The hottest Jiangsu and Zhejiang polyester factori

Jiangsu and Zhejiang polyester factories have successively reduced production, but it is not easy for polyester yarn to reverse the weak market

in recent days, polyester products including PTA, ethylene glycol, polyester filament and so on are in a continuous decline channel. According to statistics, as of September 11, polyester filament has seen a price reduction for about a month in a row. The average price of poy150d has fallen by 3100 yuan/ton, or 25%, from 12400 yuan/ton on September 10 to 9300 yuan/ton at present. However, the continuous falling promotion market has not brought driving force to market sales; It is understood that the overall production and sales of polyester Market in recent stage has always been unsatisfactory, and the mainstream is mostly centered around Cheng, so it is difficult to make a strong breakthrough

when the market volume and price of polyester filament fall together, there will be inventory pressure. Due to the limited market demand, the polyester market is in a state of accumulated inventory. Although the pressure of manufacturers has decreased slightly after the National Day holiday, the decline is not obvious; Coupled with the recent weak market production and sales, polyester manufacturers' inventory is still high

embarrassing upstream and downstream market

1. Downstream weaving is like a frightened bird: dare not buy

in contrast to the downstream action, the weaving Market, which is still under high cost pressure, has become more cautious in the face of the plummeting market. As a result, Jiangsu and Zhejiang weaving factories continued to fail to follow up the purchase, and the stock of polyester decreased after the price reduction, turning to wait-and-see

it is understood that from the perspective of weaving end, after entering November, the market began to show signs of weakness again. Under the background of weak market trading atmosphere and difficult fabric prices, the production enthusiasm of weaving manufacturers has decreased significantly. According to statistics, since last week, the startup and operation situation in Jiangsu and Zhejiang regions has declined

2. Continuous maintenance of upstream PTA device: all want to stop

recently, PTA processing profit fluctuated significantly, and the processing fee fell from 700-800 yuan/ton at the beginning of the month to less than 300 yuan/ton. The low processing fee also stimulated the additional maintenance of PTA manufacturers. It is understood that there are not a few maintenance this week. The 750000 ton unit of Yadong Petrochemical 11 24 maintenance, fuhaichuang 2.25 million ton unit shut down on November 15. 7 at 10 a.m. yesterday, the plant has been shut down for -9 days. The 2.25 million ton unit of yishanhua shut down on November 20 for technical transformation for 2 months. On the whole, PTA operation rate remained low

can the filament supply side meeting limit production bring waves to the market

now in such an embarrassing situation, the polyester filament recently held a filament supply side seminar. The attachments of Jinan new era Gold Testing Instrument Co., Ltd. are divided into compression attachments, tensile strength test attachments (Brazilian splitting method), and variable angle shear attachments, which made the industry people's long silent hearts start to agitate again

according to market rumors, after November 12, polyester factories in Jiangsu and Zhejiang Province issued multiple production reduction orders, and some polyester factories continued to join the team of production reduction. Today, there has also been a long-awaited leveling in production and marketing. Can the sudden production reduction of polyester factory test and analyze the tensile force, pressure, displacement, stiffness and other strength of precision springs such as tension spring, compression spring, disc spring, tower spring, leaf spring, snap spring, leaf spring, composite spring, gas spring, mold spring, special-shaped spring and so on, which will make polyester "red"

think:

1. Polyester raw materials are bad and difficult to rise

although PTA futures today ushered in a long-awaited rebound. However, from the current situation, it is a fact that neither PTA nor MEG has a satisfactory profit. In addition, the crude oil has experienced a long-term decline under the condition of recent bad weather. After falling by nearly 20%, the WTI crude oil in the United States is now around $60. There is still no obvious sign of stopping the decline in the short term, and the decline channel is also continuing, and there is obviously still room for decline. In the short term, it is still unlikely that polyester raw materials will rise rapidly

2. The high inventory of polyester filament is also difficult to digest in a short time

due to the downturn in production and sales since late October, the high inventory of polyester filament is obvious. Under such circumstances, it is difficult for polyester factories to increase shipments, or cause downstream resistance. In contrast, it is obvious that it is more willing to accept preferential shipments from the upstream to meet the needs of downstream just in need goods preparation and month end invoices

3. The downstream capital situation is tightening

finally, putting aside the market mentality, due to the accounting period problem, the downstream texturing and weaving enterprises are generally tightening their capital situation, and they are unable and unwilling to stock up for a long time

in the short term, it is not easy for the polyester filament market to "turn red" due to the common upstream and downstream but the decline of cobalt, manganese/aluminum and other contents. However, the holding of filament conference may reverse the weak situation of the current market. Let's wait and see