Xinjiang Cotton Spot Market Lacks Stamina

It is understood that after 2014, cotton processing enterprises will directly connect with downstream customers, so it is urgent to improve processing quality, reduce "three silk" and increase impurity removal. Many ginning plants in Akesu, Bachu and other places plan to install "three silk" cleaning machines, seed cotton cleaning machines and other equipment to meet the quality needs of cotton spinning plants.

In the past week, ICE、 The weakness of Zheng Jihe's cotton spot market is in sharp contrast to the popularity of the stock markets in the United States and China. Although the quotation of domestic 2129 and 3128 Xinjiang cotton still remains at 13800-14000 yuan/ton and 13500-13700 yuan/ton, the actual transaction price still has room for a decline of 100 yuan/ton.

In order to recover as soon as possible capital Repayment of bank loans in proportion, some of which were reluctant to sell in April and May Southern Xinjiang Processing enterprises have to "cut meat" to ship, and the whole downstream market is bearish and pessimistic. According to the survey results of various organizations, by the end of May, the overall sales progress of cotton in Xinjiang had reached more than 65%, and the northern Xinjiang was significantly higher than the southern Xinjiang. The local government was faster than the corps, and the hand cotton was stronger than the machine cotton.

A few cotton enterprises in Aksu, Korla and other places still gamble heavily from May to September Cotton market On the one hand, actively raise funds, or repay loans or purchase by inquiry to store high-grade hand picked cotton; On the other hand, we pay close attention to the news of the state about dumping stocks and increasing cotton import quotas, so as to adjust the sales strategy in a timely manner.

Some cotton textile mills in Jiangsu, Shandong, Henan and other places said that although Xinjiang hand picked cotton generally has the disadvantages of "three silk" weight, poor fiber length, strength consistency and large impurities, compared with port SM GM level Australian cotton and American cotton (customs clearance, RMB quotation) still have a price difference of more than 1500 yuan/ton. As long as there is no agreement in the order contract to use "American cotton or Australian cotton" for cotton blending, most textile enterprises without quotas use Xinjiang hand picked cotton, machine picked cotton and local cotton. For some orders that require "package bleaching, package dyeing", American cotton and Xinjiang machine picked cotton are used for cotton blending, Try to reduce the proportion of high priced Australian cotton.

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Due to the weakening of the upstream raw material support and the cautious purchasing power of the downstream, the polyester market turnover is at a low level. The polyester production and sales ratio of polyester factories is about 50% to 60%, and the polyester inventory is still rising. The polyester market price continued to decline, with another 300-400 yuan/ton decline. On the 22nd, PTA ushered in a stable rebound. The trading atmosphere in the polyester market rebounded. Replenishment purchase appeared obviously. The trading volume was high. The polyester production and sales rate of polyester factories reached 200-300%, and even 400% for individual factories. However, the polyester market maintained a weak trend during the weekend, and the trading volume dropped significantly compared with Friday.

The polyester POY market continued to fall, and the trading volume rose slightly compared with that of last week. The polyester factory quotation fell mainly, and there were preferential promotions for enterprises. Recently, downstream texturing enterprises have been focusing on rigid demand for polyester POY procurement. In the market, the demand for POY 50D and 75D mesh for weaving is poor, but the price is weak. In contrast, POY texturing yarn has been sold well recently. Among them, melt direct spinning plants such as POY50D/72F, 75D/72F, 144F, 100D/144F, 100D/192F still show a strong sales momentum.

Polyester DTY market performance was deadlocked, the quotation fell, the trading atmosphere declined, and the trading volume level declined compared with last week. The tight supply of some varieties in the market eased slightly. DTY network yarn 75D/72F warp knitting is still available, and the downstream demand of DTY black yarn 75D is booming, which is mainly used for jacquard black yarn series lining; DTY conventional varieties 100D/36F and 150D/48F have a smooth market due to the recent changes in the application structure of raw materials in weaving.

The market performance of polyester FDY fell again. The average production and sales rate of polyester factory enterprises was between 60% and 80% this week. Some of them were relatively good and could be leveled off. At the same time, the inventory of polyester yarn increased. The main enterprises' FDY quotation level is 9400 yuan/ton for FDY50D/24F, 8500 yuan/ton for FDY100D/48F, and 7900 yuan/ton for FDY150D/96F. The market demand of FDY 50D/48F is weak, and the transaction price is lower than 50D/24F. FDY 50D/48F is used to produce polyester taffeta fabric with water spray of more than 290T, which is unsalable due to out of season. FDY68D18F is a relatively movable pin, which is mainly used in the production of terylene fabrics. Due to the good sales of polyamide polyester spinning and the expansion of weaving production, the market of glossy FDY150D/84F still has a large dynamic sales volume. Semi dull FDY20D/24F, 75D/144F products sell better, and coarse denier semi dull FDY135DFDY products are still available, mainly used for the production of filament Oxford cloth products.

At present, the inventory structure of polyester filament in polyester spinning factory is unreasonable, and the probability of bearish future market in polyester filament market prevails. Whether it is water jet, warp knitting, or texturing enterprises, they all adopt the quantitative purchase mode. However, the monthly settlement price of polymerization has support for the polyester filament market. Most people believe that the fluctuation adjustment of polyester filament market will continue next week, and it is estimated that the trading volume will have "ticket" Replenishment purchase periodicity.