Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News Filament weaving: profits are improving, and the market is finally “happy”!

Filament weaving: profits are improving, and the market is finally “happy”!

[168TEX News] In November, the entire weaving market started a “turnaround”, and market sales were significantly better than in October. Although the sales in the fabric market are complex, there ar…

[168TEX News] In November, the entire weaving market started a “turnaround”, and market sales were significantly better than in October. Although the sales in the fabric market are complex, there are many varieties of transactions. Whether it is clothing fabrics or home textile fabrics, spring and summer orders or autumn and winter market goods, the overall performance is good. Many manufacturers said that “November is getting lively, and the market is finally what it should be!” This “late peak season” really makes the market “happy”. Compared with the popularity of the fabric market, the raw material market is relatively deserted. Market transactions are slow, inventory is difficult to reduce, and prices are falling. Affected by this, fabric profits seem to have improved.

(Note: The gross profit in the above table does not deduct labor, water, electricity, depreciation and other expenses; the raw material prices involved are the prices on November 30, 2015 as the cost accounting prices)
Judging from the transaction situation of the entire weaving market in November, the transaction volume of casual clothing fabrics and home textile fabrics is acceptable. The market as a whole is in a phased demand season, and the overall transaction volume has improved compared with the previous month. Among them, the trading atmosphere of the Taslan series has improved significantly, especially for nylon Taslan. Affected by the drop in the price of raw material nylon DTY, the cost of nylon Taslan has dropped by 0.02 yuan/meter compared with the previous period, but downstream manufacturers have significantly lowered prices, so its Prices have also fallen simultaneously. Although Taslon’s sales have improved, actual transaction profits have been mediocre; cold-proof fabrics such as ultra-fine denier, high-density matt pongee, and high-density polyester taffeta are mostly sold on the market, with lower prices. Manufacturers The actual profit is not high; in the imitation silk series, due to the increased demand for spring and summer clothing fabrics in the downstream market, the transaction volume of chiffon, hemp and other products is better than in the previous period. Manufacturers are shipping goods one after another, but the transaction specifications are still concentrated on conventional products, such as The prices of 75D, 150D, etc. have not changed much from the previous period. With the price of polyester FDY falling slightly, the profit margin of chiffon has improved slightly. The transactions of other products have not changed much, and manufacturers have strong intention to ship.
Although the fabric market transactions are good, the raw material market performance is dull. In fact, if you pay a little attention and observe, it is not difficult to find that the current polyester industry chain is no longer what we originally thought. When upstream crude oil moves, PTA prices are sometimes difficult to follow, let alone polyester filament and polyester staple fiber. In November, against the background of oversupply, international crude oil prices fluctuated downward as a whole. Affected by this, the PX market fell significantly, and the manufacturers’ cash flow losses further intensified. Originally, downstream weaving people believed that if the upstream industry was like this, PTA and polyester filament would not escape the bad luck. However, in November, the PTA market was extremely strong despite the large-scale factory sweeps and installation shutdowns. Polyester filament is supported by raw materials, and the downstream performance is acceptable, and the decline has converged. This has led to little change in the cost of conventional fabric raw materials, exceeding everyone’s expectations.
Now that it has entered December, the focus of many weaving companies has shifted from profits to funding issues. “This year’s market is not better than last year, but raw materials continue to decline in the early stage, and the profit margin of orders has slightly increased. However, funding issues at the end of the year are still unacceptable. “Those who are underestimating it, the next focus of our work is to slowly tighten the gap, control the arrears and get the goods.” said Qian, the general manager of Wujiang Manjianghong Textile Co., Ltd. As the end of the year approaches, the terminal market is gradually waiting to see. The market is bearish, the pressure on manufacturers’ production and sales is highlighted, and the market is sluggish. It is also the general trend that the weaving market will become calm in December. <br /

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Author: clsrich

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