The Core Of Polyester Staple Is Still Weak, And The Buying Atmosphere Is Not Enough.
Today, manufacturers generally report on the sidelines. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market reports 7300-7400 yuan / ton, and the buying atmosphere is not enough.
Fujian
The market is short and wait-and-see atmosphere is strong, the market price is stable and weak. The mainstream of 1.4D direct spinning polyester and short market is about 7300 yuan / ton short delivery, and the paction is negotiated 7250-7300 yuan / ton.
Shandong,
Hebei
Market outlook is the main reason. At the end of the month, there are not many short and short quotations. 1.4 direct spinning polyester and short private sources.
Mainstream newspaper
7550-7600 yuan / ton to send, heard of low price in 7500 yuan / ton.
The yarn Market in Shengze market is in a state of inhibition, and the price is stable and small.
Some varieties of pure polyester yarn are still falling, 32S mainstream reported 11700 yuan / ton up and down, 45S mainstream reported 12700 yuan / ton nearby.
New year's holiday is coming, and there is a certain demand for stocking downstream.
At present, polyester and short are at a low price in history. If there is a major positive stimulus, there may be a possibility of dropping volume. Otherwise, prices will continue to bottom.
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Recently, Zheng cotton futures continued to rise after 2 points and went out of the new high in recent days, 1501 closing at 12910 yuan, rising 145 yuan, and other months contracts also rose a lot, but did not bring any improvement to the spot market in Chizhou, Anhui. The market sentiment remained strong, and the quoted price continued to fall, and the turnover was still not strong.
As of December 26th, the local 3 grade lint price was 13200 yuan / ton (pick up, take the ticket, cash settlement), the 3 level was 12800 yuan / ton, 4 level was 12500 yuan / ton, compared with last week all fell 200 yuan / ton.
The quotation continued to fall, but it did not lift the enthusiasm of the textile mill at all. The textile factory was only interested in Xinjiang cotton. However, in order to maintain many years of business relations, it was only a 24 ton purchase of a small car, and the capital was slow to return. It would take about a month and a half to settle it.
Because the price of cotton is low and difficult to sell, cotton enterprises have to reduce the purchase price of seed cotton.
It is understood that, as of December 26th, the best 3 grade seed cotton purchase price in the region was 3.10 yuan / ton, and the lint percentage should be over 39.5%, the moisture content was less than 13%, the impurity was not more than 1.3%, and the price of 4 grade seed cotton was 3 yuan / Jin, compared with last week, it dropped 0.05 yuan / Jin, with the rejection of frost yellow cotton and stiff cotton.
The highest price of cotton merchants going to the countryside for home purchase also dropped from 3 yuan to 2.90 yuan / Jin last week.
Because of the drop in seed cotton prices, cotton farmers are reluctant to sell their spirits. According to a local cotton grower, her family has planted 5 mu of cotton this year, yielding about 600 Jin per mu (about 5 acres), which has about 3000 kg or so. So far, it has not been sold for one or two. The reason is that the seed cotton price is too low to sell for money, and ask when to sell it. She said that before the Spring Festival comes, if the price does not increase, then there is no way to sell it. Cotton is not well preserved as other crops.
Asked whether she will continue to grow cotton next year, she said, it is hard to say at the moment that the final cotton price this year plus the subsidies of the state will not be cost-effective.
This year, 5 acres of land 3000 kg of seed cotton, according to the current price of 2.90 yuan / jin to calculate, gross income is 8700 yuan, excluding 5 acres of land 2500 of the cost, net income and 6200 yuan (labor cost does not count), under normal circumstances, cotton farmers will be planted in cotton fields of rape and corn crops, small season large season cost.
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