Textile Raw Materials Market Difficult To Change Fatigue

In the fourth week of November, the textile market basically continued last week's trend and continued to slump. Raw material product The vast majority of spot merchandise continued to slightly callback. Among them, the cotton textile industry chain almost copied the trend of last week, the downstream cotton yarn first fell, the upstream lint was consistent with its trend, and fell slightly. In the chemical fiber industry chain, although the PTA market rose slightly in the middle of this week, it continued to rise last week, and the weekend callback was weak. This week the whole industry continued to remain depressed, and the market is still lacking. Support power 。

Cotton textile industry chain: if the market is duplicated, then this week and last week's cotton Textile market This is verified. Due to the recent emergence of cotton market and no strong support, there has been no strong support for purchasing and storage, so cotton market is still weak this week.

Judging from the classified products, the weekend price of pure cotton yarn market has dropped to 22500 yuan / ton, which is 1.3% lower than that of 22800 yuan / ton at the beginning of the week, which shows that the market is still weak.

As for the lint market, along with the trend of cotton yarn, the price of the 3 grade lint cotton has been hovering around 19000 yuan / ton, and the price of grade 3 Xinjiang cotton has already dropped to 20 thousand yuan / ton. Although the decline of real estate cotton is not serious compared with the beginning of the week, the sad atmosphere has continued to the entire textile industry.

In terms of enterprises, the spot market is very light, and cotton enterprises mainly rely on storage, while cotton purchasing and storage has no particularly supportive information, so it can only temporarily maintain product stability.

The rebound in the lint market depends mainly on export orders, and in the short term, there are few favorable factors. Lint prices are expected to decline slightly.

Chemical fiber industry chain: from the price trend of PTA, the overall market trend of chemical fiber industry chain is relatively stable, unlike cotton textile industry chain.

Of course, the small increase in the PTA market is related to the policy of "limited production and price protection" recently carried out by the industry.

Recently, the industry has been coping with the current industrial crisis by limiting production and protecting prices. The measure has effectively boosted the spot market, leading to PTA's rebound in prices at the beginning of this week, thus supporting the PTA market.

But downstream polyester products are obviously not so lucky, the market trend continues to be weak, and a small drop. PTA upstream products PX market weakness is still not showing any signs of warming or supporting. Therefore, in the near future, the future of the chemical fiber industry chain is still weak, and the weak zone is the general direction.

Cocoon silk industry chain: this week's cocoon silk market seems to be showing signs of bottom warming, and dried cocoon raw silk has dropped slightly. However, there was no major turbulence in the market and only a narrow consolidation. Cocoon silk prices remain strong in the near future, sticking to the 300 thousand / ton bottom line.

However, the weekend market prices are less promising, the main disk position is not large. The consumer market downturn is an important reason for the lack of support for cocoon silk market, and at the end of the current acquisition of the autumn cocoon purchase in the whole country, the current purchasing situation in the downstream industry is generally, and the uplink support strength of cocoon silk price has declined.

The cocoon and silk industry in this period is relatively beneficial. Obviously, 90 thousand yuan / ton of dry cocoon and 310 thousand yuan / ton of silk will be much more stable for the thickener and silk factory than the previous bumpy price.

On the whole, the textile market continued to be in a doldrums this week. As time went on, the whole textile industry had already seen a more pessimistic atmosphere.

In terms of enterprises, affected by the RMB appreciation and weather, textile exports are sluggish, and the traditional clothing consumption season in many cities has not yet arrived, resulting in a weakening of downstream consumption, increasing inventory and decreasing production volume.