Spot market: according to the monitoring of the business community, recently, the quotation of pure polyester yarn market has been rising steadily. As of July 9, the price of 32S pure polyester yarn in Shandong was about 11680 yuan / ton, the same as last week; Jiangsu Nantong Suzhong 32S pure polyester yarn reported 15000 yuan / ton, up 700 yuan / ton from last week. This week, the pure polyester yarn market is weak, sales continue to be flat, goods are still relatively light, the industry mentality is still cautious, confidence is still insufficient, trade merchants are mainly wait-and-see, spinning manufacturers are mainly shipping mentality.
Upstream polyester staple fiber: in terms of futures, polyester raw materials were affected by crude oil, and staple fiber also weakened. On July 8, the futures price of polyester staple fiber 2109 contract closed at 7166 yuan, down 1.86% from the previous trading day; In terms of spot goods, the futures price of staple fiber is going down. In addition to the centralized purchase of yarn mills last weekend, the production and sales of staple fiber are poor, and the market is cold. The overall production and sales of the factory is about 17.27%. East China staple fiber quoted 6975 yuan, down 100 yuan from the previous trading day. Short fiber futures are still mainly in the state of shock adjustment, but the possibility of significant sustained decline is not big, the market will still be stable shock finishing.
Downstream demand: due to the summer off-season, some clothing manufacturers’ cloth procurement has decreased, the orders of downstream clothing manufacturers and home textile manufacturers have decreased month on month, and the textile market has a strong wait-and-see mood. Due to the decline of downstream demand, the orders of some traders and weaving manufacturers for mass products are still insufficient, the start-up rate of weaving enterprises is gradually decreasing, the output of printing and dyeing enterprises is declining month on month, and the market trend is partially weak.
Suggestion: it is expected that the overall market will fluctuate in the future. Pay attention to the trend of raw materials and the demand of downstream market.
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