Raw Material Market Performance Calm, Yarn Price Adjustment

Over the past week (22-26 April 2019), the news of the central reserve cotton landing came out. The overall performance of the cotton raw material market was calm, and the price of chemical fiber did not change significantly. The textile market represented by 32 combed yarn and 40 combed cotton yarn continued to be vulnerable.

On the raw material market, domestic and foreign cotton prices remained stable and chemical fiber raw materials remained unchanged.

According to the national cotton market data, CNCottonB maintained at 15585 yuan / ton, and CNCottonM remained at 86 cents / pound. In terms of chemical fiber, polyester staple fiber was reduced to 8770 yuan / ton from 8800 yuan / ton in the previous week, and viscose staple fiber remained stable at 12400 yuan / ton.

In the textile market, the medium and low end yarns are vulnerable.

Among them, the price of 32 combed yarn dropped to 22915 yuan / ton, down 75 yuan / ton compared with last week, 40 of combed yarn dropped to 26425 yuan / ton, down 70 yuan / ton compared with last week.