Ji Lu Yu: The Whole Yarn Market Is Very Cold And Some Enterprises Are Under Great Pressure (12.16-12.20).

This week (12.16-20) raw materials: In recent years, cotton prices are in a fine adjustment stage, basically stable and steady. The supply of the market is ample, but affected by many factors, the overall feedback shows that there is less demand for positive stocking before the festival, which generally reflects indifference. The main reason is that the market outlook is uncertain, the overall situation is low, and the capital situation is not allowed. Many enterprises still maintain low inventory and low willingness to purchase, resulting in increased pressure on cotton enterprises. This week, polyester staple fiber price preference trend development, big manufacturers offer a higher price of 70500 yuan / ton. Viscose staple fiber performance is still very low, volume and price are downward trend.

Yarn: This week coincides with Christmas. When foreign countries are on holiday break, foreign trade orders are scarce. Many export orders enterprises only make a small portion of stock, and sales are basically at a standstill, resulting in a further reduction in market demand. In December, the overall performance of the market was rather cold, especially the decline of the regular varieties of goods on the basis of the quantity of goods was more obvious, which led to the lack of confidence in the whole cotton yarn industry. The performance of the differentiated fiber yarn market was relatively stable, although orders were mainly small and medium sized orders, but the orders were basically continuous, and the profits were much better than those of conventional yarns. Therefore, in the same industry off-season, the production of special yarn based enterprises is much better than the production of conventional yarn enterprises, and the pressure is much smaller. It is learnt that at present, some textile enterprises have come to the point where they can hardly move. They are in arrears with workers' wages, without funds to purchase raw materials, and in a vicious circle, they can only leave in advance or shut down.