Polyester Stock Pressurization, Polyester Filament Profit Shrinking Market Expectation Market Turning Point

Since its entry into the "golden nine silver ten" market, the polyester market has been sold for hundreds of millions. In October, more than half a century has passed, but the mainstream production and marketing are almost 100 times, and the sustainability is very short. Most of them are "one day tour" market.

Do you think the polyester filament Market in this period is low production and marketing? Let's look at this inventory and profit. It's really a heart attack!

Stock, cool!!

Because of this time, the mainstream production and marketing of polyester is not satisfactory; and from the supply side, polyester filament has little change in supply, and the average load of polyester is around 90%. This resulted in the supercharging of polyester manufacturers. From the statistics of China's silk net, the overall stock market of polyester market has increased to 16-25 days now. In terms of specific products, POY stocks are up to 8-12 days, FDY stocks are close to 14-19 days, while DTY stocks are about 22-27 days.

Profit, cool!!

From profit to loss, there is only one step away. In recent years, polyester filament products have shrunk in profitability. In particular, FDY products are losing money again and again, and FDY 150D has lost nearly 78 yuan / ton. POY and DTY products are also lingering around the profit and loss line.

You think it's over? In the near future, the market of polyester filament is really "the leakage of the house and the rain at night."

PTA fell below 5000 points!

Since the second half of the year, the PTA market has suddenly changed its style. No matter what good news is on the market, PTA is not going to raise its price. Even if some unexpected incidents have gone up a little, it will not be long before it falls back. PTA futures prices once hovered around 5100 points.

However, in recent days, the decline of PTA futures has fallen through 5000 important positions. As of 15 on October 21st, the closing price of PTA futures 2001 contract fell to 4852 points, and spot prices also weakened. This cost impact on the polyester filament market.

Ethylene glycol wail!

Although the market of ethylene glycol was quite vigorous in September, the price was also strong and upward, and the overall performance was good. But since October, the market has gone down sharply. The traders' mentality is cautious, wailing wait-and-see, and the overall holding intention is weak. As of 21 days, the 2001 main contract of MEG of big business center fell to 4515 at the end of the contract, and the spot price dropped to 4650 yuan / ton.

This "silver ten", for the polyester filament market, seems a bit ahead of the winter. But don't lose heart. Finally, in the near future, there is good news coming from the downstream weaving Market.

First, autumn and winter fabrics are heating up, orders increase by 50%.

It is reported that after the first ten days of October, the textile market has changed significantly. The fabric in autumn and winter has gradually increased, and the delivery of conventional chemical fiber fabrics has increased. According to the survey of China's silk net, more than half of the respondents said that orders had been heating up at the recent stage. For example, a Shengze industry and trade integration enterprise which is mainly engaged in Chun Ya spinning and nylon spinning is now able to finish the list at the end of the year. Domestic trade is exported to Beijing, Shanghai and Guangzhou, and foreign trade is exported to Pakistan. In October, orders increased by nearly 50% single volume.

Two, looms start up rate, high inventory decline

According to the monitoring data of Chinese silk net samples, the opening rate of water jet and air-jet looms in Shengze has increased to about 90% at the recent stage, which has picked up earlier than before. In addition, with the market driving, the backlog of high inventory pressure has finally eased. According to the data of Chinese silk net sample, the grey cloth inventory in Shengze is about 38 days, and the stock days have dropped down compared with the 40 days before.

Now, the weaving Market is looking forward to the "double eleven" and "Christmas season" can become the turning point of the market. Why is it not the "expectation" of polyester filament?