China Fabric Factory Fabric News Raw materials have risen too fast, and the price quoted in the morning will be invalidated in the afternoon! Polyester factory: Sorry, the price will continue to rise.

Raw materials have risen too fast, and the price quoted in the morning will be invalidated in the afternoon! Polyester factory: Sorry, the price will continue to rise.



The time is approaching the Lantern Festival, and textile people are returning from the Spring Festival holiday one after another. As a result, as soon as I got to work, I was imme…

The time is approaching the Lantern Festival, and textile people are returning from the Spring Festival holiday one after another.

As a result, as soon as I got to work, I was immediately “bombarded” by price increase notices in the market.

One ​​will cancel the original monthly settlement method, and the other will be based on the real-time quotation when placing orders. That is, we have increased the price, so hurry up and place the order. It will be announced in two days. Not at this price.

What is the reason for the current situation of “price increase notices flying all over the sky” in the market?

Polyester filament has risen too fast

Since February 18 (the seventh day of the Lunar New Year) the market Since the market opened, the price of polyester filament has continued to rise:

On February 18, the price increase ranged from 100 to 400 yuan/ton;

On February 19, the price increase was 100 yuan/ton;

On February 20, the price increase was 50-100 yuan/ton;

On February 22, the price increase was 100 yuan/ton;

On February 23, the price increase was as high as 300-500 yuan/ton

In a few days, the price of polyester filament has increased to nearly 1,000 yuan/ton.

Seeing that the price increase of polyester filament has been exaggerated, but compared with spandex, it is still “can only be regarded as a younger brother”. Compared with polyester filament, the price has increased by 100 or 200 yuan/day. Differently, the price of spandex rises by 1,000 yuan. After a few days, it is nearly 10,000 yuan/ton higher than the previous price. It can also be seen from the price chart that the price of spandex has started to rise since August 20, with an increase of nearly 80 %.

Gray fabric prices return from lows

In addition to the increase in raw material prices, the previous low price of gray fabrics is also a very important reason. Affected by the COVID-19 epidemic in 2020, end market demand has shrunk significantly. The price of polyester filament has also fallen to a historical low, and the price of gray fabrics in the textile market has also been falling.

Faced with huge inventories of gray cloth at that time, cloth bosses were not thinking about how much profit they would make, but how to sell the cloth quickly. The final situation is that as long as there is an order, the price is easily negotiable. Even if you lose a little money, as long as you can ship the goods, the bosses are often willing to do so. In such a market environment, it is conceivable that the price of gray cloth is low.

Such a low cloth price is a special situation under the new crown epidemic. Now the raw materials have taken the lead to rise, and downstream demand has also partially recovered. The cloth price fell so badly in the past, and it will rise next. It will be so exaggerated.

Polyester factory: Sorry, it will continue to rise

In fact, the rise in polyester filament is also driven by the rise in upstream raw materials As a result, on the first day of market opening (February 18), ethylene glycol and short fiber futures directly hit the daily limit, while PTA futures also rose by more than 4%, which kicked off the price increase of polyester raw materials in the Year of the Ox.

On February 22, polyester product futures once again achieved amazing gains, and ethylene glycol futures once again hit the daily limit. Fiber futures rose 5.16%, and PTA futures also rose 2.74%.

Judging from the current situation, the prices of upstream raw materials seem to continue to be “crazy” in the short term, while downstream weaving companies continue to resume work, and the market’s enthusiasm is also stimulated by the constantly refreshing raw material prices. In this case, the price of downstream polyester raw materials is likely to rise in the future.

2021 is the year when the market returns to normal. Raw material prices and gray fabric prices will soon return to the normal state of previous years under market stimulation.

If a raw material fell by 40% the previous year, it would need to rise by 66.7% this year to get back to its original price.

Therefore, during the period when the low prices in 2020 return to the normal pricing in previous years, the increase in the price of raw materials and fabrics will indeed seem a bit exaggerated.

For textile companies, the situation of “quoting in the morning and invalidating in the afternoon” at the beginning of the year may continue.For a period of time, don’t be frightened by price increases. If possible, it is also a good choice to stock up on raw materials to stop losses. </p

This article is from the Internet, does not represent 【www.factory-fabric.com】 position, reproduced please specify the source.https://www.factory-fabric.com/archives/7477

Author: clsrich

 
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