“The recent price increase in raw materials has been a bit fierce! It seems that there is a rush for goods again!”
“The trucks at the raw material factory are queuing up again!”
“Have you guys grabbed it? It looks like it will go up even more!”
“I didn’t stock up a few days ago, I feel so bad!”
“Raw materials are still rising, it’s endless!”
……
The long-lost conversation reappeared, and polyester filament seemed to be setting off another wave of “bloody storm”.
After the National Day, the polyester filament market has been in a stable and slightly rising trend; in recent days, the polyester market has seen a large-scale price increase boom, with mainstream manufacturers’ quotations increasing by leaps and bounds, with an average daily increase of 50 -100 yuan/ton level, production and sales exceeding 100 are common, and the market seems to be getting hotter and hotter.
Judging from the prices quoted by various manufacturers on the 19th, for example, Zhejiang Rongsheng DTY increased by 100 yuan/ton, semi-glossy FDY20D-58D all, 100D/72-100D/144 all, 190D/48 all increased by 100 yuan/ton, and glossy all increased by 100 yuan/ton. FDY all increased by 100 yuan/ton, 190D all increased by 200 yuan/ton; Zhenhui FDY DTY increased by 50-100 yuan/ton; Yuanzheng FDY increased by 50 yuan/ton; Xinmin increased by 50 yuan/ton; Far East filament and POY all increased 50 yuan/ton, low elasticity all increased by 100 yuan/ton; Kaishi FDY increased by 50 yuan/ton, DTY 100/144 increased by 200 yuan/ton, and other specifications increased by 100 yuan/ton; Jiabao increased by 50-100 yuan/ton tons; Gu Fiber Road increased by 50 yuan/ton; Shenghong POY remained unchanged, while others increased by 100-200 yuan/ton; Hengke semi-glossy FDY, glossy FDY, and Deli DTY increased by 100-200 yuan/ton.
This round of rising polyester filament market trends is getting more and more intense, so where does this full “confidence” come from? Is it the rise in crude oil, the peak weaving season, or the POY joint meeting?
The rise in polyester prices this time is naturally inseparable from the upstream raw material market. Boosted by OPEC’s first agreement to limit production, crude oil prices have always been at a high level, breaking through the $50 per barrel mark. Recently, the PTA device has been undergoing maintenance again. The 1.2 million tons/year PTA device in Sanfangxiang has been shut down for maintenance, and the planned time is about two weeks. It is reported that the overall operating load of the PTA market is only maintained at about 60%, which is supported by the supply side. Its prices are running strong.
Of course, the most critical thing must be that the weaving market is in its peak season, and the operating rate of looms is generally high. The downstream weaving market not only has a relatively rigid production demand for raw material procurement, but also weaving manufacturers generally do not stock much stock before the National Day. This time, under the stimulus from all parties, the rising price of polyester filament and the tight inventory, the purchasing enthusiasm of downstream weaving manufacturers has greatly increased; the mainstream production and sales of polyester products have fully recovered. It is reported that the overall production and sales of polyester filament market have generally reached 150% level recently. , some are even higher.
In addition, polyester filament also benefited from the strong support of the joint market meeting and inventory. In mid-October, a market seminar for mainstream POY manufacturers was held in Xiaoshan. A unanimous consensus was reached at the meeting that the market for polyester filament in the medium and long term is still optimistic; the market in the near future will implement the “small step increase, atmosphere Stretch”, maintain the healthy operation of downstream weaving, and achieve a harmonious win-win situation between upstream and downstream. With the continuation of the spirit of the meeting and the boosting effect of production and sales, the inventory levels of polyester factories are generally low, and some product specifications have even experienced tight supply.
Although some people think that the market seminar is just “paper talk”, as a catalyst, it has actually promoted the steady rise of polyester market. The prices of the polyester industry chain are linked. Not only the prices of POY, FDY and DTY have increased, but also the fabrics and linings in the downstream weaving market have improved. It is expected that the polyester filament market will still have positive prospects in the future. Of course, the focus still needs to be on the upstream market fluctuations and the production of downstream weaving manufacturers. <br /
