1. Market reversal! Polyester filament: DTY has risen by nearly 2,000 yuan/ton! (Popularity: ★★★★★★)
Affected by the power restriction policy at the end of the third quarter, downstream weaving, printing and dyeing companies shut down large areas, and demand shrank sharply , polyester filament faces the risk of inventory accumulation. However, under the support of the cost side, the focus of market negotiations continues to rise. The rise in raw materials continued after the National Day holiday. Due to the pressure on the cost side, polyester filament yarn continued to rise.
The transaction price of polyester filament has continued to decline since September. As various regions implement power rationing policies, demand has plummeted, and the supply pressure of polyester filament has become prominent. In mid-to-late September, polyester filament prices The inventories of filament yarn companies have reached a monthly high, and most industry players believe that autumn and winter orders are overdrawn in advance, and it will be difficult for the market to replicate the prosperity of last year during the National Day holiday. Therefore, many discount promotions are planned before the holiday. With the further pressure from power restriction policies in various places, polyester filament manufacturers have also gradually reduced their burdens, and both supply and demand have dropped. Coinciding with the increase in raw material prices, with the help of the cost side, the plot of polyester filament has reversed and fluctuated upwards at the end of September.
After the National Day, as the power restriction policy in the cluster market gradually slowed down the recovery of downstream demand, polyester filament was out of control! As the star variety of this round of rising prices, DTY has increased by nearly 2,000 yuan/ton in the past month, an increase of more than 1,000 yuan compared with before the holiday.
2. Under the “wave of power rationing”, is the “holiday wave” coming? Some companies have a maximum holiday period of 85 days! ( Popularity: ★★★★★)
Recently, a company in Wuhan, Hubei Province issued a holiday notice, saying that in response to the needs of employees in various departments, In response to demand, in order to give back to the rapid growth in performance in the past three quarters, we have decided to continue to give all employees a happy, peaceful and safe holiday. Vacation arrangements: 19:00-9:00 from October 8th to December 31st, a total of 85 days.
This notice that the holiday will last until the end of the year made many people feel dumbfounded. Some people said that the holiday is at night, which is equivalent to taking a holiday in their sleep. Some people also say that although it is said that the holiday is due to good performance, is it actually due to low orders or the inability to start work? Will the next step be for the factory to be completely deregistered during a “holiday”? Although it sounds like a joke, this situation is actually not uncommon in recent times. At present, most textile and chemical fiber companies in Jiangsu and Zhejiang have once again experienced power and production restrictions, and companies in Guangdong, Chongqing, Chengdu and other places have also successively issued notices of production suspension and holidays.
3. Textile and chemical fiber companies have “self-help” price increases and may face a shortage of goods in the future (Popularity: ★★ ★★)
Whether it is the supply of coal at the source end exceeds demand, or the downturn caused by limited production lines and continued low operating rates, it is fatal for textile and chemical fiber companies. Under the surge in costs, textile and chemical fiber companies can only choose to increase prices to pass the pressure to downstream and “self-rescue”. Since October, companies have not stopped increasing prices. Some companies even remind customers to confirm the availability and stocking cycle before making purchases.
The production capacity of textile mills has been compressed, inventories have begun to fall from high levels, and sales prices will also rise slightly. On October 9, the inventory of gray fabric weaving was about 32.5 days. The production restriction of looms continued, and the inventory of gray fabric dropped sharply. Not only that, the price of many gray fabrics has increased astonishingly, with both volume and price rising, and even supply is tight, and people have to queue up to get the goods.
It is understood that in areas where power outages continue after the holiday, the textile and chemical fiber industry is relatively developed, involving a variety of textile and chemical fiber products. Under the strict power and production restrictions, many companies have announced that they will no longer work overtime during the holidays. In other words, the gap in these products is still there and is getting worse. Before energy consumption control achieves certain results, it will be difficult for the above areas to resume production, and the shortage of supply will continue to push up the prices of related industry chain products.
4. Power and steam have been successfully supplied, and the 360,000-ton spandex project is about to be put into production! (Popularity: ★★★)
At 6 pm on October 1, the 330 kV Jianghan Transformation Hanxing Ammonia II Line was successfully put into operation at intervals , the first phase of the Hyosung Spandex (Ningxia) Co., Ltd., the largest foreign investment project in Ningxia, successfully delivered power, which means that the company is officially qualified to start production.
On October 3, with the successful completion of the last welding joint across the G20 Qingyin Expressway pipe jacking work shaft, it marked the Ningdong Base Coal Chemical Industry Park and Environmental Protection Industrial Park Steam The pipeline network project’s section from Maliantai Power Plant to South Korea’s Hyosung is fully connected and has the conditions to supply steam to South Korea’s Hyosung spandex project.
Hsiaosung Spandex (Ningxia)’s annual output of 360,000 tons of spandex and its raw material supporting projects is planned to cover an area of 1,000 acres with a total investment of 12 billion yuan. It will be planned in one go and implemented in phases. It is constructed in five phases. The main body of the first phase project has been completed and equipment installation is in progress. It is expected to be put into production on November 1 this year.
After the project is fully completed and put into operation, it will produce 360,000 tons of spandex and 300,000 tons of polytetramethylene ether glycol series products annually, with an annual sales revenue of 21 billion yuan. Ningdong base will become the largest spandex factory in the country and even the world.Production base.
5. Printing and dyeing factories have adjusted dyeing fees again, with dyeing prices increased by 300-1,000 yuan/ton (hotness: ★ ★)
Recently, energy prices in the international market have continued to rise, prices of various raw materials have increased crazily, domestic supply and demand for coal and electricity have continued to be tight, coal prices have soared rapidly, and the cost of steam in the textile industry Straight up. In view of the current market conditions, some printing and dyeing factories in Zhejiang, Guangdong, and Jiangsu have issued notices of dyeing fee adjustments. At the same time, some dyeing factories said that if generators are used for power supply, the dyeing fees will be increased by 1,000 yuan per ton.
Faced with the sharp rise in production costs such as energy, raw materials, labor, steam, natural gas and sewage, printing and dyeing enterprises should adjust their thinking in a timely manner. The only way to do this is to focus on the “double carbon” goal and do everything possible to reduce unit energy consumption. consume and control the total amount of energy, and take a green and low-carbon road; only by accelerating technological innovation and management excellence, doing everything possible to develop “internal strength” to reduce costs, take the road of controlling quantity and improving quality, and promote the printing and dyeing industry to increase product added value and core Competitiveness.
6. Shenghong’s annual output of 250,000 tons of recycled fiber and supporting texturing has been put into production in Siyang, northern Jiangsu! (Popularity:★)
On October 8, 2021, Jiangsu Ruibang Technology Co., Ltd. has an annual output of 250,000 tons of recycling The production ceremony for fiber and supporting texturing was held grandly in Siyang, Jiangsu.
It is understood that Jiangsu Ruibang Technology Co., Ltd. is a secondary wholly-owned subsidiary of Jiangsu Oriental Shenghong Co., Ltd., with a total investment of 3.5 billion yuan in the first phase of the project, covering an area of About 402 acres, 150 sets of new production equipment such as German Barmag winding machine and Japanese TMT texturing machine are installed. The project has the characteristics of high technical content, high product quality and high added value. It is expected to have an annual output of POY, FDY, 250,000 tons of DTY and other recycled fibers, achieved sales of 3.5 billion yuan, paid tax of more than 100 million yuan, and created more than 1,500 jobs. </p
