The hottest polyester has fallen again, leaving a

2022-10-02
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Polyester fell again, leaving a "underpants"! This time, grey cloth factories will not work.

recently, the crude oil market has encountered a "bloodbath"! Crude oil prices have been falling for many consecutive days since last Tuesday's sharp fall. The sharp fall in crude oil is also a "bolt from the blue" for bulk textile raw materials that have just boarded the "price rise train" and are ready to leave! Domestic PTA main 2101 contract continued the downward trend, and the futures price once hit a new low in the current round of decline in the night trading on the 10th, which pushed the industry development body to maintain a weak position, and MEG main 2101 contract also fluctuated downward

after a warm rise in the early stage, polyester filament recently began to enter the price reduction mode. The decline in crude oil and polyester raw materials has helped polyester, which has been falling endlessly in recent days, continue to fall

the textile factory owner is flustered by "love and hate" for raw materials

under the "devastation" of the market in the past two years, textile bosses can be said to "love and hate" the price of raw materials: what they love is that the current price is really cheap enough, what they hate is that under the sharp rise and fall, buying raw materials has become more exciting than buying stocks. It is understood that some large weaving enterprises that affirmed the accuracy of the impact experimental machine eventually lost millions because of hoarding raw materials according to the experience of previous years

in recent years, polyester production and sales have been difficult to level. Occasionally, polyester manufacturers' preferential promotions can drive a wave of purchase boom of weaving manufacturers, but it will continue for a long time. After all, in terms of this year's market, weaving manufacturers are under great financial pressure, so they are more cautious about polyester purchase. Therefore, buy and use now has become the choice of most textile people. Even if the polyester factory is on sale, we dare not buy more, for fear of big price cuts. The impact of the raw material end on the market price is even more worrying for the textile factory owner

it is understood that at present, the raw material inventory of most weaving manufacturers is mostly around days, which is almost the price in late August, higher than the current raw material price. That is to say, if the price of polyester filament falls again with the decline of crude oil price, the current raw material inventory of the weaving factory will undoubtedly be devalued

for the weaving manufacturers who have been producing with very little profit, this is undoubtedly "icing on the cake"

cloth has been devalued before it gets off the machine! High grey cloth inventory limits profit space

now the raw material market also fluctuates violently, and it is difficult for weaving mills to grasp the right time to avoid the dilution of profits brought by raw materials. At the same time, the market itself still has a deteriorating trend in the later stage

since this year, the delivery of conventional chemical fiber fabrics has not been better. Take polyester taffeta and Chunya textile as an example, except that the epidemic prevention clothing fabric led to the improvement of individual varieties of polyester taffeta and Chunya textile in the market in May, the market has been in a stalemate

in the middle of August, seeing that the transactions of seasonal autumn and winter fabrics such as imitation memory, simian shell, T400, T800, etc. in the market are gradually improving, and the market is moving smoothly, the sales of "polyester taffeta, Chunya textile, and Nisi textile", as the three swordsmen of cold clothing fabrics in previous years, have been flat. Most manufacturers say that production and sales cannot be leveled, and inventories are still rising

it is reported that at present, the grey cloth inventory of the manufacturers of more than 100 looms is two months or more, which means that their products have no pricing power in the market. It can be seen that the situation of "low price" is difficult to improve in September

"recently, we received some orders from Chunya textile at a low price, which are difficult to clamp steel wire rope samples due to loosening force and breaking strength. Now the profit is very low." A manufacturer mainly engaged in polyester taff and Chunya textile said, "the raw materials we bought before are higher than the current raw material prices, and there is no profit. The customers are still pressing prices, and there is no way."

it can be seen that although the lower raw material price alleviates the current raw material cost of downstream manufacturers to a certain extent, the grey cloth already in production has undoubtedly been devalued before it is off the machine. The boss roast that he was satisfied with how much money he could earn per meter of cloth, and most of them would sell at a loss

for the current textile market, the driving role of upstream raw materials is more important when polyester, weaving and clothing are in their own "high inventory" state. Now the bottom space of crude oil is unknown, and it is difficult to continue to promote the construction of innovative cities for many years. Now, with the superposition of bad factors, the signs of market improvement need to be further observed. (source: chemical fiber headband, fabric factory, network)

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