Buy Fabric Fabric News Price increased? Turn-on rate regressed? What’s going on!

Price increased? Turn-on rate regressed? What’s going on!



Needless to say, the recent textile market has made everyone feel like a mirror. Since crude oil fell sharply, it has returned to a stage of steady rise. Now faced with the high oi…

Needless to say, the recent textile market has made everyone feel like a mirror. Since crude oil fell sharply, it has returned to a stage of steady rise. Now faced with the high oil prices, our hearts have become numb. After all, the entire market is now troubled by the epidemic, demand has shrunk sharply, and production cuts and shutdowns have continued.

The price of polyester yarn increased slightly from last week

Oil prices rose as the market raised concerns about crude oil supply due to the impact of Saudi oil. As of the 25th, WTI rose 1.56 to 113.9, and Brent rose 1.62 to 120.65. PTA also rose slightly, closing at 6,262 yuan/ton, an increase of 0.87%. Affected by the rising trend of crude oil prices and PTA and other raw materials, the price of polyester filament has increased slightly compared with last week. As of Friday: The central quotation of DTY150D is 9850 yuan/ton, which is 150 yuan/ton higher than last week. The central quotation for POY150D is 8,320 yuan/ton, an increase of 290 yuan from last week.

Production and sales are sluggish, and parking and maintenance are increasing.

However, in addition to continuous promotions by manufacturers and the rare need for downstream users to replenish their inventory, production and sales have continued the previous downturn. For polyester filament, cost support appears to be relatively weak. According to statistics from Silkdu.com, the overall inventory of the polyester market is now concentrated at 22-26 days; in terms of specific products, POY inventory is around 22-28 days, FDY inventory is around 19-22 days, and DTY inventory is around 19-22 days. Around 23-26 days.

Affected by the epidemic across the country, market transactions can generally be said to be light. Except for the necessary replenishment of stocks, in fact, demand continues to be weak. Under the pressure of inventory, some polyester manufacturers have begun to reduce production or shut down for maintenance. Although the price of polyester filament is still strong, it is expected to be difficult to maintain in the long run. The trend of short-term production and price guarantee of polyester filament, after all, the recent recovery in the downstream market is illusory. It cannot recover in the short term. According to incomplete statistics, 1.54 million tons of polyester filament equipment is expected to be shut down for maintenance in mid-to-late March.

The weaving market has deteriorated, and the peak season for dyeing factories is no longer available.

From January to February 2022, the fabric market of China Textile City achieved a turnover of 23.328 billion yuan, a year-on-year decrease of 33.27%. According to the latest data, sales of apparel fabrics are still showing a slight decline in sales in consecutive days. Among them, the transaction prices of polyester-viscose fabrics, polyester-spandex fabrics, viscose fabrics, nylon-cotton fabrics, etc. fell in varying amounts, driving the price of clothing fabrics to fall slightly. Nowadays, the entire gray fabric market is in a state of oversupply, and it is very difficult to raise prices. Most manufacturers of conventional products are selling at a loss. After all, high costs and high inventories have increased operating pressure and made profits uncontrollable.

Judging from the weaving start-up rate in Jiangsu and Zhejiang, the current weaving start-up rate in Jiangsu and Zhejiang is 67%, a decrease of 5% from last week. Compared with previous years, it can be said to be a far cry from it. In addition to the decline in the weaving market, dyeing factories have also deteriorated. Logically speaking, the peak season of dyeing factories will be slower than that of weaving, because the printing and dyeing cycle is longer than that of weaving. This is why the weaving market has been declining before, but dyeing factories still have dyeing costs. Rising prices, liquidated positions and even expedited orders have appeared.

But now, the operating rate of printing and dyeing factories is about the same as that of weaving. According to data monitoring from Silkdu.com, the current operating rate of printing and dyeing factories in Jiangsu and Zhejiang is around 68%, which is 5% lower than last week like weaving. %about. It can be said that after the weaving market became flat, the dyeing factory had to end its peak season early.

In general, it is already the end of March, but the peak season of gold, silver and silver seems to have never appeared. In fact, many major provinces are now affected by the epidemic, transportation is blocked, resources are difficult to mobilize and digest, and many cities are forced to enter a “slow life” state. Whether it is polyester, weaving, printing and dyeing, or even clothing, they are all affected by this. It is still difficult to get better in April.


</p

This article is from the Internet, does not represent 【www.buyfabric.net】 position, reproduced please specify the source.https://www.buyfabric.net/archives/24399

Author: clsrich

 
TOP
Home
News
Product
Application
Search