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Recently, with the gradual increase in international oil prices, the price of polyester raw materials has also been pulled upward. In the early stage, with the support of good news such as the domestic economic recovery and the start of vaccination in many countries, the sound of rising commodity prices has also been one after another, and this wave of rising momentum has finally turned to the chemical fiber market.
Especially, polyester filaments have performed strongly recently, leading the increase in polyester varieties. To a large extent, they are supported by the cost side and have achieved contrarian growth.
As polyester yarn prices began to bottom out and rebound, changes in raw material prices also affected the prices of grey fabrics.
At present, polyester filament yarns continue to rise, but the year is approaching, will the next rise be short-lived or continue to buck the trend? The editor thinks that the rise of polyester yarn may be affected by the following three news.
1. Energy saving, emission reduction, and electricity curtailment affect the operation of texturing machine
Recently, news about energy conservation, emission reduction, and electricity curtailment policies have appeared in many places in Zhejiang. According to verification, for the polyester industry, texturing companies have a greater impact. Because texturing machines consume more power, they are affected by policies. Most texturing companies in the region shut down some texturing machines. The profit level of silk is relatively high, so the operating load of texturing machines is more than 95%. Affected by this policy, it is expected that the start-up load of local texturing machines will drop to around 80%. The duration of this policy is from mid-December to the end of the month.
2. Boiler renovation of polyester plant in Xiaoshao area
However, from the end of December to mid-January of the following year, many companies in Xiaoshao and Shaoxing areas planned to shut down due to boiler renovations. At that time, the supply of polyester was reduced. Most polyester factories indicated that the texturing machines were maintained in normal operation, and the end demand decreased at the end of the year. There is no major change in the overall supply and demand pattern, which mainly affects the supply of POY and FDY. But boosted by this news, the overall supply of polyester has shrunk, which is expected to give some support to the market price.
3, the downstream holiday news that is difficult to distinguish between true and false
The news of "early holiday" has been heard since November, and one after another. The report shows that there are no official government documents and notices in the downstream texturing, weaving, printing and dyeing fields, but considering the trend of the epidemic next year and the uncertainty of economic recovery, the terminal The field is cautious about the market in the first half of next year. At the end of the year, most users have begun to buy on dips to do inventory mode. Therefore, the market demand in the early years after the year is expected to be difficult to exceed expectations. Therefore, before the Spring Festival, some companies expressed that they would suspend work early. Small and medium-sized enterprise factories have no guaranteed source of income after parking for holidays, so next year they will face a more severe "labor shortage" problem. It is true that the labor shortage is not only affected by this. According to the analysis of the textile industry, the current weaving workers are mostly born in the 70s and 85s, and the graduates born in the 85s and 90s mostly choose jobs in good office environments or in the financial industry. The number of workers in textiles and other infrastructures is gradually decreasing, so the subsequent "labor shortage" problem will continue, and to a certain extent, it will also affect the operation of polyester and downstream equipment.
Judging from the current market feedback, if the price of polyester filament yarn is to continue to rise, either the terminal clothing demand will be improved or the upstream support force will be strong enough. Although the polyester filament market has a high degree of concentration, the market will never escape the "supply and demand relationship". Therefore, the upside is limited by the recovery of the weaving and texturing industries. However, from the current situation, the low season at the end of the year plus the impact of the above news It will take time for the impact to fully rebound.
Of course, there is not much room for the price of polyester filament to fall in the short term. After all, after a long period of price drop, polyester filament has fallen to a very low position. In addition, the pressure on its own inventory is not strong, and the price is relatively high or the intention to increase is greater.
In any case, the market entering the end of the year will enter the stage of upstream and downstream gaming, and who wins and who loses remains to be determined!
Dongyang Laichi Environmental Technology Co., Ltd. has always been committed to the research, development and production of medical non-woven fabrics, spunbonded non-woven fabrics, elastic non-woven fabrics and non-woven fabrics. The elastic non-woven fabric products produced by it can be replaced, recycled, and reused, so you can no longer worry about health problems.
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