Polyester/cotton yarn mills reported a slump in their overall demand this year, partly owing to the surge in supply caused by previous production shift and partly due to the change in market sentiment owing to the trade war. As the CCF Group notes, after initial smooth sales and low inventory in end
Polyester/cotton yarn price sustains falling, and the inventory keeps rising to the highest since 2016 and does not show downtrend now. According to the major producing areas including Fujian, Shandong and Jiangxi, the sales of polyester/cotton yarn are much poorer than the past years and inventory