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While the upstream raw materials continue to fall, the traditional peak season of "gold nine silver ten" has not given the enterprise a very obvious support.
The market reflected that there was no significant change in the opening rate and sales of textile enterprises, and the inventory increased slightly. The peak season has basically ended, the enterprise has no substantial harvest, the production and operation pressure is increasing, and the consumer side has no positive signal, the downstream situation is also grim, and the follow-up industry enterprises are full of worries.
The depressed terminal is also very obviously reflected in polyester production and marketing, before the National Day, polyester factory opened profit promotion, weaving enterprises took the opportunity to make up a large number of inventory, but after the festival for 3 weeks, polyester production and sales were maintained at a low of 3-60%.
At the same time, polyester stocks are also accumulating rapidly. Longzhong Information statistics, as of October 24, POY factory inventory in 17.2 days, FDY factory inventory in 18.3 days, DTY inventory in 22.9 days. Although this inventory has not reached a historically low level, it has also been able to make some polyester factories feel the inventory pressure.
Some large factories adjust high polyester yarn prices
Since October 28, some polyester factories have started to reduce prices and yield profits, and have achieved certain results, and production and sales have rebounded to a certain extent.
However, by October 30, the market style sudden change, a number of polyester factories suddenly raised the price of polyester filament, although the increase is not large, but in the case of the collapse of crude oil, upstream raw materials fell in price, still beyond the expectations of many people.
"Gold nine silver ten" is coming to an end, raw material prices continue to fall, polyester inventory continues to accumulate, at this time several large factories joint price can not help but make people think of the first half of the polyester factory "one price" operation.
Although the "one price" in the first half of the year increased the profit of the polyester factory, it also overdrew the market to a certain extent, and then induced the market downturn for several months. How the polyester market will go next, let us wait and see.
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