Polyester Filament: Weaving "Cold Winter" May Come Again

From eight In the middle of the month, most enterprises started the promotion mode. Although some models of products were in large quantities, the inventory declined slightly, and now it is still accumulating. At the end of the month, the production and sales of polyester filament continued to be in general, and the market was currently in large volume with little effect. The downstream market can best reflect the current plight of the textile industry, let's take a look at this week's weaving industry has any good news?

Table 1: profit comparison of polyester filament this week

Data source: Longzhong information

This week, the polyester filament factory is promoting its sales and taking the price and quantity as the clear inventory, POY Profits fell month on month fifteen point four six Percentage points, FDY Profits fell month on month sixty-two point four two Percentage points, DTY Profits remained stable month on month. This week's profits fell sharply compared with last week, eight At the beginning of the month, the polyester filament factories jointly increased profits, but the production and sales were not so good, resulting in high inventory. In the middle of the month, the company began several preferential promotions, and some of the stocks were in a safe position.

Figure 1: change of operating rate of loom types in China

Data source: Longzhong information

As can be seen from Figure 1, the comprehensive operating rate of this week's weaving has slightly increased compared with that of last week. The weaving orders have been partially warmed, and textile footwear and home textiles have recovered to varying degrees. Cashmere fabrics are in demand in winter, mainly used in cotton inner lining and household goods blankets. However, the market is still under great pressure. Although orders at home and abroad have increased, the overall single volume of the market is relatively tight, which is difficult to boost the overall domestic economy. The market reflects two-level differentiation. Due to the restrictions of high temperature and environmental protection, it is difficult to alleviate the load reduction, stop and "start stop" of water jet loom. The start-up of warp knitting machine is at the high level of weaving, rising month on month compared with the same period last year, and orders remain at ten In the vicinity of May, but no actual orders were issued, and the plant started to stay at a low level. In addition, most enterprises choose to advance overdraft orders seven Overdraft ahead of schedule in January, the factory is expected to advance the Spring Festival holiday.

Future market forecast of weaving :

eight At the end of the month, autumn and winter orders for local volume, Haining warp knitting when its first rush to a high level. Most business orders remain at nine Month to month ten In the last ten days of the month, however, the sustainability of orders is not strong, and the downstream texturing, weaving, printing and dyeing are more cautious in purchasing. Although the autumn and winter orders are still expected, but the single volume is still relatively limited, unable to drive the overall market. estimate eleven At that time, if the market lacks follow-up orders to maintain, downstream weaving will return to the cold situation.