Polyester filament, which has taken off together with spandex, has recently put down its arrogant attitude, ended the continuous price increase, and began to return to the weekly price reductions from April to June. On Thursday, many polyester raw material manufacturers in Jiangsu and Zhejiang clearly lowered their raw material prices by 50-100 yuan/ton. Another factory in Hangzhou lowered its polyester DTY price by 100 yuan. A major mainstream factory in Shengze lowered its polyester price by 100 yuan today. A DTY factory in Shaoxing lowered its polyester price by 100 yuan today. Another POY factory in Xiaoshan lowered its polyester price by 100 yuan…
Compared with the concession of polyester, the price of spandex raw materials is indeed extremely strong, and even continues to rise. After the prices of several specifications of spandex rose by 500 yuan/ton on Monday, spandex prices rose again by 1,000 yuan/ton on Thursday. The frequency of spandex price increases is in line with the price changes in recent months. One or two increases per week have become the normal performance of spandex.
As of August 4, domestic spandex prices have reached a record high. The price of 40D increased by 1.27% to 80,000 yuan/ton. The current market price of 40D in Jiangsu and Zhejiang is 78,000-80,000 yuan/ton, with a price increase of 178%. The price of BDO, the upstream raw material, increased by 2.73%, with a quotation of 28,236.50 yuan/ton, which is close to the highest level in history. Such a fierce rise in spandex will inevitably have a serious impact on downstream fabric prices, and rising fabric prices will also inevitably affect related orders.
Four-sided elastic orders have decreased, and the operating rate has dropped
The number of orders for four-sided elastic in the market is best explained by the busyness of the printing and dyeing factories. Affected by the textile off-season, the recent printing and dyeing operation rate in Jiangsu and Zhejiang is generally around 70%. However, tracking the operating rates of three printing and dyeing factories engaged in the production of four-way elastic fabrics on the market found that their recent operating rates averaged as high as 85%. This shows that the order volume for four-way elastic pairs is indeed much higher than that of other fabric products.
However,continuedtrackingoftheoperatingratesofthesedyeingfactorieswillrevealthattherecentprintinganddyeingoperatingratesaredecliningcomparedtotheprevioustwoweeks,withadecreaseofapproximatelyAround2%-3%.Inotherwords,theordersfromthesedyeingfactoriesaregraduallydecreasing.
Accordingtothepersoninchargeofadyeingfactory,theirfactory’srecentordervolumehasincreasedsignificantlycomparedwithJulylastyear.InJuly,thedailywarehousingvolumeofdyeingfactoriesvariedgreatly,butitwasbasically300,000-500,000metersperday.Asfarasthefactory’sproductioncapacityisconcerned,onlyhalfofthemachineryandequipmentcanbeguaranteedtooperatenormally,butsinceAugust,thedailywarehousingvolumehasclimbedto500,000-700,000metersperday.Anotherobviousfeatureisthatordersforfour-wayelasticproductsaredecreasing,whilehigh-elasticpongeeandT400productsareincreasingsignificantly.
Themarketdemandforelasticfabricshasnotdecreased,buthasincreasedinDaifuku.However,theprintinganddyeingfactoriesthatproduceandprocessfour-waystretchfabricshaveseenasignificantdropinordersandtheoperatingratehasdropped.Itcanbejudgedfromthisthattheordersforfour-sidedbombsinthemarketareindeedgraduallyshrinking.
Spandexpricesareskyrocketing,andfour-waystretchordersaredifficulttoreceive
Theoperatingrateoffour-waystretchprintinganddyeingfactorieshasdropped,indicatingthatrelatedordersaredifficulttoreceiveortheyareafraidtoacceptthemOfcourse,thissituationisultimatelycausedbytheriseinspandexprices.Somepeopleworkinginthetextileandapparelindustrysaidthatitwouldbeverydifficulttosellcurrentclothingwithoutspandexelasticity,indicatingthatthereisahugemarketdemandforthistypeoffabric,buttherisingpricesstillscaredownstreampeople.
According to an elastic fabric trader, they are now There are very few orders for four-sided bombs, and many customers place orders for T400. The prices of this kind of elastic products are relatively stable, and spandex will not continue to rise sharply. They also have relatively low risks when quoting customers and operating orders.
Another trader has the same situation. According to reports, they now have hundreds of thousands of meters of four-sided bombs on hand, all of which were orders received in May and June. Although a price contract was signed with the weaving factory at that time, the recent increase in spandex prices has made it difficult for the weaving factory. They are also very nervous, worried that the weaving factory will go back on the price increase or stop doing it. For this reason, their recent quotations for four-sided bomb orders will leave some room for price increases of raw materials. Even if the customer thinks the price is high and does not do it, it is better than doing it at a loss later.
Editor’s Note
The price reduction of polyester yarn indicates that raw material factories will make concessions to the downstream textile market, and there will be no increase in orders. The price is ultimately in vain. Nowadays, the skyrocketing spandex is also driving away downstream orders step by step. It is unknown whether the price increase can continue until the peak season of September and October.
<br
