Pu Yuan Yarn Price Stable Trading Volume Is Still Insufficient.
< p > week (8-14 July), as the downstream sweater product market is unsalable, coupled with weather factors, the overall price of Pu hospital yarn market is stable, but the volume of trading is still insufficient.
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< p > judging from the trend of market varieties, the national worsted yarn is in a steady market trend, of which 24 national spinning prices are stable at 49200 yuan / ton.
The sale of all Australian wool yarn has been stable and light this week. The price trend has remained stable, while the wool nitrile bulky yarn shows a little active trend, of which a wool nitrile bulked yarn 28Nm/250:50.
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< p > > a href= "http://? www.91se91.com/news/index_c.asp" > nitrile yarn < /a > the market shows a trend of "shrinkage and price leveling". Among them, the market of the Lun bead yarn is quite dynamic, and the anti pilling super soft mercerized cashmere is on the rise this week, especially in the 2/56NM and 2/48NM market.
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< p > polyester yarn has little market volume this week, but the price of polyester yarn is slightly lower.
The artificial high elastic cotton market has shown a "steady" state this week.
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< p > in addition, a "a href=" http:// "www.91se91.com/news/index_c.asp" > rabbit brocade nitrile no yarn yarn < /a > 32Nm/210:10:10:70, downstream sweater manufacturers are very interested in the production of autumn coat sweater, now the market began selling.
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< p > from < a href= "http:// www.91se91.com/news/index_c.asp" > downstream demand < /a >, it is now in the midsummer weather, and the market volume of wool yarn is at a low level. It is expected that the turnover of wool yarn will also decrease next week, and the price trend may be mainly adjusted.
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< p > related links: < /p >
< p > up to July 11th, cotton throwing and storage totaled 2 million 160 thousand tons, and daily turnover continued to shrink, and turnover remained at a low level of 10%.
The main reason for the low volume of cotton turnover is the "real and future" cotton price gap, which makes the cotton producers look weak.
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< p > tracking industrial and commercial inventory data of China cotton information network, it is known that starting from this year, domestic cotton textile business and business inventories are decreasing month by month, and inventory level is much lower than the same period in previous years.
For example, in May, domestic cotton textile business and business inventories totaled about 1 million 190 thousand tons, significantly lower than the inventory level in the past six years.
At present, domestic cotton consumption is estimated at 500 thousand to 600 thousand tons, and there is no shortage of cotton supply before the new cotton market comes into large numbers.
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< p > overall, because of the withdrawal of China's purchasing and storage policy this year, the global cotton competition for sale in China's cotton consumption market, cotton fell sharply, but the recent basic situation or the cotton price has stopped.
The United States as the largest cotton exporter, the price goes down first, and bad profits are released in large quantities.
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< p > ZHENG cotton fell to 14000 yuan / ton integer mark, considering the difference between inside and outside cotton price reduction and short term cotton supply shortage in the coming month.
Therefore, recent fundamentals do not support excessive overlooking of Zheng cotton.
At the same time, because the direct subsidy policy has not yet been clear, excessive cotton making is facing great policy risks. Therefore, we should hold a rational attitude towards the decline of Zheng cotton.
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- Related reading
US Cotton Is Still Falling, And Zheng Cotton Should Not Lightly Talk About The Bottom.
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