The repeated epidemic situation before the Spring Festival holiday in China has greatly increased the demand for meltblown materials and meltblown cloth, increased the orders of various enterprises, and adjusted the prices accordingly. With sufficient production capacity and stable epidemic situation, what will happen to the price of non-woven fabrics after the Spring Festival?
Before the Spring Festival, the polypropylene market rose steadily. On the first day after the festival, the PP fiber material rose abruptly. Before the festival, it was 9000-9350 yuan / ton, up 200-300 yuan / ton as of February 18. The domestic fiber grade polypropylene manufacturers' inventory was 84500 tons, an increase of 76.41% month on month. Since the outbreak of the epidemic in 2020, the proportion of PP fiber daily production capacity has been high, accounting for 11.24% as of February 18.
In terms of price, affected by the epidemic situation before the Spring Festival, the demand of downstream enterprises increased, the price rose briefly, the orders increased sharply, and the production was scheduled to the end of February. During the Spring Festival, 80% of enterprises have normal production. After the Spring Festival, the epidemic situation is stable, and the price of 85 grade 95 cloth is maintained at about 20000 yuan / ton. From the demand side, with the decrease of mask demand and sufficient production capacity, the price rise is limited. It is expected that the orders of melt blown cloth will be reduced in the later period, and the price will fluctuate downward in the stable period.