Sticky Short Continued Panic Seed Cotton Purchase Prices Continue To Fall

Last week, viscose staple fiber continued to panic mentality, prices are also sharply downward, and volume remains low.

Because of the market sentiment, the overall market atmosphere is still relatively low.

Viscose factory in the early stage of order execution is also coming to an end, part of the shipping pressure gradually increased.

The price also goes down, and the higher price in the middle part is still 16800-16900 yuan / ton, and the market paction is negotiated 16500-16700 yuan / ton.

High end nominal offer 16800-17000 yuan / ton, turnover center of 16800 yuan / ton.

This week

The market is also in the doldrums, such as siro spinning, vortex spinning, ring spinning and other mainstream products.

The whole line is low, and orders are missing.

Only part of the core spun yarn has a bright eye. The price of the imitation rabbit hair 28S market in Northern Jiangsu is raised to 24500-25000 yuan / ton.

As of October 21st, the mainstream factories in Jiangsu and Zhejiang provinces reported 7050-7360 yuan / ton of polyester POY150D/48F, the average price was 7296.25 yuan / ton, 2.46% higher than the beginning of the week; DTY150D/48F (low elastic) reported 8860-9200 yuan / ton, the average price was 9013.33 yuan / ton, 1.95% higher than the beginning of the week; FDY150D/96F reported 7910-8100 yuan / ton, the average price was 7953.33 yuan / ton, 2.36% times higher than the beginning of the week.

During the week, the polyester filament market showed a strong trend, raw material prices strengthened and cost pressures appeared.

The PTA spot market of polyester filament has been slightly stronger, the operating rate has been reduced by 0.20% compared with last week, and the downstream polyester plant has started relatively stable, and the supply and demand is basically stable.

As of October 21st, East China

Market mainstream prices concentrated in 4720-4820 yuan / ton, compared with the beginning of the week rose 1.62%, up 2.30% over the same period last year.

Downstream procurement cautious, order based, many fabrics and bomb companies have been losing money.

The PTA market is pouring into the capital, the speculative atmosphere is rising, and the futures market is strengthening.

Polyester plant started relatively stable, production and marketing increased, polyester plant supply and demand fundamentals remain tight overall, resulting in polyester filament increased significantly.

With the restart of the PTA device, the supply side will increase, the trend of polyester filament rising is blocked, and the market has a risk of falling down. It is expected that the polyester filament will be the main shock next week.