Raw materials plummeted! Textile industry may usher in spring in the post epidemic Era

Last week's textile market was no longer dead:

On Monday (20th), the market set a new record, that is: WTI prices in may not only set a record low, but also fell to a negative value, and finally fell more than 300% to close at - 37.63 US dollars per barrel.

On Wednesday, US President trump tweeted to increase geopolitical tensions in the Middle East, and oil price futures rebounded rapidly. WTI prices rose more than 40% at one point in the session.

The sharp rise and fall of oil price makes people a bit confused. PTA and MEG have also gone out of the market from the limit to the limit;

Polyester filament production and sales broke 100 again on the 23rd, and the price of some specifications rose!

"Post epidemic era" under the rotten cloth ushered in the spring!

With the fermentation of the overseas epidemic, the global demand for anti epidemic products has surged, far exceeding the current output. Moreover, many production activities in foreign countries have stopped due to the epidemic, resulting in many products such as protective clothing and masks that need to be imported from China. At this time, driven the non-woven, melt blown cloth market.

It is reported that 210t polyester taffel and 190T Chunya textiles are getting better in the market. At present, these fabrics have been identified by relevant testing agencies as protective clothing fabrics. Some textile owners smell this business opportunity in advance, and this type of orders are significantly increased.

Wu Zong, who specializes in polyester taff and Chunya textile, said: "in the near future, our business is still relatively good. All of them are market goods for protective clothing. In fact, the best ones to sell are 190T, 210t polyester taff and 190T Chunya textile, which are the lowest end products in the market."

Another textile boss said that he had recently received two containers of chunyafang + PE film orders for export to Argentina. "Recently, the film coating factory is busy until 12 p.m. every day, with a lot of orders. They are all making films of chunyafang, polyester taff and non-woven fabrics." He said.

In addition, in the near future, the dyers also said that the amount of fabrics such as Chunya textile and polyester taff entering the warehouse increased significantly. Some dyers even heard the sound of "bursting the warehouse". Although it was exaggerated, it also showed that these "rotten cloth" had indeed ushered in a wave of market in the near future.

A fight, Otto change Audi, 210t polyester taff a day a price!

Where there is interest, there is Jianghu! Since this year, as the textile industry has been hit by the epidemic, the recovery of domestic demand and foreign trade market is slow, and the profits of textile owners are few. Therefore, many textile people began to "activate" their mind! In the market, the voice of stir fry, melt and spray cloth, stir fry non-woven cloth and stir fry raw materials is one after another.

Many bosses also think it's normal to make good use of every business opportunity in the current environment. Qian Zong, who has produced ditaff and chunyafang in the market for more than ten years, said: "if there is profit, there will always be people chasing it. Follow the trend and forward the limited resources to earn a reasonable fee!"

With the increasing temperature of chemical fiber protective clothing fabrics in the market, the phenomenon of bottom copying, hoarding and hard selling appears in the polyester taff and Chunya textile markets. "In the early stage of the market, these good-selling polyester taffers and Chunya textiles were all stocked and not sold, and the prices were fried. Now, it's better, we also take advantage of this market to change our machines at home to produce 210 polyester taffers, and we also contracted two factories to produce this product." A textile boss said to Xiaobian.

After a long silence, the price of 210t polyester taffer also ushered in a wave of increase. The average market price on the 24th was 0.88 yuan / m, and on the 25th it was 0.92 yuan / m. although the price may be hyped, the low price in the early stage has basically disappeared under the premise of improved market demand.

When will spring return? The foreign trade market has been showing signs of recovery

The impact of the epidemic on the market is still continuing. Although some textile enterprises have started self-help and transformation, but in the current environment where demand has not yet recovered, the future is still relatively bumpy.

"What we do more in export is the overseas epidemic situation and the return to work. But it seems that many foreign countries are ready to open up. It is estimated that there will be more orders in the second half of the year. " One boss said.

Recently, the foreign trade market has begun to report signs of recovery!

According to the latest data from the U.S. Department of labor, affected by the epidemic, more and more private enterprises in the U.S. are now in a bleak situation of shutting down or even facing bankruptcy. In the last three weeks alone, 17 million Americans have applied for unemployment.

To save the situation, the IRS recently released a one-off relief of up to two trillion yuan, which more than 90% of Americans received. In recent days, the trump government has been ready to start a new round of economic stimulus plan. Once the US government grants subsidies to the people, the accompanying consumer demand may erupt in a certain period of time.

In addition, with the epidemic in Europe being pressed the "slow down" button, the resumption of production in European countries has gradually opened the "accelerated mode". In addition to Europe, the U.S. is also planning to restore its economy, and Iran, a region hit by heavy disasters in the Middle East, has begun to plan to gradually return to work.

I believe that with the alleviation of the epidemic situation, more and more countries will return to work! So for the textile industry, this is the biggest good news. Although the May market is still under pressure, but the future can be expected!