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Polyester filament

  • Categories:Industry news
  • Author:
  • Origin:
  • Time of issue:2019-10-17
  • Views:1

(Summary description)According to the usual practice, the procurement cycle of winter fabrics is started at the end of August each year. Therefore, the demand for terminals in September-October is increasing, and the corresponding production and sales of polyester filaments are picking up, and the price is also rising. Therefore, usually from September to October. It is called "Golden September and Silver 10", but in recent years, the trend in the peak season has become less and less obvious.

Polyester filament

(Summary description)According to the usual practice, the procurement cycle of winter fabrics is started at the end of August each year. Therefore, the demand for terminals in September-October is increasing, and the corresponding production and sales of polyester filaments are picking up, and the price is also rising. Therefore, usually from September to October. It is called "Golden September and Silver 10", but in recent years, the trend in the peak season has become less and less obvious.

  • Categories:Industry news
  • Author:
  • Origin:
  • Time of issue:2019-10-17
  • Views:1
Information
According to the usual practice, the procurement cycle of winter fabrics is started at the end of August each year. Therefore, the demand for terminals in September-October is increasing, and the corresponding production and sales of polyester filaments are picking up, and the price is also rising. Therefore, usually from September to October. It is called "Golden September and Silver 10", but in recent years, the trend in the peak season has become less and less obvious.
 
In September, the polyester filament market showed an inverted “V” trend. Taking POY150D/48F as an example, the average price in September was 7755 yuan/ton, down 2.15% from the previous month and down 34.52% from the same period. At the end of the month, the trading market in the polyester filament market was deserted, and the inventory pressure of enterprises was under pressure. Most of the bombing and weaving enterprises also faced the dilemma of shrinking demand. In order to alleviate the supply pressure, they planned to reduce the risk during the National Day or to avoid the risks. Let profit promotion, ease the inventory pressure, but the two-wave promotion has little effect, polyester production and sales are still sluggish, and the focus of the transaction continues to fall.
 
 
During the National Day, polyester filament production and sales were sluggish. It is reported that the market was basically in a vacuum three days before the National Day holiday. After half of the holiday, the market enquiry atmosphere gradually increased, but there were few transactions. The inventory of holiday enterprises increased slightly, and POY inventory increased. In 4 days, FDY stocks increased by 5-6 days. After the holiday, the polyester yarn enterprises opened the promotion mode, and there was a certain replenishment demand in the downstream. The production and sales in the day increased slightly, and the high-end was in the range of 300%-400%. However, the good situation is not long, lack of demand end support, polyester filament production and sales quickly fall.
 
 
The decline in production and sales is related to the increase in inventory. As shown in the figure, polyester stocks have continued to increase since September, and stocks continue to accumulate in October. At present, POY stocks are mostly in 7-12 days, and FDY stocks are mostly in 10-15 days. DTY stocks are mostly in 20-25 days. The backlog of inventory will lead to a shortage of funds, and companies are forced to offer preferential funds to withdraw funds. The market is now in a vicious circle of vicious circle.
 
Some industry insiders reported that winter purchase orders are nearing completion, and spring orders have gradually opened. However, polyester, weaving, and grey cloth stocks are high, and there is a shortage of downstream funds. It is temporarily unable to purchase raw materials in large quantities. Therefore, the polyester filament market is afraid to be cool in October. Cool, it is expected that the promotion will continue.

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