Raw Materials Declined Slightly, Prices Stabilized And Mutual Decline.

According to the monitoring, the price index of raw materials was reported at 87.11 points, down 0.40%, down 4.88% compared with the beginning of the year, down 5.71% from the same period.

Polyester raw materials are still weak, polyester market is still downward.

The polyester raw material price index has dropped slightly this time. Influenced by the continuous lowering of upstream raw material costs, the polyester market has shown a slight downward trend. The cumulative decline in silk price is 100~200 yuan / ton, and the number of individual slow-moving varieties has increased.

Half light FDY75D/36F market is short of business, light FDY75D/36F market turnover shrink, silk price decline.

DTY silk 150D still has some demand, but the overall market is insufficient. DTY silk 150D/144F has increased its low price promotion because of oversupply of the market, and the downstream demand of DTY75D/144F and 150D/288F flat wire is still good.

Xiaoshao area FDY market is flat, manufacturers offer partial reduction, big light price partial decline, fine denier silk weak wait and see, FDY market market weak finishing; DTY manufacturers production and marketing dull, quote partial decline, DTY porous silk market weak finishing.

Upper reaches

The market continued to weaken and arranged, and the paction was down. In the East China, the PTA spot mainstream 6620~6730 yuan / ton, the MEG mainstream 6620~6870 yuan / ton, the price of polyester chip contract still has a downward trend, the market wait-and-see fatigue, turnover is still weak, polyester chip (PET) in Jiangsu and Zhejiang area semi gloss slice cash or March acceptance 8450~8650 yuan / ton.

Yarn is still showing signs of weakness, and prices remain stable.

Recently, the overall market atmosphere of the yarn market is still sluggish, and the market is weak and difficult to change. The overall market situation of all yarns is still showing a weak market pattern.

Pure cotton yarn showed weaker performance and turnover decreased. Although the regular combed yarn had been shipped, the overall turnover was basically difficult to change, the price was weak, the combed yarn atmosphere was not good, the price volume was partly weak and slipped; because of the lack of order support, the high yarn market was weak.

Because of the recent weak performance of the upper reaches of cotton, prices still fall, whether electronic matching, Zheng cotton futures or spot are weak, the spot is more wait-and-see, waiting for the new cotton is clear, the price is steadily down, the mainland 329 grade lint mainstream to the price of 16800 yuan / ton.

And downstream

The overall market is still not optimistic, with little progress in sales, poor domestic sales, high capital pressure, low profit and insufficient market confidence.

Prices remained stable, new single pactions generally, the middle end production and sales remained below 5%, the high-end 6~8 level operation, but many manufacturers did not carry out the previous orders, because the downstream inventory pressure has not been alleviated, the overall paction orders have been leveling off.

People's cotton yarn market is hard to say, optimistic, poor market confidence and insufficient purchasing power. Because of the low price in Fujian area, the market pressure is great, and the spinning mills are tired of goods and the price of trading is weak.