Cotton Yarn Is Still Weak This Week (October 20Th -10 24).

　　 First, Cotton wool Yarn market price chart

　 Two. market analysis

The price of the cotton yarn market is stable this week. The price of 30 cotton yarn of a factory in Jiangsu is 16200 yuan / ton, the price is the same as before. Viscose staple fiber prices remain stable, cotton mill funding problems are obvious, downstream purchasing sentiment is not good.

In terms of raw materials market, viscose staple fibers are currently priced at 12000 yuan / ton, with weak market transactions, especially mid end products.

In September 2014, China's commodity supply and demand index (BCI), which was released by business data providers, was -0.44, rising by -1.97%, reflecting the contraction of the manufacturing economy in the month and the risk of economic downside.

Three. Forecast for future market

Generally speaking, the raw material market has little effect on cotton yarn, and the terminal market is difficult to improve. It is difficult to improve the cotton yarn Market in the short term.

　　 Ruida Futures: crude oil rebound PTA shock rose

Disk situation: Zhengzhou PTA1501 contract opened at 5660 yuan / ton, closing at 5702 yuan / ton, up 92 yuan / ton compared with the previous trading day, or 1.64%, the turnover increased to 1 million 332 thousand and 500 hands, and the position increased 50898 to 784 thousand and 900 hands.

News: 1 and 23, Asian PX quotations fell 11.5 US dollars to 1045.5 US dollars / ton FOB Korea and 1066.5 US dollars / ton CFR China Taiwan. 2, Sinopec PTA10 month settlement price introduced, the implementation of 6050 yuan / ton. 3, the mainstream market of Jiangsu and Zhejiang polyester market is stable and small and medium-sized. POY150/48 mainstream reported 8350-8750 yuan / ton cash, FDY150/96 mainstream reported 8800-9100 yuan / ton cash, and DTY150/48 mainstream reported 10200-10550 yuan / ton.

Spot price: the East China PTA market offer is delivered at 5680-5700 yuan, the delivery is maintained at 5650-5660 yuan, and the negotiation is expected to stay at around 5680-5700 yuan. The US gold disk offer is still limited. Some of the bonds are still maintained at around 800 US dollars, with a delivery of US $770 and a slight deviation. The negotiations are expected to be limited in the vicinity of 775-780 cargo.

Stock data: the exchange warehouse receipt is 5869, which is flat compared with the previous trading day, and the effective forecast is 0.

Conclusion: because of the strong economic data in the euro area and the reduction in Saudi Arabia's supply in September, international crude oil futures rebounded sharply; Asian PX prices fell slightly; domestic PTA operating rate dropped to around 71%; some manufacturers in October lowered the settlement price of PTA contracts to 6050 yuan / ton; PTA was stable in current prices, and the market was able to buy gas; polyester market increased slightly, and production and sales were relatively good. Technically, PTA1501 contracts rose and the price was supported by the 5 day line. The top 5800 tested the first line pressure, and the short term showed a trend of concussion. Operation relies on 5600 short and multi transactions.