On January 19, 2021, the China Shengze Silk Chemical Fiber Index of the Ministry of Commerce rose slightly. The chemical fiber index closed at 100.54 points, an increase of 0.15 points compared with the previous trading day; the chemical fiber fabric price index closed At 100.06 points, compared with the previous trading day, an increase of 0.13 points; chemical fibers also rose slightly, closing at 104.13 points, an increase of 0.18 points compared with the previous trading day.
1. From the perspective of the fabric market
The price index of chemical fiber fabrics closed at 100.06 points, an increase of 0.13 points compared with the previous trading day.
Recently, the overall transaction atmosphere in the weaving market is generally general. Manufacturers are mostly doing sweeping work. New orders are generally traded. They are busy with pre-orders. Market production and sales are barely flat. Inventory is maintained at about 40-41 days. Delivery is concentrated on stretch fabrics and simulation. Regarding the operating rate of silk fabrics, as workers have begun to return to their hometowns, the operating rate of individual manufacturers has dropped and remained at 70% to 80%. The overall market demand is not as good as the previous period.
2. From the perspective of raw material market
Chemical fiber also rose slightly, closing at 104.13 points, an increase of 0.18 points compared with the previous trading day.
Tuesday (January 19) New York crude oil March futures rose 0.56 US dollars to 52.98 yuan / barrel, Brent March futures rose 1.15 US dollars to 55.90 US dollars / barrel. Asia PX rose 3.5 to 667.5FOB South Korea and 685.5CFR China. European PX rose 3.5 US dollars to 618 US dollars / ton FOB Rotterdam. FDY 50D/72F is now at around 7900 yuan/ton, PTA prices fluctuated slightly, weaving companies’ operating rates have begun to decline, international oil prices have risen slightly, weaving companies’ replenishment is coming to an end, sporadic purchases of silk, and polyester filament prices may stabilize in the future.
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