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According to the commodity market analysis system of the business community, last week pure polyester yarn and polyester yarn market transactions are light, the shipments of various series of yarns are not large, the price of some specifications of pure polyester yarn fell slightly, and the polyester yarn was temporarily stable. As of June 16, the average price of pure polyester yarn market in Shandong Province was 12,900 yuan/ton, down 0.77% from last week, down 14.57% year-on-year, and the average price of polyester cotton yarn market was 17,820 yuan/ton, up 0.56% from last week, down 15.55% year-on-year.
Last week, the market changed little, yarn sales are still weak, little shipments, customer feedback foreign trade orders not only did not improve, but fell seriously, domestic follow-up orders are not ideal. Pure polyester yarn prices fell slightly, Siro spinning, close Siro spinning source shipments are relatively good, ordinary ring spinning yarn shipments are slow, individual varieties have the willingness to throw goods, middlemen rarely stock up to do inventory, some areas have price reduction promotions. The price of polyester cotton yarn has not followed the momentum of growth, and the current inventory pressure of the cotton mill is not large, and the profit margin is small.
In terms of raw materials, at present, the polyester staple fiber market mainly follows the fluctuations of raw materials, and the price is stable and strong. At present, the volume of the cotton market is light, the supply side is more profitable and the downstream negative feedback game, the price is in a dilemma, and the high and volatile pattern is basically maintained.
From the demand side, the current fabric orders are insufficient, the market is depressed, and the quotation of individual large quantities of varieties is serious, and the trading company is trying to push the sample quotation. Although the recent quotation is more, but the actual order is less. In addition to the competition from domestic counterparts, the pressure from India and other places is also very large, their custom woven varieties are also very competitive, although the quality is not as good as domestic, but in the long run is a very big threat. Therefore, the end customer takes the cloth price of foreign countries to take the cloth of domestic quality, and the price is extremely fierce.
The current cost side of the favorable support still exists, but there is no sign of improvement in foreign trade demand, domestic trade market demand off-season characteristics are obvious, domestic and foreign markets are not smooth, weak demand, yarn transactions continue to decline, business analysts believe that the market for pure polyester yarn and polyester cotton yarn continued weak market, still mostly stable.
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