Shengze Market Last Week: Cationic Silk Market Slightly Reduced.
Last week (from August 16th to 22nd), due to
Power limitation
The purchasing power of the downstream declined, and the price center of gravity declined slightly. For example, the current market price of POY50D/48F and 75D/36F cationic silk is 12700 yuan and 12500 yuan / ton respectively, compared with the price of last week, the average price dropped by 100-200 yuan / ton.
DTY and FDY in Shengze area
Cationic filament
The price is stable, for example, the price of FDY50D/24F and 63D/24F is 18700-19000 yuan /T and 17200-17400 yuan /T respectively.
According to the person concerned, the price of cationic silk
Down regulation
The reasons are as follows: first, the price of upstream raw materials has dropped, and the price of cationic chips has dropped by more than 100 yuan / ton during this period. At present, the price of the market center is 9900 yuan / ton, and the price of cationic silk has been suppressed from cost. The two is the cautious purchasing of cationic silk from downstream weaving, resulting in the increase of the sales pressure of cationic silk.
Although spinning mill stock pressure is not big, but the downstream purchasing power is weak.
Market participants have a downward trend in the market of cationic silk, but there may be a rebound in purchasing power after late August.
- Related reading
Shengze And Jiaxing Textile Raw Materials Market Polyester Market Overall Decline
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