Sichuan Polyester Staple Price Down

In June 7th, cotton prices in Sichuan province were basically unchanged from the previous weekend, of which 229 mainstream Xinjiang cotton market quoted 18800 yuan / ton (public weight, self mention, tickets, the same below), and 329 Xinjiang cotton price 18600 yuan / ton.

At present, the high-grade cotton is scarce in the market, and the supply is relatively tight, while the low grade cotton is abundant, but the quality is not guaranteed and the weight loss is serious.

With the strong price of raw materials, the quotation of pure cotton yarn has been stable recently, and the production and marketing situation is still good.

Affected by the fall in crude oil prices, the price of polyester staple fiber continued to decline on that day, of which 1.4D*38mm was quoted at 10050 yuan / ton (delivered and brought tickets), down 100 yuan / ton compared with the previous weekend.

Although the price of polyester cotton yarn has not been lowered, it remained unchanged from last weekend, but the market was slightly weaker.

It is understood that after a large number of replenishment in the first two weeks, there is plenty of stock in the weaving mill, and the increase in cloth price is not as good as the yarn price. Most mills have increased their operating pressure, so they have turned to wait and see, resulting in a slow sale of polyester cotton yarn in the cotton mill and a small amount of stock.