Changxin Market: Polyester Market Continues To Slump

This week (December 2-8), polyester market continued to slump, the price trend is still down.

Judging from the trend of market varieties, polyester FDY75D large glossy silk is still in demand in the market, but the price is low. At present, the price of silk has slipped at about 9600 yuan /T, and the five satin and satin printing grey fabrics used for weaving can be slightly lower.

DTY product prices also fell, for example, DTY75D/36F's current central price is around 11500 yuan /T, down 100-200 yuan from last week /T.

The DTY75D/72F network has increased in volume this week. The reason is that it interweaves with 75D/144F or DTY100D/144F or 150D/144F to produce full spring spring fabric.

It has wide use and large sales volume, so the production of aircraft is increasing.

Contrary production

And half spinning spring sub spinning and other materials sales are not smooth, but also affected the FDY63D class sales. At present, the market turnover is reduced, and the price has dropped to 9700-9800 yuan /T.

Recent upstream

There is a downward trend, and now there are signs of unsalable sales in the downstream market. It seems that the weak market of polyester market continues, but at the end of the year, it is more or less necessary to buy more tickets. Therefore, the volume of turnover will rise next week, and the price of polyester will be dominated by weak adjustment.

Polyester staple fiber prices are also weak, the current market average price of 8100 yuan /T.

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The cotton project team of the China Cotton Institute and the national cotton industry technology system, in November 30, 2014, fixed the survey on the cotton harvest and sale of 2050 designated farmers in 95 counties (regiments and farms) of 15 provinces in Sichuan, Hunan, Hubei, Anhui, Jiangxi, Jiangsu, Henan, Hebei, Shandong, Shanxi, Xinjiang, Gansu, Liaoning and Kyrgyzstan.

1. Seed cotton harvest progress is slower than that of last year.

By November 30th, the harvest rate of cotton seed cotton in China was 96.7%, 1.2 percentage points slower than the same period last year.

The three major cotton regions are different in speed and speed.

Among them, the Yangtze River harvest progress 96.3%, 3.3 percentage points slower than the same period; the Yellow River harvest progress 96.3%, up 0.4 percentage points compared to the same period; the northwest harvest 95.5%, compared with 1.9 percentage points slower than the same period.

Two. The progress of new cotton sale is slower than that of last year.

By November 30th, the turnover rate of cotton seed sale in the whole country was 52%, slower than 16.5 percentage points in the same period last year, slowing down 24% compared with the same period last year.

The progress of the three cotton sales is slowing down.

The sales progress of the Yangtze River was 34.9%, which was 53.7 percentage points slower than that of the previous year. The progress of the Yellow River's sale was 47.5%, which was 26.1 percentage points slower than that of the previous year, and the Northwest sales progress was 61.3%, which was 19.3 percentage points slower than the same period.

Three, seed cotton prices fell 30% year-on-year, a slight decrease of 2%

By November 30th, the price of seed cotton was 5.83 yuan / kg, down 30% compared with the same period last year.

The price of seed cotton in the Yangtze River, the Yellow River and Northwest China was 5.99 yuan, 6.19 yuan and 5.58 yuan / kg respectively, down 24.4%, down 27.2% and 33.6% respectively.

Among them, the price of machine picked cotton in the southern Xinjiang was reduced by 0.64 yuan / kg, a decrease of 11.4%, and a drop in the number of production areas in Xinjiang was even greater.

Compared with the average price in October, the average price of seed cotton sale rose by 0.7% in November, and the current market is slow.

The average price in 9-11 months was 5.91 yuan / kg, down 28% from the same period last year.

Four, the mainland's Cotton Subsidy Policy of 2000 yuan / ton is looking forward to landing at an early date.

In November 5th, the state introduced Cotton Subsidy of 2000 yuan / ton in the mainland, and the 9 provinces were Hunan, Hubei, Anhui, Jiangxi, Jiangsu, Henan, Hebei, Shandong and Gansu.

According to the analysis, the intensity of the Cotton Subsidy Fund in the mainland is equivalent to the 160 yuan per mu subsidy per unit area. Relative to grain subsidy, the subsidy intensity of cotton is not low.

However, the implementation plan of how to make up and how to operate has not yet been published. Cotton farmers hope that good policies will come to the ground early, and they will be ready for the production next year.