Zheng Cotton Has Continued To Go Down In The Near Future.
In the early days, the pportation capacity of Xinjiang was tight, and many futures investors took advantage of it. Cotton prices rose all the way, and they made a lot of money.
With the gradual release of Xinjiang's pport capacity and the gradual return of vehicles and fees to Xinjiang, Zheng cotton temporarily breathed a sigh of relief.
However, before long, Zheng cotton continued to go down in the near future. In addition, the relationship between cotton and cotton was also not large. The relevant departments of the state have already announced this news, and the market has already digested it for a long time.
At this time, it is not significant to use this kind of news.
And there is still more than two months to go out of March, even if the speculation is not effective.
The decline of Zheng cotton is nothing but bad luck.
Of course, there are many negative factors in the market. Who is playing the leading role? Is it the increase in the import of foreign yarn? According to the latest statistics of the General Administration of Customs of China, 1-11 months in 2016, China imported 1 million 770 thousand and 400 tons of cotton yarn, down 17.99% compared with the same period last year, and in November, our country
Imported cotton yarn
178 thousand and 800 tons, an increase of 27.07%, an increase of 12.13% over the same period last year.
The import of cotton yarn data declined year by year, which did not have any negative effect on the market. Even in November it rose by about 27%, and the overall impact on the market is still limited.
And
Outer cotton
Factors can basically be eliminated. After all, the difference between domestic and foreign cotton prices is gradually narrowing. For example, the price of SM1-1/8 is 14869 yuan / ton, which is less than 1000 yuan / ton compared with the 2129 grade difference of Xinjiang cotton.
The remaining bad factors can only be downstream.
Spinning enterprises
Procurement is weak.
From beginning to end, the demand changes of downstream textile enterprises can be quickly displayed on the disk price.
According to the statistics of China Cotton Spinning Association, in November 2016, China's cotton textile prosperity index was 47.80, an increase of 0.29 compared with October. The cotton textile industry is still in a state of depression, and there is a shortage of downstream market demand, and fabric production has slowed down.
In November, the stock index of raw materials was 46.75, which was 0.02 higher than that in October.
In the enterprise order customer, the yarn stock is mostly about 10 days, the cloth product stock is in 20 days to a month, the market product stock quantity is relatively more.
Although the statistics in December have not yet come out, the textile enterprises are entering the off-season near the year, and even some enterprises are planning a holiday arrangement plan after a month.
As for how much cotton prices hit bottom, we need further analysis of supply and demand in the future market.
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Affected by various factors such as environmental protection and stocking years ago, the price of nylon (commonly known as nylon) industrial chain has been rising.
The industry pointed out that since 2016 November 1st, polyamide raw materials have been continuously high, and many nylon manufacturers are caught off guard.
In the face of the rising trend, the purchasing enthusiasm of nylon downstream has been raised, and buying up or not buying has led to a shortage of supply in the market.
Bank of China believes that the continuous high level of raw caprolactam and the uplink of nylon chips are the main reasons for the recent rise in the price of nylon yarn.
State Securities believes that the downstream demand of nylon and polyester is textile and clothing, and the price linkage is strong.
The background of nylon price rise is that the new capacity has been greatly reduced. Meanwhile, the demand of downstream enterprises has increased steadily, and the inventory level is relatively low.
Driven by the rising prices of oil and chemicals, the cost of upstream materials has become a catalyst for rapid price rise.
The analysis points out that the theme of "price increase" has always been the focus of attention of the market, and the nylon concept stocks with safety margins and price rising channels are expected to be favored by funds.
For more information, please pay attention to the world clothing shoes and hats net report.
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