On July 23, the market news, polyester factories collectively reduced the price of polyester filament, including a number of polyester factories, polyester filament quotes overall down 150-350 yuan/ton.

Following the price reduction promotion of polyester filament in small factories last week, large factories have also joined the pace of price reduction.

A price cycle lasting two months

Since the end of May, mainstream polyester filament production enterprises have opened a price sales model so far, it has been two months, during this period, with the change of textile mentality and market conditions, polyester filament prices have experienced a wave of first rise after stability, and finally loose the process.

The first stage, the rising stage, the time from late May to early July, polyester factories in a round of promotion to the library after the launch of a price model, polyester filament prices continue to rise, the price increase in 500-700 yuan/ton, weaving enterprises appear a certain resistance to the mentality, but still choose to supplement the library.

The second stage, the stalemate stage, the time from the beginning of July to the middle of July, the price of polyester filament is basically stable, the weaving enterprise resistance mentality increases, and because it is the off-season of the market, the downstream enthusiasm for purchasing raw materials declines.

The third stage, the loosening stage, since mid-July, the inventory pressure of polyester factories has increased, at the beginning, some small polyester factories chose to drop bags for safety, promotion and shipment, to July 23, including a number of large polyester factories, including a large number of polyester factories collectively lower the price of polyester filament.

Why the price of polyester filament?

As the chemical fiber industry enters the boom cycle, the right to speak of polyester manufacturers is increasing, so the price fluctuation of this round of polyester can actually be seen as the explicit result of the game between the industry's right to speak and the law of the market.

In the first stage, the chemical fiber leader because of poor cash flow, so choose to price in the way of profit, then the industry has the upper hand; In the second stage, because the textile market is in the traditional off-season, at this time of year, the probability of weaving on the market is the low point of the year, and the demand for raw materials is not much, and then the downstream enterprises resist the mentality of price increases, the enthusiasm of raw materials to buy has declined sharply, and the inventory pressure of polyester factories has increased sharply, at this time the upstream and downstream game is deadlocked; After the third stage, polyester inventory further increased, and the market law took the upper hand in the game.

The final price reduction is also because of the decline in demand in the off-season, small factories continue to "start" to seize the market, and large factories are difficult to reduce the operating rate of the device in a short period of time, under the imbalance of supply and demand, the market law ultimately determines the price trend of polyester.

Declaration: The content and template of this article are organized from the network, and the copyright belongs to the original author. If there is infringement, please inform in time and contact to delete.