Polyester Staple Market Continues To Wait And See

Today, the short and short market continues the overall wait-and-see atmosphere. The price quoted by the manufacturers is basically stable. The mainstream of 1.4D direct spinning polyester and short market in Jiangsu and Zhejiang is reported to be 6700-6800 yuan / ton, and the actual deal can be discussed.

This week's OPEC conference focused on whether the organization would cut production to support oil prices.

Today, Fujian polyester short market quotation is stable, 1.4D direct spinning polyester and short market mainstream newspaper 6600-6700 yuan / ton short delivery, actual paction can be discussed, morning.

The futures market fluctuated after opening.

Shandong and Hebei markets are stable and short quotation, 1.4D direct spinning.

The mainstream newspaper was delivered to 6750-6850 yuan / ton, and the actual paction was much more favourable.

Pure polyester yarn quotation fell, 32S mainstream offer 10500 yuan / ton up and down, 45s sales slightly better, mainstream quotation 11600 yuan / ton nearby.

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Recently, China's Textile City, clothing, materials and bags and accessories excipient turbulence, the traditional market polyester filament filament clothing and bags and accessories in the amount of spot listing is insufficient, the price fell slightly, the local shock decline.

Due to the partial obstruction of the market circulation, the inventory rate of the fabric mill has increased significantly, and one after another has begun to find their own outlets, and there has been an increase in the number of people who come to the textile market to sell grey cloth. However, the original stock of the traditional market operators has not yet been able to digest in time, and orders have been dared not to be shipped by the downstream garment manufacturers and the merchants of the two tier market.

The weak demand in the international market has a direct impact on the market, especially in the small and medium sized mills. The inventory rate continues to be high and the digestion is not finished. The pressure on the stock fabric and the finished fabric inventory has increased, prompting the weaving operators to come to the textile market to promote the sale of grey cloth. There has been an increase in the amount of fabric sold. Due to the tight capital chain, the processing business and business dealings have shown a cautious mentality at present.

The demand for polyester clothing and accessories in bags is still relatively limited due to a slight decline in prices, and most varieties have recently dropped slightly.

The market is in a passive position due to various vendors' promotion, because the demand for international market shrinks and domestic consumption exceeds demand.

In the traditional textile market, all kinds of fabrics, such as jet fabric, woven polyester FDY and DTY, are used as raw materials for garment materials and accessories, bags and fabrics in Oxford, woven fabrics for spring fabrics and woven fabrics such as woven fabrics, summer spinning and so on.

Due to the sluggish sales season in the second half of this year, the confidence index of many traditional market operators is insufficient, and some small and medium-sized businesses have also squeezed their profit margins.