Cotton Market Quotes: High And Low Before Seed Cotton Purchase Price This Year

The cotton market and timing of the 2015/2016 futures market were held in Qingdao recently. Participants discussed the new cotton market situation and the risk management of futures business involving cotton companies.

Guo Chao, deputy general manager of Xingyu textile, Hebei, shared how spot businesses use futures markets to control operational risks, design hedging strategies and present potential investment opportunities for cotton futures.

He believes that the current CF1601 and CF1605 contract spreads are too large, the January contract rebounded little space, with the

The increase will fall later, and the price of the contract will rise with the consumption of quality cotton in May, but the reserve will limit the rise of the May contract.

Lofty property

Researcher Su Lihua said that this year before the purchase price of seed cotton is high and low, it is recommended that enterprises enter fast sales to ensure profits; consumption, domestic sales have picked up steadily, clothing exports have declined year by year, the traditional peak season has changed, the terminal is in the inventory cycle, and the impact of imported yarn reaches the peak value.

In addition, the global cotton production, India, Vietnam and other countries cotton consumption growth, outside China's global

Consumption ratio is decreasing.

She believes that the future focus will be on the sales price of the regiment, the quality of the warehouse and the dumping and storage, and the most important thing is to see whether the downstream demand can be revived.

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Nylon silk caprolactam market is still in a downward trend, the current general market price of 10100 yuan / ton, compared with the price of 10300 yuan / ton early last week, down 200 yuan / ton.

The market situation of nylon chips also showed a downward trend. At present, the price of conventional spinning is between 11500-11700 yuan / ton.

By the recent upstream raw materials caprolactam and nylon sliced down, Shengze, Jiaxing two nylon filament price trend again slightly lower.

Nylon silk market trading volume was basically flat last week.

From the upstream raw material situation, CPL, nylon chips Market is down.

From the downstream market situation, the proportion of nylon silk interwoven fabric market share is not large. At present, the market of nylon interwoven fabrics is generally sold. Some varieties of prices are showing a downward trend. The desire for purchasing nylon fibers is not strong enough for the downstream weaving, and the cost is not supported by the cost. Next week, the overall market trend of nylon yarn is mainly weak.

Judging from the trend of the two cities in Jiaxing, Shengze, 70D/24F nylon -6FDY is still the top spot in the market this week. For example, the price of domestic 70D/24F nylon -6FDY fell to 15500-15700 yuan /T, which is lower than last week's price of 200 yuan or /T. It is mainly used in the production of water jet looms for "NIS spun and cotton brocade" series, among which NIS spinning 190T and 210T are relatively dull recently.

Nylon filament FDY total matting silk in Shengze and Jiaxing two cities in this week's trading volume has picked up slightly, for example, 70D/24F and nylon 6-ATY full dull 160D/96F downstream demand increased, the above two raw materials mainly produce "extinction light silk spinning, extinction matason" series, the recent extinction tower silk long line is sold as "bright spot", so at present, the number of aircraft production enterprises increased, prompting its nylon filament FDY total extinction demand increased.

The market trend of semi gloss nylon monofilament is showing a trend of "flat price drop". Among them, 30D/1F semi gloss nylon filament (superior grade) is still in demand in the downstream of this week. The reason is that downstream weaving production of "scarf yarn, glass yarn" and so on is mainly sold to the domestic northwest market and foreign middle east area.