Ji Lu Yu: Cotton Prices Temporarily Stable

At present, the price of raw materials in the market is temporarily stable. There is a demand for all parties to predict the future market. There is still a wait-and-see view. There is no obvious sign of massive replenishment.

The market of polyester and viscose staple fiber continues to descend, and it seems that we will welcome the new year with this gesture.

Recently,

The yarn market is basically the same as before.

All cotton yarn continues to be vulnerable to adjustment.

According to feedback, due to the downstream grey fabric factory

The reduction in cotton yarn has led to a decline in recent sales volume, less than the same period in November.

Some manufacturers are still limiting production, the starting rate is 60-70%, avoiding inventory increase.

The market has changed little, always maintain the level of pre sales, but the price is very bitter, and the profit space is small.

T65/C35 32S of a factory in Shandong quoted 17500 yuan / ton.

At the present time, manufacturers generally focus on accounts receivable and strive for a smooth leap this year.

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This week polyester chip market shock downward, early week in Jiangsu and Zhejiang area half light section mainstream pactions in 7200-7350 yuan / ton, sliced chips mainstream pactions in 7300-7400 yuan / ton cash from mentioning, to Friday half light section mainstream trading in 6800-6900 yuan / ton, glossy slice mainstream pactions in 6800-6900 yuan / ton cash, since the week, the market price fell in the range of 400-500 yuan / ton.

During the week, international crude oil prices continued to decline, polyester raw materials PTA and MEG both fell, slicing cost surface collapse, and slicing downstream enterprises in the weak environment, buying up and down mentality, low willingness to purchase, slice buying atmosphere is bad, so bad profits dominate, slicing the last time to maintain weak shocks.

This week, the domestic polyester market continued to decline. As a result of the low price of the PTA market, the polyester market was dispirited, and the buyers' wait-and-see mentality was aggravated. The distributor of polyester market generally reflected the difficulty of sales. This week, the polyester market continued to be dispirited, and polyester price Center continued to decline.

As of Friday, the market of polyester and silk in Jiangsu and Zhejiang was weak and stable,.POY150/48 mainstream reported 8100-8300 yuan / ton cash, FDY150/96 mainstream reported 7900-8300 yuan / ton cash, and DTY150/48 mainstream reported 10100-10800 yuan / ton.

Judging from the current market situation, the downstream market is about to turn into the off-season, and the purchasing volume of weaving factories and bomb companies is a little cautious. Polyester spinning factories continue to make concessions in order to strive for the shipment of polyester, but the polyester POY inventory of polyester spinning factories is at a reasonable level.

Therefore, it is expected that the probability of maintaining the price trend of polyester in the short term will be greater. However, the collapse of raw material costs and the reduction of demand will also have a downward trend in FDY and DTY.

This week, the market of polyester staple fiber was coming down. During the week, the mainstream of 1.4D*38mm in Jiangsu and Zhejiang was traded at 8150-8200 yuan / ton to 7950-8000 yuan / ton on Friday. The cash flow fell to 200 yuan / ton during the week. The mainstream of Fujian area dropped to 7900-8000 yuan / ton in 8150-8200 yuan / ton, and the mainstream price in Shandong and Hebei area dropped to 8000-8100 yuan / ton at 8200-8250 yuan / ton, and the range was 150-200 yuan / ton.

During the week, international crude oil fell, polyester raw materials fell weak, short staple factory offer reduced, but due to manufacturers' inventory is not high, the decline is small; in addition, downstream enterprises are affected by the bad environment, low willingness to accept, the average production and sales of short staple mills within 4-6 weeks.

In the later stage, the short staple factory was running poorly, the stock gradually rose, the cost surface support was weak, and the market prices followed the raw materials.