Polyester Staple Fiber Market Quotation Price Inflation (11.25)

Polyester staple fiber factory price increases, market turnover is acceptable.

Raw material prices drove up the cost, and on Friday evening, the central bank unexpectedly cut interest rates.

This weekend, the manufacturers did not increase their prices. The mainstream quotations of Jiangsu, Zhejiang, 1.4D, direct spinning, polyester and short markets were exported at 8300-8400 yuan / ton, and the focus of the paction was gradually followed up. Although PTA futures fell, the market turnover was acceptable, and the mainstream production and sales were 100-200%.

Weekend

The price of polyester and staple manufacturers has increased by 100 yuan. Today's collective newspaper has reported that the mainstream of 1.4D direct spinning polyester and short market is 8350-8400 yuan / ton short delivery, and the atmosphere of inquiry is acceptable. Local manufacturers have over 200% production and sales.

Shandong,

The market is short and short quotation is rising, the mentality of merchants selling at low prices is obvious, 1.4D

The mainstream newspaper was sent to 8400-8500 yuan / ton, and the turnover increased.

The price of cotton yarn in Shandong Changyi market has declined, but other varieties have not changed much.

Pure polyester yarn scattered shipment, 21S mainstream newspaper 12400 yuan / ton, 32S mainstream newspaper 12900 yuan / ton.

The settlement price will soon come into being, which will form a support from the cost of polyester and short, and the raw material will increase faster than the polyester and short. The loss of polyester and short cash flow will be serious, and the manufacturers will have a strong desire to raise their prices.

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The latest research report on fashion supply chain issued by Boston consulting company (BCG) has given bold conclusions through headlines and themes. The fashion industry has come to the crossroads and the end of the supply era of low cost countries.

This is exactly the opposite of the "follow the low cost pointer" rule that the industry has been following in the past few decades.

The report clearly states: "if global fashion manufacturers want to increase production efficiency and expand speed, they can no longer shift from this low-cost country like they used to to the next low-cost country."

The innovation of garment production enables fashion companies to place manufacturing centers around target consumers to improve their reaction speed.

Accordingly, the report recommends that "fashion companies must adopt new cost tracking frameworks to control costs and provide incentives for key production partners to improve productivity."

The report pointed out that the choice of supply areas was to maintain low labor costs as the primary consideration so that product prices could remain competitive, and when a country's labor costs increased, fashion companies had to shift their production areas.

"Perhaps this migration will soon be over.

Cheap labor has become increasingly scarce and low cost countries are decreasing.

To cope with this trend, fashion companies must make full use of existing equipment to improve production efficiency, speed up the expansion of the market and eliminate the pressure of labor cost management.

BCG believes that the current challenge requires market companies to examine their production processes and production partners from three strategic perspectives.