1. Jiangsu and Zhejiang continue to decline, and the output of gray fabrics in northern Jiangsu increases by nearly 20% (Hot: ★★★★★★)
According to statistics from each cluster region, in the first half of 2021 The cumulative output of chemical fiber filament fabrics in the seven cities of Shengze, Xiuzhou, Longhu, Siyang, Pingwang, Keqiao, and Dafeng Xiaohai was 11.208 billion meters, a year-on-year increase of 6.1%. The production situation continues to recover, but due to the epidemic and industrial transfer Affected by other factors, it has not yet returned to the same period in 2019, with output falling by an average of 4.09% in two years.
Longhu and Siyang regions performed well, with filament fabrics achieving two-year average positive growth. On the one hand, the increase in output in Siyang is due to the fact that as a transfer site for the filament weaving industry, new factories in Siyang have been put into operation in recent years, and production capacity has gradually expanded; on the other hand, the products produced in Siyang are mainly home textile fabrics, which have been more affected by the epidemic. Small. The Longhu area mainly produces outdoor sports and cold-proof clothing fabrics. Due to seasonal influences and the rise of “fitness craze”, the output has increased significantly.
2. Breaking news! Mainstream polyester factories continue to implement the second round of production reduction plans (Hot: ★★★★★)
Due to low polyester profits and high inventories, polyester factories are under pressure and some Polyester companies have begun to reduce production one after another. It is understood that domestic mainstream polyester factories Tongkun, Xinfengming, Hengyi, and Tiansheng all plan to reduce production by approximately 20%, with a total production reduction of approximately 4 million tons, and the recovery time is yet to be determined. At the same time, some other polyester companies have also successively announced production reduction plans, which currently involve parking and reducing production capacity at 4.536 million tons. Recently, it was reported that some polyester filament varieties in polyester factories are still at a loss, and mainstream polyester factories continue to implement the second round of production reduction plans.
3. Spandex has fallen off the “altar”, and the price may fall back (Hot: ★★★★)
“Recently, several spandex yarn middlemen have launched a circle of friends to sell goods. The price of spandex yarn has not increased for some time. It feels like prices are about to start falling,” said a textile boss in Shengze area.
With the multiple impacts of spandex entering the high-price zone, insufficient new orders, and the gradual release of new production capacity, midstream and downstream manufacturers have shifted their purchases of spandex to rigid needs and follow-up. The enthusiasm for stocking dropped sharply. A very few dealers had a little excess inventory in the early stage and began to sell at low prices. The panic mentality increased, and the selling price was slightly lower than the direct selling price of the supplier.
4. Crude oil surged by more than 5%, and polyester production and sales were a “one-day trip”! (Popularity: ★★★)
Last Monday, crude oil swept away the haze of continuous declines in the previous week and soared by more than 5%! It was quoted at US$65.64 per barrel. Polyester manufacturers held a one-day promotion to destock, with production and sales exceeding 100%, with some major manufacturers producing and selling as high as 450%. However, production and sales quickly returned to flat, with mainstream production and sales at 20%-40%. It was only a “one-day trip”.
At present, the upstream raw materials fluctuate greatly, the weaving market is sluggish, and manufacturers are not motivated enough to buy. Most of them buy for rigid needs, and most still hold a cautious attitude. Naturally, production and sales are prone to be at a relatively low level. low level.
5. Completely fallen! Only 30% of factories in Vietnam are operating normally due to the epidemic! (Popularity: ★★)
From 0:00 on the 23rd, Ho Chi Minh City will implement the most stringent “stay in place” prevention and control since the outbreak. Isolation measures. All food distribution to the city’s nearly 10 million people will be taken over by the military, police and government epidemic prevention and control teams. This upgraded prevention and control measure is expected to have a more serious impact on factory production and cargo transportation.
The Vietnam Textile and Garment Association stated that nearly 90% of the industry supply chain has been severely affected by the blockade, and as many as 80% of garment and textile companies in southern provinces have completely suspended production. In the north, about 20% to 30% of textile and clothing suppliers have stopped production. The Korean Chamber of Commerce in Ho Chi Minh City estimates that 27% of its member companies have stopped production. SEKO Logistics said that less than 30% of factories in Vietnam maintain a complete production plan.
6. Tragic! A fire broke out in a factory, killing 15 people! (Popularity: ★)
Pakistan’s Rescue and Firefighting Department said on the 27th that a fire at a chemical factory in Karachi, the capital of Sindh Province in the south of the country, had killed at least 15 people that day.
Local media quoted the head of the Karachi Fire Department as saying that the cause of the fire was a fire involving toxic chemicals stored on site. According to eyewitnesses, there were at least 35 people in the chemical plant when the fire broke out. The roads near the incident site were narrow and thick smoke billowed from the scene, making rescue and fire-fighting difficult. Currently, Pakistani security forces have cordoned off the incident site and the injured have been transferred toHospital for treatment. </p
