Recently, the rise in polyester filament yarn has indeed been a bit alarming. The price has increased by more than 100 yuan for several consecutive days, and chemical fiber factories have closed the market from time to time, which makes downstream companies unable to bear it. What’s even more frightening is that this upward trend has no end in sight in the short term! This makes the weaving boss feel worried: Can we still stock up on this raw material?
Not hoarding? ——But the salesmen of chemical fiber manufacturers send out price increase information every day. Either the inventory is about to bottom out, or it is closed and will not be sold, which makes people panic. When the time comes, there will be no rice to cook, which is not a solution. Someone else said: Stock up some inventory now, and the net profit will be after the year. It’s a naked temptation…
Stock up? ——What if I am cruel enough to stock up too much now? If the market suddenly weakens, I will have no choice but to hold onto my inventory and cry…
In fact, the editor wants to say: To stock up or not to stock up, this is not an unanswerable question, and since everyone has “sincerely” asked the question, we must answer it seriously: This raw material can be stocked up!
It’s empty talk, but after reading the following reasons, you will understand:
Reason 1: Crude oil is rising, and polyester filament will continue to rise!
Recently, due to OPEC’s production restriction measures, domestic chemical products have rebounded strongly. U.S. crude oil is currently running above $50/barrel again, and reached a new high of $52.42/barrel on Monday.
This Friday (December 9), OPEC will discuss production cuts again with non-OPEC countries. Currently, many non-OPEC countries have agreed to follow OPEC in reducing production. Therefore, around December 9, international oil prices may increase due to the production cuts of non-OPEC countries. Behavior and rise again!
Reason 2: Cost pressure is high and polyester filament will continue to rise!
Chemical products have been operating strongly recently, and the industrial chain has resonated. In the past half month, the price increases of raw materials PTA and MEG have been very gratifying. Following yesterday’s daily limit, ethylene glycol continued to rise today, and the spot price has climbed to 7200-7220 yuan/ton. Although the overall increase in PTA is not large, for a variety that has been fluctuating with low frequency throughout this year, a 5% increase is quite impressive.
Reason three: The inventory is so low, polyester filament will continue to rise!
As production and sales continue to improve, polyester filament inventory has once again reached a new low, and some products in short supply have even been queued up. Now chemical fiber manufacturers have a say in the market price and no longer need to compete with each other to compete for share. If the price goes up, you can wait for customers to grab the goods. If the price doesn’t go up, just hold a meeting to guarantee the price. Anyway, there is no inventory, I feel relaxed, and I feel confident about rising.
Reason 4: Profit margins are shrinking, but polyester filament will continue to rise!
During this period, the profitability of all mainstream polyester filament products has shrunk. For example, the profit margin of POY150D is currently about 364 yuan/ton, which is nearly 200 yuan/ton lower than the same period last month. In addition, the profit levels of FDY and DTY products also dropped by about 100-200 yuan/ton compared with the same period last month. space.
A polyester filament manufacturer said: Don’t blame me for raising prices every day. In fact, I really don’t make that much money! Doesn’t this mean that prices will continue to rise in the future?
Although the above is purely the editor’s “conscientious advice”, some people have said that I just don’t stock this ingredient! No matter how costs, inventory, and profits change.
After all, it’s the end of the year…
Some people say that chemical fiber salesmen are selling raw materials through gritted teeth recently.
The textile boss was buying raw materials with tears in his eyes!
And you, don’t think about these things if you don’t have money
It seems that this article is only valid for “rich and willful” people
Otherwise, please think twice before you act.
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