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Since October polyester prices have been frustrated, but with the arrival of cold air, the market has been boosted, polyester prices have changed the decline, and there is a price increase. On November 9, the polyester factory raised the pace of polyester prices and the arrival of cold air is almost synchronous, then the price increase of polyester can really be supported?
Polyester and upstream cutting mat
Crude oil as the top boss of the polyester industry chain, the trend of crude oil has always been an important factor affecting downstream prices, and now this iron law seems to have a bug, the market is a little blurred.
First of all, PTA end has begun to cut off with crude oil, as we all know, the closer the industrial chain is, the greater the impact, PTA and crude oil to say there is a distance between a naphtha, the recent days of the market, crude oil rose, PTA fell; It is not uncommon for crude oil to fall and PTA to rise.
Then it comes to our polyester, polyester is farther away from crude oil, it must be more severe with crude oil, but the more rebellious is that polyester is now also cut with PTA, anyway, now the upstream market can be said to be a mess.
In the past, we can not see the unified pace of the market, polyester industry leaders are quietly playing their own abacus, what is going on?
Adjust prices to repair profits
During this period of time, the polyester factory is also in a deep water, and the profit cannot be repaired. As of the quotation on November 20, the profit of 150D polyester yarn FDY is -298 yuan/ton, POY is -398 yuan/ton, and DTY is 150 yuan/ton.
Even if it has been rising, this profit or all the way down, simply can not catch up with the speed of PTA rise. So you can see PTA rising, polyester rising; PTA fell, polyester is still rising situation.
This polyester factory can not hurry to repair this profit, now this profit situation, if suddenly encountered a market, for example, before the Chinese New Year, many weaving enterprises will carry out a centralized purchase more or less store for 2-3 months, want to promote stimulus downstream to buy raw materials have no confidence.
Therefore, it can be said that the price increase of polyester is for better promotion in the future, and the price increase of polyester is better than the price decline when there is a market.
Polyester rising prices support the market
The textile market is good these two days we must be deeply touched, this circle of friends for a while the warehouse empty, while the midnight departure, with the peak season.
At that time, a stable raw material price played a key role in stabilizing the price, and now the terminal clothing enterprises are also very sensitive to the price of fabrics, in order to save costs, the situation of price argument frequently occurred this year.
And customers often have raw material prices have fallen, then this cloth should also be cheaper, then the market after a long time to become no profit list.
Therefore, the current price increase still has a certain support role for the market, but in fact, it will not increase the cost for textile enterprises, after all, the cloth sold now is still woven from the raw materials bought before.
In short, from the current point of view, the entire polyester industry is going their own way, are holding their own bad, polyester in this situation is certainly to repair profits as their first priority, and now the downstream market is also OK, the demand side has certain support, that now slowly rising point prices to pull back the profit point is also a good time, in the short term, Polyester prices will continue to rise in the trend of shock.
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