Island Silk Prices Continue To Fall

In recent week (November 29th to December 5th), Shengze Island silk market sales overall stable trend, but the price trend continued to fall.

Market prices show that last week, the market price of island composite DTY silk 225D was around 19500 yuan / ton, and the market price of DTY105D/36F * 37 island composite wire was 22000 yuan / ton, which was lower than that of the previous weekend.

From the product sales situation, last week, the 225D island composite wire sales in Shengze market were good. According to the understanding, the product is mainly used to produce weft suede, and DTY silk 160D and 180D island composite wire sales are also available. Most of them are used for producing double weft suede fabrics. The price of island FDY silk 50D, 75D is 22000 yuan /T, 19500 yuan /T respectively, at present warp knitting Shanghai island FDY silk 75D need enlarge.

After market forecast, (1) in the past week, the price of polyester chip in the upstream has been shifted downward, and the price of water-soluble slicing is also listed here. (2) although the downstream suede fabric is still moving, the weaving factories are cautious, and the procurement of raw materials is more cautious.

　 So I think the recent Island silk market will maintain a smooth, but in the actual transaction will be a different degree of preferential delivery measures.