Since last weekend, the polyester filament market has been in a downturn in the previous period. The production and sales have exploded, and the inventory has dropped significantly. It has been playing chicken blood for several days. Even the polyester industry chain has boosted a lot of confidence. Not only the mainstream production and sales of polyester is overwhelming, reaching 240%, 300%, etc., but also better reaching 400%, 600%, 700% or even 1000%; the prices of various products in the polyester industry chain are also rising to varying degrees!
After the PARTY of this wave of polyester industry chain "ups and ups", we have to contact the downstream weaving market. So, what is the current situation in the downstream weaving market? What kind of mentality do you have for raw material procurement?
"Red May" is expected to fall short, the transaction is biased towards small batches, and hot products are scarce!
Since May, the "Red May" that was expected in the early stage has basically failed, and the weaving market has experienced an off-season mood! In May, the new single market transaction was not as good as expected, the fabric market continued to be weak, the trading atmosphere was difficult to improve, and the mentality began to weaken. There have been many products with the phenomenon that the volume and price have fallen, the hot products are less, and the downstream orders are more cautious. Market transactions are biased towards the "small batch, multi-batch" pattern.
"As a weaving manufacturer, the sales during this period are really average. Compared with last year, the gap is really big. The queues and other cash and cash transactions have gone forever." Suzhou Yajin Weaving Button Manager I told the author, "We mainly produce four-sided elastic series and elastic products such as CEY, SPH and T400 series, as well as the double-layered chaotic series and the twisted silk, which are mainly due to domestic trade orders. During this period, orders have generally decreased. Relatively speaking, the four-sided series of products performed better, but the order volume is generally small. The market sales are not ideal, especially for our weaving manufacturers, the inventory pressure naturally increases. Big."
Mr. Liu of Wangu Textile also said that the sales situation of the fabrics in the near stage is not very optimistic, and the inventory pressure of the grey cloth manufacturers has been magnified to varying degrees. The market sales products are really rare. It is understood that the recent market demand for down jacket seamless channel cloth is relatively OK, but basically it is mainly small orders, customers are mostly small batches, multi-batch procurement, batch orders for fabrics are few and far between, like Previously hundreds of thousands of meters of orders are now very rare.
The raw materials are suddenly rising, which coincides with the procurement cycle, which has led to the enthusiasm of the weaving manufacturers!
As mentioned in the previous Xiaobian article, the reason why this wave of polyester filament production and sales "explosion", in the final analysis, thanks to the needs of the weaving manufacturers, the right place and the right place. First of all, because the price of raw materials in the early period is slow, the weaving manufacturers are generally cautious about the procurement of raw materials. The enthusiasm for stocking is not high, and there is no plan for stocking. Now, near the end of the month, the raw materials inventory of weaving manufacturers is at a low level. Just need to purchase the period. In addition, because the price of polyester filament is at a low level in the year, the price of raw materials has suddenly increased. Under the driving force of buying and not buying, weaving manufacturers will supplement some raw materials more or less, which has led to a wave of low-level purchases. enthusiasm.
According to our research visits, raw materials stocks of weaving manufacturers are at a relatively low level, with an average drop of 7-10 days, down nearly 10 days from the previous month; according to the convention, general weaving manufacturers will spend 10-15 days of raw material inventory for turnover. Hemao Textile Manager said that as a conventional fabric weaving manufacturer, such as Chun Yafang and Taslon, the sales of the fabrics have been affected in the near future. The price of grey cloths has not risen even, and even has fallen slightly. It is purchased on demand. This time, at the end of the month, it is necessary to enter a round of raw materials. It is also believed that the price of raw materials has been relatively low recently, and some raw materials with fixed demand have been purchased. Basically, the stocks in the factory are around 45-60 days.
Most of the weaving manufacturers are normal purchases, and the pressure on subsequent funds is relatively high, so we are still cautious about raw materials!
Most weaving manufacturers have said that it is precisely because of the near-end purchase cycle, coupled with the surge in purchasing operations in the raw materials market, but the follow-up efforts are actually not high. In addition to the hype of some traders, most of the weaving manufacturers are normal purchases, and the market has returned to dullness in recent days.
"As a result of the escalation of trade friction between China and the United States, the overall market sales in the near-stage are not as good as expected. In the past trade wars, the end customers will place orders in advance, but before this round of tariffs, they did not drive the operation of the tourists. It is more concentrated. We are mainly engaged in foreign trade, and the main marketing is going to Europe and the United States," said the person in charge of a foreign trade company specializing in wide-width home textile fabrics in Shengze, "So this year, the operation of raw materials is On the one hand, due to the lack of our own orders, the operation is more cautious; on the other hand, it is not optimistic about the raw materials in the market, because the raw material market without end demand is difficult to rise, the raw material stocking volume is too large, and the risk factor will be rise."
For the procurement of raw materials, most weaving manufacturers are cautious and wait-and-see attitude, and replenishment on demand is more common. Wu Zong of Nantong Jiechuang Textile also said that the market is not ideal now, the raw materials are not dare to enter too much, how much is used, depending on the daily consumption.
Jiechuang Textile mainly sells grey cloths, mainly the production of conventional satin and elastic satin. The near-stage should be the hot season of simulating silk products, but now the market is also 50*75. The inventory of other products is higher than that of the previous period, which is equivalent to increasing the financial pressure of the weaving manufacturers. Coupled with the summer's traditional off-season is approaching, weaving manufacturers will not take up a lot of liquidity to purchase raw materials, all of which are purchased on demand to ensure a balance between production and sales.
In general, the downstream market has not followed the rhythm of raw materials, and the market transactions are still relatively deserted. Due to the poor downstream orders, the fundamentals such as price and inventory are relatively weak. The weaving market is cold, and the purchasing power of raw materials is naturally insufficient. The shrinking of orders, coupled with the market uncertainty about raw material prices and the consideration of capital by weaving manufacturers, have limited the raw material stocking cycle of weaving manufacturers to some extent.