Why is the textile market delayed?
Outside the impact of the debt crisis in Europe and the United States exports are not strong, domestic cost overhead transformation is difficult, the textile market downstream demand is not hot, slow to inventory decision even if the market individual varieties appear technical correction, but the overall situation is still not optimistic.
In the third week of November, the textile market changed little, and there was no trend of a big increase or a drop. The two main industrial chains, the cotton textile industry chain and the chemical fiber industry chain, run counter to each other in price trends: the cotton market fell slightly, the chemical fiber market rose slightly, but not much, just the market response adjustment. The rise and fall of industrial chains are basically the mutual transmission between products, and the reason seems to be withdrawn: both are affected by downstream usage and inventory of downstream products.
Chemical fiber "false" Rose cotton market weakness
The chemical fiber market has not improved greatly this week. The downstream textile terminal enterprises are still under great pressure. The demand for upstream products is not strong and the market support is still insufficient.
This week, there was a slight rise in the chemical fiber industry chain, but the momentum basically stopped within 0.5 percentage points, the false trend can be seen.
From the product point of view, polyester filament is only a few specifications appear to rise in price, while other polyester products show no signs of rising, indicating that the volatility of the interval is mainly adjusted with the market on different trading days.
PTA market as a whole slightly higher, but from a week's view, Tuesday to the weekend is down, but the decline did not reach the early week's parallel.
Cotton textile industry chain and chemical fiber industry chain, the cotton market is still weak this week, and a downward trend.
Lint cotton market declined slightly, but the downstream cotton yarn market has fallen by more than a percentage point, which also shows that the decline in the cotton market is mainly affected by downstream market transmission factors.
Recently, with the increase of cotton farmers' enthusiasm for sale, cotton market has gradually increased. On the downstream side, due to power shortage, labor shortage, RMB appreciation and other factors, textile enterprises have a poor living environment, production capacity has not been improved, and product inventory has not changed. This trend continues, and the whole cotton market is still tired.
Demand and consumption is the most critical factor affecting the cotton market this year. It is known that the cotton planting area increased by 8.5% in 2011, and the total output increased by 21.2%. Thus, this year's domestic cotton market fell, and the increase in output is one of the reasons; secondly, the use of cotton, although the output increased, but this year's textile cotton consumption has not increased. More and more kinds of substitutes have been hitting the top, causing a big blow to the cotton market.
In addition, the silk market has changed little this week, with only technical adjustments. This week, the market's focus is mainly on the plate, the price of the plate appeared to warm, but the support is insufficient, the position is not large, so the strong price support has not yet appeared.
At present, the dry cocoon work is over, and the price of dry cocoon has little impact on the price of the whole cocoon silk market. The external debt crisis in Europe and the United States is still cloudy. Silk consumption is still not optimistic, and the market is still dull.
The market is not improving.
Throughout the industry, from the market data, this week's textile market is still not very good, even a small rise in the chemical fiber industry chain is only a market adjustment, the phenomenon of false rise is obvious. And the cotton textile market is still weak and sad. The textile market as a whole is still not strong support, the domestic textile industry environment has not improved since the fall in cotton prices, export slump, production is not optimistic. Product inventory and production cost pressure, enterprise transformation is not easy, shuffling is always going on, this year's textile enterprises are facing no less crisis than last year. For example, the enterprise crisis has now become a frequent phenomenon in the textile industry, a garment enterprise boss because of financial reasons to flee this case many, it can be seen that this year the crisis in the textile industry has been very serious.
If labor costs pressure, export barriers and other factors are unavoidable outside the hard pressure, then the rise in raw materials has obviously become a "soft stumbling block" to the growth of enterprises.
In fact, for the whole industry, the price crisis of raw materials can be avoided to a large extent. This can be controlled within a range to prevent a rise or fall, but it always backfires.