Since May 10 this year, the US has increased the tariff rate on the $200 billion list of goods imported from China from 10% to 25%. Since then, it has announced that it will impose a 10% increase on imports of about US$300 billion from China. The tariffs will be implemented in two batches from September 1 and December 15 this year. In response, the State Council Customs Tariff Commission issued two announcements. First, it decided to impose tariffs on imports of approximately US$75 billion originating in the United States. Second, it decided to impose tariffs on the recovery of automobiles and parts originating in the United States.

Has entered the traditional "Golden Nine", at this time, does Sino-US trade friction have an impact on the peak season?

PTA "does not follow the trend" and still supports the market

As of the close of the night of August 23, PTA's main contract of 2001 ended at 5116 yuan / ton, compared with the settlement price of the previous trading day, a slight increase of 4 yuan / ton, an increase of 0.08%.

This is obviously different from the consistent style of PTA. Generally speaking, PTA is very affected by the news. The Sino-US trade friction has been upgraded, but PTA has not taken the ��extraordinary road��, which shows that its downside is limited! On the other hand, "big brothers" do not want PTA to fall to the bottom.

Polyester filament is expected to stabilize

The price of PTA can directly affect the price of polyester filament.

Since the beginning of this year, the raw material end can be described as "a sorrowful sorrow." Especially the polyester POY150D, the current price is 7760 yuan / ton, compared with the same period last year, the decline reached 31.3%. At the same time, polyester DTY and polyester FDY also fell to varying degrees.

If this decline is estimated, the downside of polyester filament is also limited. In addition, the current environment is tight but PTA has an upward trend, which has certain support for the price of polyester filament.

Market sentiment has eased and regular replenishment

Recently, the operating rate of weaving machines in Shengze has gradually increased, and the inventory of grey cloth has dropped to about 41 days. It can be seen that the market has slowly moved.

At the same time, the market conditions in the near stage have eased. Some dyeing factories have experienced a phenomenon of explosions. In Zhejiang, there are also dyeing factories that have raised their dyeing fees. Generally speaking, only the market has improved, and the dyeing factory has the price increase. The fabric market also has a partial heat phenomenon, especially the sales of elastic fabrics are obviously enlarged, and the hot-selling products are mainly T400 and T800.

At the end of last month, the weaving manufacturers replenished the warehouse operation, and the current operating rate of the weaving machine has rebounded, and the market has improved. The purchasing power of raw materials will be greater than that in the off-season. In the current form, the impact of a single message on weaving manufacturers may not be significant.

Sino-US trade has been dragged down, and the psychological level has become accustomed

Regarding the news on trade wars, the domestic market reaction is relatively dull. It can be seen that the enthusiasm of investors and capital markets for the issue of Sino-US issues has weakened, even if its impact is long-term.

Sino-US trade has been going on for more than a year. The impact on textile companies is actually more psychological than the actual situation. For them, they are used to it. Regardless of whether the company is exporting or purchasing raw materials, it has already had its own set of countermeasures.

This year's textile market was described as the "worst year" because of the overcapacity. The Sino-US trade is undoubtedly worse, but it has already closed its doors. It can be left to the present. ready.