Trend Of Textile Materials And Market Prospect

Although the latest USDA supply and demand report continues to cut down the output of US cotton, the output of other countries has not been adjusted, and the major cotton consuming countries such as China, India, Turkey and Bangladesh have been reduced.

China's import demand has been raised by 327 thousand, and India's exports have been raised by 163 thousand tons as a result of China's policy of purchasing and storage, coupled with previous sales reports.

The increase in China's imports indicates that the domestic purchasing and storage policy has led to the supply and demand side, and the domestic and foreign markets are facing more obvious differences in the supply and demand environment.

Domestic demand will become more pessimistic this year, and the market is now estimated to be under 9 million tons to 8 million tons.

Many textile enterprises believe that the current situation is more than that in 2008.

In terms of chemical fiber, the polyester staple fiber began to stabilize and rebound after a long period of decline.

On the 15 day, the quotations for polyester and short were 11380 yuan / ton, sticky short papers at 15940 yuan / ton, and there was a certain increase.

Although the market is still cautious about the trend of chemical fiber raw materials, it also illustrates some changes in market mindset and downstream demand.

Recent cotton spot also showed signs of stabilization, the CC328 index rebounded slightly, and textile companies also began to raise the purchase price.

From the trend of textile raw materials, we can see that on the one hand, the spot price of cotton has risen slightly after stopping the decline. On the other hand, the price of cotton substitute has also rebounded, and the atmosphere in the spot market is beginning to show signs of pformation.

Yarn prices are still weak, but began to stabilize, 15 days, 32 carpets of yarn price

Global demand for textiles may decrease in the coming year, but I believe it will not be too great, and the terminal market is relatively stable. Next year, textile supply and demand will be restored to a stable situation.