The traditional peak season suffered an epic oil price plunge, and the weaving market fell rapidly

Production and sales of polyester yarn continued to slump in March 2020

March 2019 polyester yarn production and sales get rid of "one day" market

In terms of raw materials for chemical fibers, since the resumption of work at the end of February, the production and sales of polyester yarns have been "unhappy", most of the time only 40-50%. On March 9th, the price of polyester yarn, which had been falling, fell again, and polyester factories generally lowered by 100-200 yuan/ton. In recent days, the production and sales of polyester filament yarns in Jiangsu and Zhejiang have been light, with mainstream major manufacturers averaging 20%-30%.

Production and sales of polyester in 2020

On March 8 last year, polyester filament yarn ushered in a wave of price hikes, and finally got rid of the "one-day tour" market. In the past two days, the increase in polyester manufacturers has gradually increased. This wave of polyester filament yarn prices and production and sales has officially begun. The enthusiasm for the downstream weaving market has also increased. The average production and sales of mainstream manufacturers in Jiangsu and Zhejiang have greatly increased. Rose to about 170%.

2019 polyester production and sales

The production and sales of polyester yarn can reflect the market situation of the weaving market from the side. Since the low price of polyester yarn in 2019, most of the weaving manufacturers use the "buy and use" method to purchase raw materials, so the production and sales of polyester yarn can also explain the downstream weaving market. Good or bad. The recent sluggish production and sales are mainly due to the fact that weaving manufacturers do not have many orders, and the demand for polyester yarn is not large. New orders are still unsatisfactory, and most small weaving mills said that there have been few recent transactions.

In March 2020, grey cloths were generally sold, and the quantity was reduced.

In March 2019, the grey cloths were queued to pick up the goods, and large quantities were purchased

In the downstream weaving fabric market, affected by the drop in crude oil and the falling price of polyester yarns, the market atmosphere of grey fabric fabrics is also more dignified, and there is a feeling of "still not coming" in the peak season. Although the sales of grey cloths from Chunya Textile, Polyester Taffeta and Simulated Silk were acceptable, the overall trading atmosphere was general. Many textile bosses said that after the start of construction, large orders were missing, the amount of orders was significantly reduced, and even price reduction operations, which caused the textile boss to take orders more difficult than in previous years.
In March 2019, both market goods and order goods began to be purchased in large quantities, and the market gradually increased. The demand for artificial silk products is better. Some manufacturers said that they are busy taking orders and delivering goods every day. The orders can be maintained at least until early April. T400 grey cloths have to wait in line to get the goods, very busy. In terms of prices, due to the advent of the market, some grey fabrics have already gone up in price first.

At present, according to the data monitoring of China Silk Capital, the inventory of grey fabrics for weaving enterprises in Shengze area is about 38 days, and the inventory of grey fabrics has dropped to 34 days at this time last year. It can also be seen from the inventory that the current market is not as good as 2019.

The capacity of printing and dyeing plants heats up in March 2020, the market is flat

The delivery of printing and dyeing factories is tight in March 2019, and the market is busy

Although the surface of the printing and dyeing factory is busy, the actual upward trend is also general. At present, the printing and dyeing operation rate is only about 65%, which is equivalent to the production capacity at the end of December last year, and the delivery time at that time is also 10 days. From the data point of view, since December last year, the market has only continued, and has not risen. The product is not particularly prominent, and it is still the majority of conventional varieties, only the amount of artificial silk dyeing is slightly prominent.

In March 2019, the market of dyeing factories in Shengze area has begun to improve, mainly concentrated in T400, memory-like, high-density polyester taffeta and so on. Flat cylinder products are relatively busy, and the queuing cycle is also lengthened, about one month, especially the dyeing quantity of T400 accounts for half. Even the printing and dyeing markets in Guangdong, Fujian and other places have heard news of rising dyeing fees, grey fabrics lining up, and tight delivery. This year, Guangdong Zhongda Market just resumed trading on March 9. Everything is still recovering, let alone sentiment.

Although the crude oil crash and the PTA and other futures limit did not have a direct impact on the downstream Boss bosses, it affected their confidence in the market. At present, there is no substantial improvement in the upstream and downstream markets, but the epidemic situation abroad has spread, the domestic epidemic situation still exists, the entire textile industry production is affected, it will take time to accumulate, and the market situation will not be able to support the textile economy in the short term.