
Autumn and winter fabric purchase season has begun
- Categories:Industry news
- Author:
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- Time of issue:2019-10-17
- Views:7
(Summary description)Asusual,theprocurementcycleforwinterfabricsstartsattheendofAugusteachyear.Asaresult,terminaldemandincreasedfromSeptembertoOctober,andthecorrespondingpolyesterfilamentproductionandsalesrebounded,andpricesalsorose.Therefore,usuallyfromSeptembertoOctober.Itiscalled"GoldSeptemberandSilver10",butinrecentyears,thetrendofthepeakseasonhasbecomelessandlessobvious. InSeptember,thepolyesterfilamentmarketshowedaninverted"V"trend.TakingPOY150D/48Fasanexample,theaveragepriceinSeptemberwas7,755yuan/ton,adropof2.15%month-on-monthand34.52%year-on-year.Attheendofthemonth,thepolyesterfilamentmarketwasdesertedandthecompany'sinventorywasunderpressure.Mostbombingandweavingcompaniesarealsofacingdistresseddemand.Toreducesupplypressure,theyplantoreduceoravoidrisksduringNationalDay.Increaseprofitsandeasethepressureoninventory,buttheeffectofthetwowavesofimprovementisnotgreat.Theproductionandsalesofpolyesterarestillsluggish,andthefocusoftransactionscontinuestodecline. DuringtheNationalDay,productionandsalesofpolyesterfilamentsweresluggish.ItisreportedthatthemarketwasbasicallyinavacuuminthethreedaysbeforetheNationalDayholiday.Afterhalftheholiday,themarket'sinquiryatmospheregraduallyincreased,buttherewerefewtransactions.Holidaybusinessinventoryincreasedslightly,POYinventoryincreased.Within4days,FDYinventoryincreasedby5-6days.Aftertheholidays,thepolyesteryarncompanyopenedapromotionmodel,andtherewasacertainreplenishmentdemanddownstream.Theproductionandsalesvolumeincreasedslightlyonthatday,withthehighendintherangeof300%-400%.However,thegoodsituationisnotlong,thedemandterminallackssupport,andtheproductionandsalesofpolyesterfilamentshavedeclinedrapidly. Thedeclineinproductionandsalesisrelatedtotheincreaseininventory.Asshown,polyesterinventoryhasbeenincreasingsinceSeptember,andinventorycontinuedtoincreaseinOctober.Atpresent,POYinventoryismainlywithin7-12days,andFDYinventoryismainlywithin10-15days.DTYinventoryismainlywithin20-25days.Thebacklogofinventorywillcauseashortageoffunds,andthecompanyisforcedtoprovidepreferentialfundstowithdrawfunds.Themarketisnowinaviciouscycle. Someinsidersreportthatwinterpurchaseordersarenearingcompletionandspringordershavegraduallyopened.However,polyester,weavingandgreyfabricsareinhighinventoryandthereisashortageofdownstreamfunding.Itistemporarilyunabletopurchaselargequantitiesofrawmaterials.Therefore,thepolyesterfilamentmarketislikelytobecoolinOctober.Cool,itisexpectedthatthepromotionwillcontinue.
Autumn and winter fabric purchase season has begun
(Summary description)Asusual,theprocurementcycleforwinterfabricsstartsattheendofAugusteachyear.Asaresult,terminaldemandincreasedfromSeptembertoOctober,andthecorrespondingpolyesterfilamentproductionandsalesrebounded,andpricesalsorose.Therefore,usuallyfromSeptembertoOctober.Itiscalled"GoldSeptemberandSilver10",butinrecentyears,thetrendofthepeakseasonhasbecomelessandlessobvious. InSeptember,thepolyesterfilamentmarketshowedaninverted"V"trend.TakingPOY150D/48Fasanexample,theaveragepriceinSeptemberwas7,755yuan/ton,adropof2.15%month-on-monthand34.52%year-on-year.Attheendofthemonth,thepolyesterfilamentmarketwasdesertedandthecompany'sinventorywasunderpressure.Mostbombingandweavingcompaniesarealsofacingdistresseddemand.Toreducesupplypressure,theyplantoreduceoravoidrisksduringNationalDay.Increaseprofitsandeasethepressureoninventory,buttheeffectofthetwowavesofimprovementisnotgreat.Theproductionandsalesofpolyesterarestillsluggish,andthefocusoftransactionscontinuestodecline. DuringtheNationalDay,productionandsalesofpolyesterfilamentsweresluggish.ItisreportedthatthemarketwasbasicallyinavacuuminthethreedaysbeforetheNationalDayholiday.Afterhalftheholiday,themarket'sinquiryatmospheregraduallyincreased,buttherewerefewtransactions.Holidaybusinessinventoryincreasedslightly,POYinventoryincreased.Within4days,FDYinventoryincreasedby5-6days.Aftertheholidays,thepolyesteryarncompanyopenedapromotionmodel,andtherewasacertainreplenishmentdemanddownstream.Theproductionandsalesvolumeincreasedslightlyonthatday,withthehighendintherangeof300%-400%.However,thegoodsituationisnotlong,thedemandterminallackssupport,andtheproductionandsalesofpolyesterfilamentshavedeclinedrapidly. Thedeclineinproductionandsalesisrelatedtotheincreaseininventory.Asshown,polyesterinventoryhasbeenincreasingsinceSeptember,andinventorycontinuedtoincreaseinOctober.Atpresent,POYinventoryismainlywithin7-12days,andFDYinventoryismainlywithin10-15days.DTYinventoryismainlywithin20-25days.Thebacklogofinventorywillcauseashortageoffunds,andthecompanyisforcedtoprovidepreferentialfundstowithdrawfunds.Themarketisnowinaviciouscycle. Someinsidersreportthatwinterpurchaseordersarenearingcompletionandspringordershavegraduallyopened.However,polyester,weavingandgreyfabricsareinhighinventoryandthereisashortageofdownstreamfunding.Itistemporarilyunabletopurchaselargequantitiesofrawmaterials.Therefore,thepolyesterfilamentmarketislikelytobecoolinOctober.Cool,itisexpectedthatthepromotionwillcontinue.
- Categories:Industry news
- Author:
- Origin:
- Time of issue:2019-10-17
- Views:7
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