Polyester Composite Wire Will Be Guided Next Week.
In March 16th, the price of polyester / polyester composite yarn remained stable, 100+50 quoted at 13700 yuan /T, and the volume of trading was not large.
In March 15th, polyester / polyester composite yarn market was weak, and prices continued to fall. In contrast, DT (+POY 100+50) was more flexible.
At present, the price of polyester chip in upstream raw materials has dropped, and the market trend of polyester / polyester composite yarn is the following trend.
Last week, the sale of polyester / polyester composite yarn was reduced due to the decline of polyester market. Although polyester / polyester composite yarn still has a certain production profit, the price trend of polyester / polyester composite yarn has increased, which is more than 1000 yuan, or even bigger. This decline is distressing.
In contrast, good polyester / polyester composite yarn (DT flat draw +POY) 50*50 and (DT flat traction + POY) 20*26 are also sold well. Besides, 68+50 is activated and sold for sale. The products are mainly used for producing water washable fabrics on water jet weaving.
In terms of price, last week, DT tied +POY) 50+50 and 68+50 quotations respectively dropped to 14700-15200 yuan / ton, 14400-14600 yuan / ton; (DT flat traction +POY) 100+50, 100+75, 100+100 and 100+125 quotations fell to 14000-14200 yuan / ton, 13600-13800 yuan / ton, 13200-13200 yuan / ton, 13200 yuan / ton respectively, and the prices of the above products decreased by a certain extent compared with the previous week.
Analysis of the industry, polyester / polyester composite yarn market decline, the first reason is that the polyester fiber chemical products market continues to decline, we can see that the confidence of the polyester market has been low to the extreme, downstream procurement is almost in a state of slowing down; two is the main consumer of polyester / polyester composite silk products - water jet looms at present the boot situation is down, its purchasing power is not enough, thereby affecting the price of products.
Three, because of the increase in the production capacity of one step spinning, the disorderly competition of polyester / polyester composite yarn has been suppressed.
It is expected that there will be a weak trend in polyester / polyester composite yarn market this week.
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