The start of the industry is approaching the low point in two years, and the planned production capacity of polyester staple fiber is postponed

Since 2022, the start-up load rate of the polyester staple fiber industry has approached the low point in two years, and the planned production capacity has been delayed. The main reason is that the gross profit of the polyester staple fiber industry has been compressed, and suppliers have fallen into a state of loss, which has made the polyester staple fiber industry under heavy pressure and difficult to move forward. .

In the past two years, the operating load rate of the polyester staple fiber industry has gradually dropped from a high level. The rate of decline in 2022 will be faster than that in 2021. The annual capacity utilization rate is low, and the gross profit loss has hit the enthusiasm of the industry to put into production polyester staple fiber. There are many delays in the planned new production capacity

From April 2020 to April 2022, the gross profit and operating load rate of the polyester staple fiber industry changed, except for the centralized maintenance of polyester staple fiber equipment during the Spring Festival, and the industry's operating load dropped significantly, there are two time periods. The start-up of the fiber industry has also dropped significantly. The first stage is from June to October 2021, and the second stage is from March 2022 to the present. The similarities between the two stages are that the gross profit of the polyester staple fiber industry has been compressed to negative. value, and the negative gross profit lasts for a long time. The difference is that the industry operating load rate in the first stage dropped from 86.87% to 64.56%, which took four and a half months, while the industry operating rate in the second stage dropped from 85.65% to 85.65%. It only took a month and a half to drop to 65.50%, and the rate of decline in the operating load rate accelerated. Therefore, it can be seen that after the gross profit is compressed to a negative value, the production enthusiasm of the polyester staple fiber factory has been hit in a state of loss, and more production reduction or shutdown methods are adopted to reduce the supply to meet the needs of low distribution, so the gross profit loss This is the main reason for the decline in operating load.

In the follow-up, the start-up load rate of polyester staple fiber has dropped to a low level, and there is no recovery plan in the short term. The continuous contraction of supply will support the price to a certain extent, which is conducive to the repair of gross profit. After the gross profit is repaired and relatively stable, polyester short fiber The fiber start-up load rate will gradually pick up. From the historical data, the low-level oscillation period of construction in 2021 will be extended for 2 months, and it will gradually recover. Whether the low-level oscillation period of construction starts in 2022 can be shortened, we will wait and see.