Hebei, Henan, Henan Province Enters The Spring Festival Holiday Countdown
At present, there seems to be no market quotation in the textile market of Hebei, Shandong and Henan. It has entered the countdown stage of the Spring Festival holiday, with the exception of individual delivery periods.
Order
In addition, the shipment of the remaining stock varieties is very few.
Stock up
Sign.
Employees from small businesses in Henan and other places have returned home, and some local sales outlets are still sticking to it.
The vacation time for large and medium-sized textile enterprises can basically reach 4-5 in February, and the holiday is about 10 days.
The long distance pportation also comes the news, from today, the long-distance pportation pit station has already started the vacation, if has the small tonnage cargo pportation to increase the expense, then the big vehicle delivers directly,
This has limited the volume of shipments, so some enterprises choose to stop production earlier this year.
To be on holiday
It also takes into account the fact that the pport industry before the holidays is earlier than before, and that the cost of pportation and pportation is increasing during this period of time.
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Since 2015, due to the continuous optimization of industrial policies, the opening of stock cycle, the decline of cotton quality and the impact of imported yarn, cotton prices are at the bottom of the market, and the imbalance between supply and demand is the main reason for the price decline.
From the US cotton supply and demand balance sheet released in December by the US Department of agriculture (USDA), we can see that China's final inventory in 2015 is 14 million 160 thousand tons, but consumption is only 7 million 80 thousand tons, and the inventory consumption ratio is as high as 200.06%.
At the same time, downstream yarn in recent years, with the import yarn to seize the market and demand is not strong, prices continue to decline.
Viscose staple fiber since the beginning of March 2015 nearly 10 years of low bottom rebound, after 7 months rose 3000 yuan / ton, more than 26%.
The main reason is the improvement of viscose staple supply pattern. After adjustment in recent years, the growth rate of viscose staple fiber began to slow down in 2013, and the growth rate in 2015 was even lower to 5.2%.
Moreover, the environmental constraints were more stringent in 2015, and the supply side decreased significantly. In March, the closure capacity involved more than 20 tons, accounting for 5% of the total capacity of 2015.
The demand for weaving and wearing continues to slump, the decline of spandex and polyamide is still further expanding, acrylonitrile production capacity is increasing too fast, and the surplus situation is aggravating. This industry chain has dropped directly from the top of last year's list to the end of 2015, especially when the price of PTA industry chain is below 5000 yuan / ton. In April, the two explosion accident lifted the market in a short time, but it was only a flash in the pan, and the price continued to refresh its historical lows.
Up to now, China's PTA has an excess capacity of about 15 million tons. In this context, the drop in capacity, the slow release of new capacity, and the low maintenance rate of the industry are prominent.
Upstream international crude oil prices accelerated decline, the US crude oil futures contract fell to a minimum of 34.53 U.S. dollars / barrel, exacerbating the plight of the PTA industry.
In the lower reaches, polyester is affected by low cost, excess supply and low demand.
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