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[Textile News] The crude oil "broken cliff" fell, the cost collapsed, South African new variant virus triggered market huge waves!
Release date: [2021/11/29]  Read total of [477] times

Textile News crude oil panic fell

US crude oil futures plummeted over $ 10 / barrel last Friday, set a single decline record since April 2020. New York Crude oil fell below $ 70 / barrel since the end of September, a decrease of 13.04%, returned to 3 months over a night; Brent crude oil approached 70 yuan / barrel, decreased 11.27%; Shanghai crude oil futures main contract yesterday night disk downg, Route 8.01%, reported 464.1 yuan / barrel.

01 polyester filament price or will continue to be weak

According to the price monitoring of the business community, the overall trend of the domestic polyester filament market last week (November 22-26), and the end of the tail stop rebounded. As of now, Jiangsu, Zhejiang region mainstream plant polyester Poy (150D / 48F) quotation is at 7450-7650 yuan / ton, polyester DTY (150D / 48F low bomb) quoted at 8900-9300 yuan / ton, polyester FDY (150D / 96F) quote at 7650 -7850 yuan / ton.

It is reported that on November 25th, many mainstream polyester manufacturers in China have reached a consensus. On the basis of current production, it is 20% of the production, and it has been implemented in the past two days, and the market conditions or increased production capacity to 25%. Current polyester The operating rate of the industry is around 83%.

Last week, the domestic PTA market has risen, and the week is 0.25%, up 43.02% year-on-year, and fell 7 weeks. Yi Sheng Petrochemical, Yinsheng New Materials announced November PTA (tentative) settlement price 4920 yuan / ton; Hengli Petrochemical November PTA settlement price 4959.95 yuan / ton. The PTA device is restarted and repaired, and the current PTA industry is operating near 82%. The current market supply is sufficient. As the downstream polyester plant reduces the output, the demand is expected to fall.

With the weakness of the raw materials, the customer's intention is not high, and the atmosphere of the overall market is light in order to buy. Spinning companies are mainly consuming inventory, and the wait and see is increased. The domestic market order continues to be turned off, and the foreign trade new order is not smooth, the factory shipments are slow, the mentality tends to be cautious, and the construction rate of Jiangsu Zheng is nearly 67%.

Analyst analysts believe that the mainstream polyester factory plans to reduce production, overhaul, supply to reduce polyester filament plant inventory pressure will be relieved, so prices are well supported. However, the reduction in production remains to be implemented, and the terminal demand does not appear substantial improvement, superimposed crude oil falls into the collapse, and it is expected that the price of polyester filament is expected to show narrowly weak trend.

02 printing and dyeing industry achieved significant recovery growth


"Data show that in the first half of 2021, my country's 1550 large-scale printing and dyeing enterprises achieved operating income of 135.12 billion yuan, an increase of 27.02% year-on-year; the total profit increased by 5.213 billion yuan, a year-on-year increase of 53.6%; loss of loss enterprises is 458, loss enterprises The total loss is 1125 billion yuan. "

- The industry will remain recovery to a good situation -

Printing and dyeing is also called dyeing, is an important process of textile production. It is an important technical support for high value-added clothing fabrics, household textiles and industrial textiles. It is also a comprehensive manifestation of textile industrial development and technical level, including pre-treatment, dyeing and post treatment. Waiting for processing content. At present, the printing dyeing is mainly based on the stock dyeing, the decay, tow staining, tissue staining, yarn staining, fabric dyeing, ready-to-liquid dyeing.

In 2020, the impact of new crown pneumonia is affected, and my country's printing industry has experienced complicated and severe tests. However, since September 2020, with the basic effective control of the epidemic, the entire printing industry has maintained a resurgent to a good development situation. Especially in 2021, my country's printing and dyeing industry has always been maintained at a high level, and the production scale is significantly improved before the epidemic. But at present, many regions in the country are undergoing power-on-demand and energy saving and emission reduction. Most printing and dyeing plants are facing different levels of discontinuation. Textile factory outputs, inventory begins to fall from the high position.

- In recent years, my country's textile industry has energy utilization -

Benefit from the downstream textile, the garment industry is up, the main business indicators of the printing and dyeing industry achieve significant recovery growth, and the profitability of enterprises has accelerated recovery, and the operating efficiency continues to improve. Data show that in the first half of 2021, my country's 1550 large-scale printing and dyeing enterprises achieved operating income of 135.12 billion yuan, an increase of 27.02% year-on-year; the total profit increased by 5.213 billion yuan, a year-on-year increase of 53.6%; loss of loss enterprises is 458, loss company losses The total amount is 1.125 billion yuan.

The quality of the industry has been continuously improved. There is a data showing that the cost of printing and dyeing enterprises above in China in the first half of my country has 4.09%, the sales profit rate is 3.86%, down 0.39 percentage points year-on-year; productive turnover is 9.32 times / year, the year-on-year increased by 21.45%; accounts receivable turnover The rate is 4.30 times / year, a year-on-year increase by 18.13%; total asset turnover is 0.50 times / year, a year-on-year increase of 18.30%.

03 Textile industrial toughness

Located world economic growth has increased the unstable and vulnerability of recovery. The global inflation climbing, the exchange rate fluctuations, the high debt, and severely impact the robust operation of the industrial chain supply chain. In the face of abnormal changes and impact, countries with systematic advantages are showing greater competitive advantage and development toughness. The higher the development quality, the more complete the industry support, the stronger the economy. IMF predicts that the total output of developed economies is expected to return to the trend of the epidemic in 2022. By 2024, the total output of emerging markets and developing economies (excluding China) will remain 5.5% lower than the predicted value before the epidemic.

At the same time, the global supply chain has changed, and the regionalization layout continues to strengthen. In recent years, multilateral economic and trade rules have fallen into the predicament of governance, and globalization has evolved in regionalization. Constantly deepening regional cooperation triggered the reconstruction of the industrial layout, and the shortening of the global value chain and the internalization process accelerated. "From the overall trend, power comparison to division of labor logic, the structural adjustment of the global value chain is continuously accelerated." Sun Ruizhe introduced the Tang Dynasty in Shaoxing, Zhejiang Province, introduced the road, 2020, China Textile Industry on the Mekong River Basin The investment amount accounts for 37% of the total investment in the industry. Under the support of regional industries, economies such as Vietnam and Bangladesh have continuously consolidated strengthening of the status of the global textile and apparel industry chain.

The textile and apparel industry is closely related to high levels, which connects the domestic market, international circulation, integration of national culture, global culture, and has an irreplaceable role in supporting economic development, stabilizing foreign trade.

In the face of the profound changes in the global value chain, China's textile industry shows powerful toughness and vitality, achieving smooth and healthy development. From January to September this year, the development of the textile industry has been well improved. The company's industrial increased value increased by 60% year-on-year, and the operating income increased by 15.6% year-on-year. The total profit increased by 31.7% year-on-year; industry exports have maintained a good increase, The export of textile costumes reached 22.759 billion US dollars, a year-on-year increase of 5.6%.

At present, the epidemic is still spreading repeated, the world's economic recovery is fragile, the climate change challenges are highlighted, regional hot problems frequently, the global manufacturing system, innovation system, and governance system face profound adjustments. Sun Ruizhe, president of China Textile Industry Association, pointed out that as a highly global economic field, the development of textile and apparel industries is associated with the world economy depth. Responding to the change, it is necessary to analyze the industries in the world economy big picture, and the general trend is needed and pragmatic and innovative.

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