Recently, the chemical plate bucked the trend of rebound! On the 13th, crude oil rose more than 3%, asphalt, staple fiber, LU rose more than 2%, PTA, methanol, LPG, Shanghai nickel and other rose more than 1%.

Polyester market to stop the rally

Recently, the polyester market operating rate has fallen to the low of the year. As of December 8, the comprehensive operating rate of domestic polyester market was 76.03%, down 1.84% compared with the previous week. The downstream polyester market also continued to reduce production, so the overall operating rate of polyester industry declined to the lowest level in this year. Among them, the comprehensive operating rate of polyester filament is 70.57%, the comprehensive operating rate of polyester staple fiber is 78.01%, the comprehensive operating rate of bottle PET is 84.04%, and the comprehensive operating rate of fiber PET is 88.02%.

With the rebound of crude oil prices, chemical commodities may see a rebound. Under the background of optimized epidemic prevention and control, terminal orders have picked up in stages, some buyers have resorted to bottom-fishing operations, the bottom of the chemical fiber industry has gradually formed, and the polyester market has stopped falling and rebounded.

By December 12, PTA inner disk quotation has returned to 5220 yuan/ton, four working days up 3.5%, polyester filament market inquiry atmosphere is also constantly improving, the transaction center continues to probe, downstream to take goods enthusiasm, polyester filament production and sales rate warming, individual enterprises production and sales volume.

Around the textile market stock enthusiasm recovery

From the perspective of the terminal market, the inquiry and purchase of downstream terminal customers picked up, and the frequency of order and communication also increased. In addition, the local textile market traders stockpiling enthusiasm also picked up, market confidence is gradually recovering.

Jiangsu grey fabric: the current opening rate is more than 90%, basically flat with last month, the cotton market spot resources supply is gradually sufficient, the price of conventional yarn is still in the downward channel, grey fabric orders inquiry reduced, the transaction is low, the price of conventional varieties further declined. First-line brand overall order demand is still not prosperous, the follow-up market trend is cautiously optimistic.

Guangdong denim: Recently, the price of cotton is stable, and the price of pure cotton denim yarn is low. The price of OEC10 is 15400 yuan/ton, and the price of indigo dye is stable at about 65,000 yuan/ton. The downstream order is less, the enterprise maintains the operation, the opening rate is about 70%, the sales pressure is greater, the inventory is high.

Jiangsu yarn-dyed fabric: The overall purchase and sale of the market is slow, the export order inquiry has increased compared with the previous period, the total order is relatively weak, and the opening probability is basically stable. The shipment and logistics of enterprises are more smooth, and the opening ceremony may show a slight recovery. Towards the end of the year, some enterprises are cautious in purchasing, with a small amount of stock, mainly in the return of funds.

Hubei pure cotton: downstream order carefully, product price competition is fierce. At present, the order quantity is small, mainly to the pre-production order and conventional varieties. The opening rate is maintained at about 50%, and the raw materials are bought with the use to reduce the financial pressure as far as possible.

At present, with the relaxation of various conditions, the demand has a short-term support, polyester prices are still rising in the short term, but due to the large inventory base of polyester and weaving enterprises, and the sustainability of order improvement remains to be observed, some enterprises are still planning to gradually stop after the end of the holiday, the future uncertainty will still hinder the purchasing sentiment of terminal enterprises to a certain extent.

Hai'an County Qinfeng Chemical Fiber Co., Ltd. specializes in production and sales：polypropylene staple fiber, Polyester Staple Fiber, functional polypropylene short fiber, functional polyester staple fiber, hydrophilic polyester staple fiber,  polypropylene, PP staple fiber, polyester staple fiber.