Weekly Review Of Oriental Silk Market: Price Reduction Of Lining Materials

The sales volume of "plain" polyester taffeta and semi elastic spring sub textile fabrics decreased slightly, while the price trend remained stable. For example, the price of 170T and 190T polyester taffeta was flat compared with last week, the price was 1.20 yuan / m, 1.30 yuan / meter, and the market trend of semi elastic spring Asian textile was also stable.

Light spinning 190T, 210T and 230T appeared in the week, and the price of the fabrics increased. The price trend was still stable, but the market of individual specifications showed a tight shipping situation. The reason was that the profit of weaving production in the early stage was even less.

Production and market share of light spinning stock is lower than that of the same period last year.

Recently, due to the downstream

Thanks to the pull, the recent volume of light spinning fabric has increased significantly, and many manufacturers have sold out of light spinning, so they are in short supply.

Water jet twill, polyester five satin and so on this week is also more.

The market is "smooth and flat".

"Colorful flag spinning" is cheap and fine, weaving enterprises are booming, and the market has attracted many customers, mainly used for all kinds of advertising materials such as colored flags and banners, and also for making primary school red scarves.

Ni Si spinning 170T, 190T specifications specifications for production and marketing balance.

From the point of view of weaving materials, DTY black silk and network wire are widely used, and the production of jacquard black silk cloth is expected to expand sales in the future.

Judging from the overall market situation, the paction is running smoothly, but now the upstream raw material prices are falling down. It is expected that the price trend will be stable and falling.

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The reasons for the fall of spandex prices are basically concentrated on several points: first, the high operating rate has always made the supply side very sufficient, and the demand growth is limited, thus driving the inventory to go up. Some production enterprises have become rational in order to reduce inventory prices; two, the cost of raw materials is still in the downward channel.

In the year of 2014, the decline of PTMEG price basically covered the decline of most spandex prices. The price of pure MDI also declined due to the weakness of other downstream demand at the end of the year. In addition, the price of upstream benzene was obviously affected by the fluctuation of international crude oil prices, and the market confidence was obviously insufficient.

Under such circumstances, although spandex industry has experienced a whole year's downtrend, after the recent low turnover, it is hard to avoid a relatively weak trend in the next one to two months. Especially for enterprises with relatively cost control, the cold winter may just have opened the curtain.

In the past two or three months, there seems to be a marked slowdown in the downward trend of raw material PTMEG prices. On the one hand, its new capacity has been relatively low load, and it is still difficult to open the market in the short term. On the other hand, the downstream polyurethane industry is relatively stable in the relatively high profit level, and there is no great pressure on the PTMEG industry at the end of demand.

The upstream BDO price has seen a sharp decline in the past two months, while the decline in the price of PTMEG in the middle of the year is lagging behind the BDO price. Although the recent PTMEG price has not seen a relatively rapid downward trend, it still can not rule out the possibility of a late price rise.

While the price of another raw material MDI is relatively monopolistic, the price fluctuation does not seem to be very short-term. But in a longer period of time, the price of pure MDI is in the second half of the year, especially in the second half.

Looking forward to the future, the price of pure MDI will remain predictable in the short term if its main downstream demand is sluggish.

Comprehensive PTMEG and pure MDI two raw material prices, for the spandex industry, the lack of upstream industry stability support, and a considerable number of manufacturers still maintain a relatively substantial profit level, spandex prices to stabilize in the near future is still more difficult.

Spandex enterprise operating rate remains at a relatively ideal level, mainly though the recent spandex price has been in a downward trend, downstream procurement is constrained by financial constraints are also more prudent, although the lower reaches of the market started to reduce, but the actual procurement of downstream can still maintain a rigid stock, and most importantly, the spandex industry after the initial raw material has gone down, although the gross profit level has been eroded, but still far away from the loss, so the overall operating rate of the industry is generally acceptable, and it can still be maintained at more than 8.

Looking forward to the future, the backlog of the spandex industry has been close to the recent high level, especially for the medium coarse denier spandex such as 40D, which has obviously slowed down after the ebb tide in the peak season. However, the shipments of 20D fine denier wires which were previously sent to the higher expectations have not yet seen a significant improvement in the shipment, and the industry inventory has been near 40 days.

Later, if the price of spandex continues to decline, especially before the Spring Festival of February, the demand is bound to turn off after the lower concentration holidays, there will be more enterprises to adjust the load to ensure that there will be no loss.