In the blink of an eye, May is almost entering the middle of May. According to common sense, although the peak season has passed, there is a high probability that a batch of orders will be issued shortly after the peak season ends. After all, orders will be even rarer in the off-season of June and July. But in May of this year, not only did some manufacturers feel sad, saying that there were no orders this year, but some manufacturers also adjusted the working hours of their employees to three shifts, two or two. class……
Ingredients “Totally Crazy”
Now there is no way to stop crude oil. As of May 7, WTI crude oil was at $109.77/barrel, an increase of 1.51 from the previous day, and Brent crude oil was at $112.39/barrel, an increase of 1.49 from the previous day. It is moving forward steadily on the road of growth. Even if there is a decline, it is still at a high level and is currently unable to shake its position at US$110/barrel. As a result, PTA has also risen all the way. Although downstream production has been significantly reduced since April and profits have been lost, the balance of PTA still exists from the perspective of supply and demand.
This has led to strong support for polyester costs, and even though polyester faces insufficient downstream demand, it is still in a situation where it is easy to rise but difficult to fall. Polyester yarn has been selling at a profit and at a loss for a long time. Except for DTY 150D, some polyester products such as FDY 150D and POY 150D have been losing profits for more than a month.
Even so, the overall production and sales situation since April has not been good. Now that May Day has just passed, production and sales have returned to normal except for being “beautiful”. With the gradual opening of logistics, some closed toll gates are gradually relaxed, and enterprises With the steady recovery of production, if polyester manufacturers have been in a state of heavy losses, even if they reduce production and protect prices, they will not be able to afford it for a while. Therefore, in recent times, polyester manufacturers have been gradually raising the prices of their products following the craziness of raw materials. As of May 9, FDY 150D was quoted at 8,700 yuan/ton, POY 150D was quoted at 8,015 yuan/ton, and DTY 150D was quoted at 9,400 yuan/ton. All products have shown an upward trend in recent times.
Gray cloth is “stubborn”
Polyester prices are now making a comeback. Although they have experienced a period of decline, overall they are still at a high level. This high level of raw material prices has made many weaving factories even worse! In the current market situation, it is difficult for gray fabrics to rise very much. Even tent fabrics, which have been in the spotlight recently, cannot raise the price of gray fabrics. Not only that, customers also have to lower prices, but it is the weaving bosses who suffer the most. They have to accept orders and suffer losses!
Nowadays, when the demand has not yet recovered, express delivery is always faced with suspension of delivery in the control zone. Even if the delivery place is business as usual, the express delivery will be sent home if the place it passes is in the control zone. The editor’s recent shopping desire Everyone is falling like crazy, let alone everyone.
Therefore, the most lacking thing in the market is orders. Textile bosses will not give up any opportunity to receive orders. There are not many hot-selling varieties, and not every factory has old customers who always take over the production of products. The competition is so fierce. If you don’t take the order at a loss, naturally some manufacturers will do it. In the early stage, there were traders who took the order at a loss, and in the later stage, weaving manufacturers will inevitably produce at a loss. What’s more, the factory the editor asked about has no new orders this year even after finishing last year’s orders. Some manufacturers have few orders but cannot stop work and have to change their employees’ shifts from opposite shifts to three or even two shifts. Two shifts to keep workers…
In general, although the epidemic is now slowly being controlled, the market affected by the epidemic has actually been greatly affected. It cannot be recovered by price changes alone. The most important thing is that demand has also increased. We have to keep up and see if subsequent changes can help pick up the peak season in the second half of the year.
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