The Price Is Crazy For &Nbsp; &Nbsp; PET Staple Is Also Rising.

Due to tight global supply and climate factors,

At present, both China and India are affected by rainfall, and the new cotton market will be delayed.

Last week, the rainfall in India increased by 19% over the same period last year, an increase of 26% over the previous week. The rainfall in the central region was lower than that in the previous week. Since September, rainfall in India has increased by 22% over the same period in previous years.

In China, most cotton producing areas have been affected by continuous rain and frost since September.

Due to weather factors, cotton traders have higher expectations for cotton prices in the future market, and they are reluctant to sell seriously.

In addition, India's restrictions on cotton exports have also increased the weight of cotton speculation.

Cotton prices are soaring.

Polyester staple fiber: as a substitute for cotton, after entering September, especially after mid September, the market of polyester staple fiber in East China is increasing. Not only the average daily gain has reached 100-200 yuan / ton, but also showed an uninterrupted continuous increase.

In the past year and a half, polyester staple market has always been in a weak state, especially compared with the hot products such as polyester filament.

However, although the price difference between cotton and cotton has been reduced, the price is still 1.7 times larger.

In addition, there are still several factors contributing to inflation: 1, tight supply.

Unlike the frequent expansion of filament yarns, polyester and short have not yet heard of the new expansion in recent years. Due to the loss in the first half of the year and the demand for energy conservation and emission reduction, some factories have lost their production volume, resulting in less supply at present.

2, national day stock raising needs.

Although Jiangsu and Zhejiang rigidly controlled power restriction in August, but the National Day was close to the national day, the power factor was downplayed and rigid demand springing up.

3, polyester raw materials before sprint.

To a certain extent, the PTA spot market is characterized by strong financial attributes, while PTA futures currently have a general topic of their own, but they benefit from the upward trend of agricultural products.

Before and after the national day, polyester staple market demand is boosted, there is still room for uplink.

But for the well stocked downstream, the strength of the disk will certainly be weaker than before. Therefore, the cornerstone is not very stable, and other alternative products will also catch up with the market after the cotton boom. From this point of view, the staple fiber is indeed eye-catching, but its supporting force is still open to question.