The market supply of polyester staple fiber will grow steadily, and the recovery of downstream demand remains to be seen

In August, the start-up load of polyester staple fiber will rise steadily. According to the statistics of Zhuochuang Information, with the gradual recovery of the gross profit of the polyester staple fiber industry, since late July, about 1.65 million tons of polyester filament plants that have been overhauled or reduced in production have been restarted one after another. As of August 2, the start-up load of polyester staple fiber has risen to Around 71.25%, up 3.88 percentage points from the low point in mid-July. The three mainstream polyester factories began to self-discipline production reductions at the end of June, and the total production reduction efforts reached around 30% by mid-July. It is expected that in August, the load of polyester filament installations in the three mainstream polyester factories may gradually return to the level in early July. The load rate of filament installations may increase by 4-5%. Affected by this, in late August, the pressure of polyester staple fiber shipments may be relatively large.

In August, the downstream operating rate may recover slowly, but the enthusiasm for purchasing raw materials may be low. From the perspective of order volume, the volume of knitted fabrics at the end of July improved slightly month-on-month, and some knitting factories have orders for 10-20 days. However, at the end of July, orders for woven fabrics decreased slightly from the previous month. Some weaving factories only had orders for 7-10 days, and some weaving factories had no orders, and production stocks were the mainstay. Entering August, there are a small number of orders for next year's spring and summer and winter orders for the current season. However, most of the orders in the domestic market are small batches, and foreign trade orders have increased for proofing, but the orders are still relatively hesitant. In terms of varieties, there are relatively many orders for down jacket fabrics and linings, but it is not clear whether this year is a warm winter or a cold winter. In addition, there was a large inventory of down jackets last year. Therefore, weaving and knitting factories that mainly produce inventory are mainly on the sidelines, and the enthusiasm for raw material procurement is not high. . Affected by this, in the first ten days of August, the starting rate of weaving may rebound moderately, and we need to pay attention to the changes in the market order volume in the second half of this month.