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- Email: qdvictorin@gmail.com
- Address: No.95 Kongquehe Wu Road,Jimo Garment Industrial Park, Qingdao City, Shandong Province, China
Under the influence of crude oil, polyester has experienced five weeks of continuous growth, as of the end of the working day last week, the product prices of 150D polyester filament are: FDY 8300 yuan/ton, POY 7685 yuan/ton, DTY 9200 yuan/ton. Although the increase is not large each time, the overall float has reached 300 yuan/ton.
The price of polyester shows that the current stock of raw materials in the society is very low, the basic stock is concentrated in the hands of polyester factories, and the purchase has become a habit. Statistics show that the overall inventory of the polyester market is concentrated in 18-28 days; Among them, POY inventory is 20-28 days, FDY inventory is around 18-27 days, and DTY inventory is around 16-27 days.
On August 8, the polyester factory promotion stimulated the mood of weaving enterprises to buy silk, which led to the recovery of polyester production and sales, and the production and sales broke 100 on the same day, and individual factories could reach 700%. Stuck at this time of promotion, in fact, for weaving enterprises, the cost of raw materials basically has no particular impact, at present, the overall price this year is in a relatively stable state.
Demand is gradually improving
Recently, the market seems to be gradually active, some fabrics are popular, and the price has risen slightly. Although the market has shown signs of heating up, the actual large orders have not yet been fully implemented, and most customers are still waiting and watching.
"The recent market is a little better than the last two weeks, at least there are more phone calls, more people to inquire." It's going to be the golden Nine season soon, and I think the downstream customers are getting ready, so the market is a little busy." A business owner said. Although everyone is teasing the profit is too low, but there are still orders, even if there is no order can also be properly produced inventory. Seeing the end of August, "gold nine silver ten" is getting closer and closer, many textile bosses are still very much looking forward to this.
However, according to the current situation, August did not usher in a turning point, but the recovery of demand also needs to be buffered, even if the order can not be issued in large quantities as the peak season in previous years, but "gold nine silver ten" will usher in a wave of market.
To sum up, in the current strong support of crude oil, demand gradually picking up, in the short term polyester filament prices are estimated to be stable and good, but the rise is limited, really can have a large increase, you have to wait until the peak season real order issued time.
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Qingdao Victor New Material Co. Ltd is a professional nonwoven products manufacturer located in Shandong, China. The factory founded in 2013, specified in nonwoven related products(Nonwoven fabrics, Spunlace, Wipes, Roofing Nonwoven)from nonwoven fabric to finished products. We have three major product lines, spunbond, meltblown, and spunlace. Qingdao Victor New Material Co. Ltd offer one stop service from design, manufacturing, packaging, and shipping.
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