Pulp Prices Will Rise Strongly, Viscose Staple Market Price Increases

The recent price of xiaoxao vortex spinning cotton yarn has been rising. The 40S market of vortex spinning is more than 20500 yuan / ton, and the order is better.

Market quotation for tight race 40S is maintained at 21500 yuan.

Pulp prices will continue to rise strongly, viscose

Today's general inflation, mainstream manufacturers quotations all stand on the 14000 yuan / ton pass, the actual paction center of gravity has gradually moved upward.

Later prices will continue to be stable.

Concerned about Xinjiang,

Progress of regional viscose staple fiber device.

Viscose staple weekend and morning quote strong popularity, high-end

The quotation is mostly 14100 yuan, part of the intention is higher than the quoted price to 14200 yuan, the actual paction is basically equal to the quoted price, at 14000-14100 yuan / ton, the downstream has just needed the small single replenishment demand, partial high 14100 yuan order gradually develops.

Mid price offer also increased to 14000 yuan / ton, part of the high price quoted at 14100-14200 yuan / ton.

Actual negotiations at 13800-13900 yuan / ton, the focus of the paction is gradually approaching 13900 yuan / ton, because manufacturers inventory is low, supply is tight, price operation is stronger.

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Although the situation of cotton is not optimistic, its positive factors also have two positive advantages: first, the US Department of agriculture's supply and demand report is positive.

Recently, the US Department of agriculture cut production expectations and cotton prices soared.

According to the US Department of agriculture's global production and demand forecast for August, global cotton inventories decreased by 653 thousand tons in 2015/16, mainly due to the decline in cotton production in main producing countries.

Among them, the output of US cotton has been reduced by 10% to 2 million 852 thousand tons, due to the reduction of the actual broadcasting area, the increase in the rate of abandoned cultivation and the decrease in yield per unit area.

China's cotton production has been cut by 218 thousand tons, India has cut 109 thousand tons, and Uzbekistan has also been reduced. Two, the pressure on the supply side of the cotton market will be reduced. According to the sampling survey of the main cotton producing counties in 13 cotton producing provinces in the whole country, the actual planting area of cotton in 2015 is expected to be 52 million 640 thousand mu, 13 million 450 thousand mu less than that in 2014, and 20% reduction; the total output of cotton in the country is 5 million 500 thousand tons, a decrease of 14% over the same period.

In terms of imports, according to the General Administration of Customs of China, in July 2015, 105 thousand and 700 tons of cotton imported from China decreased by 56 thousand and 100 tons, or 34.67%.

From September 2014 to July 2015, China imported 1 million 600 thousand and 900 tons of cotton, a decrease of 1 million 197 thousand and 700 tons compared with that of the previous year, a decrease of 42.80%.

In the positive role, cotton futures market has been showing signs of good.

In this week, other commodities have low innovation, cotton main contract trend is relatively stable, ready to go, looking for a breakthrough opportunity.

Liu Xintian, the core editor of China business development center and China Commodity Development Research Center, said in an interview with reporters that cotton will become the "pioneer" of the first big rebound in commodity decline.

There are three reasons: first, the recent bad profits have been basically digested, while the good ones have not yet been worked out. The coming golden nine silver ten will stimulate the concentrated outbreak of cotton potential. Two, this year's El Nino phenomenon may be the strongest since records. The influence of climatic conditions will lead to the decline of cotton production and the increase of cotton demand. Three, from the price point of view, the domestic yarn and imported yarn begin to be competitive because of the long term bottom of cotton prices, and from the substitution point of view, the price of viscose begins to be higher than that of cotton, which also has a positive effect on cotton demand.