Polyester Staple Market: Down And Down

Last week (October 13th -17), polyester and short prices continued to move in a declining channel.

The decline in commodity prices has a negative impact on market sentiment, and PTA and MEG are intensifying.

Polyester and short manufacturers will voluntarily decline in willingness to reduce prices.

Prices easily fell below the 8500 yuan / tonne pass and continued to approach 8000 yuan / ton.

Cautious wait-and-see is mostly, but mentality is gradually differentiated.

The difference between North and South market is short.

Jiangsu and Zhejiang 1.4D direct spinning polyester short mainstream prices fell to 8200-8300 yuan / ton factory, compared with last week fell more than 300 yuan / ton.

The price is slightly weaker, and the mainstream 32S pure polyester yarn is 12800-12900 yuan / ton.

On the whole, polyester and short are approaching 8000, the market mentality is complex, and the willingness to make larger stocks is enhanced. However, the signs of bottoming are uncertain.

If there is good stimulation next week, there will be a possibility of PEG and drop.

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Vertical cotton planting areas in the mainland, Shandong, Hebei and other places compared to last night's opening scale for about a month.

At the present stage, the cotton market in the mainland has a price free market pattern. It is very likely that the cotton will be sold centrally, resulting in a lower price of cotton.

At present, it is reported that the price of the 3128 class of Xinjiang cotton producing area in Akesu is 14500 yuan / ton, and the pre-sale price to the mainland is 15000-15500 yuan / ton.

According to industry analysis, this is only a phased rise; however, under the influence of high inventory, the future of cotton price is not optimistic. Although the cotton price has rebounded slightly under the stage shortage, it is difficult to form a growth trend.

Recently, the yarn market is still keeping up with the pre market decline.

The market price is more chaotic, and low price yarn occupies a lot of market.

Most spinning enterprises are quietly adjusting their prices according to their own conditions to speed up shipment.

Pure cotton yarn market is still in the stage of flagging, bulk shipment, low turnover.

C40S single yarn sells for 24500-25500 yuan / ton.

Polyester cotton yarn is relatively active, and the quantity of polyester cotton yarn is balanced.

T65/C35 45S mainstream paction price of 18800-19300 yuan / ton.

Viscose staple fiber prices rose slightly this week, but the amount of increase did not reach the stage that could affect the price of yarns, so viscose yarn prices remained at a pre level level.

The mainstream price of R30S is around 16000 yuan.

Spinning enterprises are struggling to keep up with the surging trend. The industry analysis shows that the greater pressure of spinning enterprises will be in the late October to November, the market is unfathomable, and every cotton textile enterprise has not many reserves at present, so it can only resist the present.

In November, a large number of new flowers were put on the market, and the textile enterprises went to a large number of stocking and stocking periods. If prices could not be bottomed out, they would be faced with the choice of stocking quantity, and it was also a test for every enterprise's insight into the future market situation, which meant that more risks should be undertaken, and at the same time, there would be enough cash flow for cotton picking.

In the early stage, there are few enterprises that do not lose, and the problem of capital chain breaking has become an important factor affecting the development of many enterprises.