Market Situation Of Polyester Staple Fiber -- Maintain Calm (10.21)

Polyester staple fiber slowed down, small transactions mainly. The short and short market maintains a calm situation. The price of Jiangsu and Zhejiang polyester factories is more stable. The mainstream of 1.4D direct spinning polyester and short market is reported to be 8200-8300 yuan / ton.

Fujian market short quotation price fell 50 yuan / ton, the center of gravity followed low, 1.4D direct spinning polyester short market mainstream reported 8150 yuan / ton near short delivery, downstream to maintain small single just need replenishment, wait and see is in the majority.

Shandong and Hebei markets are short and stable. 1.4D Direct spinning polyester and short The mainstream newspaper is delivered to 8300-8350 yuan / ton, and the price is mainly based on the price. The price of polyester yarn is stable and soft, and the mainstream of 32S pure polyester yarn in Guangdong and Fujian area is 12800 yuan / ton. The price is lower than 12600 yuan / ton.

　　 Polyester yarn The price is stable and soft. Guangdong and Fujian 32S pure polyester yarn mainstream newspaper 12800 yuan / ton up and down tax included, low price in 12600 yuan / ton nearby, take goods is acceptable. It is expected that the short and short market will be weak in the short term and the bottom market will continue to follow. Once there is a good stimulus, do not rule out the possibility of closing the market.

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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.