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Stepping into November, the traditional "Golden September and Silver 10" is in the midst of expectation and disappointment. Recalling September and October is indeed a "very bad year for the textile market."

Gold nine silver ten raw materials

Raw material prices fell to a three-year low!

Since the beginning of this year, raw material prices have been falling, especially since the beginning of October, raw material prices have not stopped falling and rebounded, but have increased the rate of decline. At present, raw material prices have been close to the low level of three years.

Take FDY 50D/24F and POY 150D/144F as examples: The current price of FDY 50D/24F is around 8400 yuan/ton, which is in stark contrast with the high of 14100 yuan/ton last year, with a drop of over 40%. The current price of POY 150D/144F is around 7,400 yuan / ton, and the price at the end of August last year has reached 12,400 yuan / ton, down by 5,000 yuan / ton, the same drop is also 40%!

Gold nine silver ten stock

Weaving enterprise inventory is close to the high level in 2 years!

"High inventory" has become a high-frequency vocabulary this year. The overcapacity has led to high stocks of weaving companies this year. In the off-season, stocks are as high as 42-43 days. The madness of large capacity migration and release has led to serious overcapacity. The conventional products in the market are piled up like mountains, and the sale of goods is everywhere. This year's grey cloth is worthless!

In September and October, the market has slightly warmed up, the operating rate of the weaving machine has increased, and the stock of grey cloth has begun to loosen. However, the weaving manufacturers are mostly small, mostly in small orders, and cannot consume a large amount of grey cloth at one time. Inventories, the current inventory is around 37-38 days, although there is a decrease, but overall, the grey fabric inventory is still at a high level in the past two years.

Gold, nine silver and ten orders

Traders are hard to find, big singles!

Although there is no pressure on the stock of grey cloth in the weaving mill and the pressure on raw materials in the raw materials factory, the traders' days are not good this year. Most traders report that this year's market is really bad. In September, the market remained “unstable”. Starting in October, the market began to pick up. Some companies said that the order volume in September increased by about 30%, but it was still incomparable with the same period last year. At present, it is only a small single, mostly based on autumn and winter fabrics, and the amount is not large.

At the same time, most traders said that business is difficult to do now. Traders, as a purchasing platform between clothing manufacturers and weavers, earned the difference, but now the industry transparency is too high, the market is so big, and clothing companies even find their own fabrics directly. The source of cooperation, the days of traders are not too good. And the market is fiercely competitive, profits are constantly being compressed, new customers are difficult to dig, a piece of cake is like this, and there are more people, and only the residue is left.

Jinjiuyin 10 Dyeing Factory

There is no price increase in dyeing fees, and the delivery cycle is shortened to less than 5 days!

We have always said that from the printing and dyeing port, we can see exactly what the textile market is. Some time ago, the increase in dyeing fees in Zhejiang Province seems to have boosted market confidence. Is it better? However, after investigation, this is only an individual phenomenon of a dyeing factory. It is not even ruled out that the price reduction in the off-season is too strong. Now it is only going back to the original dyeing fee.

After entering Jinjiuyin10, the dyeing plant situation has improved slightly, but the dyeing fee has not risen. The dyeing varieties are mainly autumn and winter fabrics, of which T400 and T800 occupy the mainstream. In terms of product delivery, it will be able to ship in about 5 days in October. Some dyeing factories said that the shipping cycle in September was around 10 days. In October, the market was weaker and the delivery period was shortened.

Whether the wave of gold brought by the "Golden September and Silver 10" in the traditional sense can last until the end of the year is still unknown. With only two months left in 2020, I hope that every textile person can wait for the ideal market next year.

Source: chemical fiber headline

Taixing Hongyang New Material Technology Co., Ltd. is a professional manufacturer of polypropylene high-strength yarn, polypropylene air-changing yarn, webbing and polyester air-changing yarn. The company has excellent equipment, advanced technology, complete testing means and stable product quality. Consistently adhere to the "guarantee quality, satisfied customers, quality service, adhere to the contract" purpose, with high-quality products, good reputation, selling the country. Dedicated to win-win cooperation with domestic and foreign businesses, and common development!