The Ultra Million Ton PET Plant Will Be Put Into Operation In June. Has The Tide Of Expansion Been Opened, Can The Polyester Filament Flowing To The Weaving Market Be Digested?

Since the two quarter of this year, along with the textile industry's resumption of production and production, the start-up rate of polyester factories has been increasing, and the process of new capacity commissioning has been accelerating. Up to now, a new capacity of 2 million 250 thousand tons has been put into operation in 2020, and more than 1 million tons of new polyester products have been put into operation in June.

　　 Under the background of high production, the total start-up of polyester reached 90.9%, even more than the same period last year.

　　 Supporting polyester factories to start high production is a high profit. From the chart below, we can see that after April, the profits of polyester filament began to rise.

　　        But in the polyester plant's high production and high opening rate, the stock of polyester is much lower than this year's peak. According to the data monitoring of China's silk net, the overall stock market in polyester market is concentrated for 23-34 days. In terms of specific products, POY stocks are up to 7-13 days, FDY stocks are close to 16-23 days, while DTY stocks are about 24-35 days.

　　 In the previous article, we talked about the improvement of polyester stock, more because the low polyester price attracted the raw materials for weaving enterprises. But we can also see from the above polyester stock map that after June, the polyester plant has started to work hard again, and this is because the weaving enterprises are no longer able to pay for the polyester.

Epidemic affects terminal, textile people expect pessimism.

Statistics released by Johns Hopkins University show that around June 18th, around 6:30 Beijing time, 8317055 cases of new crown pneumonia were diagnosed globally, and 446257 cases died.

The global epidemic continues to spread, and the epidemic situation in many countries is not optimistic. In the United States, some netizens exposed their new crown last year. The earliest one was in August last year; the number of confirmed cases in Berlin, Germany was increased to 70; the medical staff in France held demonstrations in many places; Istanbul will carry out the "new normal" inspection; a large number of businessmen still do not comply with the epidemic prevention regulations.

At the same time, there was a re emergence of a clustering epidemic in Beijing. In recent days, more than 100 confirmed cases were confirmed. In June 16th, the emergency response level of public health emergencies in Beijing increased from three to two.

And when the spread of the epidemic is experiencing a slack season in the textile market, the demand for terminal demand has just returned to a halt. The most intuitive expression is the continuous increase of grey fabric inventory and the continuous loom start rate.

According to the monitoring data of China silk net, Weaving enterprises in Jiangsu and Zhejiang provinces The average grey fabric inventory has risen to 43 days, and with the off-season continuation, there will be a continuous upward trend of grey fabric inventory in the future.

　　       Loom start rate The same decline is evident. According to the data monitoring of China silk net, the average starting rate of water jet looms has dropped to 7 in Jiangsu and Zhejiang provinces.

　　 Under such circumstances, cloth boss can not help but have some pessimistic attitude towards the coming market.

Zhou general, head of the textile business of a main women's clothing production and sales company, said that 80% of their orders were exported in the past years. There were many clothing brands such as ZARA and UNIQLO. But this year, affected by the epidemic, the number of foreign trade orders has plummeted. Overall, the turnover in the first half of this year is not as high as half of the same period in the previous year. The epidemic is still under control, so it is expected that the market will really improve before next year.

And Chen Chun, who mainly produces spring Asian spinning and polyester taffeta, also said that in the first half of this year, in addition to some of the stock in April, because of the fire protection concept, a number of orders were transferred to the market in early May. Most of the time was in the stage of exhausted inventory. At present, the inventory of grey cloth in the factory has exceeded two months, and the rate of start-up has dropped to 70%. The Dragon Boat Festival is going to give the factory a holiday, and at the same time, throw away part of the stock to slow down the accumulation speed of the stock.

Take precautions and seize the opportunity

The market is not good, the demand is not good because of the impact of the epidemic environment, the price of conventional grey cloth is getting lower and lower, and price war has become the norm. But textile enterprises can also take precautions ahead of time, make some efforts ahead of time, and take the lead in the future market improvement.

Shrink production capacity and preserve strength

When orders did not improve, the fabric produced by weaving enterprises became stock and cash flow became tense every day. Under such circumstances, it is a good way to shrink production capacity and ensure the health of its own cash flow. After all, though we all know that the market will improve in the future. But for weaving enterprises, how to live to that time is the top priority now.

Not only to be bigger, but also to be refined.

Some time ago, when Xiaobian went to an interview with a T8 fabric company, the head of their company said that the market was so bad this year, but their business was better. The reason is not complicated, because orders are few, so today's customers will keep an eye on every order. Their products have superior quality, so customers are now placing orders in their homes.

Therefore, the epidemic situation has caused a great blow to the market. But for some powerful enterprises, it is also a chance for transformation. From the original "big" to "do fine" gradually.

Force on cloud

"Liquor is also afraid of deep alley". Under the present social environment, enterprises can't just simply make products so well, and how to make their products known to everyone is also a required course for textile enterprises.

In the past year, attending the exhibition is a very good way. There will be many professional spectators visiting the Shanghai fair, the Shenzhen exhibition, the Shanghai exhibition and the Shengze exhibition.

Under the influence of the epidemic, there is a lack of conditions for the exhibition. To participate in the cloud exhibition, to display their products on the cloud has become a new trend. Now, there is such a good opportunity.