Polyester Chip Price (12.21)

Market Continued Weak &Nbsp; Market Pactions Light.

During the weekend (17-19 December), domestic cottonseed prices were mostly stable, partly slightly down. This year cotton yields are generally low, cotton farmers are reluctant to sell, and market supply is decreasing, forcing cotton enterprises to reduce their start-up rate and cotton seed output. However, the recent demand for cottonseed is poor, and the enthusiasm of the oil plant has been reduced, so that the price of cottonseed has stopped rising.