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    The Inventory Of Cotton Enterprises In Southern Xinjiang Is Larger Than That In Northern Xinjiang.

    2015/6/30 6:32:00 27

    Southern XinjiangCotton EnterprisesInventory

    At present, within the territory

    Cotton ginning enterprise

    It is widely believed that the rumor has thrown two messages on the reserve price. One is that the government has made a commitment to "do not suppress cotton prices". The intention of "supporting the market" is very obvious. Therefore, there is no need for the hoarding enterprises to panic, which is higher than the spot dumping price, which is equal to the opportunity for the cotton enterprises to rush to ship, and the cotton price is likely to rebound slightly after the introduction of the policy of dumping and storage. Secondly, the throwing price may be used for the purchase of seed cotton in the 2015/16 ginning mill.

    machining

    Pointed out the direction. Some manufacturers in Akesu and Bachu clearly indicated that the purchase price of seed cotton would be high risk area of 6 yuan / kg, and the 3128 grade lint cost should be controlled within 14000 yuan / ton.

    According to the survey, as of the end of June, most of the territory

    cotton

    There is still a certain amount of lint waiting for sale or sale in the warehouse. Although there are still a few cotton operators and cotton mills in Jiangsu, Shandong, Henan and other places, they ask and see goods in the warehouse. However, as the main reference to the quotations of Zheng CF1507 and the high demand for grades, quality of the mills and the requirements of the textile inspection, the psychological expectations of the buyers and the buyers are relatively large, and the basic cotton is basically unsalable. The turnover of hand picked cotton in the Xinjiang warehouse in the mainland is also lower than that in 4 and May.

    Related links:

    Statistics in June 26th showed that the price of 1.4D direct spun polyester staple decreased by 95 yuan to 7475 yuan / ton, a decrease of 1.25%, still running at 8000 yuan / tonne, which is 5816 yuan / ton lower than that of the domestic 3128B grade cotton spot price index. The price difference increased 51 yuan / ton compared with last week. The cash flow loss of polyester staple fiber was near 300 yuan / ton; the start-up load was 66.4% (-0.01%), and the mainstream manufacturers' inventory was around 16-21 days (+1), and some of them were slightly lower.

    On the raw material market, New York crude oil futures continued to consolidate; Asian PX, PTA and MEG spot prices rebounded slightly, and PET chip prices continued to decline slightly.

    New York crude oil futures continued to consolidate.

    On the 23 day, the market expected the decline in US crude oil supply and the prospect of deteriorating relations between the US and Russia, pushing oil prices to nearly two weeks high, with the main contract closed at $61.01 per barrel in August.

    However, the 24 day report showed that crude oil output continued to increase last week, while the gasoline stocks in the same period showed an unexpected trend of growth, while oil prices were under pressure and the main contract was down at $60.27 a barrel.

    On the 25-26 day, investors watched the development of the Greek debt crisis. Meanwhile, the negotiations on the Iran nuclear development project were approaching the deadline. Once the trade sanctions were lifted through the agreement, more crude oil would enter the global market. The worry of over demand led to oil prices falling below $60 a barrel, and the main contract in August fell to $59.63 a barrel.

    Oil prices rose 2 cents in the week based on the main contract offer.

    Asian PX continued to consolidate, and the price rose by 4 US dollars (0.42%) to 947 US dollars / ton.

    Crude oil is running slightly, naphtha is weak, domestic PX load is low, and it has some support for PTA cost.


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