The Trend Of Long Staple Cotton Is Weak, Which Makes People Feel Confused.

In June 17th, a boss of cotton enterprises in Akesu, Xinjiang said that in the past week, the total length of local enterprises' long staple cotton fell by more than 200 yuan / ton, and their factory level 137 and 237 factory quotations were 27700-27800 yuan / ton, 26600 yuan / ton, 337 yuan 25600 yuan / ton. At present, their enterprises still have more than 700 tons of stock in Xinjiang, and they are stepping up their stocks to the mainland. Due to the recent listing of Xinjiang fruits and vegetables, the pportation capacity in the territory is very tight due to the demand for fresh-keeping, and most of the freight costs are raised.

At present, the cost of motor pportation between Akesu and Shandong is about 950 yuan / ton, up about 150-200 yuan / ton compared with mid May, and 1100-1150 yuan / ton to Jiangsu, which also rises 200 yuan / ton, which has increased a lot. Binzhou

But the mainland

The same decline, squeezed down, the profit margins of enterprises are getting smaller and smaller.

Recently, I often hear about

News of price fall.

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".

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 pactions 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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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.

The price of the polyester and short manufacturers in Fujian is reduced by around 100 yuan. The mainstream quotation of 1.4D direct spinning polyester and short market is short of 7550-7650 yuan / ton, and the manufacturer's confidence in the market is insufficient.

Shandong, Hebei market short and short quotation is stable and weak, 1.4 direct spinning polyester short mainstream newspaper 7650-7750 yuan / ton to deliver, business negotiations are mostly low, 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 is still insufficient, or stable and weak continue.

Attention should still be paid to crude oil, PTA futures and polyester and downstream cotton mill maintenance.