Before the National Day, the United States again announced the postponement of sanctions on Xinjiang cotton, the market before the nervous mood has eased.

It is expected that with the gradual order, cotton yarn prices are expected to continue to warm, but the United States sanctions on Xinjiang cotton is still hanging on the head of the enterprise is a "sword", still need to pay close attention to the situation.

First, domestic spot prices up futures prices fell slightly

Second, international yarn prices rise

Chemical fiber prices are mixed

Fourth, future market outlook

1. In September, China's PMI stood at the expansion and contraction line for seven consecutive months, at 51.5%

2. The prosperity of industrial enterprises gradually improves, and domestic demand and export continue to pick up

3. The United States has again announced the postponement of sanctions against Xinjiang cotton

In August, the industrial added value of the national textile industry increased by 3.3% year on year, and the textile and garment industry decreased by 8.5%

For more details, click on China Textile Market Weekly (September 28 - October 9, 2020).