China Fabric Factory Fabric News Raw material prices rise, Shengze textile companies actively respond

Raw material prices rise, Shengze textile companies actively respond



After the Qingming Festival,the most beautiful month in the world is April. When the market entered April, the market experienced some unexpected changes due to the increase in raw…

After the Qingming Festival,the most beautiful month in the world is April. When the market entered April, the market experienced some unexpected changes due to the increase in raw material prices. Faced with this change, Shengze’s textile companies have also come up with their own means to take advantage of future competition.

Raw materials soar

Some textile companies have entered stocking mode

On April2, many oil-producing countries announced crude oil production cuts, causing international oil prices to rise by 6% in a single day, thus causing the price of polyester raw materials to rise. Adding on top of the gains from the previous week, in 10 days, the cumulative increase in polyester filament exceeded 500 yuan/tons.

Raw materials continue to rise, causing some weaving companies to enter stocking mode. 4month3The average daily production and sales of polyester filament has reached 159.6%, the average production and sales this week reached 72%, an increase from last week 28%.

According to reporters, the sudden rise in raw material prices has put some pressure on some textile companies. The person in charge of a weaving company said: “We judge that the current raw material prices are at a high level and are prepared to avoid the peak of raw material prices before replenishing the inventory. .”

Currently,the operating rate of water-jet and air-jet weaving enterprises in Shengze areais 74.2%, down from last week2.3%, which is due to the increase in raw material prices and the Qingming Festival holiday in some factories.

Transform in advance

Function, fashion and environmental protection are the future

According to statistics from the China Filament Weaving Association, as of the end of 2022The scale of looms in my country’s filament weaving industry reached 83.6Ten thousand units, including water-jet looms77 units, a year-on-year increase of 5.48% . The production capacity of conventional fabrics has been overcapacity, profits have been squeezed to a very thin level, and the price of raw materials is extremely sensitive. Once the price of raw materials increases too much, the embarrassing situation of “flour is more expensive than bread” may occur.

To avoid this embarrassment, improving technology and making differentiated fabrics is a common choice for most Shengze textile companies, and differentiation is mainly concentrated in three aspects: functionality, environmental protection, and fashion.

The person in charge of the design department of a fabric company in Shengze said: “The main development direction of our company in the future is environmental protection and fashion. On the one hand, we are vigorously researching and developing regenerated cellulose fibers. On the other hand, we are working with some well-known domestic fashion designers. Cooperation, I believe this is also the future trend of the market.”

Today’s functionality, environmental protection, and fashion are no longer independent entities. With the continuous advancement of technology of Shengze Textile Enterprises, the differentiated fabrics made can turn these characteristics into one of us. There is you in them, perfectly integrated with each other.

Not afraid of challenges

Shengze Textile Enterprises are ready

Sudden changes in raw material prices may have become a hot topic in previous years, but they will become more common in 2023. Change is the main theme of the textile market in 2023. The international situation is changing rapidly, and the global textile market is facing severe challenges, which has put forward higher requirements for Shengze’s textile enterprises. In order to cope with these changes that may occur at any time, Shengze’s textile companies have also made adequate preparations.

On the one hand, we should cultivate our internal strength, actively transform, work hard in aspects such as differentiation, functionality, fashion, and environmental protection, and strive to do product research and development and improve technology; on the other hand, we should try our best to expand the market, through exhibitions, new media, etc. Look for new growth points and seek new opportunities.

Although 2023 the textile market is destined to…� Calm, but Shengze Textile Enterprises have made full preparations for this and are ready to face challenges.
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Author: clsrich

 
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