Recycling Hollow: Where Orders Are Low, Prices Fall, Where Is The Bottom Of The Market?
Introduction: the "golden nine silver ten" hot market is not reflected in the recycled hollow market in 2019. Some market participants hope to enter the November, with the gradual lowering of temperature to stimulate market demand.
At present, after entering the November, the temperature of all parts of the country has indeed declined in our expectation, but the sales volume of recycled hollow and imitation feather products has not improved, and the price has always shown a trend of weakness. Many market participants can not help asking, where is the bottom of this year?
Although temperatures have dropped, demand has not improved and prices continue to decline.
As shown above, the main production area recycling hollow market in the near future continues the light delivery and continuous price trend. As of November 12th, the price of partial 7D/15D and silicon in Zhejiang area was 7500-7700 yuan / ton factory tax, part of the low price in the vicinity of 7400 yuan / ton factory tax; Shandong area 7D/15D plus silicon part of the order in 6300-6500 yuan / ton factory excluding tax, no silicon order price in 6100-6300 yuan / ton factory excluding tax; Fujian area 7D/15D part of the order is 6500-6700 yuan / ton excluding factory. Tax.
According to long data, as of today's closing, the mainstream price of 3D 7D/15D in Zhejiang area dropped to 7500 yuan / ton factory tax, which dropped 1700 yuan / ton compared with the beginning of the year, and dropped to 18.5%. The mainstream price of 3D 7D/15D in Shandong area dropped to 6400 yuan / ton, and the factory did not include tax, which slipped 2000 yuan / ton compared with the beginning of the year, and dropped 23.8%.
Why prices continue to slide?
According to long Zhong information, since September, the recycled hollow market has entered the next channel, which has led to the continuous decline of market prices. The previous few articles have been analyzed in detail. The reasons for the decline can be summarized as follows: first, the domestic demand has shrunk; two, the pressure of re supply of hollow supply is greater, and the quality and price advantages of itself are not great; three, the primary hollow is And the impact of imported goods.
According to long Zhong information, most enterprises in Zhejiang indicated that the demand for recycled hollow three dimension by the end of the year was about 30%-50% lower than that in 2018. Some enterprises said that the shrinkage was 70%, and the time of shipment in the down market was expected to last for only 2 months, roughly in October and November.
Where is the bottom of the market?
According to long Zhong information, since September, many market participants are more concerned about this problem. But today, the market price has fallen over September, fell over October, and ushered in the fall of November, but the bottom price of the market is still blurred and unpredictable.
In view of the background of low oil prices, the growth of raw hollow staple fiber and the expansion of raw materials, the competitive advantage of the primary hollow market will be more obvious in the next few years, but the pressure on the domestic economic situation, the serious excess of domestic regeneration hollow capacity and the severe export situation will leave the market to the recycling hollow market in the next few years. There is no doubt that the thorns are thick and the bottom of the market may be touched for a short time.
In 2019, it was an imprint year for the recycled hollow market. Numerous market participants once said, "this year is the worst year in the last decade." but for the next few years, this year may be the best year for the recycling hollow market. Perhaps after several years of capacity and structural adjustment, the regeneration hollow market will usher in a good prospect. After all, the industry prospect of the recycled plastics deep processing market is always good.
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