On January 20, the Asian PX market fell by 7 US dollars, FOB Korea closed at 1309.5-1310.5 US dollars, and CFR China closed at 1333.5-1334.5 US dollars. The low price of Fujian staple fiber stimulated market inquiries and stimulated the enthusiasm for downstream inquiry of pure polyester yarn, but Most of them focus on lowering prices; pure polyester yarn enterprises in Fujian are supported by foreign orders, yarn enterprises in Jiangsu and Zhejiang have adjusted and started construction, and half of the yarn enterprises are on holiday, and there is no large inventory pressure in the market. The goods are not smooth, and the transaction is concentrated in the low-end supply. It is expected that the pure polyester yarn market may fluctuate weakly today.
Sticky short: The number of short-distance transport vehicles of the manufacturer is gradually reduced, and the pre-holiday operation is gradually concluded. With the holiday of yarn companies, the sticky short market also highlights the holiday atmosphere. The market is expected to remain flat today. Under the background of no clear news guidance in the market, the mainstream polyester staple fiber manufacturers mostly follow the fundamental ideas. Now the number of yarn factories in the north and the two lakes and other regions has increased, and the long-distance supply of goods is mostly sent by local traders and factory warehouses. Lord, the scene of competing price drops in Fujian yesterday also shows that staple fiber manufacturers are not optimistic about the market outlook.
With the Spring Festival approaching, logistics and transportation have gradually stagnated, and the rayon yarn market has maintained a small amount of just-needed transactions, with very few transactions. At present, most of the spinning mills focus on the collection of payment, and they no longer have too much expectations for the volume, and gradually enter the finishing stage before the holiday. It is expected that the rayon yarn market will maintain a small number of transactions in the surrounding areas today, and the transaction volume will continue to decline.