Weekly Review Of Changxin Light Spinning Polyester Market (26-6 May, 1)

26-29 polyester market weak market adjustment, the price trend seems to be weak, concessions offer price promotion is widespread.

On the afternoon of (29 PM), a factory in Japan set up a fire and the US crude oil soared, and with the purchase of nodal points pulling at the end of the month, the volume of trading on the 30 day also showed an enlarged trend.

The mainstream of the market

It is a "quantity rising" market, and the current quotation is around 8600 yuan /T.

Product specifications are mainly used for water jet weaving production of polyester taff series; DTY100D/144F is relatively smooth, it mainly interacts with DTY75D/72F network to produce spring cotton yarns, and DTY75D/72F network yarn can be traded within this week.

Temporarily stable state, Taicang goods DTY75D/72F network silk price in 10900-11000 yuan /T or so.

The sales volume of FDY50D and 75D big gloss silk market is enlarged, of which 75D center price is 8600 yuan /T, up 100 yuan /T over last weekend's price.

From the analysis of the purchasing power of the downstream, most of the weaving enterprises use the "quantitative production" operation to purchase materials. The volume of polyester trading will be stable in the future. However, under the action of cost boosting, the polyester industry in the middle and the long term will still have a steady upward trend.

Polyester staple fiber prices have risen, the central price of 7750-7800 yuan /T.

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Recently, the weather in Hebei is good and the temperature is high, which is beneficial to cotton seedling growth.

Many cotton farmers in Cangzhou have reflected that the growth of cotton is generally better than last year because of the good foundation of planting and management measures.

Up to now, cotton seedlings in Cangzhou are generally 7-8 centimeters and 5-6 pieces of true leaf.

Recently, cotton farmers have not seen pests and diseases in cotton fields.

Cotton growers Lao Zhao said happily: the yield per unit area is 500 Jin / mu.

According to the weather forecast, the weather in Hebei is dry and sunny for a long time this year. Cotton is a drought resistant crop and suitable for growth.

Contrary to the good growth of cotton seedlings, cotton prices have dropped in recent years.

In May 27th, the spot price of the 3128 class real estate in Cangzhou area was 13000 yuan / ton (delivery, including tax), 4128 level 12400 yuan / ton, down 100-150 yuan / ton compared with 22 days.

Market analysis, three major causes of spot prices fall.

Because of the fund's profit and the strong US dollar, the speculators sold the July contract, leading to a sharp decline in cotton last week.

This week, Zheng cotton also continued to follow suit. As of Wednesday (27), Zheng cotton 1509 contract closed at 13060 yuan / ton, and the futures market was weak, which was not conducive to the spot market of lint.

There are more than 10 million tons of national cotton storage, and huge cotton stocks have forced enterprises to worry. The news of recent dumping has aggravated the wait-and-see mood of textile enterprises, which is mainly followed by buying and buying, and the market is light.

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