Xinjiang Cotton Enterprises Speed Up Pfer To The Mainland

On the 1-3 th of June, Shandong, Henan, Jiangsu and other mainland libraries 2128 (2129), 3128 (3129) class gross weight lifting price 13800-13900 yuan / ton, 13500-13700 yuan / ton stabilized, the mainland warehouse North pick up cotton picking 3128 cotton picking price 13200-13400 yuan / ton, individual cotton enterprises due to impurities, fiber length lower than 28mm or horse value C1 content high quotation only 13000 yuan / ton, buyers and sellers fell into a weak balance.

Akesu,

Some cotton enterprises have responded to the fact that since the middle and late 5 months of the year, the number of mainland enterprises involved in the sale of goods, enquiries and procurement of lint was relatively small.

The high grade hand picked cotton in the southern part of the mainland accelerated the shipment compared with 3 and April. On the one hand, it was part of the cotton textile raw materials.

On the other hand, there is still no clear news about China's reserve cotton auction, and the high grade in 6-9 months at home.

Worries about supply have increased.

There are also some cotton enterprises actively contracting and leasing. Due to the large loss of cotton enterprises in the mainland of Xinjiang package factory in 2014/15, and the lack of confidence in the acquisition and processing of 2015/16, the pfer, sublease and outsourcing work of cotton enterprises in southern Xinjiang is not very smooth. Most of the enterprises in the mainland of Xinjiang come up with the basic conditions of "no guarantee purchase, providing bank loan qualification, coordinating and solving external affairs".

Some cotton enterprises in Akesu analyzed that the 6-9 month national dumping is a big probability event. Once the government cuts or cancels the import tariffs of India cotton yarn, China's cotton consumption will continue to decrease.

The cotton planting area in Xinjiang is less than expected. The spot price of 13000-13500 yuan / ton is a new normal. Therefore, the purchase price of new cotton will be less than 5.50 yuan per kilogram in September.

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On the spot side, although the price of polyester products has risen little this week, the buyers in the lower reaches have limited enthusiasm for the chase, and the sales people in polyester factories say that the trading atmosphere is flat. Some of the short fibers said that the sales in early June were not as good as those in the early part of the month.

Because Yisheng Hainan PTA device late parking and crude oil shock upward, PTA market bullish atmosphere increased, but helpless downstream polyester filament, short fiber sales have not been improved, demand in the off-season speculation market is difficult to continue.

Downstream, the downstream polyester market atmosphere has improved, but the price is stable, semi gloss polyester chip price 7000 yuan / ton, the price is flat; bottle grade polyester chip price 7000 yuan / ton, the price is flat.

Polyester filament market atmosphere is general, the price is low, DTY150D price clinch a deal interval in 9600-9700 yuan / ton, the price is flat.

The price range of POY150D is 7700-7800 yuan per ton / ton, the price is flat; the price range of FDY150D is 8000-8050 yuan / ton, the price is flat; the market atmosphere of filament is general, most factories produce and sell 60%, the higher is 90%.

The price range of short silk is 8000-8100 yuan / ton, and the price is stable.

For the post market, futures futures believe that in the past month, due to the low inventory in the spot market, demand providers' concerns about supply have increased, especially in successive accidents. For example, some problems occurred in some parts of Japan's deer island and Yi Sheng recently, which makes the sellers reluctant to sell, the price has an upward impulse, and the US dollar has come down, and the PTA price has taken the lead in the performance and has increased considerably.

However, due to the macro level and other factors, the price performance in June 3rd was not good. In June 2nd, after a high inflation in June 3rd, the market fell unilaterally during the day.

An Guang believes that at present, we can only wait for the results of the OPEC meeting in June 5th. Some oil producing countries are releasing their comments. However, in order to seize market share, the enthusiasm of countries to reduce production is limited, so the output of crude oil may not drop, and the driving force of oil prices may not be enough.

At present, PTA upstream cost support, factory production reduction and demand insipid confrontation, it is expected that the short-term price is expected to maintain a strong and narrow range of shocks, up and down the lack of motivation.