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    Market Performance Is Not As Good As Expected.

    2013/5/2 9:21:00 25

    Textile IndustryTextile MarketTextile Raw MaterialTextile Enterprise

    < p > [macroscopical summary] < /p >


    U.S. P data slightly improved, although the month of March durable goods orders for -5.7%, the largest monthly decline in seven months, indicating that factory activity slowed down, but last week, the number of jobless relief dropped to 339 thousand, better than expected, the European economic recovery road twists and turns, the April business climate index fell to 104.4,3 month, 106.7, which is second consecutive months of decline, increased the possibility of the European Central Bank to cut interest rates; Asia's economic situation is not good, HSBC China manufacturing PMI initial value 50.5 than expected in April, new export orders shrink, China's first quarter balance of payments account surplus of 55 billion 200 million U.S. dollars, the first quarter capital and financial account surplus 101 billion 800 million U.S. dollars.

    < /p >


    < p > raw material Market Review < /p >


    < p > ICE5 contract entered the first delivery day, while the Intercontinental Exchange < a href= "http://www.91se91.com/news/" > cotton > /a > huge inventory pressure on the market. Investors kept on clearing the warehouse. The US cotton fell below the previous 84 cents / pound support position, and dropped to a new low in 2 months.

    Tuesday's main contract opened in July, down 2.15 cents, to 82.95 cents / pound, the largest single day decline in 9 months, while the US cotton continued to decline.

    Affected by the decline of cotton, the 1309 main contract of the Zheng cotton main contract was opened in the air, and the concussion went up, and the cross star was cut. The 1852 hand to 146916 hand was reduced all day, and it fell 60 yuan to 19830 yuan / ton.

    1401 the fluctuation rate of the contract was slightly slower, and the small line was closed. The 2016 to 38304 hand in the small position increased from 65 yuan to 19830 yuan / ton throughout the day.

    < /p >


    < p > > a href= "http://www.91se91.com/news/index_c.asp" > ZHENG Mian < /a > all day turnover increased slightly to 75762 hands, adding 142 to 195130 hands.

    The government has increased the intensity of throwing and storing, and has taken some of the new cotton and imported cotton to suppress the market mentality. With the recent increase in forecast warehouse receipts, the tension of the warehouse receipts has eased slightly, but the new year's purchase and storage of cotton prices have led to a drop in the space of Zheng cotton, with the first target of 19700 yuan / ton.

    Due to low efficiency, domestic cotton (19910105.00,0.53%) planting area is expected to decrease in 13 years.

    Cotton quotas will be issued, and some manufacturers begin to sell quotas. Quota prices have dropped slightly, and the talks have reached below 3250 yuan / tonne.

    Foreign cotton prices continued to decline, the government increased the intensity of throwing and storing, and imported cotton and national cotton stores flooded the domestic spot market, but demand for textile enterprises was slightly weaker. Today, lint cash fell slightly to 19369 (-1) yuan / ton.

    < /p >


    < p > < a href= "http://www.91se91.com" > National storage cotton < /a > the proportion of the paction reduced and the average price increased. In April 25th, the amount of cotton put in was 94911.29 tons, the actual turnover was 15520.56 tons, the turnover ratio was 16.35%, the weighted paction price was 18945 yuan / ton, the 328 class paction price was 19173 yuan / ton (public weight), the cumulative total turnover was 1 million 265 thousand and 200 tons, and the turnover proportion was 26.91%.

    Chemical fiber, afternoon PTA (7764, -20.00, -0.26%) futures and spot market rebound, polyester and short market prices overall stability, most manufacturers are still mainly shipping, only a few price increases tentatively, Jiangsu and Zhejiang 1.4D polyester short offer mainstream newspaper 10100-10200 (0) yuan / ton cash, Fujian 1.4D quotation slightly increased to 10150-10250 (+50) yuan / ton, negotiation with concessions.

    < /p >


    < p > today, the short selling and trading atmosphere is improving. The mainstream selling is hiding in 150%-250%, and a few higher production and sales are more than 300%. On the whole, the macro economy is on the empty side and the downstream market mentality is cautious and wait-and-see is the main one. However, the short selling market just needs to replenish the goods, which still makes the market turnover atmosphere rebound. This week, the market will be short or will stop; the viscose staple market will have a lower purchase intention, and some will just need more small single replenishment or seek low trade, and wait for the situation to be clearer.

    < /p >


    < p > the mainstream shipments in the middle end maintained a high shipment intention of 13800 (0) yuan / ton, and traders or low-end manufacturers also had a lower turnover rate of 13400-13500 yuan / ton. The high-end fine denier negotiation center maintained at 13800-14000 yuan / ton, and the lower traders shipped 13600 yuan / ton.

    On the whole, the market performance is not as good as expected, the cotton wool gauze post orders are indeed, and the market lacks confidence in the future generations. It is generally empty, so that the < a href= "http://www.91se91.com" > viscose staple fiber < /a > pressure, but the continuous loss of viscose manufacturers and low inventory make the price of sticky gum decline.

    < /p >

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