M News

Cotton, Polyester, Viscose Market Briefing-Mar 13, 2017

Cotton: Spot goods price slightly declined, some Low to Middle species slide RMB100/ton. Shandong 3127 cotton bid price RMB15,600/ton. Affected by the textile factories preference of turning to stock cotton, seller are offering discounts to attract customers. High class cotton price stays stable.

Polyester : Raw material raising continued, market index is weak. Supplier offer price slides.

Viscose : Price stabilized for the weekend and early beginning this today, partial market forecast is negative. Main suppliers offer prices remains firm. Low to Middle class offer prices stays stable. High class offer price very strong.