Textile Index Approaching 900 Points To Cool Down Market Purchases
Xinjiang North Xinjiang cotton seed cotton purchase end of the whole line, the cotton mill all stopped, the main task shift to lint sales. However, the price of seed cotton continues to rise in southern Xinjiang, and the quality is decreasing. Some flower factories are optimistic about the future market. At the same time, the agreement reached by the crude oil production restriction agreement has been reached. The oil has gone up, and the chemical fiber board has been keeping up with the sharp rise. The downstream cotton yarn market is driven by the high cost of raw materials, the price is rising, the domestic cotton reserves are exhausted, and the cost of using Xinjiang cotton spinning yarn is increased by more than 2000 yuan / ton compared with the national cotton storage cost.
downstream Grey cloth Market Weak, general sales, high inventory, stable prices are difficult to rise. Xia Ting believes that the recent surge in the nylon and polyester industry chain is the main reason for the textile index's continuous rise. In the short term, the two major industrial chains are likely to rise and fall, and are expected to last until the end of December. But as the Spring Festival draws near, demand will gradually weaken, and enter the January or usher in the turning point. The possibility of textile market falling is bigger.
At present, the market is gradually freed from the transportation capacity of Xinjiang cotton, the new cotton market is coming to the mainland, the market supply is gradually relaxed, and the reserve cotton wheel is expected to come out, which makes cotton prices stable and weak. The price of cotton yarn is rising gradually due to the support of raw material cost and the rising of chemical fiber market. Generally speaking, short term supply and demand of domestic cotton market is loose and market purchase is cooling down. The price of short-term cotton futures market is expected to stabilize or stabilize.
In the upstream caprolactam market, although the current narrow range is the main finishing line, nylon chips are still pulling up and becoming the main driving force for the price increase of nylon filament. In the face of the rising trend, the purchasing enthusiasm of the downstream industry has been raised, and buying up or not buying has led to a shortage of demand in the nylon market, and even some manufacturers have accepted advance orders or queued payments. Short term forecast Nylon filament With the support of cost, prices are liable to rise and fall.
The market as a whole is in a state of maintenance, and the upstream price has not risen well. The price of conventional pure cotton yarn is basically maintained, and the goods are relatively acceptable. A C32S factory in Henan offers a price of 23500 yuan / ton, and JC40S offers 26500 yuan / ton. The price of long staple cotton yarn is stable, most of which are mainly produced by single production and not much stock. The price of JC120S100% long staple cotton in a factory in Shaanxi is 63000 yuan / ton. Sheng Zechun polyester yarn quoted price rise, the raw material drive in the later period still has the rising expectation, the 32S mainstream quoted price 12400 yuan / ton up and down, the 45S mainstream quoted price 13300 yuan / ton nearby.
The price of human cotton yarn is generally stable. Fujian's siro spinning yarn is still available. The cash price of siro spinning R40S is 21500-21800 yuan / ton. Pure cotton cloth sales in general, the overall price remained stable, a slight rise and fall, most manufacturers reflected that the current orders have a downward trend, started to maintain a moderate level, an average of around 65-70%, the overall lack of confidence in the market outlook, manufacturers also take the opportunity to seize production and shipping mainly, or have a gradual reduction in production expectations.
With the help of many bulls, the main futures of PTA continue to climb today. At the same time, the spot market was boosted, and the mainstream suppliers' ports increased by 200 yuan / ton. The stock exchange is acceptable, and the transaction is mainly based on the set guarantee and suppliers' repurchase. In terms of installations, Ningbo's 1 million 200 thousand tons / year PTA plant is scheduled to be shutdown for three weeks in late December. Recently, the supply side of PTA has changed little, but the PTA futures market and related products have strong trend of ethylene glycol. Spot market Form strong support. At the same time, the downstream polyester market has entered the "skyrocketing" mode, the sales and sales rate has been warmer to more than 200%, and the short fiber production and marketing rate even exceeds 300%. In the short term, the PTA fundamentals are acceptable and will remain warm and volatile.
For more information, please pay attention to the world clothing shoes and hats net report.
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