Ji Lu Yu Yarn Quotes (3.19): Yarn Prices All Fall

< p > > a href= "http://www.91se91.com/news/index_c.asp" > cotton yarn < /a > aspects: the spot price of cotton has been continuously downward in recent years, reducing the raw material cost of pure cotton yarn, and supporting the lack of terminal market demand. Therefore, the recent phenomenon of pure cotton yarn price reduction is more common.

At present, the mainstream trading price of C32S is 25000-25500 yuan / ton, and the higher price is 25500-26500 yuan / ton.

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< p > polyester cotton yarn: the price of polyester staple fiber and cotton has declined recently, reducing the cost of polyester cotton yarn raw materials, resulting in the sale of sluggish polyester cotton yarn prices to win market competition.

At present, the mainstream price of Dahua T63/C35 32S polyester cotton yarn has dropped to close to 19000 yuan / ton, and the higher price is 19500 yuan / ton.

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< p > human cotton yarn: Recently, < a href= "http://www.91se91.com/news/index_c.asp" > viscose staple fiber < /a > prices continue downward adjustment, < a href= "http://www.91se91.com/news/index_c.asp" > human cotton yarn Market < /a > turnover atmosphere is light, the price has to be reduced, in order to ship quickly.

At present, the mainstream price of R30S cotton yarn is 17000-17500 yuan / ton, falling to 16500-17000 yuan / ton at a lower price.

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< p > up to March 5th, cotton futures CF1405 contract held 73128 positions, folded 183 thousand tons, while the exchange warehouse receipt was 7 thousand and 720 tons, the difference was quite different.

So, is there any cotton in the market that can be registered when the price rises to a certain extent? According to the data of the cotton fiber inspection bureau, as of March 4th, 7 million 136 thousand tons of cotton for public inspection in the country will be delivered to 6 million tons, that is to say, there are 1 million 136 thousand tons of cotton circulating in the market, but since September 2013 the new flower has been listed.

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< p > even if the downstream consumption of cotton is weak, the consumption of cotton in the market will be about 3 million 920 thousand tons (according to the prediction data of USDA), in which the dumping reserve market will supply 604 thousand tons and import cotton 1 million 269 thousand tons, and the estimated "cotton + enterprise inventory consumption" of this year is 2 million 47 thousand tons.

In this way, the cotton that has not been stored is basically consumed by the market.

That is, the CF1405 contract of cotton futures does exist in the late stage.

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< p > up to February 28th, the price of zhengmian January contract and May contract was as high as 2460 yuan / ton, which declined compared with the previous period, but still far higher than the historical level in previous years.

According to the price difference chart, the price gap between the two parties is too large and there is a demand for return in the later stage. Therefore, the arbitrage operation between the January and May contracts can be paid attention later.

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< p > above, the support for cotton prices will be weakened as the pace of purchasing and storing is slowed down and the deadline is approaching.

But because of the shortage of warehouse receipts, the main 1405 contract's rising market is difficult to achieve at present.

At the same time, in order to prevent the risk of warehouse receipts, in 2013, Zhengshang took some restrictive measures such as raising margin and so on. It is estimated that this year's supervision on this issue will not be relaxed.

Therefore, it is recommended that the 1405 contract be held cautiously at 20000 yuan / ton.

For the 2014/2015 contract, Xinjiang cotton direct subsidy pilot scheme has a negative impact on cotton prices, and the period price is significantly higher than the current main contract.

In the later period, we must pay close attention to the benchmark price of direct subsidies.

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