Cotton yarn continues to cool down, the price has fallen slightly, the demand is sluggish, and manufacturers are pessimistic about the future market. According to the price monitoring of business society, as of September 17, the average ex factory price of human cotton yarn (30s, ring spinning) in Shandong is 17400 yuan / ton, down 450 yuan / ton compared with last week. Human cotton yarn continues to be weak, and the downstream demand has not improved significantly. Due to the further loosening of viscose price, the possibility of further price reduction of man-made cotton yarn cannot be ruled out.
Affected by the continuous decline in the price of viscose staple fiber, the market sentiment fell again, and the industry was pessimistic about the future market. In the case of no significant improvement on the demand side, it is expected that the future market will continue to be weak, and the possibility of continued price decline cannot be ruled out.