Cost Side Loose, Polyester Filament Market Continues To Rally.

Ethylene glycol in the first few days after the wind and water, the two days began to decline, as of the end of 19 afternoon, the main business of the futures market of ethylene glycol futures contract 2005 to 4644 yuan / ton closed, or 0.58%.

PTA has also weakened. At the beginning of the week, the PTA performance was relatively stable, but these two days also started to fall. As of the end of 19 afternoon, the 2005 main contract of PTA futures of Zheng Shang was closed at 4910 yuan / ton, or 1.05%.

In general, we will say that the upstream cost will support downstream polyester filament, but the cost surface has loosened in the past two days, but polyester filament continues to rally, and become a "unique talent" in the polyester market.

On the 18 day, the manufacturers' quotations increased strongly: the polyester fiber in another factory in Tongxiang increased by 100; the polyester part of Huzhou factory increased by 50-100; the Jiangsu polyester factory rose 100-300; the FDY of a factory in Wuxi increased by 100-150; the Wujiang plant rose by 100; and a factory in the Jiangsu rose 100-300 by FDY.

On the 19 day, polyester filament continued to rally, DTY products rose by 50 yuan, and a polyester factory in Zhejiang increased by 50-100 yuan.

You fall, I increase my!

In addition to the upgrading of the raw material market, the low inventory also provided support for the polyester filament market. According to the statistics of China's silk net, the overall stock of the polyester market has been slightly reduced, and the stock has dropped to 9-18 days. In terms of specific products, POY stocks are up to 3-7 days, FDY stocks are close to 7-12 days, while DTY stocks are about 15-20 days.

And the most important factor of inventory decline is the increasing demand of weaving manufacturers for polyester filament. By the end of the year, manufacturers had more or less stockpiling raw materials, and basically stored for 1-2 months, thus accelerating the decline of polyester stocks. In the near future, the fabric market is getting warmer. Orders for spring and summer will start next year. Stockpiling raw materials plus rigid demand makes the demand for polyester more recently.

First, the order of spring and summer is issued, and the simulation wire is getting warmer.

As the mainstream product of spring and summer, imitation silk has also been hit by overcapacity, Sino US trade, and continuous decline of raw materials. It is reported that the prices of simulated silk products have dropped significantly this year, with 5-10% decreasing to varying degrees and profits decreasing.

But recently, with the end of the winter fabric orders, some orders in spring and summer began to come out, and the simulation silk market began to pick up. A total of more than 500 looms, Wu said: "at the recent stage, the simulation wire is more popular than other products. Our looms have been running. Although the inventory is higher, the orders are always there, the orders are always there, the warehouses continue to be shipped, and the spring and summer orders are basically the world of simulated silk, so there is no fear of selling at all."

At the same time, another trader also revealed that the recent silk imitation series of 50D elastic satin sells well, the market demand is good, has been shipping.

Two, stable delivery, four rounds of performance is still eye-catching.

In recent years, four rounds of missiles have been regarded as a "dark horse", especially in this year's performance.

Chen manager, who has four rounds of ammunition, said: "all kinds of products have been sold very well recently. At the end of the year, everyone is rushing to ship, especially the price of raw materials has increased recently. For us, the price of grey cloth can be stabilized, which is a good thing."

In addition to four rounds of bullet and imitation silk, other chemical fiber fabrics have been better off in recent years, which has boosted the confidence of weaving manufacturers to a certain extent. For weaving manufacturers, it is not expected that raw materials will continue to fall, raw materials will fall, and grey fabrics will fall. When the market is not good, the whole inventory will fall even more. During the visit, there were weaving enterprises, who said that raw materials had been falling down, but actually they were not friendly to weaving factories. Customers would choose to wait and see, reduce the quantity of orders or not place orders.

Of course, polyester filament is lagging behind, it is up today, maybe it will fall tomorrow. Recently, however, weaving factories have started relatively stable. It is evident that manufacturers are rushing to ship at the end of the year. There is still demand for polyester filament, and with the usual year-end stocking operation, it is also a basis for polyester filament manufacturers to raise their prices under low inventory.