Ji Lu Yu: The Downstream Companies Are Hesitant To Quote.

At present,

At a price of 16000 yuan / ton, the price of PET staple increased slightly to 7300 yuan / ton, while viscose remained at a high level, and 15600 yuan / ton was cash purchase, and 15800 yuan / ton was the acceptance payment.

The instability of raw material prices makes the downstream enterprises hesitate when making quotations. It is not easy to make a difference. The old customers are good at communicating, and the new customers are likely to finish the price.

Many textile enterprises in the region have responded to orders. In recent days, there are many inquiries about orders, especially the yarn varieties of CVC. The price is quoted quite a lot, not the price is not appropriate, that is, the delivery period is a problem.

Recently, many textile enterprises have been reluctant to rush to purchase the viscose raw materials at high prices. They have a wait-and-see attitude and are cautious about the price of cotton yarn.

In the sensitive period, no one is willing to stock the cloth that is woven at high cost, so the operation is not very good in a short time. The weaving enterprises prefer to start less and observe the market changes.

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As cotton planting area has been decreasing year by year, cotton production has declined, and market supply has been tight.

In order to solve the problem of lack of cotton in the spot market and the purpose of stock storage, the auction price of the national cotton auction rose from 12428 yuan / ton to 14376 yuan / ton today, rising 1948 yuan / ton in less than 3 months in May 3rd.

At present, the state-owned cotton storage has been in the thirteenth week. Due to the shortage of market resources, the cotton companies are actively participating in the auction, making the auction price remain high. Some enterprises believe that the current supply channels of cotton are relatively single, and the supply pressure is relatively large in the late stage.

Affected by the high price of cotton prices, in order to ensure the profit margins of production and processing, the downstream cotton gauze factories have been raising their prices. The price of the spot market is strong, and the 29 hand picking price of the national cotton and cotton real estate has been raised at 15700 yuan / ton, and the Xinjiang cotton newspaper is 15800-15900 yuan / ton. Most of the customers have high price conflicts, but there are also individual customers accepting sporadic turnover.

Last week, Zheng cotton futures fell downward, the CF701 contract closed at weekend price of 15195 yuan / ton, and the price of Zheng cotton has been far lower than the average price of the national cotton store. Despite the decline of Zheng period, the spot market still maintained a high price. The main reasons for the analysis are as follows:

First, with the cotton price rising all the way, the downstream cotton textile enterprises have been raising their prices. Most of the yarn prices have been in full swing, and the pressure generated by the rising lint price is gradually spreading to the downstream grey cloth market.

In this month, take the Dezhou area of Shandong as an example, the leading enterprises in the first half of the year and the middle of the century raised their quotations in a row, and the 40 cotton yarns of the combed rings increased from 21700 yuan / ton to 24700 yuan / ton, up 3000 yuan / ton.

The cost side is rising rapidly, and the pure cotton fabric enterprises have been raising their prices for sale. It is reported that the C21S*21S 108*58 63 of Shandong Binzhou area has risen to 8.2 yuan / m after 3 times of adjustment, up 1 yuan / meter from the previous stage.

Two, the mainland is affected by the rain weather, the cotton is affected or delayed to open the scale time, the warehouse outlet is affected.

Since entering the middle of 7 months, many provinces in the country have been hit by rainstorms and have entered the "rainstorm mode". Recently, the daily precipitation in Hebei has exceeded the extreme value of the same period in history, causing widespread damage. The disaster involved 91 counties (cities and districts) of 11 cities, such as Xingtai, Handan, Shijiazhuang, Hengshui and Baoding. The area of crops affected by the disaster was 148 thousand and 200 hectares, and the total harvest was 7 thousand and 300 hectares.

At present, cotton is the peak period of cotton boll production. The water accumulation in cotton fields is large and the air humidity is high. The occurrence of cotton diseases and insect pests and the rate of abscission of bolls and bolls have been increased, and the total cotton yield has been affected.

Since June, the six consecutive heavy rainfall in Hubei has made the local cotton production situation more severe. The area of cotton fields affected by the province is more than 60%, and the area of harvest is over 10%. Besides Jingzhou, Xiangyang, Yichang and other places, the damage to other areas is relatively low. In other areas, there are varying degrees of losses. Cotton fields in Tianmen, Jingmen, Huanggang, Jiangxia and other places are very seriously affected.

The reduction of cotton listed resources in the new year will support the high and stable prices of cotton prices, and the cotton notarization test in the areas where more rain is currently affected will be affected. Some warehouses are difficult to deliver because of the fact that the cotton is placed in the bulk cargo area. After the rain, the weather clears up and the 3-4 days can go out. The spot resources of the market are in a more tense situation. For the textile enterprises with low inventory level, in order to ensure production, they have to continue to purchase raw materials at high prices.

Three, reserve cotton auction base price continues to improve, the number of follow-up rounds will be reduced.

It is understood that the reserve cotton wheel for thirteenth weeks (July 25th -7 month 29 days a week) out of the selling base price of 14376 yuan / ton, compared to twelfth weeks 13609 yuan / ton price increase of 767 yuan / ton, the increase in the base price will stimulate the national cotton store high price position.

In recent years, the national cotton storage 100% turnover rate, as of July 22nd, has accumulated more than 147.7 tons, and if the number of 2 million tons is announced by the state and the end of August will be calculated, the average daily output of resources will be only 1.87 million tons in the late period, which is much less than the expected daily output of 30 thousand tons. The tight supply of resources will directly lead to the continued upgrading of auction prices.

At present, domestic and foreign cotton prices are rising strongly, and domestic textile enterprises have been calling for increasing the quantity of cotton reserves and prolonging the throwing and storing time, so as to link up with the new cotton market. However, it is also feared that if the policy changes, cotton prices will drop sharply, which will bring even more severe blow to the enterprises that have already been shot. Although the market is in a dilemma, the spinning enterprises also hope that the policy will be clear as soon as possible, so as to make early plans.