and graduates after 85 and 90 mostly choose jobs with good office environment or financial industry. Therefore, the number of workers in textile and other infrastructure is gradually reduced. Therefore, the problem of "labor shortage" will continue, which will affect polyester to a certain extent And the operation of the device in the downstream field.


Judging from the current market feedback, if the price of polyester filament is to continue to rise, either the demand for terminal clothing will be improved, or the upstream support power will be strong enough. Although the polyester filament market is highly concentrated, the market will never escape the "supply-demand relationship". Therefore, the rising space is limited by the recovery of weaving and texturing industries. However, from the current situation, it will take time for the year-end off-season and the impact of the above news to fully rebound.


Of course, there is not much room for the price of polyester filament to fall in the short term. After all, after a long period of price decline, polyester filament has fallen to a very low position. In addition, its own inventory pressure is not strong, and the price or pull-up intention is large.


In any case, entering the end of the year, the market will enter the upstream and downstream game stage, and who wins and who loses remains to be determined!




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