Cotton Has Been Down &Nbsp; Chemical Fiber Is Still Weak.
In the past two weeks, the price of polyester products continued to decline, but the decline gradually slowed down compared with the first two weeks. PET staple fiber, POY, DTY and FDY fell by 6.06, 3.97%, 0.70% and 4.57%, respectively.
Raw materials are partly mixed. PX (external disk) rose 6.15% in the past two weeks, PTA rose 1.62%, MEG (internal disk) fell 1.44%, polyester chip fell 0.67%.
In the past two weeks, except for the 328 index of cotton, a rebound has risen, rising by 3.62%. Cotton lint Cotton pulp, viscose yarn And viscose staple fiber decreased by 10.77%, 3.38%, 10% and 10.95% respectively. In terms of product profit, the profit of viscose staple fiber decreased from 1979 yuan / ton two weeks ago to -400 yuan / ton, and the profit of human cotton yarn product is now approaching 0, while the profit of cotton pulp product has increased 140% due to the sharp fall of cotton lint. Viscose filament prices fell by 0.5%, the only price that can keep rising.
Spandex prices have declined in the past two weeks, while 20D and 40D have decreased by 3.49% and 3.08% respectively, but the decrease has decreased. In terms of raw materials, the price of PTMEG and pure MDI has not changed in the past two weeks, and the profit of Spandex Products has dropped by 2000 yuan / ton, -5.24%. Last week, the market price of bulk and bottled BDO in East China and the export price of Yunnan Yun Wei BDO fell by 3.19%, 5.81% and 11.63% respectively. The price of PTMEG supported by the lack of raw material prices is more likely to fall, which is bound to cause the price reduction of spandex.
Last week, the key coverage companies in addition to the Xinxiang chemical fiber for the overall red, polyester enterprises in the performance of the sea is outstanding, the week rose to 16.55%, Spandex Enterprises rose 2.27%, viscose enterprises rose 1.53%, vinylon enterprises rose 6.54%, in general, as a result of entering the demand off-season, the industry as a whole is in the same direction, it is difficult to exceed the market.
After experiencing a sharp rise and fall, cotton prices began to pick up. However, the prices of chemical fiber products are still falling. Although the decline is slowing down, the market for chemical fiber products is bleak in the low demand season. Now the cotton price stabilization has played a supporting role in the price of chemical fiber products, but it will only rebound until the demand rises after the off-season.
In the past two weeks, the price of chemical fiber products is still weak. In the off-season demand, there is pressure on all the subdivision products to rise, and the market trend is unknown.
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