Short Staple Market, The Center Of Gravity Is Down, And The Atmosphere Is Strong.

There are many low price rumors in the market, and the focus of the market talks is much lower. In the early stage, the 11600 yuan or more pactions in the middle end are more resistant, and the number of manufacturers in the 11500 yuan location has increased. The pre orders are relatively abundant, and some of them still remain at 11800 yuan, but there are few pactions. The actual negotiation is 11700 yuan, and the local low is 11600 yuan.

The price of Siro spun cotton yarn has gone down. The main factory siro spinning 30S quoted price at 17200 yuan, tight race 30S at 17700 yuan, 2-3 yuan lower than the previous quotation.

Viscose Market

Strong, tomorrow's new year's long holidays last day, the overall negotiations or more postponed to postponement operations, new year's day prices are expected to continue to fall.

At present, polyester and short are at a low price in history. If there is a major positive stimulus, there may be a possibility of dropping volume. Otherwise, prices will continue to bottom.

Related links:

Cotton spot prices narrowed narrowing, and now signs of stabilization and bottoming.

However, the downward trend of the substitute fiber polyester staple continues and the downward pressure on prices continues.

Up to now, the cotton price trend has narrowed down in December. In the last ten trading days, the spot price of cotton has been consolidated in a single digit, and now signs of stabilization.

Yang Shibin, assistant president of China Textile Industry Federation, said that the price of cotton is now close to the real value of cotton. It is estimated that the market will be bottomed at -14000 yuan per ton of 13000 yuan per ton, and the spot price of cotton is below 13000 yuan per ton.

Stabilizing cotton prices is conducive to upgrading the volume of upstream and downstream markets of cotton. Earlier, the "cliff style" fell, causing cotton traders to dare not buy cotton, while downstream textile enterprises did not agree.

There are differences between cotton and cotton prices. The market price of cotton main alternative fiber polyester staple is fluctuating.

Up to now, the price of polyester staple fiber has dropped sharply in December, with a total decline of 11.1%.

Market participants believe that the decline of polyester staple fiber was mainly affected by the sharp fall in cotton prices and the decline in crude oil prices.

The sharp drop in cotton prices in the second half of the year has narrowed the price difference between cotton and polyester staple to the lowest level in recent years.

Thus, the substitution advantage of polyester staple is narrowed, and the market pressure is prominent.

At present, polyester staple fiber prices lower than domestic cotton 6000 yuan per ton, compared to the beginning of 2014 yuan 10000 yuan per ton price difference still narrowed substantially.

Some market participants believe that although the polyester industry is affected by overcapacity, the intensity of production reduction is greater at this stage, but the market pressure of low price cotton will be greater.