Asia Chemical Fiber Conference: Cotton Prices Difficult To Catch Chemical Fiber Is Expected To Start In The Third Quarter.
In the eighth Asian chemical fiber industry During the meeting, members discussed much about the international community. Cotton price Trend and chemical fiber correlation and future evolution. Guo Shaoyi, chairman of Taiwan artificial fiber Association, bluntly said that the cotton rose was normal, but the cotton price fell and the chemical fiber also fell. This year's second quarter to July and August are conservative. It is estimated that the third quarter will gradually improve.
Akihiro Nikkaku, Japan's chemical fiber Association, said that most of Japan's chemical fiber factories were in Kansai, and a few were in Guandong, although the nuclear noise was relatively small, the recent Japanese government's power restriction order would affect. Chemical fiber output It is estimated that Japan's chemical fiber production may be reduced by 10% to 15% in the second half.
Duan Xiaoping, President of China Chemical Fiber Industry Association, said that the frequency of cotton prices fluctuated too much, so it is difficult to judge the next trend. Recently, under the tightening policy, the Chinese government has been fighting against speculation and cotton prices. However, the cotton harvest is very heavy, and it is still difficult to harvest mechanically and labor costs are increasing. Therefore, even if the price of cotton rises, the income of cotton farmers will not increase significantly, and the planting area will not be widely planted because of rising prices.
End Xiaoping analysis, cotton Price What is going on or down depends on downstream demand and inventory. What is more important is whether stock prices will cause different price fluctuations in the hands of farmers, governments and cotton spinning enterprises.
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