150D Polyester Fiber Fishing Twine

High strength, good gloss, monofilament fiber uniformity, low shrink, do not fade, etc., the production of polyester twine and nylon twine from 210D/3, 210D/6, 210D/9, 210D/12, 210D/15, 210D/18, 420D/2.

It has been a week since the listing of staple fiber futures, and its market performance is extremely impressive. In 6 trading days, 4 daily limit was raised. In just one week, the cumulative increase has been close to 20%. The daily trading volume exceeded 1 million and the main position also increased to 320,000, showing high activity and liquidity. As for the short-term performance of staple fiber, the market’s active concern is one aspect, and strong fundamentals are the main reason. Today's PF main force O5 closed at 6596 today, up 254, or 4.01%.

It has been one week since the listing of staple fiber futures, and its market performance has been extremely impressive. In 6 trading days, 4 daily limit was raised. In just one week, the cumulative increase has been close to 20%. The daily trading volume exceeded 1 million and the main position also increased to 320,000, showing high activity and liquidity. As for the short-term performance of staple fiber, the market’s active concern is one aspect, and strong fundamentals are the main reason. Today's PF main force O5 closed at 6596 today, up 254, or 4.01%. So, in the face of such eye-catching market performance, can staple fiber continue to rise and rise?

The profit level is good, and the price is still at a medium level. Corresponding to the hot scene of the staple fiber futures market, the staple fiber in the spot market appears to have converged. According to the CCFEI price index, the price of polyester staple fiber rose by 7.36% last week, which is 11.46% compared with before the Mid-Autumn Festival and National Day. From a regional point of view, the price increase in East China was the most obvious during this period, mainly due to the pre-holiday

The prices in East China are lower than those in other regions, and the prices in the main polyester short-term producing areas have almost risen to the same level.

As of October 16, the spot price of polyester short staple in various regions has basically maintained between 5900-6000 yuan/ton, and the basis for that day has also exceeded 500 yuan/ton. In terms of profit, as of the 16th, the cash flow profit of staple fiber and downstream pure polyester yarn and polyester-cotton yarn was relatively generous. The profit of pure polyester yarn could reach 567 yuan/ton, and the profit of TC65 polyester-cotton yarn even rose to 915 yuan/ton. Staple fiber profit is also as high as 645 yuan/ton.

In addition, it is understood that polyester staple fiber rose to a high of 11,470 yuan/ton in 2018, which is nearly twice the current price of polyester staple fiber, and even in 19 years when the market is not good, the price of polyester staple fiber basically remained at 7000 Around RMB/ton. Therefore, driven by the good downturn and extremely strong demand, staple fiber prices may still have room to rise.

The terminal demand has exploded, and the long queues of corporate orders have recently exploded in prices of staple fibers. The main reason is the demand. The eleventh holiday just past also happened to be a consumption start point. Due to the effective control of the domestic epidemic, domestic population travel during the National Day holiday has increased significantly. Everyone has regarded the National Day as the Spring Festival, and market consumption has also increased significantly.

According to the statistics of the China National Commercial Information Center, from October 1 to 7, 2020, the retail sales of 100 key large-scale retail enterprises across the country increased by 8.5% year-on-year, 14.3 percentage points higher than the retail sales growth rate in the same period in 2019. From the perspective of major categories of markets, apparel retail sales grew dazzlingly, with a year-on-year growth rate of 16.8%, of which men's clothing, women's clothing, and children's clothing grew by 23.9%, 13.1%, and 27.3% respectively. In addition to the rapid growth of clothing sales during the National Day holiday, the market’s optimistic expectations for market outlook are also a major boost to the price increase.

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