Textile City: Upholstery Cloth Rises Sharply

For a week,

The curtain fabrics, window screens and sofa fabrics mainly made of polyester filament are reduced in the market, and the layout of new layout emerges in advance.

In the first half of the week, although the number of decorative cloth varieties was less than that due to seasonal factors, the sales volume was steady and fell, but the new type curtain fabrics, cushion and cushion fabrics began to be laid out in the second half of the year.

In the second half of the week, the varieties were launched slightly more than last week.

The trial sale was over last week; in the second half of the year, the marketable curtain cloth began to try the list and enlarged in advance, and the local marketable varieties took the lead in the emergence of repeated pactions in small and medium quantities.

All kinds of woven polyester filament are mainly knitted fabrics in the decorative fabric market.

(curtain cloth, window screening, curtain gauze), sand release (including woven dyed fabric, woven yarn dyed decorative flannelette), cushion cushion (island fiber suede) cloth and other decorative cloth, total sales volume rose sharply compared with last week, compared with the same week last year.

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PTA prices fell sharply, only in four and a half years, from 12400 yuan / ton to the lowest 4380 yuan / ton, the largest decline of 8020 yuan / ton, the price fell 2/3.

With the downward trend of PTA prices, the profits of PTA production enterprises are gradually engulfed, and even a big loss has occurred.

In such a state, PTA production enterprises are relatively limited in coping strategies, and can only passively bear the price drop, and their business goes from bad to worse.

In late July, a shocking news came from the domestic chemical fiber Market: the Far East petrochemical company applied for bankruptcy and liquidation due to its insolvency and inability to repay its due debts.

Although the author does not work in the field of chemical fiber, but also engaged in several years of chemical products research, especially in the beginning of work to study the PTA, PTA has a special feeling, so when we see the fourth domestic PTA production enterprises collapsed, especially the Far East petrochemical employees crying, there is a kind of inexplicable sentimental.

However, we must say that the collapse of Far East Petrochemical is not a good thing for the chemical fiber industry as a whole.

The collapse of Far East is caused by many factors, but the collapse of PTA price is the most important factor.

The main factors that affect the price of PTA can be attributed to cost, supply and demand.

In terms of cost, crude oil prices may remain at $50 per barrel for a long time due to the tight oil revolution.

When crude oil is too busy, don't expect it to save PTA.

Even if the price of crude oil rises, the production cost will also rise. It is uncertain whether the PTA production profit can be raised. The rise of crude oil price is not the "savior" of PTA production enterprises.

In terms of demand, although the economic recovery of the United States is good, Europe and Japan, as important exporters of Chinese clothing, are beset by debt crisis and deflation, and the domestic economy is in pition.

In terms of supply, PTA has serious excess capacity, price elasticity has declined, and the reduction of small-scale production has limited impact on PTA prices. Due to the characteristics of oligopoly in the PTA industry, as long as PTA prices rebounded slightly, the limited production alliance will collapse, so the short-term production restriction can not fundamentally change the pattern of PTA's weakness. The only way to change this pattern is to eliminate enterprises with low utilization ratio of resources or poor funds, and save enterprises with economies of scale.