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The terylene spread - China, India, Pakistan cotton yarn or strong break - in China Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-13
Since the beginning of 2018, Pakistan cotton prices soared, India is in sharp rise, China held steady basic. At the same time China polyester staple fiber prices rebounded, Pakistan have risen sharply, India rose slightly. At present the three countries cotton polyester spreads already quietly through changes. In January the first two weeks, in local currency terms, India cotton prices rose 3. Rose 9%, Pakistan. 5%; In the rupee dollar terms, India, Pakistan, cotton prices rose 5 respectively. 2% and 10. 1%. China cotton prices held steady. In January, China dacron price begins to rise, the benchmark index rose 2%. Pakistan by cotton polyester prices rising support 9. 7%. Compared to the same period last year, in local currency terms, polyester prices rose 19% in Pakistan, China rose by 9%, India fell 3%; In dollar terms, Chinese polyester prices rose 15%, rose 11% in Pakistan, India's is up 3%. In the past few months, because of polyester staple fiber prices continue to rise, Chinese cotton polyester spreads narrowed, affected by cotton prices continue to rise sharply, India, Pakistan, cotton polyester spreads start slightly, the price interval increase or will stimulate the spinning mill used for polyester staple fiber, india-pakistan pure cotton yarn competitiveness will be weakened. Comprehensive above, it is not hard to see 2018 years GuoMian polyester narrowing or cotton consumption will stimulate, India, Pakistan, cotton, polyester staple fiber and other raw material prices continue to rise will weaken the yarn export competitiveness, Chinese cotton market outlook rebounded in 2018 to play a positive role.
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