Domestic And Foreign Cotton Prices Gradually Widened Cotton Yarn Continues To Weaken

The decline in the price of the current auction is mainly due to the continued decline in cotton prices, and the difference between domestic and foreign cotton prices is gradually widening. The auction price reduction is also expected to cause the average price of cotton in the cotton reserves to fall, but Xinjiang cotton has a smaller listing price because of its less listed volume.

The price of cotton is different from the inside and outside. Cotton will enter the domestic market indirectly through imported cotton yarn. Long term maintenance will have a greater impact on domestic cotton consumption and price. In the long run, the difference between domestic cotton and international cotton will be narrowed gradually.

Today, the total output of cotton reserves is 30 thousand and 200 tons, of which 10 thousand and 100 tons are listed on Xinjiang cotton. Due to the sharp reduction in the reserve price of cotton reserve auction this week, the turnover rate of cotton reserves is expected to rise. This morning, the turnover rate of cotton reserves reached 80%.

This week, the listing of Xinjiang cotton is still small. Judging from the current situation of Xinjiang cotton listing, the market is still worried about whether Xinjiang cotton can keep enough supply in reserve cotton.

Overall, the cotton market can still choose more resources, warehouse receipts are still at a higher level, and downstream consumption into the off-season, zhengmian fundamentals are still weak, but in the far month contract high building warehouse empty list.

In addition, the price of foreign exchange has fallen sharply in the near future, and the contract is relatively strong in recent months. It is expected that Zheng cotton will follow its pace to maintain its near strong and weak trend.

This week, due to the downward trend of price, the volume of real estate cotton rebounded slightly, and the turnover rate of Xinjiang cotton was still 100%.

During the week, Xinjiang, Akesu, Kashi, Korla and other places dominated by high temperature and less rain, but did not affect the growth of cotton.

All cotton fields entered the buds stage, and most of them were blooming. The cotton growers increased their yield to 400 kg / mu and above.

Affected by the expected increase in production, cotton prices in Xinjiang declined during the week.

Most of the spot products are mainly low-quality cotton, and the number of cotton picking personnel from the mainland has been reduced.

During the week, the the Yellow River River Basin was rainy and the cotton drought was relieved. Wet cotton stains in some areas did not affect the growth of cotton.

In terms of other raw materials, polyester staple fiber market is stable and strong in the week.

Cotton yarn, week cotton yarn overall market is weak, local prices fell slightly.

In the near future, there are not many orders for the combed yarn, and the inventory of enterprises is rising, and the downstream credit is more serious.

According to the introduction, although there are many small cotton mill orders in Ji Lu and Jiangsu and Zhejiang provinces, enterprises run at full capacity, but because of cost upside down, individual enterprises are also struggling.

Zhou's pure polyester yarn market is stable, trading is light.

Recently, the downstream textile enterprises are not actively taking delivery, and manufacturers' inventory is increasing.

Polyester cotton yarn is generally weak. At present, the price of JL T65/C3521S and 32S is 14400 yuan / ton, 15400 yuan / ton, which is 100 yuan / ton less than the previous week.

According to traders feedback, port import yarn inventory dropped to 50 thousand tons line, because domestic yarn prices continue to fall, drag on imported yarn prices are difficult to strengthen, traders to inventory pressure.

It is estimated that the price of imported yarn will continue to weaken in the near future.

The overall demand has not improved. The demand for low cost carding yarn is slightly higher than that of the previous stage.

Pure polyester yarn trading atmosphere is generally stable, T45S trading volume is acceptable, T50S goods are not smooth.

Polyester cotton yarn volume generally, prices remain stable.

Polyester and viscose yarn 32S/2 pactions increased slightly, the price is basically stable.

Present cotton mill

Has been in the process of gradual increase, mostly in about 20-25 days, started to maintain high, late new orders follow up efforts are not good, manufacturers lack confidence in the market outlook.

Pure cotton yarn vulnerable adjustment, the overall goods are relatively weak, prices fell, a factory in Shandong OEC12S offer 15000 yuan / ton cash, factory stock slightly increased.

Sheng Zechun polyester yarn price dropped slightly, 32S lowered 50 yuan / ton quote 11550 yuan / ton, 45S quoted price 12500 yuan / ton, the volume is very few.

Shandong Changyi pure polyester yarn continues to cross the plate, the original white quality excellent 32S quotation 12500-15400 yuan / ton short delivery, pure black 32S quoted price 12500 yuan / ton short delivery, the paction is still dull.

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