Last week (June 10-14), the cotton market continued to adjust, and the chemical fiber market was weak and weak. Under the influence of the sluggish cotton market and the pessimistic sentiment of the market, the orders and capital pressures of downstream enterprises increased, the price of gauze continued to fall, and the number of enterprises that stopped production increased significantly.

Last week, the spot market of cotton continued to adjust, and spot transactions were relatively deserted. Futures were also partially boosted by the rebound of overall commodities. Some futures bears had the first bag to be safe, and the market is still not optimistic about the recent market outlook.

At present, the basis of some warehouse receipts on the market is around 100-200, which is negotiable. However, the market price of a price resource is slightly firmer, the inventory is not good, and the market turnover is less. The price of Xinjiang hand picking cotton 3128 is 15700 yuan/ton (the gross weight is raised), the inventory is more, the real single negotiable space Larger. It is reported that the 800,000 tons of import quotas announced in the previous period were issued on June 14th. However, when the domestic and foreign price differences are upside down, the quota issuance may have little impact on the domestic market.

Last week, affected by the rebound of crude oil and polyester raw materials, coupled with downstream stage replenishment, the polyester staple fiber market was better in production and sales, and the stable stocks were reduced.