Domestic stable economy and stable expected policies have been introduced, more positive changes have occurred in macroeconomic operation, domestic market demand has steadily recovered, but the global inflation is still at a high level, the overall recovery of textile and apparel consumption is weak, and the "gold nine silver ten" season market has not improved significantly. In order to track the operation of cotton textile enterprises in a timely manner and understand the changes in the cotton textile market, recently, the China Cotton Textile Industry Association conducted a large survey of the major cotton textile related markets in the country for the 70th time, and the following is the situation reflected by the local market, cotton textile and related enterprises:

Raw material market

Xinjiang cotton: Recently, the domestic cotton spot market is weak, and the Xinjiang "double 28" machine cotton pickup price is about 18,100 yuan/ton, which is lower than before the festival. The transaction rate of reserve cotton remained above 50%, and the average transaction price fell. After the festival, Xinjiang enterprises began to scale test rolling, the purchase price has not yet been set, and the acquisition market is slightly cautious. Recently, the downstream market has not improved significantly, the domestic cotton supply is relatively sufficient, and the latter needs to focus on the acquisition of new cotton.

Jiangxi viscose: The recent viscose staple fiber market is stable, although the cotton price has fallen significantly, the impact on the price of viscose staple fiber is limited. Supported by the cost of raw materials, the transaction price of viscose staple fiber is mostly concentrated in about 13,500 yuan/ton. "Gold nine silver ten" more than half, the downstream viscose yarn market is weaker than expected, the market procurement enthusiasm is limited, is expected to be stable in the near future.

Jiangsu polyester staple fiber: Affected by the decline in crude oil prices, polyester costs have fallen, and the current price of polyester staple fiber is near 7500 yuan/ton, and the production line load of the enterprise is about 70%. Staple fiber processing continues to lose money, products are not profitable, and sales are slow. The downstream opening probability is insufficient, textile enterprises continue to wait and see, just need to purchase.

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