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In nearly half a year, influenced by multiple factors, the stock market of textile chemical fiber will usher in large fluctuations. At present, with the optimization of the background of epidemic prevention and control, terminal orders will pick up in stages, and some buyers will accumulate bottom-fishing operations, and the polyester market may stop falling and rebound in the near future. But the official forecast of raw material gains will be more limited before the Spring Festival.
First of all, although the price of polyester is rising, but a daily increase of 50-100 yuan per ton will not make the textile owners feel too much pressure.
Secondly, polyester factories are trying to release inventory due to excessive inventory, but it is still a difficult problem for polyester factories to strike a balance between price rise and inventory removal.
On the other hand, in the downstream market, under the background of the optimization of epidemic prevention policies, buyers in some markets have made adequate stock after the end of lockdown control, and the stock of raw materials in weaving factories has increased recently. However, due to the large inventory base of spinning and weaving enterprises, and the sustainability of order improvement remains to be observed, some enterprises still plan to gradually stop their cars for holiday after the latter half of this year, and the future uncertainty will still hinder the purchasing sentiment of terminal enterprises to a certain extent.
In addition, in the short term, the narrow rebound of terminal orders will give a positive boost to the market, but the inventory of finished grey fabric is still high. Under the background of inflation in Europe and the United States, the improvement of overseas orders is limited, and domestic sales are in the off-season period near the end of the year. The process of market destocking is expected to be slow, and some terminal enterprises will gradually stop for holiday in the latter half of the year, which may drag down the increase range and sustainability of polyester and raw materials this time.
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