Ji Lu Yu: The Textile Market Is Still Cold After The Fall Of The Whole Line.
This week (2019.6.24-28) the overall textile market was stimulated by positive signals, and the overall market showed signs of improvement. The main performance was the drop in prices of upstream and downstream products.
Raw materials: on Wednesday, the price of main raw materials continued to grow steadily, especially the price of cotton reserves and spot Xinjiang cotton had nearly 300 yuan / ton increase. Some enterprises in the lower reaches of the market also promoted the purchase of raw cotton instead of buying. This is a good turning point for the cotton market. 1.4D*38mm polyester staple fiber and viscose staple fiber prices are relatively stable, but the overall performance is generally.
Yarn: at present, the conventional yarn market is supported by the rebound of upstream raw material prices, and the price of conventional yarns is also shown as follows: the whole line will stop falling. Many textile workers have announced news through various channels: they hope to place orders as soon as possible, or the yarn price will be raised immediately. In order to promote the company's inventory pressure, increase personal performance. However, the overall market demand is affected by the off-season, and still can not achieve the expected, the recovery rate is quite slow, the lack of orders in the later stage, can not support the purpose of fast shipment and inventory reduction upstream. According to feedback: the downstream fabric mill is still very short of orders recently, there are still empty platforms on the machine, and the market price is still very chaotic. Fortunately, the frequency of repeated quotations is increasing. I hope it is a good signal. At present, polyester cotton yarn is better than pure cotton yarn from both price and shipments, but on the whole, the market is still weak.
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