The Price Of Imported Yarn Is Stable And Strong. Partial Turnover --SICE Daily Market Report (6.10)
domestic
1.3128B cotton 12103 increased 2; 1.5D viscose staple fiber 8800 flat; 1.4D polyester staple fiber 5900 flat; pure cotton yarn C32S 18735 increased 5; cotton yarn 12400 R30S flat; pure polyester T32S 10050 increased 50.
2., the trend of Zheng cotton futures has been rising all the way. More of them are recommended to cotton enterprises by selling at a single price. Mainly in Xinjiang, the 3128 and 3129 machines are mainly cotton picking, and the mainland stock price is about 12000-12300 yuan / ton, and the space for negotiation is limited. Judging from the current transaction situation, only a small number of enterprises in urgent need of replenishment are purchased, and others are basically "hoping and sighing".
3. the viscose staple fiber market is calm, the chemical fiber factory is signing the bill at low price, the trading atmosphere is light, and the downstream users maintain the wait and see state. At present, the price of mid end viscose staple fiber is 8800-8900 yuan / ton, and the price of high-end viscose staple fiber is 9200-9300 yuan / ton.
4. Zheng cotton main 2009 contract volume can be reduced, the period price closes the cross star, closing 12020, compared with the previous trading day -0.12%; the highest report 12085, lowest report 11990; turnover 319459, position 398961, -6541; CF9-1 month price difference 520, -15. CY2009 closed 19525, compared with the previous trading day -0.23%; the highest reported 19605, the lowest reported 19495; turnover 6912, positions 8999, -254.
5. today, PTA futures continue to be weak, and Zhejiang market polyester factory quotes are mostly stable. Downstream textile enterprises cautious wait-and-see mentality is more obvious, to maintain just need to replenish the majority, the market atmosphere is relatively dull. It is expected that the centre of gravity of polyester filament will be maintained in the short term. At present, the mainstream of POY 100D/36F quotation is between 5850-5950 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6700-6800 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8500-8700 yuan / ton.
6. China Textile City passenger reduction and reduction, the total turnover of 6 million 970 thousand meters, of which 4 million 670 thousand tons of filament cloth, 2 million 300 thousand mm of short fiber cloth, of which 430 thousand cotton cloth, TC cloth 360 thousand, TR cloth 270 thousand meters, R cotton 670 thousand, other 570 thousand meters.
international
1.6 ICE 9 cotton market continued to decline. The main contract price in December was 60.02 cents, down 35 points; in July, the settlement price was 60.52 cents, or 29 points; in March, the settlement price of the contract was 60.70 cents, down 24 points. Other contracts fell by 8-42 points.
2. cotton spot quotes in India rose sharply on Tuesday. The price of S-6 kinning plant is 33650 rupees / candi, 56.75 cents / pound. The price of J-34 in Punjab is 3690 rupees / mod, 59.30 cents / pound. On the same day, the amount of seed cotton listed was 10 thousand and 700 tons of lint, including 5440 tons of Ma bang, 2720 tons of Gujarat Bong and 680 tons of trongan.
3. South Africa released the Fifth cotton production forecast for 2019/20, with a total output estimated at 26 thousand and 500 tons, down 3% from the previous forecast, which is 10% lower than the first forecast. But the South African cotton association is optimistic that cotton production may exceed 30 thousand tons in the end. South Africa has 28 thousand and 300 hectares of cotton planting area this year, including 12 thousand and 300 hectares of irrigated area and 15 thousand and 900 hectares of dry land.
4. Australia exported 8649 tons of cotton in April, a decrease of 19% from last month, a decrease of 59% over the same period last year. The main export destinations are China (5270 tons), Indonesia (2248 tons) and Vietnam (564 tons). The total volume of cotton exports this year was only 247 thousand and 900 tons, down 59% from the same period last year. China accounted for 63%.
5. the market price of imported cotton yarn is stable today, and the turnover is still general and the market is stable. The market is decreasing at a low price and there is a slight upward trend in the price center. Traders' sentiment and confidence were relatively good, mainly due to the drop in the cost of coming to port, and traders' profit level was good. Demand side, cloth factory boot still maintained low, orders heard increased, mostly low price orders. At present, imported cotton yarn has a certain advantage over the price of domestic yarn, and the volume of imports is expected to return to a good level.
6. the market price of imported yarn today is stable and strong, with partial turnover. Shipments of downstream cotton weaving factories in China are slowing down. In recent years, both factories and small and medium-sized factories reflect the downstream demand generally or even lighter.
The price of India's external market is stable, the price of combed yarn is strong, and the price of air spinning is weak. Local factory feedback has more new orders for European combed yarn. Local traders JC32S US dollars at around us $2.45 / kg, RMB 20 thousand and 700 yuan / ton after tax.
The price of Vietnam's external market is stable, and the price of local spinning is up. The price of partial OEC21S is 1.65-1.67 USD / kg, RMB after tax is about 1.36-1.37 yuan / ton.
The price of Pakistan's external market is stable, and the cotton mill starts to drop slightly. The first round of competition for C10S is $350 / piece, RMB 15 thousand and 800 yuan / ton after tax, and the turnover is light.
7. the quotation of cotton to port increased slightly today. The shipment period of India cotton Shankar-6 1-5/32 was quoted at 7/9 cents for 66.25 cents / pound, up 0.25 cents, 13541 yuan up 17 yuan under the discount tax, 1% yuan under the quota tariff, 11609 yuan per ton, or 43 yuan. US cotton EMOT SM shipment period 7/9 month quoted 70.75 points / pound 0.25 cents, the discount slip quasi tax offer 13977 yuan / ton up 25 yuan; 1% quota tariff port self reported 12384 yuan / ton up 43 yuan. Brazil SM shipment period 7/9 month quoted 70.25 cents / pound 0.25 cents, the discount slip quasi tax offer 13927 yuan / ton up 25 yuan; 1% quota tariff port price increase 12298 yuan / ton up 43 yuan.
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