Unlike previous years, the polyester filament market has continued to rise since the end of 2020.
As the last month of the Spring Festival approaches,
Jiangsu and Zhejiang polyester Another success in the filament market!
The polyester POY part of Jiangsu and Zhejiang rose by 50-100. For example, Tongkun and Xinfengming in the Tongxiang direction increased by 50-100, Hengyi, Rongsheng, and Southeast in the Xiaoshan direction were stable, Lianda’s discount was cancelled, Senkai increased by 100, and Dawo, Quandi, Huaxing, etc. in the Ningbo direction In the Taicang direction, Shenjiu and Huaru rose by 50-100, while Shenghong, Haixin and Sanfangxiang rose by 50.
Jiangsu and Zhejiang polyester FDY increased by 50-100, some 200-250. Except for Jiabao and Shenghong, stocks such as Hengyi rose by 50-100, Hengli rose by 100-200, Tongkun rose by 50-100, Rongsheng rose by 50-250, Tianshengduo rose by 50-100, and Xinfengming rose by 50-100. It rose by 50-100, Huaya part rose by 50-200, Huaxiang rose by 100 individually, Sanfangxiang rose by 50-100, Xinxin rose by 50-150, etc.
DTY of large factories in Jiangsu and Zhejiang rose by 50-100 in some cases, and 150 in some cases. In addition to Shenghong, Rongsheng, Huaxiang and Huaqing, stocks such as Hengyi rose partially by 50-150, Tongkun rose by 50-100, Kaishi rose by 50, Xinghui rose by 50, Senkai rose by 100, etc. The DTY of small and medium-sized companies increased by 50, and the market transaction atmosphere was acceptable.
In the recent period, the price of polyester filament has fluctuated and risen. The main driving force comes from the cost end. Raw material prices have increased and polymerization costs have increased. According to statistics, domestically in November The aggregate cost was 3,977 yuan/ton. The aggregate cost in December was 4,335 yuan/ton, a month-on-month increase of 9%. The aggregate cost in the first week of January 2021 was 4,691 yuan/ton, compared with the aggregate cost in the first week of December, which was 4,134 yuan/ton. An increase of 13.5%.
In addition to cost-side support, the supply and demand side also has certain support for the trend of polyester filament. In mid-December, news about policies on energy conservation, emission reduction, and power rationing appeared in many places in Zhejiang, such as “Tongxiang launches city-wide dual energy control and coal consumption reduction A-level emergency response”, “Hangzhou promotes energy conservation, and more than 3 people outside the city If the temperature rises above 10 degrees Celsius, the government agencies will not allow air conditioners to be turned on.” “Power outages have begun in factories in counties and cities in Jinhua, Zhejiang Province, and energy conservation and emission reduction have begun.” “Cixi chemical fiber enterprises in Zhejiang will have power cuts for 2 days before the end of this month.” According to verification, for polyethylene As far as the ester industry is concerned, texturing companies have a greater impact. Because texturing machines consume a lot of power, many texturing companies in the region have shut down some texturing machines due to policy influence. Recently, due to the high profit level of texturing yarns, , so the operating load of the texturing machine is mostly above 95%. However, affected by this policy, the startup load of the local texturing machine is expected to drop to around 80%. The power limit period of this policy is from mid-December to the end of the month, and then the power limit will be continued by the government It is still continuing. Wujiang and Taicang areas have recently implemented batches of power rationing. Therefore, most related industries start to concentrate on stocking up in mid-to-late December.
Can the price of polyester filament rise again in the near future and after the Spring Festival?
Judging from the situation of polyester factories, the overall destocking effect of polyester filament companies is relatively obvious, which has a certain positive boost for companies to raise prices. The demand for winter orders has picked up since September this year, and some foreign orders have been transferred to China. Therefore, terminal demand has increased substantially. It is said that the current order arrangement for some flat series models is still relatively tight. And the current price of polyester filament is still at a historical low. Taking December 2020 as an example, the average monthly price of POY150F/48F was 5,563 yuan/ton, a month-on-month increase of 7.77%, but compared with the same period last year, it dropped 20.15%.
Therefore, even if the order delivery is completed, the company has certain plans to stock up on inventory, so the overall trend of polyester filament yarn is still good in the near future.
But what the market outlook should pay attention to is the holiday situation in the downstream. At present, downstream texturing, weaving, printing and dyeing and other fields have successively issued holiday notices, although local governments are also We are encouraged to stay in the local area for the New Year, but overall, most workers have a strong willingness to return home. Considering the uncertainty of the epidemic trend and economic recovery next year, the terminal field is cautious about the market in the first half of next year, and most users have already The mode of buying at low prices has begun to build inventory, so some companies will stop work and take holidays in advance before the Spring Festival. The demand for downstream weaving has weakened, and at the same time, polyester factories still maintain high operating conditions, which will suppress the increase in polyester filament prices in the future.
On the whole, the editor believes that polyester filament will continue to rise, but it is estimated that the amount of raw materials purchased in the future may decrease, so in February During this period, the price of polyester filament remained strong. Even though downstream startups declined during the Spring Festival, the overall inventory accumulation is expected to be limited, which will continue to support the overall price after the Spring Festival. </p
