Two Cities In Jiaxing, Shengze: Polyester / Polyester Composite Wire Continues To Fall
In the past week (from March 19th to 25th), the market of polyester / polyester composite yarn in Shengze market is still down, with a downward trend.
Market prices show that polyester and polyester composite wire products, (DT flat pull +POY) 50+50, 50+68 products price 25 days actual closing price at 14300-14600 yuan / ton, 14000-14200 yuan / ton, compared with the previous week price fell by 300 yuan / ton; (DT flat traction + POY) 100+50, 100+75 products prices have also been reduced, the current price in 13500 yuan /T, 13800 yuan /T.
(DT flat traction +POY) 100+100, 100+125 products prices also fell, for example, (DT Ping pull +POY) 100+100 products actual paction price fell to 12600 yuan / ton, the factory price of individual factories even lower.
Industry analysis of polyester / polyester composite yarn products prices fell reasons: first, the upstream semi gloss polyester chip market fell, the mainstream cash is generally between 10150-10200 yuan /T, the polyester polyester composite silk market to suppress; two is polyester polyester composite yarn one step spinning production capacity increased, manufacturers to ensure production and marketing, have voluntarily allowed the price to run; three is the downstream water jet weaving at present polyester polyester composite wire procurement cautious, plus the current polyester market market weakness.
It is expected that the polyester / polyester composite yarn market will be weak and downtrend next week. However, at present, spinning factories have taken different measures.
In addition, the next five Party of polyester / polyester composite wire (Tong Kun, Xin Feng Ming, Liao Wu, Hua Ming, earth blue, Zheng long, Yu Xiang and other seven parties) will be held in Tong Kun group.
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