Analysis of market trend of PTFE material power
2020-11-09
In October, the domestic PTFE market trend was relatively stable, and the prices of some companies rose to a certain extent, ranging from 1,000-2,000 yuan/ton, but the overall increase was still weak, and downstream demand was less than expected. At the end of September, the quotations of the scattered series of enterprises were raised one after another, and the actual transaction orders were fewer. However, because of the large number of orders in the early stage, the enterprises had good shipments, low inventories, and high operating loads. From the perspective of the supply market, the starting load of manufacturing companies during the National Day holiday has been slightly reduced. Due to the low inventory, the starting load after the holiday keeps running at a high level. Looking at the demand market, in the domestic market, terminal product companies have relatively good orders, but at present traders have more sources of low-priced goods, and inventory is at a high level on the basis of general cargo volume; in foreign markets, terminal companies` export orders have not improved significantly. The export volume of production enterprises is not worse than before, but the export orders for products of terminal enterprises have been significantly reduced compared with the same period last year, and the industry insiders lack confidence. Currently, poor rigid demand is still the main reason affecting prices. In October, during the National Day holiday, the prices of some enterprises of PTFE saw a slight increase, but the prices of Other enterprises were still weak, and the expected effect of demand was poor. Traders have more sources of goods, and terminal product companies have fewer large orders, but relatively more small orders, and demand is stable. It is expected that in November 2020, the stable operation of the PTFE market will prevail.
