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According to the acceptance of buyers, it is difficult to understand where the driving force of purchasing raw materials at the net price of around 12,500yuan/mt comes from after a large number of yarns are sold at 14,000-14,200yuan/mt by the spinners. It is heard that some buyers who sell yarns at
there is no doubt that the trend of raw materials still plays a significant role. Cotton price will fall back later as downstream uses non-cotton fibers increasingly which is also the reason why cotton-contained yarns are sold stagnantly. VSF remains dipping and rayon yarn also meets tough sales. Di
V. The directionality of raw materials is relatively clearAs several plants such as Shijiazhuang Refinery, Lanhua Sci-Tech, and Haili will be restarted by the end of April and early May, the direction of spot CPL is undoubtedly downward. Especially that Haili Jiangsu will restart its 200kt/year CPL
Polyester/cotton yarn has been advantageous in yarn market since the second half of 2018. The sales were good favored by active export demand, and later it declined affected by China-US trade war but overall operation was healthy. However, it turned harder to be sold due to soft end-user demand and
