According to the price monitoring of the business community, in the 25th week of 2023 (6.19-6.23), there are 4 kinds of commodities in the textile sector that have risen from the previous quarter, and the top 3 commodities are spandex (0.38%), PTA(0.35%), and dry cocoon (0.28%). A total of 3 kinds of commodities fell from the previous three products were lint (-0.44%), polyester FDY(-0.24%), polyester POY(-0.11%), and most product prices remained stable.

Market wait-and-see sentiment heats up viscose staple fiber prices remain stable

Viscose staple fiber prices remain stable, manufacturers deliver goods according to order, in addition to the recent inventory pressure of individual factories, other manufacturers are relatively controllable. The price of raw material dissolved pulp is weakening, and the overall cost support is insufficient. Under the weak downstream demand, the wait-and-see mentality is stronger, the purchase intention is light, the human cotton yarn trading is generally, the production enthusiasm is not high under the loss of the cotton mill, and the overall load has a downward trend. Short-term viscose staple fiber buying and selling atmosphere is limited, with the end of a new round of centralized market signing. In the case of no significant improvement in terminal demand, the market will enter a wait-and-see adjustment period, and the price will be mainly stable.

Downstream cotton prices fell slightly

Cotton prices continue to fall in shock, but still in a high position. Early cotton rose sharply, but the downstream cotton yarn prices with weak growth, textile enterprises immediate profit loss margin expanded, yarn market transaction shrinkage, finished goods inventory increased slightly. The grey fabric market reflects that new orders are rare, and the start-up of textile enterprises has declined slightly, making cotton prices lack of upward drive in the short term. And the current off-season characteristics are obvious, downstream demand weakened, coupled with downstream resistance to high cotton prices, while the Xinjiang cotton commercial inventory data is higher than the previous forecast, it is expected that cotton prices will continue to decline in the short term.