Viscose Staple Market: Steady And Weak (11.26)
Viscose staple fiber
The price is steady and weak, and the downstream price is stronger.
Viscose staple market prices are stable and weak, high-end prices are still loose, early 12150-12200 yuan high orders have been reduced, turnover of more than 12000-12100 yuan.
Due to some factory overhaul in the early stage, the price is temporarily stable at 11900 yuan, but the industry start-up rate has been rising recently, and the intention to lower the price is still strong.
Xiao Xiao
viscose yarn
Prices are stable and weak, and market trading is slowing down.
Siro spinning 30S market to negotiate 17500-17800 yuan, tight race 40S
offer
It's 20000-25000 yuan.
Viscose staple fiber market price low finishing, downstream is still lack of purchasing power, is expected to remain weak in the late stage.
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Low cotton prices will be conducive to the overall development of the cotton textile industry, Yang Shibin said, China's cotton prices in the 13000-14000 yuan range, will be more conducive to the cotton textile industry.
The difference between domestic and foreign cotton prices will be narrowed to less than 2000 yuan per ton.
It helps to enhance the international competitiveness of China's textile industry.
In terms of total volume, low cotton prices will enhance the demand of cotton market and facilitate the recovery of cotton textile industry scale.
China Cotton Association and China Textile Industry Federation told great wisdom news agency that in 2014, China's cotton consumption is expected to grow 500 thousand tons to 8 million 500 thousand tons.
The risk of low cotton price for cotton textile industry lies in whether the prices of cotton yarn and cotton cloth and other products in the related enterprises are "anti - fall".
Affected by the decline in raw material prices, downstream textile prices are also partly under pressure.
However, judging from the market performance in 2014, Lu Tai A (000726.SZ) and Huafu color spinning (002042.SZ) and other enterprises performed well.
Sun Weiting, chairman of Huafu color spinning, told Da wisdom news agency that the sales price of the company dropped by less than that of raw materials.
Lu Tai A, the third quarter of 2014, the price of shirts and dyed fabrics and sales volume did not decline compared with the same period last year, but because of the company's 130 thousand acres of cotton cultivation business, the decline in cotton prices dragged down the related business revenue.
Cotton price trend is unknown, such as continuous downward exploration, may also have a certain impact on the sales of cotton textile industry market.
Recent market discussions show that cotton prices have fallen sharply, leading to cautious orders for cotton textile downstream customers.
Stable cotton prices will help restore orders, leading enterprises and enterprises with differentiated competitive products will have stronger bargaining power.
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