Shandong Weifang Lint Price Is Strong &Nbsp; Chemical Fiber Prices Fall.

Although the price of Zheng cotton futures fluctuated a lot, the price of the far month contract fell significantly, but the spot price of Shandong Weifang remained stable, and the price of high-grade lint rose slightly.

It is understood that in June 8th, the local 229 lint quotes were between 18000-18300 yuan / ton, up 100-200 yuan / ton compared with last week, but the actual paction price remained at 18000 yuan / ton; the 329 level paction price was 17800 yuan / ton, and the 429 level paction price was 17500 yuan / ton, all remained stable.

On the same day, the local pet staple price was quoted at around 9700 yuan / ton (average price), which fell by 100-200 yuan / ton compared with last week's 9900-9800 yuan / ton. The Shandong Hailong viscose staple fiber price quoted at 18600 yuan / ton, compared with the 18800 yuan / ton in June 4th, fell 200 yuan / ton, and the polyester filament quotation of various manufacturers also had a decrease of 100-200 yuan / ton.

According to the analysis of the local industry, some customers have reflected that the chemical fiber varieties have not been waiting for the products after signing the order, and the profits have been swallowed up by the price of raw materials, and even some will lose money. The price of lint cotton is rising steadily, and the cotton yarns have been raised accordingly, so there is no need to worry about the profits being swallowed up, so they are rushing to make varieties of pure cotton or cotton. So, according to the habit of buying up or not buying, the market of the chemical fiber market may continue to be weak, and the possibility of falling prices will not be ruled out, and the cotton market may maintain a strong trend.