Recently, the national electricity load and daily power generation have continued to rise, and both have exceeded last summer’s peak in early July. In the early stage, some major industrial power-consuming provinces have already introduced policies for off-peak power consumption. As early as May, the polyester market continued to have expectations in this regard, because equipment in downstream weaving processes such as texturing and air-jet are all high-energy-consuming. . In June, there were also phased power rationing measures in the Shengze area.
You can also see from the notice circulated in the Xiaoshao market below that there is a high probability that downstream workers will be affected by off-peak power consumption from July to September. The regional impact may reach more than 1/3. Still needs attention.
On the other hand, it was recently learned that State Grid Jiangsu Electric Power Company targeted local large electricity consumers The implementation of seasonal peak electricity prices from July to August will cause the electricity price for the textile industry in the region to be 0.1 yuan/kWh higher than the peak electricity price.
This round of power rationing and rising electricity bills will have a negative impact on the textile and chemical fiber market Impact?
Xiaoshan, Zhejiang, which has implemented “power rationing” measures this time, is one of my country’s three major chemical fiber industry bases and has the reputation of a “famous chemical fiber city”. The chemical fiber industry is a relatively important industry. There are many polyester and textile factories in the area. For example, Hengyi Co., Ltd. and Rongsheng Group are the leading companies in my country’s chemical fiber industry. It is understood that in 2018, there were 374 chemical fiber companies above designated size in Xiaoshan, including 2 companies with annual sales of more than 10 billion yuan, and 5 companies with annual sales of more than 5 billion yuan. In 2016, the sales output value of the textile and chemical fiber industry in Xiaoshan District reached 96.5 billion yuan, accounting for 1/3 of the total industrial sales output value above designated size in the district.
Of course, for now, this round of power cuts may have some impact on enterprises in Xiaoshan area, but the current weaving operating rate in the area is relatively low, while the operating rate of surrounding clusters is still at In the upward channel, the impact on polyester supply is relatively limited. However, it can also be seen from the notice that there is a high probability that downstream construction work from July to September will be affected by peak power consumption. The impact in local areas per unit time may reach more than 1/3, which will drag down the construction work in Jiangsu and Zhejiang to a certain extent. Load drops. At the same time, according to the tradition of previous years, with the further impact of extreme weather such as high temperatures and typhoons, some cluster markets in Jiangsu and Zhejiang will also face power restrictions and other production restriction measures, so a drop in the later start-up rate is still a high probability event. Therefore, the increase in demand for polyester will cause major obstacles.
In the later stage, as August approaches, textile factories will be in a seasonal shutdown state. By then the demand for polyester may shrink. At present, the continuity of orders from terminal weaving factories is acceptable. Data shows that as of this week, the comprehensive operating rate of chemical fiber weaving in Jiangsu and Zhejiang is 71%. In the near future, autumn and winter orders from downstream dyeing plants still dominate, and effective domestic trade orders are optimistic. It is expected that the overall short-term supply and demand pattern will remain stable, and subsequent terminal weaving operations may show a slowdown trend after August.
Considering the uncertainty of the recent epidemic situation, terminals have begun to be cautious about the Gold, Nine and Silver Ten markets. Recently, some companies have been stocking up at low prices. It is foreseeable that the downstream market We are already faced with the pressure of rising electricity costs in the off-season, coupled with unpredictable environmental protection, power rationing, and production suspensions. This will undoubtedly have a greater impact on the normal production and order delivery deadlines of textile companies, which is not only equivalent to textile bosses. To make matters worse, it pours cold water on the current hot polyester market! </p
