On April 29, the polyester factory once again launched a big promotion of polyester filament:
Xinfengming polyester filament promotion, reduced by 100-450 yuan/ton ;
Shaoxing Tiansheng polyester filament quotation reduced by 450-500 yuan/ton;
Tongkun Group Co., Ltd. polyester filament quotation adjusted, polyester Filament POY is discounted by 250-300 yuan/ton; FDY is discounted by 450 yuan/ton;
Rongsheng Petrochemical polyester filament POY is reduced by 100, FDY is reduced by 100-350, and some DTY models are reduced by 100
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There is news on the Internet that a large factory in Tongxiang has exceeded 400% of its production and sales in one hour.
Every Monday Promotion
This In April, the polyester factory has launched three polyester filament promotions, on April 12 and April 22, basically maintaining a weekly promotion rhythm. This is mainly due to three reasons.
Sufficient profits
Since March, the profits of polyester filament have remained at a high level, with some specifications of products at the highest level The profit exceeded 1,000 yuan/ton, which gave the polyester factory the confidence to cut prices and promote sales.
The startup rate is high
Because The profit situation is good. The polyester filament yarn device has maintained a high operating rate recently. In the third week of April (4.17-4.23), the average load of polyester was concentrated at 94.1%, from 3 After months, the operating rate of polyester equipment has remained at a high level of more than 90%.
Sluggish production and sales
Throughout April, except for the previous two promotions, the average production and sales were only on April 7 Over 100, reaching about 110%. During the rest of the period, production and sales basically remained at a low level of 40-60%. Due to insufficient production and sales, the polyester yarn inventory in polyester factories continues to grow. As of April 28, the overall inventory in the polyester market is concentrated at 14-26 days. In terms of specific products, POY inventory is at 8-14 days, and FDY inventory is at 14-21 days. days, while DTY inventory is around 15-29 days.
In the short term The lowest price
Although there have been price cuts, in fact, the recent fundamentals of polyester filament have performed very well.
Crude oil
Because OPEC+ announced one day in advance that it will maintain its policy of gradually increasing supply unchanged and the geopolitical tensions in the Middle East Stimulated by political tension, international crude oil futures prices rose in the overnight market. They consolidated within a narrow range on the 27th, and the gains expanded significantly in late trading. International oil prices rose significantly at the close.
PTA
On the supply side, since March, the operating rate of PTA devices has remained at a low level of about 70% On the demand side, the operating rate of polyester equipment remains at a high level of more than 90%, so social inventories are greatly digested. In addition, PTA supplier contracts have been reduced, and PTA futures have continued to rise: on April 27, PTA futures rose by more than 2%; on April 28, PTA futures rose by 4%, and the main contract is now close to 5,000 points.
In terms of terminal demand
Recently, the epidemic in India has begun to break out like a tsunami, and some trade in Zhejiang, Foshan and other places According to business reports, the number of overseas orders has increased significantly recently. India is the world’s second-largest textile manufacturer and exporter after China. Once the epidemic is serious and it is unable to deliver goods in time, it is bound to find other countries to replace it. China is the best choice, so May-June may There will be a phenomenon where a large number of textile orders return to China, as happened around October last year.
Therefore, whether it is from the perspective of upstream raw materials or downstream demand, the overall trend of polyester yarn in the future is bullish. If you miss this round of promotions, it should be difficult to buy the current one in the short term. Excellent for the price.
Of course, for textile companies, it is good to buy cheap silk, but how to operate it still requires It depends on your specific situation. Although cheap polyester is good, you have to do what you can. </p
