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Two Big Help Makes Pure Polyester Yarn Center Of Gravity Rise Obviously

2020/10/20 12:34:00 0

Pure Polyester Yarn

After the festival, the pure polyester yarn market, driven by the two advantages of the better demand and the listing of staple fiber, the production and sales of enterprises continued to expand, and the inventory of finished products decreased significantly. Under the joint drive, the pure polyester yarn center of gravity rose significantly.

Table 1 Comparison of main specifications and prices of pure polyester yarn before and after National Day

Unit: yuan / ton

Specifications

remarks

nine May 30

ten September 9

ten May 15

market

Price method

T32S

Ring spun Dahua knitting

nine thousand and four hundred

nine thousand and eight hundred

ten thousand and eight hundred

Changle

Short delivery including tax

Ring spun Dahua knitting

nine thousand and five hundred

ten thousand

eleven thousand

Suzhou

Ex factory tax included

Siro Dahua knitting

fourteen thousand and three hundred

fourteen thousand and three hundred

fourteen thousand and three hundred

Nantong

Ex factory tax included

Tight match Dahua knitting

thirteen thousand

thirteen thousand

thirteen thousand

Suzhou

Ex factory tax included

Dual use of ring ingot

nine thousand and two hundred

nine thousand and five hundred

nine thousand and eight hundred

Jinzhou

Ex factory tax included


Source: Longzhong information

National Day holiday return, pure polyester yarn center of gravity increased significantly.

First of all, since the second half of the National Day holiday, the market demand for cold resistant fabrics has increased, and weaving enterprises in the domestic market have a certain demand under the support of the double 11 orders. Under the condition of improved shipment, the inventory of terminal weaving grey fabric has rapidly declined, and the terminal weaving start-up rate has also increased significantly compared with that before the festival. According to Longzhong information statistics, as of October 15, the national cotton textile comprehensive start-up rate was 71.35%, up 13.38 percentage points month on month. The improvement of terminal demand for pure polyester yarn further supports the obvious rise of pure polyester yarn gravity center. Under the rising market, it also stimulates domestic traders to concentrate on stock preparation, and pure polyester yarn enterprises go to the warehouse obviously, which further drives the pure polyester yarn center of gravity to rise.

On the other hand, the centralized replenishment during the holidays made the finished product inventory of polyester staple fiber factories decline significantly, and the listing of polyester staple fiber futures this week also further enhanced the market's pursuit of staple fiber. The first day and second day of listing continued to close at the limit, driving the spot price to continue to rise. The production and sales of staple fiber enterprises continued to be better, and the inventory of staple fiber enterprises decreased significantly, and some enterprises even exceeded the quota For 15-30 days.

Under the promotion of these two aspects, the inventory of pure polyester yarn finished products decreased significantly. As of this Thursday, the weekly average inventory of pure polyester yarn industry was 9.83 days, 7.57 days lower than that before the festival. And part of the marketable model list tension, most cotton mill pre-sale orders have been scheduled to early November. Meanwhile, the rise of the center of gravity, the decline of inventory and the improvement of processing costs also boosted the mentality of yarn enterprises to a certain extent, and the startup load after the festival also increased significantly. As of this Thursday, the average operating rate of pure polyester yarn industry was 71.23%, which was 11.41% higher than that before the festival. In addition, with the weather turning cold and the shortage of work may be improved, and the pre-sale orders support, the later pure polyester yarn starting rate may have a narrow rise expectation.

In the later stage, although after continuous rise, the polyester staple fiber market may have a high falling risk, but considering the tight spot supply of enterprises, the overall decline is limited, and on the demand side, at this time, the orders of pure polyester yarn enterprises can mostly support to the end of the month, and some can even support to the middle of November. With the superposition of marketable specifications, the supply is still tight at this time, so it is expected that the pure polyester yarn will still be in the next week The trend is narrow and warm.

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