Viscose Staple Is Affected By Devaluation Of RMB

The viscose staple fiber market has recently been affected by the depreciation of the renminbi, and manufacturers' production costs have risen. Market enquiries, market attention has been improved. At present, factory price execution is gradually strengthened, the market is cancelled at a low price, and the middle end is 13300 yuan. price The decrease was reduced, and the mainstream talks were at 13400 yuan, with a low turnover of 13500 yuan.

　　 Sirospun 30S market mainstream offer 18500-18800 yuan / ton. Viscose staple fiber market low price has been repaired, the price center of gravity has been slightly repaired, due to the low inventory of industry, processing costs and other reasons, the latter stage does not rule out a new round of brewing.

The proportion of early 13500 yuan transactions has also been significantly reduced. Loose order The turnover was mostly 13600 yuan, and the higher part was 13700 yuan. The middle and low end market yesterday raised a local price of 100 yuan, the implementation is near 13200 yuan. This week, the price of cotton yarn in the market competition rose slightly, and the turnover slightly improved.

Related links:

Since May 8th, Zheng cotton futures market has shown a gradual downward trend, especially in July, cotton prices showed a relatively low trend, in early July, the stock market plunged under the stimulation of a continuous plunge, cotton futures prices have been lower than spot prices, and the difference between cotton prices inside and outside significantly reduced.

The main reason is that in July, the implementation of the national cotton storage in China, the high inventory of new cotton stocks and the very low consumption of textile enterprises in the traditional off-season. It is understood that the monthly cotton consumption of textile enterprises dropped to nearly 480 thousand tons from the peak of nearly 700 thousand tons. By the end of June, China Cotton Association's statistical social inventory data is 1 million 550 thousand tons, if the peak period of consumption, may end August at the beginning of September, social inventory is depleted, but if the trough period of consumption will have nearly 600 thousand tons of surplus. In the relatively loose supply stage, textile enterprises will not take a large number of procurement strategies. Therefore, in the period of continuous supply of state-owned cotton and textile enterprises, the trend of price maintenance remains weak.

According to the guidance of the national cotton reserve policy, it is expected that the reserve cotton will be stopped in September 1st. Such a large reserve cotton inventory will lose its role in the supply of the market. We should reassess the supply and demand before the next national cotton saving wheel. At this time, the output of new cotton should be estimated. First of all, by reducing the area, the estimated 2015 cotton production is estimated at about 5 million 800 thousand tons, which is 600 thousand tons lower than that of last year. In addition, this year's continuous high temperature and drought in the region will affect the yield per unit area. Secondly, after the sales process of the high and low price difference of cotton last year, various measures were taken for cotton planting in the area. The cotton quality is expected to increase significantly over the past year. If consumption is not expected to show a marked decline, the contradiction between supply and demand should be improved.

In addition, nine and October are the traditional peak season for textile enterprises, and demand will be improved at that time. In the case of new cotton production decline, old cotton is left behind or only bad cotton is available, textile enterprises will enhance their willingness to purchase new cotton. Therefore, cotton prices should have a certain degree of rebound before the new cotton market comes up a lot. The time may be in mid 9 and October. If prices can be predicted at the end of August, the price will rebound earlier. The height of the specific price rebound should be balanced by the degree of production decline. At this stage, I think the textile enterprises should consider avoiding the high cost caused by the rising stage, and stabilize the current low cost of raw materials, so as to provide strong conditions for the high season to compete for the market.