State Reserve Xinjiang Cotton All Traded Cotton Spot Market Prices Rose Steadily.
Cotton rose sharply, the turnover rate rose to more than 80%, this week cotton fell, downstream into the off-season, weakening demand, turnover rate dropped to about 60%.
After a brief rise last week, the state owned real estate cotton business quickly fell to the ground and became a stumbling block for the rising turnover rate of cotton reserves.
It further shows that the spinnability of reserve real estate cotton is yet to be tested, and the market is not well motivated, and it is difficult to improve.
By the market entered the off-season, orders reduced, inventory rose, some enterprises cut prices to maintain sales volume, cotton yarn prices continued to decline.
The market high grade cotton gap appears, and the 16 year Xinjiang cotton is difficult to meet the current market demand. The State Reserve Xinjiang cotton has all been traded, resulting in the cotton spot market price rising steadily.
downstream
Textile market
In the off-season, demand has been weakened, and the yarn price and stock price have both dropped. The price of domestic cotton yarn has been lower and the pace of cotton rising has been impeded.
To sum up, the effective supply of cotton market is slightly insufficient, and the cotton market is expected to surge.
The price of this pure cotton yarn has been raised, but the stock of enterprises is still quite large.
The supply of imported yarn is large, and the overall supply exceeds demand.
Pure polyester yarn trading atmosphere improved, T45S, 50S demand slightly enlarged, less trading volume of other specifications.
The sales of R10S and 30S are still good, and the price of the viscose staple fiber is also affected by the weakness of viscose staple.
T65/C3545S pactions are acceptable and prices remain stable.
Polyester viscose yarn is weak, and the price of individual specifications is down.
At present, there is a slight increase in the stock of the mills, and the maintenance is still high.
Recently, long staple cotton yarn is relatively stable, Jiangsu and Zhejiang JC80S100%
Long-staple cotton
The delivery price is 63500 yuan / ton, the actual negotiation has 100-200 yuan / ton concession space, many old customers order delivery.
It is reported that with the decline in the price of cotton and cotton, the price of Vietnamese cotton yarn forward shipments has basically returned, and the C32S shipping price has been sold to $2.93 per kilogram per kilogram and the customs clearance price is 24000 yuan / ton.
Shengze
The trend of individual pure polyester yarn moves upward, of which the 32S quotation is stable 11600 yuan / ton, 45S quoted price rises 100 yuan in 12600 yuan / ton, the deal is acceptable.
Shandong Changyi pure polyester yarn stabilized, the original white quality excellent 32S offer 12500-15400 yuan / ton short delivery, pure black 32S quote 12500 yuan / ton short delivery, the paction is plain.
Pure cotton cloth has been adjusted, the price has basically remained stable, and then the goods are relatively general. Some of the specifications have a slight pressure on the grey fabric inventory. The final delivery is not as smooth as the cotton yarn, and the overall industrial chain inventory is pferred to the downstream. Weaving factories are mostly single production, and the purchase of cotton yarns is also gradually in the short-term order.
A factory in Hebei C 21x21 108x58 63 "yarn card price 8.30 yuan / m, a factory in Shandong C 40x40 133x72 63" plain cloth width quoted 7.30 yuan / meter, Tengzhou factory C 60x60 90x88 64 "Bali yarn quote 5.30 yuan / meter, are basically flat."
India domestic cotton yarn prices remain unchanged, cotton yarn export prices continue to fall, cotton prices fluctuate little.
Although the price of cotton in the international market fluctuated greatly last week, cotton prices in India were only slightly down, but still at a high level, and the price of cotton exports in India decreased slightly with the continuous reduction of the price of polyester staple fibers.
Affected by the rotation of China's cotton reserves, the demand for India cotton in China is in the doldrums.
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