The epidemic will eventually be cleared dynamically, but this year it has really dealt a serious blow to the textile market. There are orders but no goods, and there are back and forth between goods but no orders. The confidence of textile people is constantly lacking, and it is difficult for bosses. It is even more difficult for employees, and how tenacious perseverance it takes to bear pressure from top to bottom!
High level of raw materials
Tongkun Hengyou’s polyester filament unit will be shut down for maintenance from April 24, involving a production capacity of 300,000 tons. The restart time is expected to be in Sanfangxiang in early May. The polyester filament unit will be reduced from April 15, involving a production capacity of 400,000 tons. Shaoxing Tiansheng From April 18, the production of polyester filament plants will be reduced, involving a production capacity of 800,000 tons…
As April is the fourth month of silver, due to force majeure, more and more large factories have suspended or reduced production. Indeed, it has been quite effective, and the polyester filament market has stopped its downward trend.
As of April 22, 2022, according to data from Silkdu.com, the price of FDY150D was 8,630 yuan/ton, an increase of 330 yuan/ton from last Thursday; the price of POY 150D was 8,630 yuan/ton, an increase of 280 yuan from last Thursday. / ton; the price of DTY 150D is 8,630 yuan / ton, an increase of 200 yuan / ton from last Thursday. However, for polyester yarn, the cost is also at a high level, and the indifference of the downstream cannot make polyester yarn prices continue to rise. Therefore, FDY and POY profits are currently in a state of loss and fluctuation.
However, although there are current production cuts and price guarantees, it is a fact that downstream demand is poor. It is difficult for factories to destock in the short term. Most polyester manufacturers’ prices have basically remained stable over the past week. Polyester yarn production and sales have maintained a slight fluctuation, and there is no obvious pulse upward trend.
Struggle downstream
Yesterday, Hangzhou Huanbei Silk and Garment City was closed for management from the 23rd. The business hours are to be determined. The area where it is located has launched a second-level response, and some areas have implemented control measures according to the first-level response. Not only Hangzhou, but also garment cities in Gaoyou, Xiaogan, Langfang and other places have adopted closed management measures due to the epidemic.
Some bosses claimed that their more than 200,000 yuan in spring money was blocked at the stall, and 80,000 in summer money was also blocked, and they were helpless. Some clothing stores have been closed for nearly two months. This is really a blow to the textile people who depend on the weather to make ends meet.
Many people say this year it is indeed more difficult. Even if you get through it, it will be like starting all over again. Workers need to eat, factories need rent, and customers need to pay their bills. It is a struggle and perseverance in today’s volatile market.
In fact, the textile market is currently affected by the epidemic. It either presses the pause button on control or gradually resumes work. Generally speaking, the changes show no obvious signs of improvement, and the trading atmosphere in the market has been light for days. Most of them are just needed to maintain. The busy scene of previous years is a bit unattainable today.
Terminals are frequently affected by the epidemic, and transmission is as if they are separated by a mountain. Although the general direction of prevention and control policies in various regions is the same, various regions still adopt policies to varying degrees in accordance with the actual situation. The demand in the overall textile market is indeed sluggish. As far as Jiangsu and Zhejiang are concerned, textile mills in some areas are in a state of coexistence of startup and shutdown.
It can be seen from the Shengze Index of the Ministry of Commerce that the operating rate of downstream weaving enterprises has increased slightly. At present, the domestic and foreign trade textile market demand is not performing well. New orders are sporadic and downstream rigid demand is average. However, this week, the operating rate of some factories affected by environmental protection in the early stage has eased, so the operating rate has increased to 69%.
Today is a difficult time for the entire industry. No matter what, we must work hard to survive! Only by getting through this can we expect the mushrooming of orders after the epidemic is over!
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