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Cotton Prices Skyrocket After Mid Autumn Festival, And Polyester Staple Rises.

2010/9/30 14:44:00 52

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This week after the Mid Autumn Festival,

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The market is soaring like a rocket. In a week, the market quotation has soared by 1400 yuan / ton. The current market price has risen to 3000 yuan compared with the price at the beginning of September, which has risen to over thirty percent. This situation is amazing.

This week, the market of polyester staple fiber has risen linearly. The biggest factor is the soaring price of cotton. The price effect and substitution effect of each other have contributed to this week's market.

In the early days of price rise, downstream yarn enterprises and market traders carried out a certain amount of purchasing, but in the past two days, because of the excessive price increase, the downstream enterprises had also stored the raw materials during the National Day holiday, so the market became wait-and-see.

At present, the international crude oil futures market is not hot. Now New York crude oil.

futures

The price is up and down at $seventy-five, and the price is above $seventy-six.

PX market performance is good, Asian prices after breaking $one thousand, the market is slightly stagnant.

The PTA spot market has seen a wave of rise after the Mid Autumn Festival, but the market is beginning to adjust. The market quotation is 7900 yuan / ton, and the negotiating price of the external market is about 960 dollars / ton.

The MEG market has also seen a cold and cheerless situation. Generally speaking, the main negotiating price of the internal market is 7000-7050 yuan / ton, and the external price is 860 dollars / ton.

Sinopec Group polyester chip October contract pre contract, half light section 10200 yuan / ton, glossy chips and industrial silk chips are 10200 yuan / ton, total extinction level section 11000 yuan / ton.

Polyester chip market prices are still relatively strong, the mainstream market quotation at 10000 yuan / ton level.

Sinopec Group polyester staple September contract settlement price, 1.4D half light 10550 yuan / ton, 1.2D half light 10600 yuan / ton, 1.2D gloss 11350-11400 yuan / ton (delivered).

Its October contract pre quoted price is 1.4D half light 12200 yuan / ton, 1.2D half light 12250 yuan / ton, 1.2D gloss 13000-13050 yuan / ton (delivered).

At present, the domestic mainstream market 1.4D polyester staple fiber delivered to the paction price range of 12300-12700 yuan / ton (cash or acceptance), this offer compared with last week, with a rise of 1300 yuan / ton.

Recently, polyester in East China

Spun

The market continued the pace of last week's rise, but the pace and speed were greatly increased. This week, it is no exaggeration to say that the price of polyester staple fiber has been leaping, and the price has not encountered any resistance at the level of 12000 yuan. There has been a lot of stock purchase in the initial stage of the price rise. Downstream businesses and market traders have made a lot of stock purchase, but with the continuous rise of prices, the purchasing enthusiasm of the downstream market has cooled down, and wait-and-see sentiment has increased.

However, the production and sales rate of polyester staple fiber still maintains a good level, and basically there is no inventory. Enterprises basically produce according to orders.

At present, the mainstream cash of local 1.4D polyester staple is delivered to 12300-12500 yuan / ton, compared with last week, the market quotation increased by 1200 yuan / ton. The market is expected to make some adjustment in the local polyester staple market. The downstream also takes time to digest the cost of the rise. The market change after the National Day is closely related to the trend of the cotton market.

Recently, the market of polyester staple fiber in Southern China is quite good. The market quotation continues to increase substantially. The production and sales situation of the enterprises is very good. At present, the production is in line with the order, and the turnover is increasing again. Last week, the purchasing power of the downstream enterprises increased and the polyester staple fiber was sold at a low price when the price of polyester staple fiber rose sharply.

Local market 1.4D polyester staple mainstream cash to the paction price of 12300-12500 yuan / ton (delivery price), compared to last week, the market quotation rose 1200 yuan / ton, it is expected that the short term local polyester short fiber market will be upward trend.

North China polyester staple fiber market rose significantly, the atmosphere of the paction is very good, the market quotation rises sharply, the center of gravity of the paction is slightly different, the market paction situation has improved greatly, the main stream of the local 1.4D polyester staple fiber delivered to the paction price at 12300-12700 yuan / ton level, compared with last week, the market quotation increased 1200 yuan / ton, while the market price rose, the downstream enterprise enters the market positively to purchase, the market trader adds the warehouse quantity similarly to increase.

The market of the polyester staple fiber in Southwest China is also very good, and the market quotation is also rising sharply. The center of market paction has been followed up synchronously, and the market volume has improved. At present, the mainstream of 1.4D is sent to the paction price at 12400-12800 yuan / ton, the price is up 1200 yuan / ton compared with that of last week, and the polyester fiber staple fiber enterprise basically has no stock. According to the order, in the production, downstream enterprises and market traders have higher purchasing enthusiasm and increased reserves. It is expected that the local polyester staple fiber market will be arranged in high order.

This week, the domestic yarn market was very popular, prices rose sharply and pactions were active. Many varieties were not only soaring in price, but also created a new high price in recent years.

Pure polyester yarn market continues to be strong, supply is relatively tight, the market is still benefiting from the sharp rise in polyester staple prices, while the supply of products is tight, it is expected that its market will remain stable and strong.

The pure cotton yarn market is no longer a problem of warming up, but a jump in the price jump. The rapid rise of the price and the astonishment of the amplitude are really amazing.

Because the cotton market is booming, cotton prices have risen sharply, driving the market price of pure cotton yarn to go up sharply, and the market trend is hard to predict.

The performance of the cotton yarn market is rising. On the one hand, the price of raw viscose staple fiber is still rising. On the other hand, the market price of raw viscose staple fiber has also risen. On the other hand, the market price is also rising, and the market atmosphere is better.

Short term cotton yarn market is expected to remain stable.

In the case of rising prices of all kinds of raw materials market, the market price of blended yarns is difficult to go up.

The market of yarn in Xiaoshao area broke out and the price rose all the way.

The market of pure polyester yarn is tight, and the influence of power restriction policy is relegated to the second place. The sharp rise of PET staple price has become the main factor of the price rise of pure polyester yarn, and is supported by the current situation of stock being negative. It is expected that the market will remain strong after that.

The market of pure cotton yarn is very popular. The market quotation has risen sharply, and its market turnover has increased. The cotton yarn market has been strong and the volume and price have risen.

16S market quotation is 17200 yuan / ton, 21s market quotation is 17300 yuan / ton, 32S reported 18100 yuan / ton, 45s reported 19200 yuan / ton, 50s reported 20000 yuan / ton.

Another mainstream market Shengze market performance is also better, pure cotton yarn Market accelerated, turnover growth.

Similarly, as the price of polyester staple fiber continues to rise, the market price of pure polyester yarn is strong and uplink, and the volume is steady.

People's cotton yarn market still has a good performance, the mixed spinning market also has a good performance.

32S reported 18400 yuan / ton, 45s reported 19300 yuan / ton.

Shandong yarn market also showed that the market continued to rise, the market price of pure polyester yarn rose, volume increased, pure cotton yarn prices rose sharply, volume was improved, the cotton yarn market remained strong, volume and price rose slightly, and blended yarn market was better.

21s reported 17400 yuan / ton, 32S reported 18000 yuan / ton, 45s reported 20000 yuan / ton, 50s reported 20200 yuan / ton.

Southern China yarn market also continued to rise, the volume has been enlarged, pure polyester yarn price is supported by the cost of polyester staple fiber continues to rise, pure cotton yarn prices have risen sharply, the volume is stable.

The cotton yarn market continued to rally, and volume and price rose slightly.

The mainstream price of 32S pure polyester yarn is 18100 yuan / ton.

After a substantial increase in the polyester staple market, some of the high cold feeling, after a heavy volume trading in recent days, the majority of downstream businesses have increased the amount of stocking to the National Day holiday, so the market movement has declined, the turnover atmosphere is slightly less, turnover has also dropped.

At the same time, the market rumors that the state will intervene in the excessive rise of cotton prices, cotton prices may be adjusted, so the polyester staple market wait-and-see mentality has become strong.

However, it is expected that under the current fundamentals, the possibility of a sharp decline in polyester staple is not possible, but the risk of rising is also present, so the trend of polyester staple in the future is still closely related to the cotton market.