Pet Industry Hopes To Be "Turned Around" In The Traditional Peak Season.
The extreme market of PTA market stems from the crude oil stage rebound, installation accident and other factors in the first half of the year. PTA stocks are pferred from upstream to downstream, to a certain extent, overstocking the demand for stocking downstream.
Once the consumer terminal is in the off-season, the operating rate of the downstream enterprises will decline rapidly, and will be pmitted to the upstream layer by layer, leading to Ku Cungao enterprises.
Unlike the upstream PTA manufacturers' continuous blood loss, thanks to the withdrawal of the Far East petrochemical plant and the accident of the Xiang Lu Petrochemical explosion, the benefit of the downstream polyester industry has improved significantly in the first half of this year.
But in the past two months, such a "good day" has come to an end. The polyester industry has once again carried heavy loads.
Taking polyester POY as an example, the average profit per ton reached 215 yuan from 1 to May, but from June onwards, the situation was plunged rapidly, with an average loss of more than 500 yuan per ton.
After a short interval of one month, the polyester industry will be ice and fire.
According to Meng Xianli, purchasing manager of Huaxi Village chemical fiber general plant, at present, Huaxi Village chemical fiber factory mainly produces polyester staple fiber, and has 300 thousand tons of polyester staple fiber production capacity.
"There are not many orders for downstream cotton mills in the off-season, and demand is weak.
In addition, cotton with low price continues to have a certain substitution for polyester staple, which has depressed the price of polyester staple fiber.
Meng Xianli said that as of now, polyester polyester prices near the low point in 2008, short fiber production loss of 300 yuan / ton, the small and medium-sized market closed down, the large line of about 70%.
Tong Tong Group, a polyester production plant, has also felt some pressure recently.
"The situation in the first half of this year is obviously better than last year, but the market has been rather bad recently.
At present, the output of group filament has dropped from 9500 tons / day in the first half to 8500 tons / day.
The relevant person in charge of the company admitted that the current sales of downstream cloth were not smooth, which can be seen from the delivery time of the matching dyeing and printing plant.
"When the business is good, the printing and dyeing mill can deliver the goods in a week, and the goods will be increased in advance, and now it will take second days in general."
"At present, our company has a 80% load and a high operating rate."
Hu Xinmin, general manager of Huahong chemical fiber sales, admitted that even if production losses were made, he had to drive or face banks.
Loan risk
。
According to him, for a company, the cash flow of 500 million yuan is 50 million yuan a year, which can be carried for 10 years. If the company stays in a profitable year, it can survive. "However, once parking, banks and other creditors are charging debts, the factory will have the risk of failing immediately."
In addition, more market participants believe that the reason for maintaining high construction is due to the expectation of the coming peak season.
Gong Qingbin explained that in the first half of this year, when the peak season was not in season
Polyester enterprise
Once a good production and marketing, it will certainly have some expectations for the second half of the season.
Although the business efficiency is not good at present, the mentality is optimistic.
This statement has also been confirmed by some related enterprises.
"The seasonal characteristics of the downstream market this year are more obvious than in previous years."
Sheng Hong Group Purchasing Manager Lu Minghua said that in the past few years, due to overcapacity and economic slowdown and other factors, the difference between the peak season is not obvious.
With the stability of the industrial structure,
PTA low
The operating rate has become normal, coupled with the rise of terminal demand, the balance of supply and demand structure, the impact of seasonal fluctuations on prices once again appears, the next autumn season is worth looking forward to.
"Polyester related products prices are volatile or strong."
Bian Zhiwei, who is responsible for the three Lane Lane Group, looks at the seasonal demand for terminal demand around September. Orders will increase, and the polyester industry will usher in a "turning around" opportunity.
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