Polyester And Short Market Consolidation Is Mainly Based On Stable Quotations.
Today, polyester and staple market consolidation is the main force. The quotations of manufacturers are basically stable. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market is 7650-7750 yuan / ton, and the actual turnover is much more negotiable. Polyester and polyester manufacturers in Fujian today offer Down 100 yuan, 1.4D direct spinning polyester short market mainstream offer 7550-7650 yuan / ton short delivery, manufacturers lack confidence, shipping intention.
Shandong, Hebei Market The short quotation is stable and weak, 1.4 direct spinning polyester short mainstream newspaper 7650-7750 yuan / ton to arrive, the transaction talks are mostly low, and the morning inquiry atmosphere is light. Shengze market pure polyester yarn price is weak mainly, the overall trading volume is not big, 32S mainstream quotation 12100 yuan / ton up and down, 45s sales volume is relatively good, mainstream quotation 13300 yuan / ton nearby.
Afternoon futures TA1509 closed up 54 points. Market confidence Still insufficient, or stable and weak. Attention should still be paid to crude oil, PTA futures and polyester and downstream cotton mill maintenance.
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Recently, the trend of long staple cotton is weak. The 237 level factory quotations are 27700-27800 yuan / ton, 337 yuan, 25600 yuan / ton respectively. At present, their enterprises still have more than 700 tons of stock in Xinjiang, and they are upgrading their stocks to the mainland. Due to the recent demand for fresh fruits and vegetables, the transportation capacity of the enterprises is very tight, and most of the freight costs are raised. Their long staple cotton needs to be transferred to Shandong and Jiangsu. Currently, the transportation cost of Akesu to Shandong is about 950 yuan / ton, which is about 150-200 yuan / ton compared with the middle of May. To Jiangsu, it needs 1100-1150 yuan / ton, and it also increases by around $200 yuan. In June 17th, a boss of cotton enterprises in Akesu, Xinjiang said that in the past week, the total length of local staple cotton fell by more than 200 yuan / ton, and their 137 grade enterprises.
Recently, I often hear some news about falling prices of long staple cotton. In June 16th, a friend who ran in Xinjiang for a long time said that the long staple cotton was going downhill in recent years, mainly in several aspects: first, Xinjiang cotton enterprises were stepping up to move to the mainland. For example, a cotton enterprise in Awati, Akesu, has more than 1000 tons of long staple cotton, and the recent price cut has reached 300-400 yuan / ton. The person in charge of the enterprise said that in order to complete the inventory task before the end of the month, the price would be lower. Two, cotton traders, dealers and textile enterprises "lie on the bridge and watch the current".
Since mid June, more than 80% of circulation enterprises and cotton enterprises are no longer "long" cotton, they say that after long staple cotton "calm and calm" action again. The absence of circulation enterprises has caused the situation of long staple cotton "stagnant water pool" at present. Three, the price of long staple cotton that has been moved to the mainland has continued to decline and is difficult to carry goods. By June 17th, Shandong Ji'nan 137 grade long staple cotton came out of the warehouse price of 28200 yuan / ton, 237 level 27100 yuan / ton, 337 level 26000 yuan / ton, all fell 150-200 yuan / ton compared with last Wednesday (June 10th). Look at the north and south, the volume of transactions is unlimited; look inside and outside the Great Wall, prices plummet. It should be said that this is the present situation of long staple cotton, but it has lost confidence and has fallen off the market.
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