Time has entered mid-January, and weaving companies have begun to take holidays one after another. A lot of things have happened in just one week: the Trump administration showed its “final madness” and announced a complete ban on the import of Xinjiang cotton , another giant printing and dyeing industrial park was born in Guangxi, and dyeing factories across the country successively announced holiday plans…
Next, let us look down to understand the market dynamics of the week.
The United States announced a comprehensive ban on the import of Xinjiang cotton
According to Reuters, on January 14, Reuters reported that the U.S. Customs and Border Protection stated that the United States would ban the import of all cotton and tomato products from China’s western Xinjiang region. The ban applies to cotton yarn, clothing and textiles made from cotton grown in Xinjiang, as well as tomato-based food and seeds from the region.
U.S. Customs and Border Protection officials said at a news conference that the ban, known as a “WRO” (WRO), also applies to processing or manufacturing in third countries. Products.
The editor has something to say: Trump is “in trouble” for “inciting” the riots in Congress. As his term enters the countdown, he has no time to take care of himself, but he is still targeting China is staged the “final madness”, and this situation will inevitably not last long.
Another giant printing and dyeing company in Guangxi The birth of the garden
On January 13, enterprises entering the Bobai New Ecological Textile Industrial Park in Guangxi gathered together The signing and groundbreaking ceremony was held in Bobai County.
The park is located in Yashan Town, Bobai County, Yulin City. It is invested and constructed by Yulin Zhongyuan Environmental Protection Technology Co., Ltd. as a first-level developer. With the construction goal of “domestic full garment industry chain park” and the development focus of “creating high-end textile and apparel”, it covers sizing, printing and dyeing, wool dyeing, vat dyeing, textile, knitting, garment making, fine chemicals and other related industries. The park We will develop a complete clothing processing industry chain, vigorously cultivate advanced textile and high-end brand clothing enterprises, build the industrial brand of the park, and effectively build it into a first-class new ecological textile industrial park in Guangxi, becoming a key link in Yulin’s 100 billion clothing industry.
The editor has something to say: In recent years, as loom production capacity has been continuously transferred to peripheral areas, many supporting production capacities have also begun to show signs of transfer. This is an inevitable result of the transfer of the textile industry. .
China’s import and export scale hit a new high in 2020
On January 14, data released by the General Administration of Customs showed that in 2020, the total import and export value of China’s goods trade was 32.16 trillion yuan, which was 32.16 trillion yuan compared with 2019. An increase of 1.9%. Among them, exports were 17.93 trillion yuan, an increase of 4%; imports were 14.23 trillion yuan, a decrease of 0.7%; the trade surplus was 3.7 trillion yuan, an increase of 27.4%.
Foreign trade import and export have achieved positive growth for seven consecutive months since June 2020. The annual import, export and total export value both hit record highs, and the international market share also hit the best record in history. , becoming the only major economy in the world to achieve positive growth in trade in goods. In the first 10 months of 2020, my country’s import and export, export, and import international market shares reached 12.8%, 14.2%, and 11.5% respectively, all reaching record highs.
The editor has something to say: Under the influence of the “black swan” of the new crown epidemic in 2020, it is not easy for China’s economy to still maintain vitality and its import and export to reach new highs. In the new year, the textile market will surely see further recovery.
Printing and dyeing companies have successively released holiday plans
Printing and dyeing companies in major printing and dyeing production bases such as Jiangsu, Zhejiang, Fujian, and Guangdong have successively released holiday plans. The earliest planned holiday is January 15th (the third day of the twelfth lunar month) , the holiday in some areas is later or postponed to February 1 (the twentieth day of the twelfth lunar month). The sample enterprises plan to start operations as early as February 19 (the eighth day of the first lunar month). In some areas, the start time is later or postponed to February 27 (after the fifteenth day of the first lunar month). The actual resumption of production still needs to be adjusted based on the arrival of non-local employees. , it is expected that the printing and dyeing operation rates in various regions may gradually return to normal levels by the end of February.
The editor has something to say: The market has entered the final stage, and printing and dyeing manufacturers have also released holiday plans one after another. Textile companies need to make early plans based on their own order-taking situations.
Market Review
Polyester: In terms of PTA, the price of PTA increased slightly this week. Due to the increase in international oil prices, downstream textiles are replenishing goods in stages. Stocking up, the cost and demand of PTA and ethylene glycol have been supported, and the current PTA internal market transaction negotiations are around 3850-3930 yuan/ton.
In terms of polyester filament, the price of polyester filament continued to rise this week. As of Thursday, FDThe quotations of Y 75D/48F mainstream manufacturers have risen to around 7200-7300 yuan/ton, while the quotations of FDY 50D/24F products have risen to around 8300-8400 yuan/ton.
In terms of profit, PX’s loss this week expanded slightly compared with last week, and its current loss space remains at US$205 /Ton. As for PTA, it is still losing money this week, and its current loss is around 114 yuan/ton. In terms of ethylene glycol, profits continued to remain profitable this week, with profits currently shrinking to US$8/ton. In terms of polyester filament, polyester prices rebounded slightly this week, and the profit and loss of each product varied; FDY profit and loss narrowed to 129 yuan/ton; POY 150D is still profitable, with a current profit of 221 yuan/ton; DTY 150D has further expanded its profit margin. The current profit is 271 yuan/ton.
In terms of operating rate, the average weekly operating rate of PTA this week is concentrated at 73.9%, an increase of 0.1 from last week %; the real-time operating rate is 73.1%, and the real-time effective operating rate is 81%. In terms of polyester, the average load of polyester this week was concentrated at 88.5%, down 0.7% from last week. In terms of weaving, the recent operating rate of weaving manufacturers has stabilized at around 70%.
In terms of production and sales, polyester production and sales performed generally this week. Although raw material prices increased, due to Weaving companies have started to take holidays one after another, so the enthusiasm for purchasing is not strong. Only on Wednesday, production and sales were able to be flat.
In terms of inventory, judging from the statistics of China Silk City Network, the overall inventory of the polyester market is now concentrated in 13-26 days; in terms of specific products, POY inventory lasts for 3-8 days, FDY inventory lasts around 8-23 days, and DTY inventory lasts around 15-26 days.
Weaving: The current market shipments are divided. As the new year approaches, new orders in the market have weakened significantly. , workers in the market have returned home early, and factory operations have declined. The current operating rate in Shengze area is 70-80%. In terms of inventory, the trading atmosphere of weaving factories is not as good as in the previous period. The inventory of gray fabrics in Shengze area is generally stable, at 40% About days. Next week, as the holiday node approaches, market transactions will further decline, and the market is expected to enter a weak consolidation stage.
In terms of profits, due to the rise in international oil prices, downstream textile replenishment and stocking are staged, and the demand for polyester filament and The cost performance was good, with prices rising steadily. Among them, the quotation of FDY 50D/24F products rose to around 8300-8400 yuan/ton. In terms of gray fabrics, driven by frequent increases in raw materials, gray fabric manufacturers’ shipments are acceptable and prices have also increased. However, the actual transactions have diverged. The growth rate of gray fabrics has not been as fast as that of raw materials, and profits have been stable with some declines.
Printing and dyeing: Most dyeing factories are receiving orders well this week, and there are signs of a gradual increase in the number of orders. However, The printing and dyeing market is still polarized, and some manufacturers are still receiving ordinary orders. The overall operating rate of dye vats this week is around 76%. Many manufacturers still need to queue up for 7 days to press the card, and the delivery time can reach more than ten to 20 days. For manufacturers with relatively free time, the delivery time is about 7 days. Some dyeing factories with fewer orders have already clarified their holiday times.
The Lunar New Year is getting closer and closer, and weaving companies have begun to take holidays one after another. As the dyeing factories are about to suspend production, The fabric market has also come to an end. In the future, textile companies will gradually enter the Spring Festival holiday period, and the market will calm down. </p
