Changxing Market, Fabric Weekly Review (April 20-27)

Polyester cotton jacquard jacquard material market transactions are OK, while cotton wool sales fell back. From the analysis of market conditions, downstream buyers' willingness to purchase has increased. It is understood that the operating rate of downstream looms is relatively high, but the oversupply of plain lining fabrics still exists, while the rising trend of polyester raw materials in the upstream is not. It is estimated that the trade price of fabrics in the future market will have a trend of stable adjustment.

Upstream Polyester raw material Driven by the shock upward trend, this week (April 20-27), the trading price of the conventional "plain" lining fabric rose, and the trading volume of the two series of plain polyester taff, semi elastic spring Asian textile increased. The market turnover of five pieces of water jet satin slightly increased; The sales of satin fabric is still good, and the inventory is low. Among them, one kind of lattice satin fabric is favored by merchants. The warp of this fabric is polyester FDY big bright triangle shaped yarn 50D; Weft yarn is made of polyester DTY100D raw material The fabric is made of jacquard satin texture change structure and jet weaving process. Apply single reduction treatment and environmental protection dyeing 。

Because of the use of polyester "lustrous silk", the cloth surface has a bright style effect of satin, and the fabric has the advantages of soft feel, comfortable wearing, durable and iron free. Some patterns of jacquard have a sense of both stereoscopic and hierarchical, which is pleasing to the eyes. Its cloth width is 148cm, and the current wholesale price is more than 8.00 yuan per meter. It is not only suitable for making pajamas and nightgowns, but also an ideal fabric for bedding and household decoration. The water jet full elastic Chunya textile grey cloth began to move, mainly sold to Nantong and Shaoxing markets. The twill series of water jet faucet products showed a rising trend in market sales this week, and the price trend was rising. The products are used as lining materials for leather clothes and casual clothes.

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PX short-term high level oscillation will play its role in supporting the cost of PTA, but the restart of some PTA devices will increase the total supply, and the failure of the terminal demand to follow up in time will drag down the stock demand for texturing, and the fall in production and sales of silk prices will not support the rise of raw material PTA prices again, and the rapidly rising PTA prices may face the risk of periodic peak.

This round of PTA market has also been substantially supported by texturing weaving. As the previous stock of enterprises will be exhausted at the end of March and early April, rigid demand will be released under the surge of raw materials. At the same time, some enterprises also participate in speculative stock. Several rounds of hot production and marketing have also led to a rapid decline in polyester inventory. The average inventory of Jiangsu and Zhejiang polyester POY, FDY and DTY has dropped from 13 days, 15 days and 25 days in early April to 5.5 days, 8 days and 13.1 days at present, respectively. Some factories have even been operating for several days. The polyester inventory is at a low level, and there is no short-term shipping pressure.

From the above analysis, we can see that the PX-PTA polyester industry chain has significantly raised prices in this round of rebound. Then, the follow-up of terminal demand and the smooth downward transfer of costs are related to the sustainability of price rebound in the industrial chain. It is understood that at present, the domestic trade of grey cloth sales is smooth, but the price rises slowly, completely not keeping up with the increase of polyester, and the foreign trade sales have not improved significantly. Based on the current price of grey cloth and the cost of silk prices, most of the grey cloth operations are in a loss state. At the same time, the situation of DTY in the small texturing plant is not optimistic.