The Market Trend Of Polyester Staple Fiber Is Still Stable.

Today, polyester and short markets continue to be stable. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market reports 6250-6350 yuan / ton, and the deal can be negotiated.

Fujian polyester short quotation is stable, 1.4D direct spinning.

Mainstream newspaper 6200-6300 yuan / ton short delivery, the actual deal, early PTA futures opened up after a narrow upward trend.

Shandong Changyi Market

The price is weak and the sales are still sluggish.

Quotations changed little, manufacturers started enthusiasm is not high, 32S mainstream newspaper 10000 yuan / ton nearby.

Near the Spring Festival, polyester devices continue to stop maintenance, the recent need to be concerned.

Shandong, Hebei, the market is short and short quotation is stable, 1.4D direct spinning polyester short mainstream newspaper 6350-6450 yuan / ton to deliver, the actual deal can be negotiated, at present, short and short cash flow margin shocks.

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The impact of imported cotton decreased significantly in 2015, but imported yarn still suppressed domestic cotton market.

With the widening of the internal and external spreads, international cotton prices are no longer dominant, and 1% tariff imports still have advantages, but the quota is limited.

Therefore, the number of cotton imports has been shrinking in 2015, and the amount of cotton imports in the first 10 months is only 1 million 200 thousand tons, far below the 2 million 80 thousand tons level in the same period in 2014.

In 2016, China adopted strict control measures on cotton imports. The import quota of cotton within the tariff remained the minimum level of 894 thousand tons stipulated by WTO, and cotton imports had little impact on the domestic market.

The cost of planting cotton is supported at the bottom, but because of the potential sale and weak demand of cotton, the uplink of cotton prices still seems to be incapable of falling into a dilemma, and the volume and position of the cotton prices are sluggish.

On the operation, the possibility of unilateral market in the cotton market is not large, and the overall operation is mainly between 10500 - 14500 yuan / ton.

On the time node, the market pressure is small before March, and the pressure of throwing and storing will increase. The market will still need to be explored. With the expected shrinkage of cotton planting in the new year of 4 and May, the cotton price will be expected to rise gradually after bottoming.

1701 after the listing of the contract, we may consider buying 1605 to sell 1701, and we will pay attention to the direction of change in March.

In March, if the storage is expected to be realized, we can buy 1701 to sell 1605 or 1609.

In the cotton market, it is difficult to find trend trading opportunities during the year. In this case, it is suggested that the textile enterprises should take the purchase and purchase as the main purpose. Based on the fact that the cotton price rises effectively, but the frequency of the rising bands can be judged, the cotton enterprises can appropriately bargain for the long term contracts at the bottom of 11500 yuan / ton.

In the first half of the year, once trading arbitrage opportunities appear, it is suggested that trade enterprises sell 1605 contracts.