In The Off-Season, Textile And Apparel Sales Increased.

At the end of the week, the US released the economic data showing that the US consumer confidence index fell sharply, and the US dollar continued to weaken. However, the US stock market fell sharply, and the bulk commodities declined. The ICE cotton prices were lower, and traders' intraday price pressure caused the cotton price to be cloudy.

According to the data of past years, the price of futures will show a downward trend in the near future due to the pressure of supply to the market for the new cotton market.

The decline of cotton prices on the outside market has affected the price of domestic electronic discs, and the domestic spot cotton has declined. Cotton producers are actively selling, and the enterprises that have hoarding cotton are looser in price.

Real estate cotton because of limited resources, the price is not much, the price remains stable.

Xinjiang cotton quotation has been reduced, but textile companies are waiting to throw the store firmly. The market is in a stalemate.

In addition, in recent two days, Hubei, Hunan, Anhui and other cotton producing areas have more rainfall, which are unfavorable to the flowering of the new cotton.

New cotton grows well in northern China for fine weather.

After entering the July, cotton prices went up in the wake of the arrival of the textile off-season, the pressure of policy regulation and the continuous weakening of the prices of Zheng cotton and electronic matching.

The price of cotton yarn and cotton textile market in Shandong, Jiangsu and Zhejiang, Henan and other places has generally been reduced by 500~1000 yuan / ton. With the textile market entering the traditional off-season, the textile enterprises' concerns about the domestic and foreign sales situation of China's economy, textile and clothing in the second half of 2010 may be aggravated, and the price of cotton yarn will be lowered or deepened.

Domestic cotton spinning market production and marketing situation is not good at the same time, the domestic polyester textile market is also facing the same problem. At present, domestic polyester stocks continue to be high, the market sales rate performance is not satisfactory.

The stock pressure faced by the market is particularly evident in the domestic PTA futures market.

Since May this year, the domestic PTA price has entered an accelerated decline stage.

According to statistics, since the beginning of May this year, domestic polyester prices have dropped 1100 yuan / ton, polyester chip prices fell 1000 yuan / ton, a big decline.

However, the operation rate of polyester production enterprises in China has not reduced production capacity in this regard. Instead, it has maintained a high level of market start-up rate, so that the domestic stock market of polyester and spun industrial chain including raw material PTA, polyester staple fiber and polyester filament factory has increased significantly, and market demand has not been able to keep pace with the market price pressure.

At the same time, when the domestic textile inventory is high and pressure is put on the market, the market anticipation of the national dumping and storage will cause the textile enterprises to reduce the purchase quantity of textile raw materials from the market, and the market demand will decrease.

In the second half of this year, the domestic economy is facing a decline in economic growth, while the US economic data has always been relatively weak, and the European debt crisis has not been fundamentally resolved.

Domestic inflation factors make the situation of the country's regulation and control more complicated, which will lead to a fall in domestic textile prices.