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The traditional consumption season is approaching, and the textile market is expected to warm up.


Release time:

2023-03-06

With the advent of the traditional consumption season, the terminal weaving start-up rate will gradually rise, demand will also improve, the textile market is expected to warm up.

According to the price monitoring of the business agency, in the 08 week of 2023 (2.20-2.24), the textile sector rose month-on-month in the list of commodity prices, with PTA(2.71 per cent), spandex (1.32 per cent) and polyester DTY(0.62 per cent).

There were five commodities that fell month-on-month, with the top three falling products being polyester staple fiber (-1.21%), polyester POY(-1.17%) and polyester FDY(-0.36%). The weekly average was up or down 0.08 percent.

PTA:

Domestic PTA market prices to stop falling upward, at present in the low processing fees continue, still need to pay attention to the maintenance of large factories to reduce negative dynamics. In addition, rigid demand has picked up marginally, although poor orders will still dampen demand continuity. With the start of the traditional peak season of "gold, three silver and four", it is expected that demand will pick up, PTA accumulation inventory will slow down, and short-term PTA prices will rise within a narrow range.

Polyester Filament:

Downstream demand side, terminal weaving start-up rate climbed, terminal orders slightly improved, Jiangsu and Zhejiang loom comprehensive start-up rate increased to more than 67%. However, the terminal recovery is slow, the follow-up of new orders is not positive, and the demand expectation is still not fulfilled. After the market, cost support overlay demand warming expectations, polyester filament prices will be stable in the warm run.

Spandex:

Domestic spandex market to stop the decline and pick up, the cost side of good support, individual spandex manufacturers have better expectations of the market, coupled with the industry's long-term loss operation, some factories offer significantly increased, the center of gravity of the transaction slightly moved up. With the arrival of the downstream peak season, the market is still relatively optimistic about the demand side, and spandex prices are expected to remain strong.

Viscose Staple Fiber:

Viscose staple fiber market wait-and-see sentiment accumulated, later its own supply may increase, terminal recovery is slow, demand side weakness from bottom to top transmission, viscose staple fiber whole industry chain situation trading is sluggish, is expected to be difficult to have a significant improvement in the short term, market wait-and-see sentiment accumulated, price rise is still weak, the short-term price will remain stable operation.

In the future, with the advent of the traditional consumption season, the start-up rate of terminal weaving will gradually rise, the demand will also improve, and the textile market is expected to warm up.