Chemical Fiber Industry: This Year'S "Kim Gu" Did Not Generally Rise As Usual.

In the two months of July and August this year, polyester filament manufacturers generally gained a lot.

Due to tight supply, FDY products have the highest profit per ton.

DTY and POY products are relatively weak.

DTY products benefit from the lagging nature of their price changes, and their profit margins decline slowly during the POY price decline.

Although POY began to turn a profit in early July, it fell to the margin of profit and loss in late 9.

Polyester filament before July this year, and WTI crude oil and

The data of internal price are similar.

This July ~8 month due to G20 summit factors, POY factory re calculated the processing fee, daily quotes to raise prices, which is also the main reason for the high price of late filament.

Crude oil, PTA prices and polyester filament prices rose in early September, but downstream.

The price of cloth is difficult to rise, profits shrink and shipments are sluggish.

In the past July and 8 months, the price trends of polyester filament were basically the same.

Due to the influence of joint quotations, POY prices will rise rapidly even if they are temporarily weak.

The prices of FDY and DTY products with a certain lag period are basically lower than those of prices, and prices are relatively stable.

Since mid September, the price of raw materials has not changed significantly. The volume of fabric products in China's textile industry has increased sharply, while the production and sales of filaments have not increased significantly.

For a long time, it was in a state of consolidation.

"Golden nine silver ten" is the traditional peak season of the chemical fiber industry, but this year's "Kim Gu" did not appear as usual.

Although market analysts are not pessimistic about the October market, the dull market still makes people feel tired.

The price of WTI crude oil and PTA in the first half of this year has maintained a narrow fluctuation for a long time after a strong wave in the first half of the year. Occasionally, a slight increase and fall will not produce a "tornado effect" on the downstream market, thus losing the influence on the downstream price fluctuations.

Due to the inconvenient pportation during the G20 summit and the parking of a large number of polymerization spinning devices, and the continuous increase of quotations from polyester factories, the purchasing volume of the downstream textile enterprises has been increased due to the early stock preparation and the "buying up or not buying down" mentality.

However, the price of crude oil and PTA futures market is not good enough, which has restrained the purchasing intention of textile factories to a certain extent. In September this year, the market volume and the production and sale rate of polyester factories were less than that of the same period last year.

The boot rate of Jiangsu and Zhejiang looms has remained at 70%~80% level for a long time. However, the volume of products in China's textile city is obviously less than that of the same period last year. Although the price has a "retaliatory" price before the summit of the G20, the price during the summit was as low as expected until mid September.

To sum up, the polyester filament Market in September has been improved in the last ten days, but the upstream and downstream markets have not been able to work together.

It is estimated that the downstream textile enterprises in October are still in the peak period of shipment, and with the early inventory digestion finished, the polyester filament market will be slightly better than September in October, but it seems that there is still a lack of high driving force, and the trading rhythm is still expected to be moderate.