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According to the price monitoring of the business community, the domestic polyester yarn market price showed a slight decline this week, among which the polyester POY fell more obviously. As of August 30, the average price of polyester POY (150D/48F) was 7,746 yuan/ton. At the beginning of the week, it fell by 0.62%, down 36.78% year-on-year; the average price of polyester FDY (150D/96F) was 7,980 yuan/ton, down 0.42% from the beginning of the week and down 33.67% year-on-year; the market for polyester DYT (150D/48F low-elastic) The price was 9162 yuan / ton, down 0.12% from the beginning of the week, compared with 31.32%.

The raw material market PTA stagnated this week. At the beginning of the week, the mentality of the downstream demand was eased and rebounded slightly. However, the crude oil oscillated down and the restart of its own equipment dragged down, and then it fell again. On August 30, the average market price was 5,187 yuan / ton, down 0.47% from the beginning of the week, down 44.13%. In terms of devices, more than one set of PTA devices have been restarted recently, and the starting load has risen to over 94%.

Near the end of the month, the downstream weaving market orders increased significantly, and the comprehensive operating rate of Jiangsu and Zhejiang looms rebounded by 78%. The enthusiasm for orders, proofing and enquiry was better than the previous period. In particular, the orders for water jet loom were slightly warmer than the previous period, and the inventory of weaving manufacturers also declined. However, overall, the replenishment at the end of the month lacked raw materials and order support, and cautious and wait-and-see sentiment still dominated.

From the perspective of the textile industry, the textile index of the business community showed that the textile index on August 30 was 862 points, down 0.8% from 869 points at the beginning of the week, and decreased by 25.43 from the high point of 1156 points (2018-09-03). %, up 20.56% from the 715 points of the ultra-low point on February 17, 2016. (Note: Cycle refers to 2011-12-01 to date) Exports According to the new statistics of the General Administration of Customs of China, in July 2019, China's textile and apparel exports amounted to US$27.514 billion, an increase of 11.64% from the previous month and an increase of 2.09% from the same period last year. Among them, the export value of textiles (including textile yarns, fabrics and products) was 10.7763 billion US dollars, an increase of 5.99% year-on-year; the export value of clothing (including clothing and clothing accessories) was 16.747 billion US dollars, down 0.27% year-on-year.

Business community analysts believe that the current looms increase rate, just need to support the market, with the "Golden September and Silver 10" traditional peak season, the downstream terminal will purchase a large number of raw materials to prepare autumn and winter orders, the demand side will be improved. However, the supply of raw material PTA will be supercharged. In the later period, Yizheng Petrochemical's 350,000 tons of equipment and Jialong Petrochemical's 600,000 tons of equipment will be restarted in September. From the third quarter to the fourth quarter of this year, the new production of new Fengming 2.2 million tons / year and Hengli Petrochemical 4 2.5 million tons / year PTA put into production news, causing market concerns about supply, or will suppress the market. On the whole, under the demand, the polyester air-to-wire market may have a small rebound, while still needing attention to changes in raw materials and export policies.

Taixing Hongyang New Material Technology Co., Ltd. is a professional manufacturer of polypropylene high-strength yarn, polypropylene air-changing yarn, webbing and polyester air-changing yarn. The company has excellent equipment, advanced technology, complete testing means and stable product quality. Consistently adhere to the "guarantee quality, satisfied customers, quality service, adhere to the contract" purpose, with high-quality products, good reputation, selling the country. Dedicated to win-win cooperation with domestic and foreign businesses, and common development!