Changxin Light Textile Market: Polyester Price Shock Is Strong

This week (November 11-18), the market

The market is stable and upward, and the price trend of polyester is strong, with a range of 100-200 yuan / ton.

Judging from the trend of market varieties, polyester FDY75D large glossy silk is still in demand in the market. At present, the price of silk is 9700 yuan / ton, and the five satin and satin printing grey fabrics used for weaving can be slightly lower.

DTY

Smooth, for example, DTY75D/36F's current central price is around 11700 yuan / ton.

DTY75D/72F network has increased in volume this week due to its interweaving with 75D/144F or DTY100D/144F.

Printing and grinding grey cloth, this finished fabric has wide use and large sales volume. Therefore, the production capacity of the machine is increasing, and the sales volume of DTY75D/144F and 100D/144F is also promoted.

On the contrary, the production of polyester and taffeta, semi elastic spring and sub spun fabrics were not well sold, and it affected the sales of FDY63D class. At present, the market turnover was reduced, and the price trend was stable. At present, it is between 9900-10000 yuan / ton.

The upstream raw material slicing has the trend of upwarping, and now the downstream market is in the peak season. It seems that the polyester market steady adjustment continues, but the periodic purchase is more or less needed. Therefore, the volume of the market will have an upward trend, and the price of polyester will also increase the trend of the whole market.

At present, polyester staple fiber prices are strong, pure polyester yarn 32S and 45s trading volume has fragmentary state, at present, price trend changes are not in a stable state.

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Since January 1, 2014, the fixed assets loans for new and extended projects of the textile and garment enterprises in the autonomous region and the loan to the enterprises' circulating funds have been given 2 percentage points and 4 percentage points respectively, and the interest discount funds have been audited and appropriated in the following year.

The discount period for fixed assets loans is not more than 5 years, and the discount rate of working capital loans is not more than 3 years.

For enterprises enjoying three years of financial discount interest, the proportion of employees in Xinjiang less than 50% will cease to enjoy financial discount subsidy.

The introduction of the new deal undoubtedly brings good development to many textile and garment enterprises.

At present, there are more than 1400 textile and garment enterprises in Urumqi. Some of them have no factory buildings due to shortage of funds, and rely on the leasing plant to maintain production.

A thorough investigation shows that in 2014, the demand for textile and garment enterprises in Urumqi was 772 million yuan, and the demand for capital in 2015 would increase to 1 billion yuan.

Shortage of funds has become the most prominent problem hindering the development of many textile and garment enterprises.

Xinjiang Posey num Biotechnology Co., Ltd. mainly produces yarns, fabrics, garments, home textiles and so on, which are sold in Beijing and Shanghai. The Apocynum venetum series textiles are favored by domestic and foreign merchants.

The company official said, seeing that the company's products are popular, they want to continue to expand production, but the pressure of capital is a problem. Now the government has introduced a discount policy for textile and garment enterprises, which helps enterprises to further expand production and push the high-end fabric of the apocynum to the international market.

In fact, before the Xinjiang textile and garment industry loan discount new policy was introduced, the Ministry of Finance and autonomous region also issued a series of preferential policies and measures, such as textile product freight subsidy, Cotton Subsidy and cotton yarn subsidy.