Viscose Staple Fiber Market -- Generally Stable (10.21)

The market price of viscose short fiber is roughly stable, and the downstream needs to be replenished. Viscose staple fiber market price Generally stable, the middle end mainstream talks basically maintained at 12000 yuan position, more than 12000 yuan generally traded, 12000 yuan below the location of relatively smooth shipment, downstream just need replenishment, viscose factory overall operation is stable.

　　 High end price At 12200-12300 yuan, the basic production and marketing remained balanced. The price of Xiaoshan cotton yarn was maintained, and the price of the woven 30S market was still 15700-16000 yuan / ton. There was also a tentative pull up in some areas, but the order situation had not improved significantly.

　　 Viscose staple fiber Market prices are stable, Funing Australia overhaul, market confidence slightly improved. Some of Xinjiang's viscose plant reaction has recently been blocked due to local cotton transport centralization.

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The US Department of Agriculture released the monthly forecast of cotton supply and demand. Compared with last month's forecast, the report lowered the US cotton output, ending inventory and price in 2014/2015. Cotton production in the United States has been cut by 60 thousand tons, to 3 million 540 thousand tons. Affected by the weather in the US cotton region, the report has revised down the yield of cotton in the United States for two consecutive months, but it is a fact that compared with the 2 million 810 thousand cotton production in 2013.

In addition, India has surpassed China as the largest cotton producer this year. It is estimated that cotton production in India will be 6 million 750 thousand tons this year. Affected by China's policy, cotton prices of the two leading cotton exporters in the world have been falling. Among them, due to the reduction in export volume to China in recent years and the quality of cotton in India, India cotton has more pressure.

According to local media in India, it will buy about 850 thousand - 1 million 190 thousand tons of cotton wool, and the lowest purchase price of cotton in India will be reduced to 67 cents / pound. In general, the purchase and sale of the cotton will not affect the supply of the whole year, but the supply will be affected.

To sum up, at present, the new cotton market is in a tense situation, which makes the market worry about the number of warehouse receipt registration. Although there is a policy of purchasing and storage in the peripheral market, we should rationally consider the impact on the market. It is suggested that Zheng cotton should be the main source of high interest.