- Contact:Mr.Zhang
- Cell:+86-13774059985
- Fax:86-724-2210705
- E-Mail:shibo.zhang@btfiber.cn
- Address:Jingmen High-tech Zone in Hubei Xinglong Road 248
After December, the transaction center of polyester continued to probe, weaving enterprises are gradually rising sentiment, polyester production and sales exceeded 200% the day before, but with the end of replenishment, polyester production and sales fell again.
Successful inventory drop to the warehouse
However, under the promotion of these few days, the polyester factory did drop the inventory well, at the beginning of December, the polyester market has been a promotional action, but at that time, the downstream weaving enterprises are more bearish sentiment, want to wait until the price is lower and then buy, until the middle of the month, the polyester factory let the profit shipment, just when the weaving enterprise procurement node, There is a certain demand for cover, on the other hand, under the stimulus of low prices, the focus of the end of the year stock, the last two working days of last week production and sales rose.
And at the beginning of this week, due to the increase in the cost of crude oil, polyester market atmosphere was also driven, production and sales rose again, this wave of operation down, polyester factory inventory plummeted, followed by the price of a rebound, after all, the dilemma of oversupply in the past two years is a curse hanging over the head of the polyester factory.
Polyester cash flow is worrying
Due to the state of oversupply, the price of polyester factory is difficult to rise, although it has moved up after the public health incident, but the strength of the early decline is too harsh, compared with the current transaction price is still low level, cash flow is difficult to be effectively repaired, and the cash flow of polyester factory is constantly hovering on the profit and loss line, according to the 150D specification of polyester yarn. The three specifications of polyester cash flow are :FDY at 57 yuan/ton, POY at -93 yuan/ton, DTY at 175 yuan/ton.
Not long ago, FDY and POY were still in a state of loss, that is, in November, regardless of the rise and fall of the cost side of the case to recover a little profit, then Xiaobian said, the polyester factory price in November is only for the sake of better promotion, now, the polyester factory is really playing this abacus, after all, at the end of the year, always have a little bit of goods, Just in case the polyester gets off to a good start again.
Declaration: The content of this article is organized from the Internet, and the copyright belongs to the original author; If there is infringement, please inform in time and contact to delete.