Price trend

According to the data of SunSirs, the price of 32S cotton yarn in Shandong on the 14th was 26,250 RMB/ton, a year-on-year decrease of 3.96%.

Analysis review

The cotton yarn market is dominated by low- and medium-count yarns. Market inquiries have increased, orders have been placed in winter, and the current demand has improved. Some textile companies have placed orders until November.

After the power curtailment was lifted, the overall operating rate recovered and remained stable. After the cotton price fell and stabilized again, the willingness of spinning mills to replenish raw materials increased. The grey fabric market continued the previous market, mainly weaving factories went to warehouses, and remained cautious about the market outlook.

Market outlook

The overall performance of the demand side is not as good as that of the same period of previous years, the inventory of finished products in the industrial chain is still at a high level, the cotton price lacks an upward drive, and the short-term cotton yarn market remains stable.

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