The Overall Performance Of The Textile Raw Materials Market Is Still Very Low.

After the black October, polyester products dropped from slicing to staple and filament to a low point in decades.

The overfall of polyester products has stimulated the desire of terminal procurement. This week, the downstream enterprises began to exert their strength, and almost all polyester factories sold more than one hundred percent, and the retaliatory rebound became inevitable.

According to preliminary statistics, MEG, filament grade chips and some polyester varieties increased by more than 10%, while PTA and PET staple fiber rose relatively small, and the range was around 3%.

But with the weekend's international crude oil prices continuing to drop to 60 US dollars / barrel, polyester market short rally soon ended, the market wait-and-see atmosphere has spread again.

Unlike the dramatic rebound in polyester market, acrylic, nylon and viscose market continued to decline, and the pmission from upstream raw materials to midstream fiber products is still increasing.

For example, the price of acrylic staple fiber, which was stable in early performance, dropped by 1000-2000 yuan on Monday.

The price of nylon fiber is also increasing at the upstream, driven by CPL acceleration.

It is worth mentioning that the collapse of the chemical fiber market has begun to gradually spread to the domestic cotton market.

It is understood that this week, the domestic electronic matching and Zheng cotton market continued to appear four down boards, hit by this, three cotton prices in some parts of the country have dropped to 10 thousand yuan near the gateway.

As the terminal consumer market continues to deteriorate, the industry generally see the textile raw materials and products in the market outlook is very low.