Manufacturers Of Polyester And Short Market Offer Large And Multi-Dimensional Quotations

Oil prices fell overnight. Today's polyester market is stable and weak. The price of polyester and short staple manufacturers is stable. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market is reported to be 7050-7150 yuan / ton, and the deal is moderately favorable. This week we still need to focus on crude oil, PTA futures and polyester and downstream cotton mill maintenance.

Today, the Fujian polyester market has been waiting for a steady watch. The mainstream of 1.4D direct spinning polyester and short market has reported 6750-6900 yuan / ton short delivery, the overnight oil price and early morning futures are not good enough, and the downstream enquiry purchase atmosphere is light. Shandong, Hebei market short and short quotation temporarily stable, 1.4 direct spinning Polyester and short The mainstream newspaper is delivered to 7050-7150 yuan / ton, and the actual transaction can be negotiated.

　　 Shandong The price of yarn in Changyi market is weak, and the cash flow of the merchants is less. Pure polyester yarn The price dropped 100-200 yuan / ton, the market demand was low, and the mainstream of 32S was near 11000 yuan / ton. Today, most of the manufacturers offer stable prices, but some of the offers have been raised.

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The US GDP growth has been good to stimulate the US dollar strength, and the Fed meeting statement affirmed the US economic activity and the labor market improvement, caused the market to worry about the Federal Reserve raising interest rate, estimated that the US Federal Reserve raised interest rate steadily for the first time, the Greek crisis in the euro area eased, the economic climate index increased, the Chinese manufacturing data fell, and the economic downward pressure did not decrease.

For a long time, the cotton market will continue to suffer from oversupply for a long time. The rising trend is difficult to form. It is estimated that cotton prices will continue to be weak in the coming week, and there may still be some downsides. New cotton will have some small opportunities to be noticed before coming to the market.

This week, the market is still not new. The trend of cotton prices is directly disturbed by the external market. The Fed has raised interest rates, the main countries' stock market has not performed well, and commodity prices have fallen. So far, these negative effects will not disappear for a while. They will continue to exist and will continue to ferment, which will adversely affect cotton and other bulk commodities. The global high inventories of cotton prices continue to exist and need to increase the demand and reduce production to mediate this excess supply situation. But in reality, the demand side is slow to improve, and the growth of cotton consumption in Southeast Asian countries is dragged down by China's demand. The planting area of the United States has been reduced, but the growth of cotton is excellent and the yield per unit area is expected to increase. The increase in output in India and Brazil is partly offset by the reduction of cotton production in China and other countries.

China's own inventory process is slow and its inventory is huge. The quota of imported cotton will continue to be limited in the future. The pattern of oversupply will still take a long time. But this does not have any market opportunities for the market. The market has also had a long time to digest the oversupply factors. The weather has become a crucial factor in the future. The cotton crops in Xinjiang, the main cotton producing area of Texas and the main cotton producing areas in the United States are suffering from high temperature. They need to cool down and have enough rainfall. The cotton planting in Dezhou is late. If the frost comes early, it will have obvious effects on the cotton output in the area. The rainfall in the core cotton area of India is also less. The continuous rainstorm in Pakistan cotton area has also caused floods, which has a certain impact on cotton production. The weather factors in the future are the most potential and most favorable factors, which may be the main force to support the rebound of cotton prices.

China's domestic market is dull, cotton price trend is not warm, market demand is low, cotton reserves are scarce, it can be said that it is better than nothing. 10 million of the reserve cotton stocks are difficult to digest at present, but they should always be put into the market. Under the control of the state, the cotton reserves should be reduced to a reasonable level, and the future cotton reserves will continue to be implemented.

New cotton is also on the market, the supply of the market is increasing, and the demand for improvement is slow. It is foreseeable that in the future, domestic cotton oversupply will be more prominent and will continue to suppress cotton prices, but it will be supported by cost and the country has certain market support intentions. The market has already digested the bad profits through the big fall, and the possibility of a big fall in the future will be smaller. The domestic cotton price and the international cotton price difference will gradually shrink, and the impact of the imported yarn will also weaken, which will help stabilize the domestic cotton price. In the long term, the 1601 month contract will have strong support near 12000. In addition, we should pay attention to the weather conditions. The key factors of cotton longevity are weather factors, and the yield and quality of cotton. This may be a potential advantage in the near future.