Raw Materials: Cotton Seed Purchase Progress Slowly, Price Center Downward

As of October 9th,

About 70% of the 400 enterprises have begun to scale up, but the acquisition process is very slow.

The head of a factory in Xiajin, Shandong, said that since the scale began in September 25th, only 17000 catties of seed cotton have been purchased and have not been processed yet.

Similar to the factory's situation, the surrounding manufacturers are also "listening to yell, not seeing."

"

The reason is that the game between cotton ginning mills and cotton growers is not clear.

On the other hand, the cotton mill did not dare to buy it. On the other hand, it was a cotton grower unwilling to sell. There was a "gap" between the two psychological prices.

The official said,

Individual factories opened their scales in mid September, and opened up the purchase. The result was very miserable. So before the cotton prices hit bottom, everyone's attitude was "look at more and do less."

Up to 9, the purchase price of seed cotton in the Yellow River river valley was 3.2-3.4 yuan / Jin, and a super low price of 3 yuan / kg was reported in some areas.

It is understood that the current price of lint 3128B in the the Yellow River River Basin and the Yangtze River Valley is 14500-15500 yuan / ton, down 500-600 yuan / ton compared with the latter half of September. The price of Xinjiang cotton grade 3128B pre-sale in Xinjiang Akesu area is 14000 yuan / ton, which is 1000 yuan / ton lower than that in late September.

The market is expected to price from mid October to early November, and the price of new cotton will still be reduced by 400-500 yuan / ton.

Related links:

During the National Day holiday, the price of raw materials PTA and EG fell rapidly. The spot market mainstream quotation dropped to 6000 yuan / ton, and the mainstream paction price dropped to 5900 yuan / ton; the price form of MEG fell more than that of PTA product, which caused a blow to the popularity of the whole polyester market. The overall market situation of polyester continued to decline, the polyester market trading atmosphere was low, and 7-8 polyester products were sold, and individual manufacturers were even worse.

Judging from the market trend of polyester market, DTY silk market is stagnant. The sales of DTY75D/144F, 150D/144F, 288F network yarn and some specifications of black silk such as 75D are barely momentum, especially DTY flat wire production and sales are booming. However, other DTY conventional products are generally traded, especially for the 100D products, which are used for conventional semi elastic spring sub spinning, especially in the cold market, especially in the DTY100D/36F market.

The purchasing power of POY silk is insufficient, and the price trend also falls.

50D, 75D prices fell to 9700 yuan / ton, 9400 yuan / ton, of which 50D barely walked, mainly due to the downstream net composite wire walking.

In this week, FDY fine denier price also has a big decline, such as the FDY50D Market Center price from 10900-11000 yuan per ton on Monday, to 10200-10400 yuan / ton, the minimum mass sales promotion price of individual brands at 10000 yuan / ton.

63D's market center price is 10000 yuan / ton. At present, most of the water jet weaving has no suitable fabric order to do, but under certain circumstances, the production of some conventional varieties (such as polyester taff) has little risk of weaving.

Semi dull FDY silk 75D/144F and 100D/72F are available for sale. For example, FDY silk 100D/72F is used for spray scarf fabric production, and its price is about 9400 yuan / ton.

In addition, the FDY68D/18F market is still selling well, with the price falling at 10200 yuan /T, which is mainly used for the production of spray terylene fabric, especially the demand for home textile products is increasing year by year.

The demand for FDY products is generally high, and the price trend has increased this week.

From the upstream and downstream market situation, the focus of polyester raw material paction price continues to move downward, and polyester factory polyester sales are intermittent, and the pressure of oversupply is greater. Downstream market is at the end of the peak season.

It seems that the polyester market is going to be hard to stop. It will also face a test of continuous decline. It is expected that the price of polyester will probably slow down next week.