After entering December, the polyester market ushered in a wave of huge fluctuations.
With the convening of the G20 Argentina Summit, the polyester market received a huge wave of positive news. The production and sales of polyester factories once reached 400%, and the single-day increase of PTA reached 5%; later, there was bad news. After hearing the news, PTA fell in response, ethylene glycol changed from the daily limit directly to the lower limit, and the production and sales of polyester filament also dropped below 100%.
The polyester market is turbulent. What is the performance of the downstream weaving market in December?
Towards the end of the year, orders have decreased and profits have fallen
After November, as winter orders gradually increased, the weaving market was tepid compared to September and October. Fire conditions have improved slightly. Entering December, what is the order situation in the weaving market?
Wujiang Zhikun Textile Co., Ltd. mainly operates jacquard and pongee series. Shan Hailou, manager of Zhikun Textile, said: “Whether it is the order quantity, profit or gray fabric price, December this year is better than November There has been a significant decline in each month, mainly due to the lack of orders in the market near the end of the year and the increase in raw material prices. Currently, if you receive a new order, plus the time to go to the dyeing factory, it only takes 10-15 days to ship the goods. , much faster than when we were busy in the first half of the year.”
“Currently, the orders in the factory are average. Due to the phenomenon of selling goods in the market and the recent increase in raw material prices, the profit of gray fabrics is not very good and the market is relatively bleak.” Manager Zhang from Wujiang Chunhao Textile Co., Ltd. said.
Suzhou Yingwu Textile Co., Ltd. mainly produces four-way stretch, viscose series, anti-static lining and other products, Manager Ma of Yingwu Textile also said : “The order volume in December was smaller than before, the price of raw materials was higher year-on-year, and product prices were difficult to rise, so the profit margins did not improve. The main reason was that the raw materials rose too fast before, which suppressed the market all at once, and then looms from other places Too many, causing conventional varieties to be unable to run.”
It can be seen that as the time approaches the end of the year, the number of orders in the market is also decreasing. Coupled with the recent rise in polyester prices, the increase in peripheral loom production capacity, more intense market competition, and the phenomenon of selling goods in the market, after entering December, not only the number of orders is decreasing, but the profits of gray fabrics are also declining.
What to do before the holiday? Collect money, stock up on goods, and wait for the New Year!
The time is approaching the end of the year, and there are fewer and fewer orders in the market, but textile companies are not less busy at all. What are they busy doing now?
Suzhou Silun Textile specializes in imitation silk products. Jiang Zexun of Silun Textile said that in addition to orders, they will also conduct some spot transactions, so there are no orders when the Chinese New Year is approaching. , they will choose to stock up on some ready-made products, mainly chiffon products.
Regarding this question, Manager Zhang from Wujiang Chunhao Textile Co., Ltd.’s answer is relatively intuitive. There are no new orders before the Chinese New Year. Now the only thing is to complete the orders on hand and then get the money back. . Manager Ye Jindi of Suzhou Linye Textile Co., Ltd. also said that there are not many orders in the market now, and it is time to prepare to collect payment for the New Year.
In addition to collecting receivables and stocking up before the holidays, developing new products for the second year is also a key task for many fabric companies. Fujian Longfeng Textile Technology Co., Ltd. specializes in nylon spinning products. Wang Wuhuan, the manager of Longfeng Textile, said that there are no more orders in the market now. The focus of their company at this stage is to develop new products. They hope to start sales next year. We can get off to a good start in the new year.
It can be seen that as the number of orders in the market decreases, the main work of cloth bosses now is to collect money, stock up on goods, and develop new products, so as to have a good ending for 2018 and to start the next year. So well prepared.
This year’s market is coming to an end, what should we watch next year’s market?
As time goes by, this year’s market has come to an end, and textile people have also begun to pay attention to next year’s market. What factors will have the greatest impact on next year’s market?
Wujiang Chemical Fiber Weaving Factory produces polyester, nylon and other types of fabrics. Mr. Li, a salesman of Wujiang Chemical Fiber, told reporters: “On November 30, the heads of state of China and the United States met at the G20 meeting. Trade frictions have been eased. As one of the major exporters of Chinese fabrics, the United States is one of the major exporters of Chinese fabrics. What agreement can be finally reached on Sino-US trade is particularly important for large weaving companies like them. Therefore, the outcome of the subsequent Sino-US trade negotiations will have a great impact on early next year. The market situation will have a great impact. In addition to the Sino-US trade war, how much production capacity of peripheral looms is put into production is also an important factor affecting the market next year.”
Manager Ma of Suzhou Yingwu Textile also said : “At the beginning of next year, the boss of the field loom will be under pressureIt will be relatively large, because they are expanding production, but demand has not been enlarged, so it can easily lead to an increase in inventory. ”
Because the large-scale production of peripheral looms has caused a huge impact on the weaving market in 2018, if the demand does not improve significantly and a large number of new water-jet looms are put into production in early 2019, then the new This is definitely bad news for the weaving market this year.
In general, the time is approaching the end of the year , the polyester market is booming due to factors such as crude oil fluctuations and polyester factory production cuts. However, in contrast, the weaving market in the second half of this year was originally tepid, and now it has become even weaker. At this stage, Boss Bu The main thing is to complete the orders on hand, collect all receivables for this year, and then stock up at the end of the year in a planned way to develop some new products for next year. Regarding next year’s market, everyone generally believes that the results of Sino-US trade negotiations and the number of new peripheral looms are the two most important factors that determine the market in the first half of next year.
Finally, I wish all textile people a happy 2018 The year has a good ending and the coming year will have a good start!</p
