Last week (November 2019 8-14), cotton price adjustment, gauze market general performance, polyester maintain stable viscose continued weak.

Cotton: Cotton spot market showed a weak trend of adjustment, downstream demand weakened and grey cloth inventory gradually increased, cotton business inventories also appeared in the pattern of ring to increase, the market pessimistic mentality is obvious. Henan storehouse 2019 Xinjiang machine picked cotton 3128B level quoted price in 13450 yuan / ton (public fixed, self mention), merchant shipping is positive, single negotiable; Bachu area 2019 3128B class Xinjiang hand pick cotton price quoted at 13400 yuan / ton (gross weight, self mention), the stock is more, the shipment is positive. The price of new cotton in Sichuan is about 13800 yuan / ton.

Polyester short: polyester raw material PTA/MEG slightly down, but downstream demand is relatively poor, polyester and short market to maintain a weak pattern. This week, Sinopec's Sinopec short and current price is currently 7250 yuan / ton, and the price of chemical fiber polyester in Sichuan is currently around 5800-6000 yuan / ton.

Textile enterprises: cotton prices have been rising since the rise in November, but downstream procurement is still insufficient, and the textile enterprises are cautiously buying. Recently, the price of textile market has been seen, and the pressure of textile enterprises has been fully displayed at the end of the year. According to the analysis of textile enterprises, there is still demand for goods at the end of the year. In December, it should be mainly based on receivables.