Upstream atmosphere is dull, pure polyester yarn market is stable and wait-and-see

[168TEX News] Since the beginning of August, due to insufficient market demand, the current market sales of yarn and cloth have not seen a significant improvement. The overall market situation has been basically stable. Although the price of polyester short products in the upstream has fluctuated slightly, the impact has been minimal. At present, the pure polyester yarn market is basically stable, market participants are in a wait-and-see mood, and shipments are flat. As of August 21, the mainstream transaction price of 32S pure polyester yarn in the pure polyester yarn market in Shaoxiao market was around 11,200 yuan/ton; the mainstream transaction price of 32S pure polyester yarn in the pure polyester yarn market in Changyi, Shandong was around 10,900 yuan/ton; The mainstream transaction price of 32S pure polyester yarn in the polyester yarn market is around 11,100 yuan/ton, which is about 300 yuan/ton lower than the same period last month.

Since August, the upstream polyester staple fiber market has mostly been in a state of stable fluctuations, with stability as the mainstay. As of August 21, the mainstream quotation in the 1.4D direct-spun polyester staple fiber market in Jiangsu and Zhejiang regions is 6,950-7,000 yuan/ton, a decrease of 100 yuan/ton compared with the same period last month. At present, the operating rate of the polyester staple fiber market is at a low level and inventory has also decreased. Therefore, manufacturers’ quotations are currently operating stably. Since August, the polyester staple fiber industry has been profitable. As of August 21, the average profit of 1.4D direct-spun polyester staple fiber in Jiangsu and Zhejiang was about 289 yuan/ton.

Taking 32S pure polyester yarn as an example, based on the polyester staple fiber market center transaction price of 6,930 yuan/ton on August 21, the average cost price of pure polyester yarn raw materials is 7,207 yuan/ton, plus an average processing fee of 3,000 yuan/ton. , the guaranteed cash flow price of this product is about 10,207 yuan/ton. The current transaction price of 32S pure polyester yarn in the Jiangsu and Zhejiang markets is about 11,100 yuan/ton. The average profit margin of pure polyester yarn products is about 893 yuan/ton, while the above-mentioned price is about 11,100 yuan/ton. The profit in the same period of the month was about 1,068 yuan/ton. At present, for polyester yarn manufacturers, the sales volume of polyester-cotton yarn is relatively stable. Due to the decrease in polyester staple fiber prices, new order prices are required to be lowered, resulting in low profits.

According to common sense, the current period should be the end of the off-season for the textile market, and the market should be showing signs of activity. However, as far as the current situation is concerned, although some manufacturers have reported signs of increasing orders, these are only a very small number of manufacturers. The market movement is slightly slow, and the overall orders have not changed significantly. Most textile companies are still in a state of insecurity. Quite a difficult place. Judging from feedback from various places, changes have begun to occur in the near future as downstream autumn and winter orders stabilize and pick up. Market participants generally believe that the price of pure polyester yarn will stabilize in anticipation of the peak season. The author believes that the peak season of pure polyester yarn will take some time.