In the past month, the PTA and polyester in the upstream of the polyester industry chain rose rapidly by more than 1,000 yuan, but the textile and printing and dyeing factories at the end of the industrial chain were not happy. The cost pressure and environmental pressure caused the looms and printing and dyeing factories to suffer in August.

PTA is the core of the polyester filament industry chain and an important intermediate product connecting the petrochemical and chemical fiber industries. According to statistics, PTA rose by 1,250 yuan/ton in the past month, and polyester yarn POY rose by 1,400 yuan/ton. The atmosphere of speculation was strong. The polyester filament factory smoothly transferred the cost pressure and polyester stock to the terminal textile factory, but the textile factory could be described as “pressure mountain”. ".

It is reported that the price increase of grey cloth is limited and there is a lag in price increase. It is difficult for textile factories to pass the cost pressure of polyester yarn to end users in a timely manner. The orders of grey cloths are in a state of low profit or loss delivery.

In the off-season of textiles, there was an unexpected market in which raw material prices skyrocketed. The profits of textile factories were squeezed. Textile factories did not dare to pick up new orders, and the enthusiasm for chasing up the polyester yarn factory plummeted.

Is the PTA upswing sustainable?

On the whole, more opinions believe that the current contradiction between supply and demand is still the core factor. The spot leads the futures. It is expected that the short-term PTA will remain unchanged. The follow-up market will still need to pay attention to the crude oil-PTA first-line price and the difference in the downstream textile enterprises. , product price changes and price transmission.

Environmental storms are hard to stop, dyes will continue to rise

In addition, environmental protection pressures have increased. After three months of centralized remediation in Jiangsu Port Chemical Industry Park, some factories of dye giants such as Zhejiang Bauxite and Jihua have been fined and have not resumed production. The supply of dyes has decreased. It is expected that dye prices will continue in the later period. rise.

The Lianyungang Municipal Government of Jiangsu Province has concentrated on renovating the chemical industry park in the city. It plans to complete the rectification plan at the end of August. It will start a one-year period in September 2018, and will implement a comprehensive rectification of chemical industry parks and chemical production enterprises in the park. Environmental protection enterprises go to small stays, dyes are in short supply, and the continued increase in dye prices will increase the cost of printing and dyeing factories.

Printing and dyeing is a highly polluting industry. In some waters in the Wujiang area in early August, the printing and dyeing factories stopped discharging due to excessive concentrations of antimony. The printing and dyeing capacity in Wujiang area accounted for about 6% of the country.

At present, the environmental protection pressure of printing and dyeing factories in Wujiang area is only a microcosm of the national printing and dyeing industry. In 2018, the environmental protection inspection will promote the printing and dyeing factories that cannot be upgraded and upgraded, and the printing and dyeing factories that meet the environmental standards will also face the sudden pressure of limited production.

Sino-US trade continues to heat up, textile and apparel products may increase taxes

At the same time, the trade war between China and the United States was escalated in early August. It is no exaggeration to say that China and the United States have already "smashed the table". There may be few short-term peace talks. Waiting for the two sides to continue the tax increase of "you come and go", the United States will continue to wear textiles for China. The tax increase is about to become a reality.

Because Trump previously claimed to increase the tax increase including textiles and clothing products from 10% to 25%, once the tariffs take effect, it will cause a major pressure on China's textile and apparel products exports to the United States. In the future, China's textile and apparel products will be exported to the United States. Market share is likely to be seized by Southeast Asian countries.

Yancheng Ruize Masterbatch Co., Ltd. mainly produces and operates: Non-woven masterbatch, Non-woven antibacterial masterbatch,antistatic masterbatch, polypropylene filament masterbatch, Polypropylene filament masterbatch, Non-woven masterbatch,  polypropylene spunbond non-woven masterbatch, Polypropylene fiber masterbatch, chemical masterbatch, Non-woven masterbatch, polypropylene masterbatch, Soft hydrophilic masterbatch.