State Cotton Storage Rate Fell Sharply, Cotton Yarn Market Continued Weak

According to traders and textile enterprises, we actively bid for the state store Xinjiang cotton, the daily turnover of 1-1.4 million tons of Xinjiang cotton, all of which are sold, and the daily turnover of real cotton is only 3000-3500 tons, leading to a sharp decline in the turnover rate of the national cotton store.

The spot market shows the phenomenon of "heavy cotton and light cotton".

Xinjiang, Akesu, Kashi and other major cotton spot spot "double 28", "double 29" hand picked cotton price at 16000-16300 yuan / ton (pick up, gross weight), the price remained stable.

The spot price of some quality deviations declined slightly. For example, the 2227 spot Xinjiang hand picked cotton spot price regulation was 15200 yuan / ton line, and the center of gravity dropped by 100 yuan / ton.

Recently, the mainland

The spring sowing work was basically completed. The height of the early seeding cotton seedlings in the Yellow River basin was 6-7 cm, and the true leaf was 4-5.

Spot prices in recent years have dropped slightly.

State Reserve Xinjiang cotton "double 28" price in 16200-16300 yuan / ton, the price center of gravity fluctuated little.

During the week, the market of long staple cotton rose slightly.

On the 13 day, the 137 grade price of long staple cotton in Ji Lu and Jiangsu and Zhejiang provinces was 22200 yuan / ton line, the 237 level was 21200 yuan / ton line, and the week rose 200 yuan / ton.

According to factory feedback,

Although the number of pactions is low, the main reason is the increase in warehousing and interest costs.

During the week, the price of polyester staple fiber declined. On the 13 day, the price of 1.4D direct spinning polyester staple fiber in Jiangsu and Zhejiang provinces was 7300-7450 yuan / ton, down 200 yuan / ton compared with the previous week, and viscose staple fiber price was 15700-15800 yuan / ton, and the price fluctuated little.

Cotton yarn, cotton yarn market is generally stable, local small drop.

During the week, pure cotton yarn trading is still mainly concentrated in combed 32S, 40S, combed 21S, and other specifications are lighter.

Zhou,

Maintain stable and weak trend, part of the real single paction price fell 200 yuan / ton line.

On the 13 day, the price of combing 21S and 32S in a factory in Jiangsu was 23400 yuan / ton and 24900 yuan / ton respectively.

The price of cotton yarn with long staple cotton as the main cotton is mainly stable, and the pure polyester yarn in the week is stable. The price of pure polyester cotton 21S and 32S is 10300 yuan / ton, 11400 yuan / ton respectively, and the recent trade is light.

According to market analysis, the prices of fabrics and fabrics in the lower reaches of the near future are basically stable, and generally speaking, it is difficult to support cotton yarn rising.

Therefore, it is expected that the trend of cotton yarn will continue to be stable in the near future.

Import yarn, according to traders, the recent yarn outside the port stock in the 7.0-7.2 million tons of front-line, of which India yarn forward contract prices fell sharply, while the price of domestic cotton yarn spot climbed steadily, the price gap between the two gradually narrowed.

During the week, a fall in commodity prices caused a slight impact on the cotton market, resulting in lower current price of cotton, but the market was short of confidence in the supply of high-grade cotton in the market.

The demand for downstream cotton yarn market is still good, the competitiveness of domestic cotton yarn is still maintained, and the export of textile and clothing data is heating up, which has support for domestic cotton prices.

For more information, please pay attention to the world clothing shoes and hats net report.