June is supposed to be the traditional off-season, but the polyester filament market is going against the grain and is in full swing! The market is talking a lot about the “weird appearance” of the off-season. The polyester market is not only experiencing a rush for goods and “price increases”, but the overall production and sales volume continues to increase, exceeding 100%; the wave of price increases is getting higher and higher!
What rhythm is this? The polyester filament market, especially FDY, is going “crazy”!
In the case of tight supply of semi-glossy FDY fine denier yarn, glossy FDY thick denier yarn and other specifications, the FDY market is naturally rising, with both volume and price rising! During this period, FDY can be said to have fully demonstrated the hot market. In just over half a month, the increase in semi-gloss FDY fine denier yarn has exceeded 600 yuan/ton; and there are signs of further growth. In addition, manufacturers with in-demand specifications often close their sales!
It is reported that some products that are in high demand are close to zero inventory, and some are even out of stock or out of stock, and there are supplementary increases from time to time! This is definitely a rhythm that allows the market to continue to rise and continue to grab!
No wonder some market participants said that the reason why polyester filament production and sales have been booming since June is because of FDY!
Under such a domineering price increase of FDY, POY and DTY finally couldn’t calm down anymore! Beginning to “get ready to move”, POY and DTY early discounts have been canceled in the past two days, and the quotations of some products have also increased to varying degrees by 50-200 yuan/ton; entering the wave of price increases!
(There are pictures and there is truth! We still need to speak with facts!)
From FDY, to POY and DTY, the polyester filament market is advancing rapidly and is unstoppable! It completely subverts the world view of textile people!
In this wave of price increases, “rushing for goods” and “hot sales” must be the most important and critical driving forces. Under a series of stimuli, the purchasing enthusiasm of downstream weaving manufacturers was once again stimulated, and their enthusiasm for purchasing raw materials was significantly improved, so that the production and sales of the polyester yarn market could quickly recover.
It is reported that as of 4 p.m. on the 19th, the production and sales of polyester yarn market continued to be hot, with average production and sales expected to be at 180%-200%; production and sales data of some polyester factories: 130%, 200%, 180%, 145%, 300% , 260%, 250%, 230%, 150%, 110%, 135%.
In fact, in the final analysis, it is still the positive boost from demand in the downstream weaving market. According to the author’s visit to the market, in recent times, polyester taffeta, pongee and chiffon, which were once the most common products in the traditional textile market, have become the best-selling products. ”, shortages and out-of-stocks have also become the norm. The hot sales of these fabric products will inevitably create demand for raw materials.
BUT! BUT! BUT!
Have to ask questions! How long can the “bizarre” market situation of polyester filament last? Will the market outlook usher in scorching sun or rain?
In fact, there are many uncertain factors in the market outlook of polyester filament! The first thing to face is the arrival of the weaving off-season in July and August and the impact on demand caused by the elimination of looms due to environmental protection regulations.
According to data from the China Filament Weaving Association, as of the end of 2016, there were more than 400,000 water-jet looms in the country, with an annual output of 44.8 billion meters of various filament fabrics. Wujiang area plans to eliminate 104,000 water-jet looms, plus the previous 10,000 units in Jiaxing area, which means that in the next few years, more than 1/4 of the country’s water-jet looms will be eliminated!
How much disruption will this cause in the raw material market?
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