Textile Boom Is Not Enough, Raw Material Market Rebound Abruptly Stops.

< p > < < a href= > http://sjfzxm.com/news/index_p.asp > > < /a > < 2014 1~6 China commodity economic data report > >

According to commodity data traders business monitoring shows that: in the first half of 2014, the textile raw material market showed a "V" trend after falling first.

Data show that as of June 30th, the textile index was 990 points, a decrease of 7.82% from the highest point of 1074 in the period (from December 1, 2011 to the present), up 6.45% from the 930 lowest point in July 1, 2012, and a decrease of 33 points, or 3.22%, compared with 1023 in January 1, 2014.

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< p > in January this year, textile enterprises were beset by insufficient orders, raw materials, labor costs and other problems. There was no obvious improvement in demand and continued to decline in 2013.

At the time when it was supposed to hit a 3 year low, there was a "counterattack" in mid May, and the overhaul of PTA, acrylonitrile, viscose staple fiber and other chemical fiber factories increased the whole market.

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< p > half year's list of textile commodity price fluctuation can be seen that besides the PTA industry chain and the acrylonitrile industrial chain market uptrend, the remaining textile raw material products float green all over the line, thus we can see that the prosperity of the entire textile market is still not high.

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< p > in the first half of 2014 (30 months of January 1st ~6), textile prices of bulk commodities showed that the largest increase was acrylonitrile, with a year-on-year increase of 8.73%, an increase of 11.45% over the same period, while acrylic fiber ranks second in cost driving and 6.21% in the half year.

The centralized maintenance of acrylonitrile plants failed to start in time. The tight supply of goods on the market stimulated the rapid rise of market prices.

However, as manufacturers resume production, and downstream demand has no obvious signs of improvement, the market outlook is not optimistic.

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The price of P > cotton fell most in the whole textile and fall list, more than 11%.

At present, the supporting rules for the new cotton policy have not yet come to the ground. The market is expected to have strong expectations. The order of the downstream enterprises is extremely cautious, mainly based on the purchase of cotton reserves and imported cotton.

At present, the financial pressure of cotton enterprises is still in the market, the market sentiment is low, and the cut down production is still rising. The market is waiting for the "direct subsidy" rules to be promulgated.

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< p > since the beginning of May, the PTA factory has lost its production and maintenance since its extreme loss. The load has been reduced from 87% to 62%. Meanwhile, the three largest PTA suppliers have changed the way of settlement of the contracted goods, and the contracted supply of contracted goods for the downstream polyester enterprises has been in short supply. The price has rebounded rapidly from the lowest price in 3 years, and the 35 day time has increased by more than 20%.

The price of raw materials PX continues to soar, and the time limit for production of PTA enterprises will be prolonged under the circumstances of increased costs. The tight supply pattern will not be completely reversed in the short term, and the short-term market will remain strong.

However, the demand of downstream textile enterprises is still insufficient. The polyester factories are weak and the cost pfer ability is weak.

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Xia Ting, an industry analyst with < p > a href= "http://sjfzxm.com/news/index_p.asp" > textile < /a >, believes that the textile market outlook is still not optimistic in the face of many unfavorable factors such as insufficient market demand, excess production capacity of chemical fiber and shortage of enterprise funds.

At present, the PTA industry chain basically faces good factors unchanged. In the first half of 7, the strong market will still pull up the entire textile market.

But with the weakening of cost support, the aggravation of supply and demand contradiction and the traditional textile off-season, the market will weaken in late July.

Supported by the traditional "golden nine silver ten" consumption season, it stabilized in September and October.

Fourth quarter to the beginning of the year, with the downstream enterprises shutting down, raw materials inventory is high, the market will fall.

It is expected that in July, the textile index of the business community rose 10 points again. It began to drop to 980 in late July. It will oscillate between the 970~980 points in September and October, and the fourth quarter will continue to drop to 940 points in the fourth quarter.

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