M News

Cotton, Polyester, Viscose Market Briefing-Mar 24, 2017

Cotton: Weaving factories cotton stock bid price tends to be more reasonable, market observed few spot goods deals. Under the downward sales of cotton yarn atmosphere, the weaving factories’ activeness of stocking weakened.

Polyester : Recently inquiries and deals are less.

Viscose : Price trend starts to slide down, negotiation leads to deals. Downstream factory started replenishment due to the inelastic demands, but asking for low prices. High class goods are performing the exporting orders entered before, and the price is stable. Low to middle class market varies the offer price, some deals are around 16,500 RMB/ton.