According to the statistics of the business agency, on November 30, the average spot market price of 32S polyester yarn in Jiangsu, Zhejiang and Shanghai was about 13375 yuan / ton, which was the same as last week, with a year-on-year decrease of 7.03%. The downstream market prepared goods for the new year, but the orders for the shopping festival were gradually completed, the follow-up orders were weak, the loom started to decline, and the inventory of polyester yarn enterprises increased month on month.

Recently, the transaction of yarn market is flat, and the purchase and sales tend to be cautious. The epidemic situation repeatedly causes the market to worry about the demand. The market uncertainty factors are large. The export orders are slightly weak in recent years. Compared with the same period in previous years, the number of double order varieties is obviously delayed. Due to the influence of European epidemic situation, some orders of early proofing varieties are also delayed. Orders are mainly in small batches, and new orders are few. In the market of medium and high count yarn, the factory list is full, and the price has not been reduced. Some prices have been raised. The price of coarse yarn has dropped a lot, so the factory will purchase on demand.

The cost side is good for support, and the recent continuous rise of crude oil is good for market production and sales, and the stronger upstream raw material price forms a strong support for the cost. Staple fiber spot production and sales hot, a small number of manufacturers quoted a small increase. Only a small number of manufacturers are willing to pay about RMB 5.50-5.5 tons of staple fiber, and only a small number of manufacturers are willing to pay about RMB 5.50-5.5 tons of staple fiber. In the futures market, staple fiber Futures (2105) closed higher at 6096, up 90, or 1.5%, from Friday. The rise of crude oil and PTA rebound led to the rebound of polyester staple fiber futures, and the rebound of futures led to a sharp recovery of spot production and sales. However, affected by demand constraints, the spot polyester staple fiber is difficult to continue to strengthen.

After the orders of “double 11″ and “double 12″ in the downstream market are gradually delivered, the new orders are not good, and the weaving start-up rate is decreased. The order peak of home textile printing and dyeing enterprises has eased, the order quantity tends to be flat, the inquiry of home textile grey cloth is not warm, and the goods are prepared on demand. Recent factory orders are relatively small, mainly old customers. The market has just recovered, such as a flash in the pan, affected by the epidemic situation, and later more confused. The recent orders have fallen down compared with the previous period, and the order volume has decreased significantly. There are more customized inquiries and less actual orders. In recent years, export orders have rebounded compared with previous years, but the order volume is not large compared with previous years. The soaring sea freight leads to the increase of expenses, the price of fabric is more bitter, the inquiry of customized fabric is increased, the development lofting is more, and the actual order is rarely implemented. Although the international epidemic situation continues, some countries have good signs such as resumption of work and recovery.

According to business agency analysts, as domestic textile products are mainly dependent on exports, and the appreciation of RMB to around 6.5, small and medium-sized textile enterprises relying on price are facing great challenges. These labor-intensive products will not compete with some Southeast Asian countries in terms of price due to the appreciation of RMB exchange rate. The reduction of orders and the loss of foreign exchange settlement are the common challenges faced by these foreign trade enterprises. A staff member of a yarn foreign trade enterprise admits that the price is usually pushed to a very low level by customers due to the requirements of competition. When enterprises encounter the loss of RMB exchange rate, coupled with the rise of raw materials and shipping freight, the business pressure of enterprises increases greatly. With the advent of the traditional off-season, polyester yarn prices may weaken in December.