The comparison challenge between #2017 and 2019# has become popular recently!
My friends began to get caught up in the memories and comparisons of the past year or so, so various comparison pictures appeared in the circle of friends…
It hurts my heart ?
This is heartbreaking!
Extended to the textile market, from 2017 to 2019, the market situation has also undergone earth-shaking changes, and the hearts of textile people have also been shattered into glass slag .
In 2017, polyester filament has unlimited glory. Interpreting the “unprecedented” market, the prices are basically above 10,000 yuan. Taking FDY50D/24F as an example, the highest price has reached about 12,000 yuan/ton, and the profit has also reached a crazy level of about 1,311 yuan/ton. The price increase has swept the screen, and the upward momentum is fierce. , the right to speak is concentrated in the hands of polyester manufacturers. Due to the strong increase in downstream demand, the average inventory of polyester manufacturers is as low as 4 days.
In 2019, polyester filament “slumped” and began a downward trend. Especially since the second half of the year, both the price and profit of polyester filament have continued to decline. expand. Taking FDY50D/24F as an example, as of now, the price has dropped to about 8,200 yuan/ton. Compared with the highest level in 2017, it has dropped significantly by nearly 3,800 yuan/ton, a decrease of 31.67%. Similarly, profits are not optimistic. The current profit of polyester filament FDY is in the red, at about -54 yuan/ton. Compared with the high profit of 1,311 yuan/ton in 2017, it has dropped by 1,365 yuan/ton, with a maximum decline of 104.12 yuan. %! The current average inventory of polyester manufacturers has reached a high of 22-23 days.
In 2017, the weaving market was like a motor. Weaving companies were full of orders, stockouts were common, and business was so booming that it seemed like gold was everywhere. Among them, 190T polyester taffeta sold at a “gold price”, rising from 1.3 yuan/meter to 1.7 yuan/meter. The so-called “rag cloth” increased by 4 cents, but was still swept away. A fabric boss once reported that as long as 190T polyester taffeta is in stock, it will be sold out. The machine is constantly weaving but there is no inventory. It can be said that it “flyed up the branches and turned into a phoenix”!
In 2019, the weaving market experienced a “Waterloo”. The market suddenly turned 180 degrees. The inventory of weaving companies reached a maximum of nearly 44 days. It was difficult to find large orders, but the looms were still running. Production and sales were uneven. Enterprises There are many stocks of nearly 10 million meters. The once “Internet celebrities” pongee and polyester taffeta have become rags, and no one even cares about them. They can be seen everywhere in the market. The selling price of 190T polyester taffeta in 2017 is only about 0.9 yuan/meter this year, which can be said to be so low that even the underpants are not left.
It can be seen from the comparison that the textile market How can we use the word “tragic” to describe the changes in the past year or so?
The reason is nothing more than overcapacity and changes in terminal demand. Of course, the unoptimistic foreign trade environment has also “supplemented” the market this year. One knife.” But in general, overcapacity is the biggest cause of poor market conditions this year.
In 2017, environmental protection policies began to be tightened, and rectification of water-jet looms began across the country. Wujiang area is expected to eliminate 100,000 water-jet looms within three years. , causing the market to begin to be in short supply, and it is common for conventional products to be “hard to find”. The imbalance between supply and demand has caused the price of raw polyester filament to skyrocket, and the price of gray fabrics has followed suit. As a result, cloth bosses in Jiangsu and Zhejiang wanted to continue the business of “making money while lying down” and began a large-scale migration of production capacity. They rushed to enclose land in northern Jiangsu, Anhui, Hubei, Henan and other places, and expanded wildly. According to incomplete statistics, these emerging The production capacity of water-jet looms has exceeded the 200,000 mark, far exceeding the eliminated production capacity.
But buying land, arranging machines, and producing do not happen overnight. The market conditions in 2017 and 2018 are still within the expectations of cloth bosses. However, by the end of 2018, peripheral looms began to be put into operation, and the hidden dangers of crazy capacity expansion began to appear. The supply of conventional gray fabrics on the market began to far exceed demand, the price of gray fabrics plummeted, and inventories began to pile up everywhere. Price reduction, burden reduction, selling��� and production suspension have become high-frequency words in the textile market in 2019. The hot-selling products on the market are like a gust of wind, which only lasts for a while. Their sustainability is not long-lasting, and market confidence is lacking.
The textile market industry chain has formed a bottom-up transmission. The downturn in the downstream weaving market has also created a situation where the raw material polyester filament continues to fall. In recent months, the production and sales of polyester filament have exceeded 100 times. In September, the production and sales of polyester filament exceeded 100 times 6 times. In October, the production and sales of polyester filament exceeded 100 times. In November, the production and sales of polyester filament exceeded 100 times. Only 3 times. The price of polyester filament continues to fall, and weaving manufacturers are becoming more cautious about their purchasing methods. The more they fall, the less they buy, and the less they buy, the more they fall. The market has begun to enter an endless cycle.
“This year won’t get any better!” This is the sentiment of most textile people.
At the same time, the “cold” situation in the clothing industry this year and the uncertainty of Sino-US trade have also become “push factors”. The clothing market has encountered a “bottleneck” this year. High inventory and low demand have prevented clothing companies from placing orders blindly. The repeated Sino-US trade has also “ravaged” the textile market. The boss of Yibu revealed: “Although the current Sino-US trade has improved on the surface, we are still not optimistic about the US order. An American customer ordered 40,000 meters of Oxford cloth, and even the cloth was woven, but now it is indefinitely It has been suspended, and the cloth can only be piled in the warehouse.”
For more than a year, the textile market has experienced a “painful period” and wants to return to 2017 The market situation in 2017 is very difficult. In a short period of time, the era of golden gold is gone forever…
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