China Shengze Silk Chemical Fiber Index Continues To Fall

On 09 December, according to the data of China Shengze silk chemical fiber index of Ministry of Commerce, the price index of chemical fiber products in today's Shengze index dropped by 0.04 points compared with Wednesday, closing at 99.03. The price index of chemical fiber fabrics dropped 0.06 points compared with Wednesday, closing at 97.87.

The chemical fiber index closed at 100.95 points, down 0.03 points from Wednesday.

(above) for the near future.

Today, the three index of chemical fiber products price index, chemical fiber fabric index and chemical fiber index continue to go down. This is mainly because the market has entered the off-season, coupled with the recent price fluctuations of fabrics and raw materials are too ordinary, whether manufacturers or trade manufacturers are difficult to price, so that many orders in the market are lost.

Although the prices of raw materials and fabrics have stabilized recently, Christmas is coming and the Spring Festival is coming.

Now the market is mostly based on the withdrawal of funds, and it is basically done by some old customers.

So sales continued to fade.

(above is the recent trend chart of chemical fiber fabric price index).

Judging from the fabric classification product index, today's sub index fell more or less.

Of them,

Today, the price of chemical fiber fabrics in Shengze market is still dominated by stability. For example, the price of 32S*100D+200D lattice cotton brocade is 9.9 yuan / meter, the price is flat with the previous trading day; the price of 32S*140D+40D elastic satin cotton brocade is 12.5 yuan / m, and the price is flat with that of the previous trading day.

The detailed sales situation shows that today compared with the previous trading day, it is still in a downward trend, but there are also some sales of simulated silk fabrics, such as crepe fabric sales. The most prominent one is the crepe fabric, which is made of 75D low elastic wire and 100D.

(above is the recent trend of chemical fiber price index).

Judging from the chemical fiber classification product index, today's sub index continues to decline, such as FDY polyester filament closed at 95.42 points, down 0.59 points.

POY polyester filament closed at 98.57 points, down 0.57 points.

FDY cationic silk price index closed at 96.34 points, down 0.49 points.

Polyester / nylon composite wire dropped 0.31 points at 94.88.

Island composite wire closed at 94.78 points, down 0.56 points.

Today, the index of raw materials continues to decline, mainly because the downstream textile manufacturers do not have much incentive to purchase raw materials. After two days of phasing up, the market is dominated by wait-and-see.

The market is getting more cautious, so today's chemical fiber index continues to fall.

Judging from the detailed price of raw materials, the market of polyester and silk in Jiangsu and Zhejiang market is basically stable today. In the Shengze market, the quotations of local mainstream direct spinning factories remain unchanged. Now, the FDY66D/24 of a local factory is six months' acceptance price of 18100 yuan / ton.

DTY75D\72F the acceptance price is 19900 yuan / ton for six months.

Manufacturers reflected yesterday's weaker sales and market wait-and-see sentiment. The polyester market prices in Taicang continued to stabilize. The main market in the local market is now quoted in the FDY50D/24F market at 18700 yuan / ton, and the POY75D/72F market quotation is 15800 yuan / ton.

Manufacturers reflect yesterday's weak sales, early morning enquiries flat atmosphere; Zhangjiagang's main local factory quotes also continue to stabilize, now its bright FDY40D/24F quoted price of 18700 yuan / ton.

The manufacturers reflect the low atmosphere of enquiry in the morning market. Xiaoshan market, the local mainstream polyester factory prices are stable. Now the main factory DTY150D/48F micro net quoted price is 15000 yuan / ton.

However, some small business quotas have come down. A local mainstream POY manufacturer, POY105-125/36 has fallen by 100, with a total of 20 units and a 100 discount.

Now POY150/144 reports 13000.

Manufacturers reflected that sales and sales were obviously weaker yesterday, and the downstream stage of filling up is coming to an end. A local factory in Shaoxing has quoted a price drop of 200 yuan / ton, and the FDY50D/24F quoted price is 18200 yuan / ton. In the Tongxiang market, the price of the local mainstream factory has remained stable, and the POY150/144 price of a big factory is 13700 yuan / ton.

Another manufacturer POY150/48 quoted a price of 13450 yuan / ton, DTY150/48 low bomb quoted price is 15050 yuan / ton.

Manufacturers reflect low market enquiries in the early market.

And the differential market view, today's quotation also remains unchanged, such as cationic silk FDY50D/24F market price of 19000 yuan / ton.

The market price of polyester / polyester composite yarn 50*50 is around 16800 yuan / ton.

The market price of island composite wire DTY215D is around 20000 yuan / ton.

Looking at the trend of upstream raw material market, today's PTA spot market offer rose to 9300 yuan / ton, and the market inquiry was dull, and the mainstream discussion was at 9200-9250 yuan / ton.

The market price for the external market is maintained at 1170 US dollars / ton, and the mainstream price of Korean products is 1145-1150 US dollars / ton.

MEG the price of East China's internal market has risen to around 8300 yuan / ton.

The market price of polyester semi gloss chips is around 11400-11500 yuan / ton (cash).

Although the upstream raw materials market has picked up, but now the downstream is still dominated by wait-and-see, sales are difficult to upgrade, so the author expects that the raw material market will continue to weaken and the chemical fiber index will continue to decline.

Today's products are up and down: