A large factory in Tongxiang raised the price of polyester yarn by 100 yuan today;
Another factory in Tongxiang raised the price of polyester yarn by 100 yuan today; The price of polyester yarn in a large factory is raised by 100 yuan today;
The price of polyester yarn in a large factory in Taicang is raised by 100 yuan today;
Jiangyin Factory No. 1 polyester price increased by 100 yuan;
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On July 30, polyester filament continued to rise as PTA’s focus continued, and the quotations of polyester filament factories in Jiangsu and Zhejiang were mostly raised. Polyester filament has been rising steadily since the promotion ended at the end of June, and the price of polyester filament is currently at the highest level this year. However, the order receiving situation of downstream weaving enterprises is actually still in the off-season stage, and the delivery of gray fabrics is average. Therefore, weaving companies are not willing to purchase, and the trading atmosphere in the polyester market is weak. Some polyester factories are promoting sales. The average production and sales of mainstream manufacturers are 100%-130%, and the production and sales of some better factories can reach 200%.
01
The downstream weaving market is slightly flat
At present, the local production restrictions of water-jet looms have basically ended, so the weaving machine is starting Rates began to rise steadily. According to the data monitoring of sample enterprises by China Silk City Network, the operating rate of water-jet and air-jet looms in Shengze area rebounded to around 75% on July 30. However, gray fabrics are generally out of stock, and the recovery in operating rates has brought about a slight increase in gray fabric inventories.
A weaving company that produces corduroy said: “The off-season in July is obvious. It is difficult to sell any product at present, and the factory has about half a year’s worth of inventory. Production restrictions are over, and the machines are all running. If they are not running, they will suffer even more losses. Originally, it would be non-stop throughout the year. It has not improved yet, but it has begun to improve at this time in previous years.”
In terms of printing and dyeing factories, the operating rate has also dropped from 71% with the reduction in the number of warehouses. to 68%. Since it is still the traditional textile season, the follow-up of new orders is slightly weak, some workshop machines are not started up enough, and most of the orders are mainly batch orders. However, the printing and dyeing delivery time is slightly tight. On the one hand, due to the high temperature, workers in the factory take a lot of leave, which further aggravates the tight delivery time. On the other hand, during the typhoon weather, some printing and dyeing factories stopped working for three or four days. After restarting, gray fabrics accumulated, resulting in tight shipments and delayed delivery.
A salesperson from a local printing and dyeing company said: ” Recently, the number of gray fabrics entering the factory has not been large, and the majority of them are conventional varieties. However, the products are very miscellaneous, and there are many elastics on all sides, which are mainly supported by it. The overall performance is average.”
02
Recurrent overseas epidemics, textile demand is limited
Downstream is still in In the off-season, polyester filament prices are rising steadily, especially spandex, which continues to rise, putting greater pressure on weaving companies. While costs continue to rise, inventories are also rising, which makes cash flow tight and manufacturers are having a hard time. Next, the traditional peak season is about to usher in, but textile people who were originally optimistic about the market in the second half of the year have recently changed their views.
The latest data from the U.S. Department of Commerce shows that the U.S. GDP growth rate in the second quarter of this year was 6.5%, which was mainly due to the fiscal stimulus measures introduced by the government and personal consumption. Increase in expenditures. However, many market analysts predict that U.S. economic growth may have “peaked.” In other words, U.S. economic growth may begin to slow down in the third quarter.
The slowdown in economic growth means that individuals Consumer spending will also decrease, which will have an impact on the entire textile industry around the world. Especially in the recent period, overseas epidemics have struck again, some areas have been closed again, and some factories have shut down, which has hindered the recovery of the foreign trade market. It is also difficult to break through the shackles of the epidemic in the traditional peak season of “Golden September and Silver October”, and orders in the foreign trade market may be limited.
Although the domestic economic level has returned to pre-epidemic levels, domestic demand is limited after all, and most garments produced by garment factories are ultimately exported. Demand is still abroad, so the entire market in the second half of the year is still closely related to overseas economic levels and personal consumption levels.
Many weaving companies are worried that the price of raw materials has soared recently, especially spandex, but the risk of collapse is also very high. Therefore, manufacturers are still cautious about purchasing raw materials and their willingness to buy is not strong. Under the influence of repeated epidemics, the terminal market mentality is under pressure, and subsequent order intentions are unclear.
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