-01-
The operating rate continues to decline and the demand continues to weaken
Following the "order shortage", more and more factories in the textile industry have recently begun to "stop", "reduce production" and "reduce burden", and the industry's operating rate has even dropped. to 47%, less than 50%, and has fallen to a new historical low. The reason why the operating rate of the entire industry has dropped to 50% is due to the decline in profitability and the sharp decline in average profits. Some factories are no longer profitable. What else can they do without stopping work?
The market price of polyester filament first fell and then rose. The weekly average market prices of POY 150D/48F, FDY 150D/96F, and DTY 150D/48F in Jiangsu and Zhejiang regions are 8,475 yuan/ton, 9,060 yuan/ton, and 9,595 yuan/ton respectively. The three-week average prices are -5.62%, -5.62% higher than last week. 4.13%, -3.08%.
The comprehensive operating rate of chemical fiber weaving in Jiangsu and Zhejiang
was 47.95%, decreased by 0.04% from last week. The mentality of downstream users is sluggish, and the market center of gravity continues to decline. The current inventory of gray fabrics in weaving factories is still rising. It is reported that some factories have stored "high temperature holiday" expectations, so beware of the risk of subsequent downward decline in weaving loads.
Jiangsu and Zhejiang printing and dyeing operation rate
The average operation rate of printing and dyeing enterprises in Shaoxing region was 60.00%, The operation rate dropped by 1.89% month-on-month, and -10.00% year-on-year. The average operating rate of printing and dyeing enterprises in Shengze area is 47.63%. Construction starts fell 0.53% month-on-month and fell 10.87% year-on-year. Entering the high-temperature season and the domestic textile off-season, weaving factories are relatively short of orders and there are many empty vats in downstream dyeing factories. Entering July, there may be expectations for a "high temperature holiday" in advance, so there may be a downside risk in the operating rate by then.
Paraxylene operating rate
Recently, the domestic operating rate of paraxylene is more than 70%, and the operating rate of paraxylene units in the northwest is about 50%. Due to certain restrictions on raw material transportation in the northwest region, the operating rate of on-site units is low. The operating rate of PX devices in Asia remains low. Overall, the operating rate of paraxylene devices in Asia is around 60%. The downstream PTA and textile industry prices have declined. It is expected that the market price of paraxylene may fall slightly in the future.
PTA operating rate
PTA maintained a high level of maintenance in the first half of the year, with an average operating rate of 80.5%, nearly 7 percentage points lower than the 21-year average. This week, the domestic PTA market followed the decline, and the decline was obvious. The operating rate of the PTA industry was around 77%. In addition to the annual maintenance plan of the current equipment, unplanned maintenance due to profit deviation and PX tension has also increased.
At present, the operating rate in many fields continues to decline. The main factor is that the demand group is weak and high prices hinder demand. With the current drought in the north and floods in the south, it is difficult to increase demand. In order to avoid inventory accumulation when orders are reduced, textile companies can only reduce operating rates and actively slow down a series of processes such as normal production, transportation, and sales.
Many companies even said that there are no orders anyway, and no one will buy them even if the price is reduced, so it is better to stop and wait.
But perhaps no one can guess whether production will be suspended after the production reduction, and whether it will be a complete bankruptcy after the reduction.
-02-
Anhui epidemic broke out and many places were "implicated"
Hey, the epidemic has been making a comeback recently, and I suddenly felt a little panic in my heart
How long have the good days passed...?
The epidemic in Shanghai finally ended and came to an end. The epidemic in Anhui suddenly broke out again, once again impacting the epidemic prevention and control in the Yangtze River Delta region. At present, the Anhui epidemic has affected at least seven cities. Local patients have appeared in three cities in Anhui, and local patients have appeared in four cities in Jiangsu. Zhejiang has also been affected.
Nowadays, epidemics have recently occurred in cities that are relatively related to the textile industry: Wuxi, Nanjing, Xuzhou, Huaian, Yiwu, Tongxiang and other places have positive cases. Everyone must do a good job in epidemic prevention Work and don't slack off.
What’s even more frightening is that in the morning, netizens broke the news that just a village in Xiaoshan had just tested positive for two positive results in the preliminary screening, both of which were related to the Anhui epidemic!
How it will develop in the future is really difficult to predict. Although many epidemic prevention policies have been lowered than before to minimize the impact on everyone's life and work, such as reducing lockdown measures, encouraging everyone to travel, and boosting the economy of various places, but in reality How effective it will be is yet to be determined.
I hope that Anhui can hold on this time, the epidemic will subside soon, and everyone will have a peaceful summer. After all, the market has been so weak, and all small and medium-sized enterprises cannot bear another wave. It will really be unbearable...
device Dynamic :
1. The 100,000-ton short fiber device of a factory in Henan that was shut down for early maintenance is scheduled to restart on July 11.
2. Another 800,000-ton PX device in a factory in South China has been shut down for maintenance recently, which is a planned shutdown.
Comprehensive overview :
html The overall production and sales data of the company in June were average, and the inventory pressure of polyester filament finished products was high. However, mainstream major manufacturers plan to reduce production, which will support the market price of polyester filament.
Morning quotation reference
Today’s market in Jiangsu and Zhejiang polyester silk The focus continues to decrease!
Tongxiang direction
A major manufacturer in Tongxiang has a reduced discount on polyester yarn; another major manufacturer in Tongxiang has a reduced discount on polyester yarn
In the direction of Jiangsu
Taicang A major factory in polyester yarn has a reduced POY discount; a factory in Jiangsu polyester yarn has reported a stable price; Jiangsu Shengze The polyester yarn part of a major factory in Shaoxing is reduced; the FDY discount of polyester yarn in a factory in Wuxi remains
in the direction of Shaoxing
The FDY of a major factory in Shaoxing is lowered by 50; the quotation of a factory in Shaoxing is adjusted; the FDY of a factory in Shaoxing is lowered by 100; a factory in Shaoxing is lowered by 100 FDY The price of polyester yarn is stable; the price of polyester yarn POY of another factory in Shaoxing has been reduced.
Xiaoshan direction
The price of polyester yarn of a mainstream factory in Xiaoshan has been reduced. Polyester yarn price of a factory in Xiaoshan is stable; polyester yarn DTY price of a factory in Xiaoshan is stable; polyester yarn price of a factory in Xiaoshan is discussed. Report stable
Editor: Chemical Fiber State New Media Team
Some content sources reference: Longzhong Information , paint business information and other online public channels
