The Market Price Of Cotton Rose All The Way &Nbsp, And Promoted The Strength Of Chemical Fiber Plate.

24, the chemical fiber sector rose strongly, the whole. Gain Reached 1.61%, of which Nanjing chemical fiber (600889, stock bar) limit. Textile analyst He Yuexiang told reporters that chemical fiber stocks are strong because of collective strength. cotton The high price of crude oil and PTA has been transmitted, and Japan's earthquake productivity has not yet fully recovered, and the growth of the quarterly forecast of chemical fiber companies has a number of factors.

It is understood that in the past six months, the cotton production in India has been greatly reduced. Price All the way up, it is still high. Domestic cotton prices rose from 20000 yuan per ton in September 2010 to 33000 yuan / ton before and after the Spring Festival in 2011. Since March, China's cotton price index, representing the spot price of cotton in China, has been maintained at over 30000.

He Yuexiang believes that under the transmission of high cotton prices and high oil prices, cotton substitutes are all kinds. synthetic hair products Prices are rising steadily. Since the fourth quarter of 2010, polyester, nylon and viscose have risen sharply and are still at a high level.

Huang Junfei, a futures research manager, told reporters that when the cotton price reached 30 thousand yuan, the replacement amount of chemical fiber would increase significantly. Although everyone is expanding production capacity, but the new capacity has not yet begun to supply the market, so the entire market is still in short supply, the profits of chemical fiber enterprises are very high.

He Yuexiang believes that although the boom of the chemical fiber industry is still continuing, the chemical fiber industry is a typical one. Periodicity In the industry, there is a clear divergence between the industry and how long it can last.

For the late cotton price trend, Huang Junfei believes that the current cotton market differentiation is obvious, and many factors are fierce. Cotton prices will remain at a high level before September. High demand for cotton will drive up the price of cotton in the whole market. It may rise to 35 thousand yuan, while for low grade cotton, more than 30 thousand yuan is a high level.

Zhang Xiangjun, a senior analyst at the mid term futures in Beijing, predicts that from the global perspective, there is a great possibility for cotton to expand in the future. Cotton prices are unlikely to continue to rise after finishing historic highs unless crude oil prices are higher or new global liquidity is serious.