Sixty-six polyester factories have entered the Spring Festival overhaul

This week, some polyester plant installations will be large-scale into the pre-Spring Festival shutdown maintenance phase, according to statistics, as of Friday, the current maintenance plan has been introduced by enterprises have accumulated to 8.09 million tons, has entered the maintenance phase of the cumulative to 2.98 million tons.
polyester filaments since January can be described as calm, production and sales are basically around 50%-60%, prices are beginning to gradually fall.
But 10 days later, the painting wind has reversed, along with the upstream polyester raw materials significantly increased, as well as downstream weaving of the stock market, polyester factory production and sales situation again warmed up, the average weekly production and sales estimate of about 100%, but the high and low range, of which POY is better
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. Since the weekend, production and sales have fallen.
, will the polyester plant once again push for year-end stocking at the weaving plant as it ushers in a major overhaul this week?
From the various industrial clusters out of the holiday notice to see, printing and dyeing, weaving enterprises holiday time concentrated in January 20-25, that is to say, there is still a week or so to weave the market will usher in the annual "holiday tide."
therefore, weaving start-up rate will be slightly behind the decline in polyester operating rate. In addition from the market visit research down, Shengze region at present most of the weaving manufacturers are still running at full capacity, mainly to reduce the Spring Festival workers to work in a timely manner and resulting in low production capacity brought about by the impact. At the same time, there are some weaving enterprises in the year before hoarding low-end fabrics, after the festival to rise behavior, resulting in a certain degree of decline in weaving inventory.
On the other hand, because of the traditional Spring Festival production stagnation of the hollow period will be prepared 1-2 months in advance of raw materials inventory, according to market visits, this year's stocking habits still have not changed.
And the current market after last week's procurement has been digested 7-15 days in advance of the stock, so 15-30 days of stock will be released in the next, and through the end-of-year production and sales situation over the years, basically have a good performance, so it is expected that if there is no major short before and after the Spring Festival, this replenishment action will continue into next week. This formed a good foundation for the polyester pre-festival market.
from the price, production and sales, inventory of the three indicators show that the current polyester product prices compared to the same period last year, a certain degree of decline, at the low level since 2018.
According to statistics, with last week's mainstream polyester plant after many days of hot production and sales, the current polyester factory inventory is also showing a sharp decline in the situation, inventory average in 10 days, down 5-6 days from the last week, of which POY inventory remained at 7 days, FDY inventory remained at 11 days, DTY inventory in 13 days, has basically returned to the same period last year inventory level.
, as the Spring Festival approaches, the number of maintenance enterprises will still increase. Here also remind downstream enterprises need to pay more attention to supplier downtime dynamics, grasp the progress of raw material procurement.