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    Pure Polyester Yarn: Facing The First Wave Of "Gold September", It Remains Motionless.

    2019/9/9 11:46:00 0

    Pure Polyester Yarn Market

    According to past experience, since late August to mid autumn festival has been the traditional peak season for textile industry, double eleven, Christmas is coming, and the hot weather has passed, no matter the factory's production environment and order situation, will be significantly improved over the previous period. But so far this year, the familiar market has not reached the expected date. Although the raw polyester staple fiber has risen slightly in early September, the price of pure polyester yarn has remained motionless.



    Earlier this month, multiple benefits boosted the market. There were variables in the geopolitical situation, China's overall economic data and the global trade climate. This is boosted, crude oil prices rebounded sharply, polyester raw materials PTA, ethylene glycol futures are also warm adjustment, driven by rising raw materials, and this time from the last time the focus has been more than half a month, downstream and terminal plant overall purchasing enthusiasm has picked up significantly, polyester and short factory overall production and sales data improved, polyester field short talk center slightly explored.

    However, the rise in raw material prices is only a flash in the pan and has not led to the trend of pure polyester yarn prices. During the week, the PTA factory installation load increased and the supply increased, which was expected to drag down the spot price trend of PTA, and the terminal orders did not improve significantly. At the close, Fujian's regional T32S mainstream tax talks focused on 11600-11700, while the T21S tax mainstream factory price in Xiaoshao district was concentrated at 11200-11300, and Jinzhou's tax free talks were concentrated around 10800, priced in terms of quality. (unit: yuan / ton)

    In the later stage, the situation is still not optimistic. Whether the market can be reached in the peak season is still an unsolved mystery.



    As far as the survey of terminal weaving is concerned, as of this week, the situation of water jet loom fabric supply exceeding demand still exists, and the price changes of factories are still not as good as expected. At present, most orders are dominated by urgent orders and small orders. The trend of large single start is more intense than that in the industry. The orders for large circular machines in Zhejiang and Guangdong regions have improved significantly, and most of the company orders have been scheduled for delivery. At present, the opening rate of large circular machines has increased to 7. However, the number of orders accepted is not as good as expected, and most of the enterprises' scheduled orders can only be extended to mid September.

    On the macro level, it will also have a certain impact on the market. At the end of August, China and the United States continuously released information that would impose tariffs on each other to a certain extent. However, at 9 a.m. on September 5th, the Sino US economic and trade consultations took the lead in both sides. The two sides agreed to hold the thirteenth round of high-level Sino US economic and trade consultations in Washington at the beginning of October. The spokesman for the Ministry of commerce also said that the thirteenth round of Sino US economic and trade consultations held in early October will strive for substantial progress. Whether the macro trend is good or bad is still unknown, but it will definitely have a significant impact on downstream demand and product trend.

    And from the raw material trend, or will have a certain boost to pure polyester yarn, PTA a big factory plans to repair its 2 million 200 thousand tons of equipment in mid September, and the new Feng Ming Dushan energy 2 million 200 thousand tons new installation is now postponed to October put into operation, supply reduction is expected, polyester factory started to gradually improve, PTA trend will be supported, and after the initial volume, factory inventory generally dropped to low, polyester short market prices easy to rise or fall.

    However, the terminal demand is still not good enough. The weaving industry is facing severe polarization. Regional and large-scale enterprises are holding orders, and have started to rise steadily. Small and medium-sized enterprises have little orders, and start to linger in the low position or even stop for a long time. Under the dispute of Global trade, a large number of foreign trade orders have been stranded, and now they have been transferred to Africa, Southeast Asia and other regions. Downstream factories are biased towards wait-and-see sentiment. Even though the price of polyester staple fiber has risen, the difficulty is still relatively large.

    Above all, after September, the demand for terminal is not as good as expected, and the order quantity is not enough to maintain the start-up and commissioning of the conventional varieties, resulting in high inventory of grey cloth at present, and the shortage of funds in weaving enterprises is difficult to change in the short term. The trend of partial heating at the end of raw material has little effect on the price of pure polyester yarn, but the pressure of weaving enterprises can not withstand the rising price of upstream raw materials, and the pure polyester yarn market is mostly dominated by shock finishing. As the Mid Autumn Festival approaches, the watershed of the traditional season is approaching. The demand for pure polyester yarn is 3-4 lower than that in previous years. According to past experience, there is still concern about whether there will be big demand in September.

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