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November holiday pure polyester yarn market summary and market outlook forecast

by:Chengyi     2021-03-15
In terms of raw materials:    changes in crude oil prices during the National Day holiday    changes in the price of polyester staple fiber during the National Day holiday    Polyester staple fiber:    Polyester staple fiber suppliers continued to give profits before the National Day holiday, and the overall inventory level of the company was at a low level. However, during the festive period, market transactions are scarce, and the inventory levels of factories after the holiday will increase to a certain extent. The industry has greater worries about the market after the holiday. However, due to the limited stocking efforts before the festival, the post-holiday market is facing a certain rigid demand, and PTA has a major factory overhaul plan, the cash flow of staple fiber has already lost, and the market after the festival may have no significant room for decline. Forecast: On the whole, the production and sales of the holiday market are generally flat, the inventory level of polyester staple fiber companies has increased, and some companies with over-stocked after the holiday still have certain promotion possibilities; however, most of the company’s cash flow is currently at a loss, and the major PTA factories are undergoing maintenance or repairs. Its price constitutes a short-term boost, and it is expected that the price of polyester staple fiber may have no significant room for decline for the time being.  Pure polyester yarn price changes during the National Day holiday   Pure polyester yarn:   The price of direct-spun polyester staple fiber in Fujian during the National Day holiday mostly remained stable, and the price center of pure polyester yarn market has adjusted back by 200 yuan/ton. The mainstream price of pure polyester yarn market was slightly confused. After the National Day, the downstream textile enterprises' 'Double Eleven' orders were gradually delivered, and the demand declined compared with the previous period. Some yarn enterprises faced the risk of accumulating inventory, and the industry was bearish sentiment. Under pressure, market bidding and low prices frequently occur, lowering the overall market price center. Forecast:    pure polyester yarn market prices are slightly chaotic. With the pre-holiday pre-sale orders being delivered and the downstream demand gradually falling after the National Day, some companies face the risk of inventory accumulation. The industry is still bearish on the market outlook, and a few yarn companies give profits to their shipments. To ease the inventory pressure, low prices were frequently produced under market bidding, which lowered the overall transaction center of gravity. However, considering that the current profit of pure polyester yarn is close to the cost line, if there is no obvious change in the raw material end, the price will continue to fall to a limited extent. Article keywords:  Pure polyester yarn
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