“Sales are strong in peak seasons and bestsellers in off-seasons.” This is the most intuitive impression this year on mass-market fabrics such as polyester taffeta and imitation memory. Although the overall fabric market situation was sluggish in August, the popularity of polyester taffeta and imitation memory remained unabated. Not only did the gray fabric market become busy again these days.
With the launch of the fourth batch of central environmental protection inspections, water-jet looms are once again under strict control, and the market’s concerns about the difficulty in finding bulk fabrics in the future have once again escalated. In the past few days, the fabric market has been dominated by gallbladder fabrics and 210T polyester fabrics. The husband and pongee markets are very large in terms of shipments, and weaving manufacturers are in tight supply.
The FDY industry conference coincides with environmental protection rectification, the mentality of weaving manufacturers has changed, and the polyester market production and sales exceeded 100% in five days
Although the sword of Damocles hangs over the weaving market, it is undeniable that those manufacturers that have not been eliminated are still doing well. Weaving manufacturers have low inventory, sufficient orders, and good profits. The manufacturers have a lot of funds on hand. How much raw materials weaving manufacturers prepare this year mainly depends on their mentality. At the beginning of August, raw materials were falling continuously. Weaving manufacturers had sufficient stocks on hand and were very cautious when purchasing goods.
However, after the FDY industry joint meeting was held last Wednesday (August 9), the price of polyester filament bottomed out, and weaving manufacturers have already digested most of their early stockings. They have relaxed their mentality of replenishing goods at low prices, and the polyester filament market has bid farewell to the market for half a month. Despite the sluggish market, production and sales soared, with production and sales exceeding 100 for 5 consecutive days.
On August 10, a chemical fiber factory in Wujiang reached 500% of production and sales after the previous day’s production and sales of 750%. A factory in Huzhou produced and sold 300%. A factory in Jiangyin had FDY production and sales of 500%. They are closed and not for sale!
On August 14, the production and sales of the polyester market continued to rise. Among them, Rongsheng FDY was closed, Shenghong’s production and sales were 200%, and the discount was cancelled. The production and sales of a chemical fiber factory in Zhejiang reached 300%. For several days in a row, the production and sales of polyester manufacturers have remained at around 150%, and polyester manufacturers have shipped smoothly.
On August 15, the polyester market continued to increase in volume, with average market production and sales approaching 180%. Hengyi closed in the morning, and Sanfangxiang filament production and sales were 450%.
Downstream companies let go of goods, polyester manufacturers’ inventories fell, and polyester filament yarns surged again
As the enthusiasm for downstream purchasing continues to rise, the production and sales of polyester filament continue to increase, and the inventory of polyester filament has also dropped significantly. At present, the overall polyester market inventory is concentrated around 5-18 days; FDY inventory is reduced to 3-9 days, POY inventory is concentrated at 5-8 days, and DTY inventory is concentrated around 15-24 days.
The price of polyester yarn has also stabilized from the original decline, and has directly switched to the general rise in recent days. It is reported that on August 15, the prices of POY and FDY in mainstream factories in Jiangsu and Zhejiang rose by 50-100 yuan in part; on the 16th, most of the FDY prices rose by 50-100 yuan, and the DTY part followed suit and increased by 50-100 yuan.
Do you still remember the bull market in polyester yarn in June? In June, the intensive stocking of downstream products caused by environmental protection caused the supply of FDY to exceed demand, which in turn led to a sharp rise in the entire polyester market. Now, a similar market situation is happening again. After entering mid-August, a new round of environmental protection rectification was launched, and the mentality of stocking up in the downstream market was revived, which directly drove the market of polyester filament. As the autumn and winter order season “Golden Nine and Silver Ten” approaches, and with the expectation of improving downstream demand, has spring arrived for polyester filament?
</p
