Recent Market And Market Analysis Of Three Major Raw Materials

1. Cotton: Although the cotton futures market went to the bottom in September 25th, zhengmian CF501 closed at 12865 yuan / ton, relatively small and high in the main shock.

For example, the futures market of Zheng cotton futures in October 20th closed at 13985 yuan / ton, in October 22nd CF501 closed at 13845 yuan / ton, and in October 24th CF501 closed at 13830 yuan / ton. CF501

In the first half of October, the market was weak and the price continued to decline. The 329 class lint mainstream in the mainland came to the price of 15000 yuan / ton, compared with eleven yuan before the long holiday, which was nearly 1000 yuan / ton.

In the middle of the day, the company continued to shake in the middle of the day, and gradually came to a steady conclusion when the purchase price of a factory came into being.

In the latter part of the market, the market is relatively stable, and the mainland's 329 grade lint mainstream is priced at about 15250-15300 yuan per ton, compared with the uplift.

But the market is generally cautious, the market spirit is somewhat insufficient, the mindset is dull, the cotton merchants' enthusiasm is not good, wait-and-see psychology is still strong.

The forecast for the future market is that although the domestic and foreign futures market is the main shock in the cotton market, the spot market insists slightly, but the market is basically flat, with little turnover and low market confidence.

On the other hand, all over the world

The market is still insufficient, the atmosphere is weak, the sales are not good, and the shipping psychology of the manufacturers is not reduced. The mainstream price of the 32S combed yarn in Xiaoshao area is about 22500 yuan / ton.

The corresponding market's obvious supporting points are still insufficient.

Two.

Staple: in mid October, especially during October 8th ----15, the market was vulnerable.

Prices fell frequently. By October 15th, the mainstream center of Jiangsu and Zhejiang 1.4D*38mm polyester staple fiber has been 8350 yuan / ton, compared with the price of 9000 yuan / ton at the beginning of the month, it has accumulated a drop of 600-700 yuan / ton.

After that, the market remained stable and weak. The mainstream center of Jiangsu and Zhejiang 1.4D*38mm polyester staple was 8225 yuan / ton.

By the end of last decade, the market has steadily stabilized and the trend of oscillation has persisted. Recently, the mainstream of Jiangsu and Zhejiang 1.4D*38mm polyester staple center has been around 8350-8400 yuan / ton.

Recently, the stability of polyester and short prices was mainly affected by the upstream raw material market. In the late October, the price of raw materials in the upper reaches of the market was stable. It was a little bit more insistence on the trend. MEG, such as the East China spot market PTA, MEG, was currently 5660 yuan / ton, 6200 yuan / ton, and the relative impetus of the raw material atmosphere was the most powerful support point for polyester staple fiber. On the other hand, the early staple fiber manufacturers continued to drop, and the cotton mill reduced risk and raw material inventory was low. For

But the market is generally cautious, followed by a small lead.

Market outlook: the current upstream raw materials temporarily wait and see a slight concussion. Whether the manufacturers or merchants replenish the market have increased, temporarily supporting, but the overall market situation is still flat, the market confidence is not too high.

However, to a certain extent, the short-term staple fiber market will stabilize temporarily, and the medium term should not be optimistic.

Three.

The recent viscose staple market quotation is a real frustration for the industry. Although the staple fiber industry conference has been held continuously, the market is hard to heat, the atmosphere is difficult to rise, the price is only concentrated, and the mainstream price of viscose staple fiber 1.5*38mm is about 12000-12050 yuan / ton, which basically has nothing to do.

For viscose staple fiber prices have been difficult to rise, its main factor is on the one hand is sticky short export market this year is not optimistic, although the reduction is generally the main, but manufacturers pressure is still, shipping psychology is difficult to change.

On the other hand, mainly under the pressure of constant price of cotton yarn, this year's cotton yarn market has been relatively dull. The price of the cotton mill is mainly in the early stage. The cotton mill's demand for short staple fiber has almost dropped to a lower level under the condition of self preservation.

In addition, the price of polyester and cotton in recent years is lower than that in the first half of the year, so the confidence of merchants in the market is not enough.

After market forecast: although cotton prices have stopped slightly in recent days, shipments of individual varieties of cotton yarn can also be made, but viscose staple fiber market is still plain, and the price is weak. Finishing in the short term, it is expected that the viscose staple fiber manufacturers will give priority to shipments, and prices will continue to be stable.