Xi'An Raw Materials Prices Are Weak, Sorting Enterprises Sit On The Mountain To Wait And See
Recently, the price of raw materials in Shaanxi Xi'an continues to be dominated by disadvantaged collation, and a few textile enterprises are exploring procurement. Most enterprises still hold a wait-and-see attitude.
According to a local cotton textile enterprise purchasing department manager: "last week some of the textile enterprises have exploratory procurement, but the amount of procurement is not large, can guarantee the spinning enterprise about 20 days of usage." About the price trend of the market, the manager analyzed: "the prices of cotton, polyester, viscose and other prices have dropped a lot in the near future, but the textile enterprises in Xi'an and surrounding areas will increase the intensity of closing, stopping and limiting production in the next one or two months, and the consumption of raw materials will continue to decrease. It is expected that the cotton price will be dominated by disadvantaged consolidation in the short term, and there is no big breakthrough in the short term, and the textile enterprises will pay close attention to the future market and procurement." In November 10th, the local 229 class Xinjiang cotton price quoted 12200 yuan / ton, the 329 level quoted price 11850 yuan / ton; viscose staple fiber 1.5D*38mm to the factory price 14000 yuan / ton, was basically the same as in November 7th; the polyester staple fiber 1.4D*38mm Sinopec quoted 7300-7400 yuan / ton, up 50 yuan / ton, the agent was anxious to ship the goods, the spinning enterprise waited on the sidelines mainly, did not purchase temporarily.
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