China Textile Materials Holdings announced that on January 5, 2026, its wholly-owned subsidiary, Jiangxi Jinyuan, plans to sell the main assets of its staple fiber manufacturing division for 45.0272 million yuan. The proceeds will be allocated to support the yarn manufacturing business.
PriceSeek Analysis:
**Polyester Staple Fiber**
Bull-Bear Score: 1.5
The company’s sale of assets in the staple fiber manufacturing division may reduce the supply of polyester staple fiber, which is favorable for spot price increases. Combined with futures data, the main contract for polyester staple fiber (e.g., 2605) has recently risen (settlement price: 6,566 yuan/ton, up 8.00), indicating tight market supply and demand. This event may further drive up futures prices and strengthen the bullish trend.
**Polyester Yarn**
Bull-Bear Score: -1
The company plans to use the proceeds from the asset sale to support the yarn manufacturing business, which may increase the supply of polyester yarn and negatively impact spot prices. However, as there is no direct futures data for polyester yarn, the impact is limited to the spot market. Supply pressure may lead to downward price pressure.
**Cotton Yarn**
Bull-Bear Score: -1
The allocation of funds to the yarn manufacturing business may increase the supply of cotton yarn, negatively impacting spot prices. Combined with futures data, the main contract for cotton yarn (e.g., 2603) has recently risen (settlement price: 20,985 yuan/ton, up 265.00). However, the additional supply resulting from this event may partially offset the upward momentum, creating downward pressure on futures prices.