Short Term Spot Market Cotton Or Oscillator On The Behavior Of The Main

　　 National cotton reserves Turnover is still hot, turnover rate of more than 99%. By the hot impact of the national cotton store transaction, the current price of the two cities has been rising. As of Friday (May 20th), Zheng Mian's main contract CF1609 closed at 12745 yuan / ton, the week rose 445 yuan / ton, the the Yellow River basin spot week rose 50-200 yuan / ton, as of 22 days, Shandong Binzhou 3128B price in 12500-12600 yuan / ton line, but because of the real estate cotton stocks less and less consistent, slow sales.

It is understood that the national cotton spring sowing has completed more than 90%, the the Yellow River River Basin progress of about 95%, the Yangtze River Basin basically completed, Xinjiang completed, faster than last year. In addition, the spring sowing area in the whole country has been greatly reduced compared with last year. According to the cotton farmers, the the Yellow River Valley has dropped by at least 15%, and the Yangtze River Basin has dropped by 20%, and the Xinjiang cotton area has not changed much. The market thinks that as the cost of storage and interest rises, the cost of cotton is higher, and the spot market in the short term. cotton Or oscillating on behavior.

In addition, most of the recent orders, such as air spinning, combed yarn and bleached yarns, are not very large. On the 22 day, OEC7S of a factory in Hebei quoted a price of 12250 yuan / ton, and the OEC10S quoted price was 12600 yuan / ton, the price continued to drop 100 yuan / ton compared with last week. The overall trend of high count yarn is general. According to the textile industry in Jiangsu and Zhejiang provinces, 50S-80S is still available at present. Variety sales Slow, higher operating rate and lower inventory. Enterprises believe that while conventional yarns and medium and low count yarns are weakening, some of the high count yarns will rebound or become stronger.

In terms of external yarn, the price of yarn outside the bonded area continued to rise sharply. As at 20, the price of OE10S, C21S, C32S and JC32SA yarn in India port of Qingdao was 2.20-2.22 dollars / kg, 2.22-2.25 dollars / kg, 2.44-2.48 dollar / kg, 2.68-2.72 dollar / kg respectively, compared with the previous week, the price of domestic yarn increased and the price difference continued to shrink, and the competitiveness of domestic yarn increased. According to traders, the yarn inventory outside the bonded area has increased to more than 80 thousand tons, and is in a steady upward trend.

In terms of yarn, there was a steady trend during the week. According to Jiangsu, Zhejiang textile enterprises feedback, recent transactions are mainly concentrated in 32S, 40S. In May 22nd, the price of combs 21S, 32S and 40S in a factory in Shandong was 18100 yuan / ton, 19400 yuan / ton, 22000 yuan / ton respectively, compared with the previous week. The person in charge of the enterprise said that due to the auction of national cotton stores, the cash flow of enterprises was very tight, and the sales of cotton yarn did not improve significantly.