Changshu Pet Week Review (10-16 July)

The upstream raw material price shock is weak adjustment, and because polyester factory's Polyester stocks are high, the polyester POY market is showing a trend of weakening and declining. DTY production and marketing can go smoothly, and there is profit margin in production. However, after the pre production restriction of FDY, the price of silk has been rising in a small range.

Judging from the trend of polyester market, FDY68D/24F and 75D/36F can barely walk in a week. It is mainly used for warp knitting machines. The market competition of FDY75D big gloss silk is fierce. At present, the market center price is between 8100-8200 yuan and /T, and the price of individual factories falls around 7900 yuan /T.

FDY150D/96F has a certain demand in the big circle machine, and the price trend is a shock adjustment. The center quotation in the market is about 7600 yuan /T.

Viewed from the downstream market, warp knitting and circular woven fabrics market is not big enough, and the warp knitting machine and the circular knitting machine don't have enough start-up rate.

From the current market situation of polyester, downstream weaving is more or less cautious.

There is not much stockpile, traders are not interested in the current polyester market.

Shock adjustment.

Therefore, some market analysts believe that the short term polyester market shocks lingering, do not rule out a staged amplification paction, polyester prices are vulnerable to rebound.

The 150D/144F market in the DTY market is "stable in quantity and price". The main reason is that the supply of Taicang has increased and the market price trend has gone up. At present, the market price is around 8700 yuan /T, while the supply of DTY150D/96F, 288F (fixed weight) market is balanced, and the downstream purchases such as DTY75D/144F, 120D/ 192F have increased, mainly used for producing flannel, short plush and other fabrics. The DTY75D/72F (Network) market has small batch purchase, mainly on the warp knitting machine, producing velvet, flannel and so on.

In addition, due to

Series of fabric shipments slow down, the polyester cotton yarn sales in this market is not large.

Related links:

Spandex prices will continue to fall in the near future, and the overall market of the latter is difficult to improve. According to the law of market value, the continuous decline of prices will force the relevant enterprises to carry out internal reform and reduce production costs. Therefore, a small batch of extensive factories may be shut down and eliminated, and the market resources of spandex can be optimized. After this pain, the market of spandex can be revitalized again and develop towards a healthy and orderly road.

In the first half of 2015, the price trend of spandex fell all the way. The price of 40D spandex dropped 11.97% from January to June, but it fell 40000 yuan / ton in the near future. It continued the pattern of falling from June 2014, and in July, the fall is expected to be very obvious.

The specific market analysis of spandex from January to June is as follows.

1-2 months, due to the close of the year, the downstream textile mills are about to stop production and pay the wig, some of which have been closed, resulting in weak demand, tight capital chain, slow order follow-up, and the uncertainty of raw material market expectations, making downstream factory procurement more cautious, and the entire textile industry has gradually entered the "hibernation period".

In 3-4 months, according to previous experience, it belongs to the peak season in the textile and garment industry. However, the spandex market is not strong in the strong season. The stock of the spandex factory is overstock during the Spring Festival. It is anxious to ship and adopt the strategy of flexible low price shipment. In January to April, the Thai and new village 10 thousand tons project, the 40 thousand tons of white egret chemical fiber, 20 thousand tons of Heng Shen, and 10 thousand tons of production of Xiao star spandex are in succession, the new production capacity is concentrated and the market is oversupply and the trend of the spandex price continues to weaken.

5-6 months, do not need to mention, spandex terminal market demand gradually reduced, the market is generally empty, the focus of the paction gradually downward.

Cause analysis: the essential reason is that spandex manufacturers are in a passive position in the market.

The high price and high profit of spandex attracted many investors. Especially from 2013 to 2014, the price of 40D spandex was as high as 53000 yuan / ton, which has been running at a high level, with a profit of up to 8000 yuan per ton. Since profitable, many spandex projects have been launched and production capacity has increased rapidly, exceeding the growth rate of the downstream business of spandex.

Secondly, there are many reasons, including the more intense competition in the spandex industry, the lower competitiveness of the spandex industry, the low operating rate of the spandex downstream enterprises, the prudent purchasing and the rigid demand, and the MDI and PTMEG market of the spandex upstream material has been running weak and unable to support spandex costs.