Market Analysis This Week: Cotton Yarn Price Consolidation Is Weak.

Cotton price trend chart

Two, market analysis

Domestic people this week Cotton yarn Market The 10s market is more dynamic. The overall turnover of cotton yarn is not large, and the price trend has picked up slightly. The price market will show a trend of consolidation. 30s Suzhou cotton yarn is now priced at 15600 yuan / ton, the market order situation is generally low, the downstream cotton mill market slightly improved.

In December 4th, the price of Siro spun cotton yarn in domestic market changed a lot. Due to the slow performance of the market, the decrease in orders and the increase in inventory, it led to siro spinning people. Cotton yarn price There was a fall of 200-400 yuan. Shandong area Siluo textile 30s cotton mainstream quotation 18300 yuan / ton.

In terms of raw material market, viscose staple fiber price is currently around 11800 yuan / ton, the price is lower than before, and the market spanaction is weak.

Three, market outlook

Generally speaking, the overall turnover of cotton yarn is not large, the price trend is slowing down, the raw material market is slacken down and the market spanaction is weak.

Related reports

Seed cotton prices continue to decline, picking ends basically.

November 28th -12 4, the national cotton picking basically ended, according to the national cotton market monitoring system data, as of December 5th, the domestic cotton picking progress reached 97.8%, seed cotton sale rate was 81.9%, at present, most cotton enterprises cautious acquisition, cotton city is deserted. Among them, the price of seed cotton in the the Yellow River River Basin has continued to decline, and the purchase price of seed cotton is 3 yuan / Jin, compared with last week (November 21st -11 27) dropped by 0.1 yuan / kg, cotton industry is now full industry losses, most of them have stopped buying, and wait for the market to turn better. The price of seed cotton sale in the Yangtze River has dropped considerably, and seed cotton purchase price is 3.05 yuan / jin (39% of lint, 13% of water content), which is down 0.20 yuan / Jin compared with last week (November 21st -11 27). Cotton picking in Xinjiang has been fully concluded, and seed cotton sale volume has declined. Frost yellow cotton The proportion is rising. National cotton market monitoring system data show that as of December 5th, Xinjiang seed cotton picking progress was 99.5%, the selling rate was 98.4%. Cotton picking in southern Xinjiang is coming to an end. The price of seed cotton in Akesu and other places has dropped to 5.7 yuan / kg (40% lint percentage, less than 13% moisture), and the price of frost yellow cotton is as low as 5.5 yuan / kg. It is estimated that about 60-70% cotton enterprises in Akesu and Kashi will stop buying after December 10th. The cotton picking and selling work in the northern Xinjiang region is basically over. The seed cotton sale price is about 0.2 yuan / kilogram lower than that in the southern Xinjiang.