Shengze And Jiaxing Market: Nylon Silk Price Plate Suppression

This week (October 20-27), domestic CPL in 15200 yuan / ton, the market is basically in a steady state of consolidation.

Nylon semi dull chips generally have a market price of around 17200 yuan /T, and the price trend keeps stable compared with last week's price.

The price trend of nylon yarn in two cities of Shengze and Jiaxing showed a trend of "plate suppression", and turnover was acceptable.

Judging from the trend of varieties, 30D/1F

Three leaf profiled silk turnover increased, as well as nylon air textured yarn 160D market volume is acceptable.

Due to the recent normal NIS spinning series, the demand for 70D/24F nylon -6FDY has shown a steady trend, and the market price is stable.

It's around 21800 yuan /T.

Full dull

Recently, the market demand has increased. The main water jet looms produce "extinction high density nylon yarn". The warp and weft yarn of the fabric is made of nylon FDY matting yarn, and the fabric is made of thin PVC coating to suit the autumn casual wear. Therefore, the consumption of downstream is rising periodically.

Nylon 6-FDY70D/24F total extinction market performance in general, the market full extinction FDY70D/24F price of 23000 yuan / ton, the main downstream spray weaving is keen on the production of full dull polyester taffeta.

Semi gloss nylon 20D/1F and 30D/1F sales rebounded in this week, but prices changed little.

Due to the narrow application of -66DTY in Shengze, the market has been "priced without market" in recent years.

Judging from the market situation in Shengze, at present, some large business companies are ready to order nylon yarn interwoven fabrics, and the actual consumption of nylon yarn is enlarged. However, the cost of raw materials is not supported at present.

It is estimated that the market price of nylon yarn will be adjusted smoothly next week, but the downstream weaving will have the trend of purchasing the stock at the end of the month.

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"The subsidy policy for real estate cotton prices may have been determined, and the lint per ton may be subsidized by 2000 to 3000 yuan."

Cheung Kwok Keung, general manager of Shandong Zawa Hirohito Industrial Development Co., Ltd. told futures Daily reporters that this will suppress domestic cotton prices to a certain extent.

Before that, the rumour about "price subsidy policy for cotton producing areas in the mainland" has been on the market for a long time.

Since the implementation of the price subsidy policy has not yet been approved by the relevant departments, cotton farmers in the mainland are generally reluctant to sell when new cotton comes into the market.

"At present, relevant departments are tightening up the time for formulating policy implementation details, which are expected to be announced soon."

Cheung Kwok Keung said.

At present, China has announced and implemented the target price subsidy policy in the cotton producing area of Xinjiang, and the cotton producing areas in the mainland are not listed in the "direct subsidy" plan.

The enthusiasm of cotton growers in the mainland will probably be hurt. In addition, the cotton prices in China have dropped considerably since November last year.

According to the insiders, if the price subsidy policy of cotton production areas in the mainland can be implemented, the enthusiasm of cotton growers in the mainland will grow relatively stable, and the cotton planting area in the mainland will not fall off.

At the same time, the new circulation of cotton will also be smooth and the market supply will increase significantly in the near future.