Shengze Market Weekly Quotations: Cationic Silk Market Is Weak
In the past week (March 2nd to March 8th), although the spinning production and sales balance, but the impact of the decline in the price of CDP chips, the current market generally accepted in June to buy short paction price of 7800-7900 yuan /T, this week, the performance of cationic silk market is still weak, although most of the varieties of cationic silk prices remained stable, but the production capacity of cationic silk products increased, sales pressure began to show.
Market dynamics show that this week Shengze market FDY63D/24F production and sales are still available, the current price range of 10600-10800 yuan / ton, low price at 10200 yuan /T. In addition, sales of products are still "75D/36F", "200D/96F" and "DTY200D".
Analysis of the reasons why the cation market continues to be weak: first, the price of cationic polyester chips has been cut down, and the price and quotations of Zhejiang Chemical Union and new chemical fiber CDP (cationic) slicing have been released. This week (March 1st to March 8th) the settlement price is 7900 yuan /T, which is 200 yuan /T lower than that of last week's 8100 yuan T. Next week's offer is 7900 yuan /T, down 200 yuan /T compared with last week's quoted price of 8100 yuan /T. Two, cationic silk manufacturers have been willing to make the price run in order to ensure stable production and marketing. Three, there is still a profit in the conventional weaving and lining production in the lower reaches, and the production of cationic noodles and materials is relatively risky, so the demand for cationic silk has dropped. Under the influence of these factors, cationic silk market will also have a downward trend.
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