Textile market

2023 will be an important turning point for the textile market

According to the price monitoring of trading companies, the market price of polyester filament yarn has recovered since December. Among them, polyester DTY rose 6.11%, polyester POY rose 5.62%, and polyester FDY rose 3.54%.

The upward price of polyester filament yarn will be limited

The terminal enters the seasonal off-season

At present, in the mainstream polyester filament yarn factories in Jiangsu and Zhejiang regions, polyester POY (150D/48F) is quoted at 7100-7350 yuan / ton, polyester DTY (150D/48F low elastic) is quoted at 8500-8700 yuan / ton, and polyester FDY (150D/96F) is quoted at 7950-8350 yuan / ton.

In the international crude oil market, the fall of the dollar and the US plan to buy back oil replenishment reserves boosted oil prices. However, due to the North American storm, travel demand was suppressed, and oil price gains were compressed. As of December 20, the settlement price of the main contract of U.S. WTI crude oil futures was $76.23 / barrel, and the settlement price of the main contract of Brent crude oil futures was 79.99 US dollars / barrel.

Downstream, with the price increase of raw materials, under a series of favorable boosts, the terminal market exploded, weaving manufacturers have purchased raw materials, the market has entered a cyclical replenishment stage, and production and sales have soared. The quotation of polyester market in Jiangsu and Zhejiang continued to rise, the operating load rose to more than 50%, and some weaving enterprises postponed the shutdown plan originally scheduled to start in mid-December to the end of December or early January.

Business analysts believe that the PTA operating rate of raw materials remains low, but with the gradual launch of new equipment, the pressure on the supply side is still large. The terminal has entered the seasonal off-season, and the weaving market is about to enter a holiday state, reducing the operating rate, which is bound to hit the procurement of raw materials. On the whole, it is expected that the upward price of polyester filament yarn will be limited.

The domestic PTA market showed weakness in early December, but began to usher in a slight rebound trend on December 7, according to the monitoring of business agencies, as of December 20, the average price of the East China market was 5444 yuan / ton, up 6.43%, up 19.40% year-on-year. PTA equipment maintenance burden increased, INEOS 1.1 million tons, Yisheng Dalian 2.25 million tons, Yangzi Petrochemical 650,000 tons of 650,000 tons successively stopped for maintenance, some equipment load reduced to 5-90%, the overall operating rate remained around 66%, and the supply decreased in the short term.

The production and sales of polyester silk and grey fabrics soared

The upstream and downstream have turned on the destocking mode

Demand for textiles is surging

With the recovery of logistics, superimposed on the cold weather and the rise of upstream raw materials, the domestic trade winter cold-proof fabric replenishment demand atmosphere increased, the previous rigid procurement of raw materials is not enough to cope with the market brought by this December, only two weeks polyester factory sold ten days of goods, according to the statistics of Silk Capital, the overall inventory of the polyester market is now concentrated in 18-30 days; In terms of specific products, POY inventory is up to 20-30 days, FDY inventory is around 18-28 days, and DTY inventory is about 16-29 days.

The large-scale cooling brought by cold air has surged consumers' demand for warmth, and at the same time, sales of warm clothing, warm bedding and other cold products have risen simultaneously, and related fabrics will also usher in a short-term pulsating order boom.

Cold products are on sale

According to the monitoring data of Silk City.com, since December 7, the epidemic prevention and control policy has been optimized again, and with the gradual recovery of logistics, under the stimulation of cold air, the demand for terminal warmth has picked up again, which has further increased the domestic demand for winter cold-proof fabrics, and the overall transaction volume has shown an upward trend. Affected by this, the grey fabric inventory of fabric enterprises in Jiangsu and Zhejiang has loosened, and the direct drop mode has been opened, and the destocking situation is significant.

A fabric merchant said that with the drop in temperature, the market sales of spray velvet fabrics have improved, especially the transaction volume of peach lint grey fabrics has gradually increased. A few days ago, received an order of 90 grams of peach fabric from Shaoxing merchants, the quantity is about 20,000 meters, the customer requested to deliver as soon as possible, now the fabric has been polished in the finishing factory, and it is expected to be delivered in these two days. As for the price, compared with the previous period, it basically maintained a stable trend, and the profit was so-so. The people who place orders are old customers, and it is more important to maintain the relationship.

A trader revealed that in the past two days, down jackets, outdoor functional clothing and other warm clothing fabrics have been in strong demand. 400 nylon spinning, 420 nylon spinning, polyester fabrics are sold very much. Even, there are large orders such as 200,000 meters and 500,000 meters in the market.

The price of polyester silk will remain stable

Due to the particularity of bulk chemicals, polyester factories cannot be closed for holidays during the Spring Festival, and continuous production is required. However, the reduction of employees, polyester factories generally choose to overhaul at the end of the year, one to adjust the device, the other to save manpower, so it can be clearly seen that the polyester load has recently fallen without rising, the current polyester factory load at an average of 62.7% from last week decreased by 1.2%. Even if the market is good, it has not stopped the pace of reducing the burden of polyester factories.

Recently the order explosion, ushered in the explosion of polyester production and sales, two weeks weaving companies directly to the polyester factory to dry more than 10 days of inventory, but then the market has to wait and see the order. At the same time, the rising price of polyester has made textile bosses resistant, and they are all buying and using, unwilling to stock up.

On the whole, under the boost of cold winter, the market still ushered in a wave of recovery. Whether it is a short-term improvement in orders, a slight recovery in operating rates, or a significant inventory clearance of grey fabrics, all these may lay a good foundation for the start of next year. After all, 2023 will be an important turning point for the textile market and even the national economic market.

How effective is the "go to sea" operation

Seize the opportunity and "go to sea" to open up the market

Recently, foreign trade enterprises have set off a round of groups to go overseas to find orders, and in July this year, a foreign trade textile enterprise in Shaoxing seized the opportunity to "go to sea" to open up the market. How effective is it to act ahead? Take a look at the reporter's front-line research.

Xia Yanhong is the person in charge of a foreign trade textile enterprise, at this time, she was busy receiving foreign merchants, while communicating with foreign salesmen online, and finalized an order of 3.2 million US dollars in half a day.

Xia Yanhong, person in charge of a foreign trade textile enterprise: We still have more than 200 containers to be sent by the end of the year. There are not enough employees now, we are hiring people every day, and we expect to add more than 100 employees next year.

In the first half of the year, Xia Yanhong was still worried about orders. As a foreign trade textile enterprise, their customers are in more than 100 countries, but since the outbreak of the epidemic, Xia Yanhong has not gone abroad for three years, and can only contact customers by phone or online video.

Xia Yanhong, head of a foreign trade textile enterprise: After all, the fabric is worn on the human body, and the touch is very important. Some countries pay more attention to soft feeling, some countries need to be hard, the demand is different, or need to see our things offline.

Looking at products online, customers will always hesitate, especially in the first half of this year, the global economic downturn, and foreign trade enterprises have brought a certain impact. When it was difficult, Xia Yanhong did not receive an order for two consecutive months, and the company faced a shutdown. Xia Yanhong couldn't sit still, she decided to take the initiative and go abroad to find orders. However, under the severe epidemic, going abroad is not easy.

Xia Yanhong, person in charge of foreign trade textile enterprises: Very anxious, entrusted visa company to submit four or five times of materials has not been able to do it, just when the Zhejiang Provincial Business Group came to investigate, when visiting, asked, what are the difficulties for your enterprises to go out now? At that time, I raised the issue of visas, immediately opened a green channel for us, and I got the visa in a short time.

In two months, Xia Yanhong traveled to 13 countries in one breath, with a full daily schedule, and even visited more than a dozen customers a day.

Xia Yanhong, person in charge of a foreign trade textile enterprise: This map was made when I went abroad in July and went to so many countries. When I went to Turkey, I showed this map to foreign businessmen, and after reading the map, he said that he was very surprised, saying that a Chinese girl can spell like this. He said could you please send me this map. I said what you use it for, and he said I'm going to use it to encourage my employees every day, to learn from your Chinese, to learn from you.

Overseas to find orders, only hard work is not enough, to talk about the product. This company has been carrying out product research and development innovation during the epidemic, when they come up with renewable environmental protection products made of corn stalks, foreign investors are very favored, and through field visits, they also timely grasp the new trend of the international textile market, lock in the next season's hot new products, and organize the team to develop and produce new fabrics at the first time.

Xia Yanhong, head of a foreign trade textile enterprise: You can see that its elasticity is particularly good, suitable for wearing this fabric during sports and outdoor leisure. Then we looked at this series of products. This order has been made until April next year, but I feel that this fabric will be on fire for a year.

Not long ago, Zhejiang Province launched the "Thousands of Enterprises to Expand the Market Single Action", arranging business charter flights and regular routes to provide convenience for enterprises to go to sea. Shaoxing City is organizing 150 groups and nearly 1,000 enterprises to prepare to participate in exhibitions and negotiate business abroad, and Xia Yanhong has also confirmed her journey overseas again in January next year.

Xia Yanhong, head of foreign trade textile enterprises: I believe that everyone is looking forward to 2023, and the overall business will definitely be very hot. First of all, I think we must do a good job of the product ourselves, practice our internal skills solidly, and the opportunity is always left to those who are prepared, so we are ready to do a big job next year.

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