Just now, polyester production and sales exploded! Yesterday, the polyester production and sales of some manufacturers reached 300%. It is said that this is already the production and sales after the closure. But this is actually a compromise that textile companies have to make!
The cost end is tied to the price of polyester yarn
The cost side of polyester has gone crazy. After the country of origin of crude oil voluntarily reduced production, the price of crude oil has soared. PTAThe internal price of PTA has also soared continuously, which has made the profit of polyester yarn short. It went from profit to loss in just a few days. Based on the raw material prices on 4month3, currently150D FDYThe profit is -166 yuan/ tons , 150D POYThe profit is -241yuan/tons,150D DTYat175yuan/tons. Compared with 3 in mid-month, it dropped by nearly 300yuan/ Tons. The continuous compression of profit margins directly leads to polyester factories insisting on raising prices even if downstream demand is not good.
The price fell but the price increased instead of falling
For textile companies, it is quite normal for raw material prices to fluctuate in recent years, and they have basically figured out a set of rules. Prices rise at the beginning of the month and fall at the end of the month. Therefore, in March In the last few days, there was still a certain downward sentiment in the market.But the reality is cruel. The price did not fall until there was a wave of price increases. However, according to the current procurement rhythm of textile enterprises, raw material inventory is generally controlled at about 30 days, and replenishment must be carried out at the end of the month. Therefore, after news of crude oil production cuts broke out, in order to prevent further increases in raw material prices, As costs rise, textile companies can only compromise on procurement. However, although polyester factories insist on raising prices,there are still some small actions that reflect their compromise.
Polyester factories also compromised
We can look at four sets of data. During the dual energy control period in 2021, there was a wave of price increases at the polyester end. We can see that the most representative day is the National Day. On the October month9 day after the holiday, due to the PTA The early increase was relatively large, around 300 yuan/ tons. The price of polyester yarn has also fluctuated along the way, reaching a price difference of 300yuan/ton compared to the previous trading day. Coincidentally, after the Russian-Ukrainian war broke out in 2022, there was another huge wave on the cost side, and PTA prices It rose again by about 300 yuan/ tons, and polyester prices also followed closely. One day on the station 300yuan/tons. But time has shown that in 2023, PTA has increased by 410 yuan/ tons, the price of polyester yarn rises only50yuan/tons.
Production and sales can only be visited in one day
Looking at the increase in the last day50yuan/ tons does not seem to be as severe as in previous years, but the polyester factory does not stop rising. , but the price that originally increased in one day was spread over a week. The slow pace of polyester price increase gave textile companies enough time to react and purchase lower-priced raw materials, which also brought about a It is a very obvious phenomenon. One-day tour of polyester production and sales. As can be seen from the curve chart, the current polyester production and sales trend still shows a pulse-like trend. In order to arouse everyone’s memory, here is another picture of the polyester production and sales trend in previous years. Figure, through comparison, we can find that in 2018, even if production and sales were relatively weak, they could still maintain 50%, and there will be continuous peaks, but now everyThe interval between the peaks appears to be quite large.
At present, polyester prices are still very likely to rise under the support of the cost side, but the magnitude of each increase will still not be too large.Textile companies will seize the opportunity to increase production according to demand. Procurement as well.
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