Monthly Review Of Polyester Raw Materials Market: Polyester, Short, Deep Down, Bottom Finding

Polyester staple market after a brief rebound in November, the December reversal trend fell again, and hit a 5 year low.

The trend of polyester staple is mainly driven by the overall collapse of upstream raw material market.

Dominated by the trend of international oil prices, the polyester market is falling down, the cost of polyester staple fiber has been sinking continuously, and the price of downstream yarn has continued to decline along with polyester and short. The market is trading light, and the demand for short and short staple is mainly just in demand. Moreover, the decline of cotton prices to the annual low level is not conducive to the substitution of polyester and short, and the demand for polyester staple fiber is insufficient.

The upper and lower reaches are scattered.

The situation is difficult to stop.

In the market, the mainstream price of 1.4D direct spinning polyester and polyester fell below 8000 yuan / ton integer in December 10th, and then continued to explore. At the end of the month, it was nearly 7000 yuan / ton integer.

In late days, based on the increase of inventory pressure and the increase of traders' low price goods, etc.

Polyester staple fiber market once again led the whole country, the northern polyester staple fiber was supported by Sinopec's source of goods, the decline was slightly slower, the price was at the national high level, and the north and South prices were once again widen the gap.

The overall mindset of the polyester staple market is empty, the trading atmosphere is bleak, and production and marketing are not ideal.

Downstream cautious watch, buy buy or not to buy mentality, only to maintain small single demand.

Before the new year's day, the willingness to replenish goods is not strong.

Although the price of polyester staple fiber has been constantly decreasing, the cash flow is better.

The overall stock of polyester staple industry has been rising, and the inventory gap has increased. The mainstream stock is in 8-12 days, and a few manufacturers are below 5 days.

At present, the price of polyester staple fiber has been in a historical low position. If there is a major positive stimulus, there may be a possibility of dropping volume. Otherwise, prices will continue to bottom.

Statistics for the whole month showed that the price of polyester staple fiber had dropped by 1040 yuan / ton, or 12.47%, at the end of the month at 7300 yuan / ton (6305 yuan / ton less than the domestic 3128B cotton spot price), the price difference increased by 420 yuan / ton compared with last month, and the price dropped to 8000 yuan / ton under the integer position.

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On the 31 day, 1 Binzhou 200 thousand enterprises in Shandong and Binzhou reflected that the factory only maintained normal production of some production lines. Under the 32S, the general yarn production line only maintained 70% of the starting rate, and the ring spinning and compact spinning were maintained for normal production, with a 100% opening rate.

According to the person in charge of the enterprise, most enterprises in Shandong can not start work at full capacity, especially in the low and medium enterprises, and maintain the 50-60% operating rate.

Compared to November, the operating rate of textile enterprises in Shandong, Hebei and other places decreased by 3-5% in December, compared with 70% in the same period last year, which decreased by 10-15%.

The 1 market participants said that in the whole December, the downstream manufacturers' stocking up was not large enough, the new demand was weak, the cotton mill still maintained the strategy of order production, and the contract started the basic operation. In addition, at the end of the year, the funds were tight and the pressure of repayment was relatively large. The manufacturers' mind was more cautious, and some factories started to ensure that the workers did not lose. Although the overall operating rate this month changed little compared with that of last month, the suspension of small factories in some areas is still serious.

On the same day, a textile manufacturer in Shijiazhuang, Hebei introduced that the 32S of the combed ring spinning produced by the factory is part of the real estate cotton and Xinjiang cotton with 3 levels up and down. At present, it mainly supplies grey cloth enterprises in Guangdong and Jiangsu.

The production of combed ring spinning 32S high-grade fabric bleached yarn, the cotton used for all Xinjiang three or more to three silk cotton, mainly for export and production of high-end clothing.

But in the near future, whether it is medium or low grade yarn or high-grade yarn, it is in a relatively slow situation. Manufacturers' orders are mainly short and small, causing most of the enterprises to increase their inventory.

According to the textile enterprises in Shandong and Hebei, by the end of December, the inventory of cotton yarn with more than 100 thousand spindles was 20-35 days, an increase of 2-3 days from the same period last month.

However, according to the feedback from enterprises, the number of enterprises with very high inventory is not large, of which only 25 of enterprises are in stock for more than 20% days, most of which are about 20 days.

The reason is that this month is the last 1 months of 2014, and near the Spring Festival, manufacturers are reducing inventory and returning funds as the main task. However, the average stock of cotton yarn is rising.

Up to now, Xinjiang cotton market overall weakness, 31 days, Akesu platform 3128 level pick up price 13900-14100 yuan / ton, 4128 class 13400-13500 yuan / ton, the price is unchanged from yesterday.

At present, the number of inquiry textile enterprises in Xinjiang is decreasing, most of which indicate that they will meet the demand in a small quantity.

Some new warehouses in the mainland have been sold, and the price is weak. Among them, the 3128 level price of Shandong warehouse is 14500-14600 yuan / ton, 2129 level 15000 yuan / ton, and the turnover has increased slightly in the recent month.

Real estate cotton white cotton 4-3 class price 12200-13000 yuan / ton, most of the cotton mill has stock, indicating that textile enterprise procurement is not active.

According to feedback from some textile enterprises in Shandong and Hebei, we are still willing to use quality Xinjiang cotton and outer cotton, because cotton has good consistency and three silk.