At present, domestic weaving orders slightly improved, winter warm, down jackets and other fabrics are still available, but most of them are mainly domestic trade orders, brand clothing category issued a limited number of new orders, it is reported that most factories still have certain expectations for domestic National Day and Double 11. Therefore, the market does not rule out the expected improvement in weaving orders, polyester end will also save the recovery expected.
Lower inventories for peak season
Since late August, factory for cash flow compression, inventory levels began to emerge unceasingly, leading to some enterprises gradually began to production, send a negative, starts down continuously, according to understand, August four mainstream leading domestic polyester plant joint cut 20% of its capacity, but is otherwise xiaoshan, zhangjiagang, ningbo, huzhou and other small and medium-sized factories also have different degree of production, It involves a production capacity of 5.139 million tons. However, in the downstream of the off-season in August, the overall pre-weaving market has shown a weak trend, which is the reason why most weaving enterprises did not respond to the promotion of polyester yarn in August.
In September, however, jiangsu and zhejiang, fujian and other regions filament factory take the lead in a promotion, the mainstream companies ratios from 200% to 800%, then the industry to different levels of promotion, the week ending September 13, industry inventory has fallen to 18 days, in the history of the central position, and although the polyester end some restart, but under the influence of double control, reduced negative enterprises still exist, Until September 16, the polyester operating rate decreased to 84.67%. With the order of "gold nine silver ten" coming one after another, polyester filament is expected to usher in a business cycle under the environment of low storage.
There is no need to be pessimistic about nine gold and ten silver
Export capacity shortage and the shipping fee increase, the original Q3 most export orders to Q2 issued in advance, we believe that the whole of the "golden nine silver ten" seasonal just need effect weakened, but as a result of the textile industry affected by the popular trend with differentiation and timeliness requirements, pre order more standard, such as the warp knitting fabric knitted garments, and other orders ahead of digestion is limited, For the week ended Sept. 13, downstream loom utilization rate was 72%, +2% from last week. Downstream demand picked up moderately, and seasonal demand is expected to gradually come down.
In addition, also receive the impact of the lack of Marine transport capacity, next year's "Gold, silver and four" small market orders are expected to be issued 2-3 months in advance, downstream enterprises re-enter the inventory stage, Q4 is expected to continue the market.
With strong support from the cost end, the market atmosphere of polyester filament has been warm recently. Considering that the downstream weaving has been moderately replenishment recently, and the factory inventory pressure during the double festival may restrict the floating space of polyester filament, it is expected that if the raw materials do not fall significantly in the short term, the inventory and specifications of polyester filament are still expected to rise.
source: https://www.tnc.com.cn/info/c-001001-d-3715628.html