Recently, a message on the Internet said that under the influence of "dual control" of energy consumption, Keqiao District, Shaoxing, Zhejiang issued a notice of shutdown of high energy consuming enterprises, involving 161 enterprises in the area, mainly printing and dyeing and chemical fiber enterprises.
Shaoxing Keqiao issued a power outage notice
"According to the spirit of the provincial emergency meeting on September 20 and the instructions of the main leaders of the provincial government, the province is required to immediately implement power load reduction for key energy consuming enterprises with high energy consumption. All localities should stop production of key energy consuming enterprises with high energy consumption until the end of the month on the premise of ensuring safety. The power department will take measures for key energy consuming enterprises with high energy consumption that are not closed before 11:00 on September 21. A total of 161 enterprises in our region will be involved Enterprises, all enterprises in printing and dyeing and chemical fiber industries.
All towns (streets) are requested to inform enterprises to implement the requirements. Ma'an street should immediately reduce the heating load through thermal power enterprises, and orderly arrange the "Echelon shutdown" of heat consuming enterprises according to the reduction of heating load.
It is understood that Shaoxing's printing and dyeing production capacity accounts for more than half of Zhejiang Province and one third of the country, which will affect the development of the whole domestic printing and dyeing industry! At present, the "double control" policy of energy consumption is being promoted in many places across the country. Jiangsu, Zhejiang, Guangdong and other provinces have limited power and production of high energy consuming industries. The editor of the business club reminds you that you must be careful to deal with the new round of raw material price fluctuations. How will it affect the current textile industry?
This week (September 20-24), according to the textile index of business society, the textile index was 987 points as of September 24, down 3 points from 990 points at the beginning of the week. Compared with 776 points at the beginning of this year, it increased by 211 points, or 27.19%, decreased by 14.62% compared with 1156 points (2018-09-03), and increased by 44.93% compared with 681 points, the lowest point on August 13, 2020. (Note: the period refers to the period from December 1, 2011 to now)
According to the price monitoring of business society, there are 7 commodities in the list of commodity prices rising and falling in the 38th week of 2021 (9.20-9.24), and the top 3 commodities are PTA (4.02%), nylon FDY (0.76%) and polyester staple fiber (0.65%). There were five commodities with month on month decline, and the top three products were viscose staple fiber (- 2.57%), rayon yarn (- 2.01%) and cotton yarn 21s (- 1.78%). The average rise and fall this week was - 0.05%.
For specific products:
Supply gradually improved and PTA price fluctuated strongly
This week, the domestic PTA market fluctuated upward, and the average price in the spot market was 5141 yuan / ton, with a weekly increase of 4.02% and a year-on-year increase of 50.93%. The maintenance of PTA unit increased, and the industrial operation decreased to around 68%. Meanwhile, the supply of Hengli petrochemical, the mainstream supplier, decreased by 30% in October, and there was no pressure on the supply side. In addition, crude oil continued to rise at a high level, strengthened the cost support of PTA, and the downstream demand was affected by "double control", maintaining rigid procurement. With the improvement of its own fundamental supply and the strengthening atmosphere of the whole commodity market, the PTA market will continue to have a strong shock trend in the short term.
Raw materials boost the vibration and warming of polyester filament
Recently, the polyester filament market has been mainly subject to shock and adjustment. At the beginning of the week, the mainstream factories in Jiangsu and Zhejiang have been promoted with preferential promotions. With the boost of raw materials, the price has fluctuated and warmed as a whole this week. Among them, the average price of polyester POY (150 / 48F) is 7355 yuan / ton, an increase of 0.61%, polyester FDY (150D / 96F) and polyester DTY (150D / 48F low elasticity) have increased by 0.54% and 0.55% respectively. The "golden nine silver ten" quality of the downstream textile terminal industry is insufficient. Affected by the power limitation of weaving enterprises and the "double reduction and double control" of printing and dyeing plants in Jiangsu and Zhejiang, the operating load of looms has rapidly decreased to less than 55%. It is expected that in the short term, with the support of good raw materials, the price of polyester filament will remain volatile.
Cost boost nylon Market warm operation
The nylon market was stable and strong this week, of which the weekly increase of nylon FDY was the most obvious. As of September 24, the average market price of nylon FDY was 22166.67, up 0.76%, nylon DTY increased 0.48%, and nylon POY was flat. Since September, the nylon market has been mainly boosted by cost, the maintenance of raw material caprolactam unit has increased, and the market supply is in short supply. The current market price is 16000 yuan / ton, an increase of nearly 10% over the beginning of the month. The supply of cyclohexanone, another raw material, was also tight, and the market price continued to rise to 12880 yuan / ton, an increase of more than 20% over the beginning of the month. On the demand side, with the arrival of the traditional peak season, the demand in the downstream market is a little large, but there are too many uncertainties this year. Is this wave of market hoarding or the arrival of the peak season? It is expected that the price of nylon will still rise under the continuous promotion of the cost side in the short term.
Demand downturn, high price of spandex fell
The market price of spandex continued to fall slightly, and the quotation of mainstream manufacturers was stable and weak. As of September 24, the average price of 40d specification was 80600 yuan / ton, down 0.49% from the beginning of the week, with a year-on-year increase of 143.50%. Some manufacturers have plans to reduce production. At present, the supply of goods in the market is stable, and the commencement of the industry remains near 90%. The cost support is OK, but the downstream textile end customers have low start-up and less demand follow-up. The overall market holds a wait-and-see attitude towards the future market, and the downstream just needs to buy. As the terminal orders are still depressed and the load of some factories will continue to decline near the National Day holiday, it is expected that the market price of spandex will maintain a weak operation in the short term.
Downstream demand weakened and cotton prices fell slightly
According to the data of business agency, the domestic spot cotton market fell slightly this week. On September 24, the average price of China's cotton index at 3128b level was 17929 yuan / ton, a weekly decrease of 1.1% and a year-on-year increase of 39.07%. All reserve cotton auctions have been completed, and the listing volume of new cotton will increase. The market pays attention to the cost of new cotton. The "golden nine silver ten" in the textile and clothing industry is not as expected. The weaving enterprises in Jiangsu and Zhejiang Province have limited power and the printing and dyeing factories have "double reduction and double control" and other policies. Although the production of cotton yarn enterprises is not limited temporarily, they are cautious about the procurement of raw materials, and the demand has become weak and the stock accumulation phenomenon is obvious. In the short term, cotton prices will also maintain a weak trend of shock, and pay attention to the market reaction of new cotton.
The trading atmosphere was light, and the viscose market continued to be weak
The trading atmosphere of viscose staple fiber market continued to be weak. On September 24, the domestic ex factory quotation of 1.2D * 38mm viscose staple fiber was 12120 yuan / ton, a weekly decrease of 2.57% and a year-on-year increase of 32.89%. The inventory of viscose manufacturers increased, the terminal sales were poor, the just needed replenishment decreased, and the downstream yarn mills had limited willingness to purchase them. Recently, manufacturers have reduced prices one after another, and downstream procurement has improved slightly. It is conservatively estimated that the order volume can be supported until early October. However, the market boost is limited, the industry atmosphere is slightly negative, and it is difficult to find signs of "golden nine silver ten". It is expected that after a period of price reduction, the manufacturer has a strong willingness to stabilize the price. It is expected that the possibility and range of price reduction of viscose staple fiber in the short term are limited.
Based on the above, some textile raw material products have a strong performance under the support of good cost and supply. However, the current demand is not strong, and the downstream price transmission is not smooth, showing a "hot up and cool down" pattern. With the upgrading of "dual control of energy consumption" in Jiangsu and Zhejiang, the power of chemical fiber weaving enterprises will be limited, and the loom load will further decline. In terms of export, the continuous rise of sea freight, the lengthening of transportation turnover time and the increase of logistics costs have led to the contraction of overseas orders for textiles and clothing. The sentiment of watching the market in the lower reaches is strong, and the purchase of raw materials is cautious. It is expected that the demand pressure is expected to be relieved with the arrival of winter orders, double "11" and Christmas season.
