In January 2019, Raw Material Prices Of Chemical Fiber Decreased By 200-300 Yuan Per Ton.

With the approaching of the Spring Festival, the cotton textile market has come to a good voice on Sino US economic and trade consultations. At the press conference of the Ministry of foreign affairs, it also revealed the smooth progress of Sino US economic and trade consultations, and will soon release a formal result, which is expected to further support the cotton textile market in the short term.

It is understood that after the consensus reached between the heads of state of China and the United States in the early December 2018 and the stop of the new tariff message, textile and garment foreign trade enterprises have picked up the trade relationship with the United States, and the textile market's foreign trade orders show a recovery trend. Although the turnover of foreign trade orders has improved, domestic textile enterprises are still under pressure. Judging from the textile data of the national cotton monitoring system, the price of textile yarns still kept a downward trend, but the decline in the previous period decreased. As can be seen from the following picture, take the 32 combs as an example, the downward rate of the ring down in November 2018 and December has reached 400 yuan / ton, and the decrease in January 2019 has narrowed to 200 yuan / ton in January 2019.

From the perspective of raw materials of textile enterprises, during the 10-12 months of 2018, the decline rate of cotton is generally larger than that of cotton or polyester, and the decline of raw materials in chemical fiber has dropped to 200-300 yuan / ton after entering January 2019.

With the passage of time, trade easing between China and the United States has begun to play a positive role in the market. If the Sino US trade negotiations have made substantial progress, the revival of the cotton textile market will soon be expected. Sino US trade friction is also an opportunity and challenge for enterprises. Spring is coming, and hope is always there.