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In the face of the continuous rise of polyester raw materials, the downstream weaving enterprises have been unable to sit still. Yesterday, the relevant business associations organized member companies to issue a price increase notice to ease the cost pressure caused by rising raw materials.
Since the news that China and the United States are willing to resume trade talks between the two countries on Wednesday, the polyester market has already ushered in a wave of climax. PTA's main futures have risen sharply, and with the downstream buying sentiment, they began to make up their positions. The production and sales volume of the factory, especially in the POY factory, is better. The price of some second-tier factories was raised or reduced by 50-100 last Wednesday afternoon. Thanks to this, the price of the polyester factory was raised last Thursday, and the focus of the discussion continued. rise.
After this wave of production and sales, the overall decline of polyester filament stocks was obvious. Some of the second-line POY/FDY factories were oversold, mostly around 7-10 days. The rest of the factory's overall inventory was also relatively low, supported by this, plus The US trade ushered in substantial positives, and the factory quotations continued to increase on weekends.
It is understood that the downstream grey cloth market, which affects the demand of the polyester market, has also been improved. At present, the price of grey cloth has been at a historical low, and traders are eager to move.
The production and sales of polyesters are improving, and the price of polyester filaments is rising slightly. The most direct impact is that the price of grey cloths has begun to stabilize and stabilize.
Affected by the market cost of polyester in the Sino-US trade, some traders have begun to make a fuss. Recently, the market has uploaded a lot of news that the grey cloth traders are ready to start stocking, and the handwriting is not small, and the number of transactions is even more than Millions of meters.
In the off-season, we can stage such a wave of rising prices of raw materials, so that downstream companies can find the opportunity to ship at low prices. Constrained by the low price of pre-gray fabrics and the high inventory of finished products in the weaving factory, the trade-end low-end purchases and manufacturers' shipment intentions are stronger. Therefore, sales of most conventional varieties in the entire market began to pick up, and market orders increased from the previous period. As the upstream raw materials increase by more than 1,000 yuan in the short-term, the expectation of the decline in raw materials in the early period is weakening, and the driving force of the market has gradually returned from the weaving end to the upstream raw material end.
In the past more than a month, such a market has appeared many times, each time is the same beginning, the same end, the raw materials have risen sharply, under the buying up sentiment, the downstream passive replenishment, the polyester wire production and sales volume, the polyester factory inventory constantly After the decline, the polyester filament was supported and the price rose. However, after the downstream replenishment, the demand fell, and the polyester filament price was flat.
This wave of rising prices, the price of polyester filament mainstream POY 150D/48F rose from a two-year low of 7,500 yuan / ton to 8,450 yuan / ton, a month's increase of more than 1,000 yuan / ton, and inventory also fell sharply, three The mainstream stock level of large varieties fell sharply from 18 days, 25 days and 32 days in late May to 1 day, 4 days and 12 days, and the inventory was very obvious.
Xuzhou Heping Chemical Fiber Co., Ltd., located in Xuzhou Huaihai Economic Development Zone, provides customers with high-quality and high-quality polypropylene high-strength yarns with the production technology, strict quality control system and high-quality after-sales service. The product performance is good and the price is right, and can support the customized sample. The main products of peaceful production are: polypropylene industrial silk, split film industrial yarn, high-strength polypropylene network wire, polypropylene high-strength wire, polypropylene high-strength wire and other polypropylene products.