Spinning Enterprises Orders Are Still Not Ideal, Short Term Yarn, Fabric Market Easy To Fall, Difficult To Rise.

Last week (August 30th -9 5), the domestic cotton market wait-and-see sentiment is strong, the market waits for new cotton to go on the market, the textile enterprise order is still not ideal, the gauze appears the cloudy fall posture.

Last week, the cotton spot market continued to be weak, and merchants mostly focused on clearing stocks, and the overall volume was small. A businessman in Hubei has quoted 3128 yuan Hubei warehouse for 13000 yuan / ton (official voting). At present, most enterprises in the market are waiting for new cotton to go on sale. The mainland has already bought sporadic seed cotton for trial and purchase, but the amount is small, and because of the high horse value, it is mostly for civilian use. The market expects that Xinjiang's seed cotton purchase price will be less than 5 yuan / kg this year, and because there are still a large number of cotton stocks in Xinjiang, which are not yet sold, the purchase and processing of cotton seed ginning plants will be cautious this year, and some of the cotton ginning plants will give up.

Because of the lack of good stimulation, the polyester fiber market continues to adjust in the case of polyester raw materials and low inventory. Sichuan Sinopec polyester short sale price of 7650 yuan / ton, China chemical fiber polyester short quotation of 6300-6500 yuan / ton.

The order of textile enterprises in recent years is still not ideal, and the price is low. Although entered the "Kim Gu" month, but the whole market bad atmosphere lingers, the market pressure layer upon layer superposition, Sino US trade friction aggravated hard to erase. It is expected that yarn prices will continue to fall easily in the short term, and textile companies are basically cautious about the forecast for the next market.