Analysis of textile raw materials market in 2017-China clothing market

Many people in the industry have this view, buy that is earned in 2016, some people show that the 2016 chemical fiber products soaring or just 2017 more crazy "foreplay"! Indeed, according to the current indications that the 2017 part of the price of chemical fiber products or to scale new heights! Let's take a look.

The current textile export situation has not improved, but the devaluation of the renminbi, "along the way" construction under the influence of 2017 textile export pressures will continue to be eased. At the same time, China's vigorously implement the supply side of the strategic background of reform, the traditional textile manufacturing industry will gradually go to production capacity, the textile industry to accelerate the pace of structural adjustment. Therefore, the long-term fundamentals for the good has not changed, 2017 textile market conditions still exist in the imagination.

For 2017, the "mad cow" will become a "slow cow" is more likely that the textile industry in 2017 will show a "first fall then go down" situation. And into 2017, in crude oil supply and demand to accelerate the balance of the impetus, the cost side of the chemical fiber market is expected to promote the good. Its own production capacity will also focus on "chemical fiber industry," thirteen "development guidance" in accordance with the law eliminate backward production capacity, speed up the elimination of excess capacity.

Therefore, the chemical fiber market in the current environment to enhance the environment, 2017 is expected to continue the current price trend, the industry into the uplink cycle.

January broad based market, February fear will continue

January 2017, the chemical fiber industry chain market gains, the international crude oil market is expected during the month of preference, to a certain extent to support the cost of polyester raw materials PTA, boosted by this, the polyester market is optimistic, but near the Spring Festival holiday, part of the terminal The factory continued delisting, the overall turnover of the general situation, according to statistics, the average polyester filament production and sales in 78.5%; staple average production and sales maintained at 45%.

From the chemical fiber industry chain up and down the product statistics, as shown in the month, the polyester industry chain collective rise, from the same period of data can be seen, MEG year-on-year increase the most, or 73.25%, minimum PX, Or 21.60 percent increase.

Festival after the return of the king, the market will usher in a full set of "good start"
Recently, the market of chemical fiber industry chain is running strong. Although the terminal weaving factory parking holiday, the demand has slowed down significantly, but the overall market volatility is not obvious, and with the return of postganglionic demand slow recovery, the market or will usher in " . The following is the outlook for the products:

PX:
Expected in February 2017 Asia PX market remained strong, during the Spring Festival PTA operating rate is still high, the demand for raw materials PX good, and after the Spring Festival holiday, the terminal polyester demand will be quickly restored by the two sets of PX devices in Japan and South Korea due to fire accidents Stop business, there are still fried up emotions, in addition to 2 quarter of the Asian PX device maintenance is very concentrated, significantly reduced supply expectations continue to boost market sentiment. On the whole, February Asia PX market will remain strong.

PTA:
Is expected in February 2017 PTA market or the strong trend of shocks. The current domestic PTA futures more follow the external fluctuations in commodities, from the technical side can be seen, 5400 yuan mark to support a solid, long-term perspective to see PTA futures market or there is room for growth, but short-term or within a narrow range of shock-based, multi- Market, so in the case of slowing demand around the Spring Festival, the market is expected or shock-based, with the Spring Festival, the polyester plant gradually return to work, the market does not rule out a "good start" trend.

MEG:
In February the domestic integrated device is running stable, coal ethylene glycol plant starts load is expected to increase, but the foreign multi-sets of equipment in February for annual maintenance, the overall supply side is tight. Demand, in mid-February, polyester operating rate will steadily increase, the demand for the continuation of a strong situation. According to the data, the shipments during the Spring Festival by the holiday season factors, but less expected to Hong Kong, the overall inventory will remain low. With the steady increase in downstream demand for polyester, combined with limited raw material inventory of polyester plant, it is predicted that in February 2017 ethylene glycol market will show a strong trend of shocks.

Polyester PET:
Polyester PET market is expected in February or stronger finishing. From the cost perspective, in February, raw material PTA futures market or there is room for growth, coupled with the return after the holiday, downstream demand or steady growth, is expected to PTA market or shocks strong. From the supply and demand side, during the Spring Festival, polyester PET plant maintenance by device, inventory control in a reasonable range, combined with the restart after the holiday device, concentrated in early February, is expected to normal products to 2 months late, the market supply Increase or limited, but the preganglionic downstream stocking is not sufficient, after the holiday return, the downstream beverage companies and slice spinning enterprises gradually return to work, raw materials procurement initiative or growth.

Polyester fiber:

Expected, in February polyester fiber market or will appear stable partial strong pattern. From the cost side, short-term polyester raw materials PTA market will run more strong shocks, the cost of good market. Supply and demand side, after the Spring Festival, polyester fiber plant maintenance equipment will be restarted, the supply side of the bad market, but at the same time, postganglionic downstream end weaving enterprises buying enthusiasm will rebound, the demand side good market, Polyester fiber market in February is expected to more stable in the strong side to run.

From：xinhua

A Xinjiang Uygur Autonomous Region People's Government issued to the Ministry of Finance estimates at present, Xinjiang's cotton yarn production cheaper than the coastal area of 3600 yuan per ton cheaper than the Vietnamese 4600 yuan ... ...

A careful look at the distribution of the advantages of China's cotton yarn market is not difficult to find: the traditional Mainland yarn; imports of low-grade yarn and "contrarian up" Xinjiang yarn already "three pillars." Xinjiang is becoming the current investment in the textile industry the highest heat of the region.

Prior to this, China imported a large number of foreign cotton yarn, more is the structural adjustment of the domestic textile industry demand. For China's cotton industry, after years of rapid development, all kinds of manufacturing costs began to remain high, structural adjustment is imperative. Improve product added value, eliminate backward production capacity become a top priority. The India, Pakistan's cotton yarn products, just to meet the low-end market gap.

With the influx of foreign cotton yarn and domestic cotton prices continue to rise, the domestic textile enterprises to invest in Xinjiang quietly become a hot spot. In support of national policy, in 2014, a large number of cotton textile projects in Xinjiang to take root. Huafu Color Spinning, Tianhong Textile, Henan Xinye and many other leading cotton textile enterprises in the Mainland to invest and build factories in Xinjiang, the speed is faster than expected. The statistics show that by the end of 2015 cotton production capacity has reached 12 million. In the case of the same aggregate demand, Xinjiang, a huge cotton textile production capacity of the domestic cotton yarn market a major impact.

Since 2016, Xinjiang cotton yarn production capacity began to obtain greater release, and with the Mainland yarn, yarn imports of the comparative advantage in the sudden emergence of all-round to seize market share in the low-high yarn in all areas of competitiveness. Now, in Xinjiang, launched a new spinning project, advanced technology and equipment, product quality is complete, tens of millions of pieces of Xinjiang yarn is becoming the backbone of foreign cotton yarn to resist the impact.

Xinjiang as the main cotton producing areas, cotton resources accounted for more than 60% of national production, initially formed with cotton and viscose fiber-oriented industrial system. Cotton resources, land resources, energy resources and local industries such as Xinjiang, the advantages of action to lay a solid foundation for the development of textile and garment industry, textile and garment industry is becoming a key pillar industry to promote employment in Xinjiang. By the state and autonomous regions introduced a series of policy incentives, Xinjiang textile and garment industry continues to force, the scale of investment continues to expand.

According to statistics, in 2016, Xinjiang textile and garment industry investment in fixed assets 47.97 billion yuan, an increase of 50.9%; the number of textile and garment enterprises to 1964, compared with the end of 2015 new 504. Another data show that since 2014, the Xinjiang textile and garment industry fixed asset investment totaled 89.37 billion yuan, more than the sum of the previous 35 years of investment.

Such potential advantages as well as the "Silk Road Economic Zone" core area and the opening of the window to the west of the great potential to enable Xinjiang to speed up industrial support, improve the industrial system, expand employment effect will be promising. It is expected that by 2020, Xinjiang will basically be built into the national important cotton spinning industry base, northwest region and the Silk Road economic zone core area clothing apparel production base and westward export distribution center.

The textile industry is a traditional pillar industry, an important livelihood industry and the creation of new international advantages of the industry, science and technology and fashion integration, clothing consumption and industrial simultaneously with the industry. Responsible investment in the textile industry reflects the harmonious development between the development of the industry and the society and the ecology. It is an investment based on sustainable development. In Xinjiang this piece of land contains the opportunity must be given to those who cherish the responsibility and innovative ideas of the enterprise.

Industry Yuan Jiang is different from the previous acts of Yuan Jiang, a greater degree of positioning in the strategic development of services in Xinjiang, to create competitive industries.

As the development of Xinjiang's textile industry by the Chinese economy in a specific period of the impact of strategic adjustment, and therefore has a special track. In undertaking the eastern and central textile industry, the transfer process, should be combined with their own unique advantages, the formation of their own labels. Remove the regional characteristics, national characteristics, green manufacturing, the development of responsibility will undoubtedly become the brand of Xinjiang to create a new light-emitting point. To this end, the textile industry enterprises should seize the aid Xinjiang Xinjiang economic development, "Niuzi Zi", relying on Xinjiang cotton resources, grasp the strategic opportunity to create a bright brand to reflect the characteristics of Xinjiang.

Source: Xinhua