Conventional Market In Light Textile City: Knitted Fabric Fell Slightly

For a week, Polyester filament knitted fabric The number of customers on the market was basically lower than that of last week, but the number of major marketing varieties was less than that of last week. The number of traded varieties has shrunk in a week. Price The last week was stable.

This week, Conventional market All kinds of decorative knitted fabrics made of knitted chemical filament yarn (large round knitting weft and plush and warp knitted plush, including some stage fabric and clothing dual-use mesh, Flower knitted, knitted jacquard, embroidered, rotten flowers, water melted cloth, compound, flocking cloth), clothing cloth (including non ammoniacal elastic double shells, some knitted polyester elastic fabric, elastic flannelette) and other clothing knitted fabrics, the total sales volume of knitted fabrics has dropped substantially compared with last week, which is much less than that of last week during the same period last year.

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According to convention, before the Spring Festival every year, downstream polyester enterprises usually replenish raw materials inventory. Recently, the PTA futures market is also a "bet" spot market "bottom" sentiment. What is the current situation of replenishment of polyester enterprises?

"In the case of PTA raw materials falling to historical lows, polyester enterprises' mentality of" bottom hunting "is indeed quite obvious. Wang Guangqian, a futures analyst at Soochow, said that under the premise of sufficient cash flow, polyester enterprises in Zhejiang have stepped up the reserves of PTA raw materials and are actively reducing the finished product inventory. In the past, the PTA raw material inventory of polyester enterprises has been maintained at the level of 5 to 6 days. At present, the raw material inventory of mainstream enterprises is mostly 7 to 10 days. In addition, the production and sale rate of polyester polyester in the near future is generally maintained at above 100% level. When it is good, the production and sale rate can reach 600% a day, and the downstream enterprises also have the reason to increase the intensity of raw material reserves.

However, it should be noted that during the fall of the PTA round, although the downstream polyester enterprises began to "copy the bottom", but they did not dare to make a heavy turnover, they were mainly concerned about the continued decline in oil prices.

"At present polyester enterprises focus on oil prices. From the actual understanding, some polyester enterprises have already bought PTA futures. On the one hand, they feel that the current prices are too low, and on the other hand, they are able to generate profits according to the price of the downstream products, so they have bought a hedge." Galaxy futures analysis Jinsong normal.

At present, polyester enterprises in Zhejiang are still purchasing raw materials on demand. When the market is not short of raw materials, they are not willing to hoard large quantities, but they have established certain virtual stocks on the futures market, which has also led to the futures upgrading structure.