China·Shengze Silk Chemical Fiber Index Review (8.29)

August 29, Ministry of Commerce of China • Shengze silk fiber index rose across the board, where the total index of chemical fiber and chemical fiber price index closed at 100.28 points, compared with the previous day, up 0.10 points; synthetic fabrics price index closed at 98.38 Point, compared with the previous trading day, rose by 0.08 points; chemical fiber price index closed at 104.17 points, compared with the previous trading day, up 0.10 points.

First, from the fabric market

The price index on chemical fiber fabrics closed at 98.38 points, an increase of 0.08 points compared with the previous trading day.

Since the recent stage, the market for lining in Shengze market has been mixed, the purchasing atmosphere in the downstream market has begun to rise, the procurement of cold-proof fabrics in the market has been significantly enlarged, the market supply has been tight, and social stocks have been lower than the same period last year, but some traders have been dyed. The production capacity of the factory is limited, and the shipment is not smooth and we are not willing to take orders. Environmental protection due to market factors, the operation rate decline, reducing the market supply, which led to tight supply of some products, prices density species have different degrees of increase; in some areas water jet loom phenomenon limited production, operation rate is concentrated at the 6- About 70%.

Second, from the raw material market

The Chemical Fiber Price Index closed at 104.17 points, up 0.10 points from the previous trading day.

Although international oil prices fell overnight, but today the upstream polyester raw material PTA spot market is still running strong side, another raw material ethylene glycol market prices are still higher raw materials costs now face polyester filament market performed well; in addition The downstream market is still sourcing more. Under the boost of yesterday's meeting and the rebound in production and sales, today's polyester filament market continues to rise steadily, and mainstream manufacturers offer up to 50-100 yuan/ton.