Zheng Cotton Futures Prices Fluctuated Sharply, The Total Turnover Of Cotton Reserves Broke Millions.

China's reserve cotton management company plans to sell 149 thousand and 700 tons of cotton reserves in the past tenth weeks, and the actual turnover is 88 thousand and 900 tons, with a turnover rate of 59.4%, of which 62 thousand and 900 tons of Xinjiang cotton and 26 thousand tons of real cotton are traded. From the paction price, the average price is 15137 yuan / ton, a decrease of 34 yuan / ton compared with the previous week, and the average price of the paction is up to 16347 yuan / ton of standard grade (3128), up by 31 yuan / ton compared with the previous week. The average price of the cotton reserve is 149 thousand and 700 tons per ton.

2016/2017 accumulates 1 million 38 thousand and 800 tons of accumulative cotton storehouse, including 683 thousand and 700 tons of Xinjiang cotton and 355 thousand and 100 tons of real estate cotton. From the year of cotton reserves, 2011 cotton accumulates 3.74 tons in 2006, 2012 tons of cotton reserves have been traded 571 thousand and 300 tons, 2013 tons of cotton reserves have been accumulated 430 thousand and 100 tons.

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Futures prices fluctuated sharply, and the average price and spot price of the cotton auction decreased slightly. According to the national cotton market monitoring system data, the average price of cotton price B index (CNCotton B) on behalf of the 3128B class cotton price in the mainland was 15977 yuan / ton, down 14 yuan / ton compared with the previous week.

During the week, there were 3-7 true leaves in Xinjiang cotton region, the Yangtze River Valley and the the Yellow River River Basin, and the growth was good. Xinjiang was mainly engaged in seedling recruitment, and the Yangtze River Basin mainly carried out pplanting work.

Because of the sharp price fluctuation in futures market, textile enterprises have slowed down the rhythm of reserve cotton and purchase spot, and have chosen to enter the market until the market price is stable.

The market is generally stable, local small drop, trading is still mainly concentrated in the combed yarn, high count combed yarn is weakening trend, downstream market consumption is not strong, it is difficult to support cotton yarn price rise.

Pure cotton yarn prices rose steadily, cotton trading concentrated in C32S, 40S, etc. most of the other specifications were relatively light, and the high branches were slightly weaker than the conventional ones.

The price of some pure polyester yarn has dropped slightly, and T50S has not been able to run smoothly. T45S is still able to take the goods and is affected by the decline of PET staple, and the price has also declined.

R30S sales are available, but are affected by viscose staple fiber weakness.

There is also a downtrend.

Polyester and viscose yarn 40S/2 trading volume rose slightly, prices fell slightly.

At present, there is a slight increase in the stock of the mills, and the maintenance is still high.

The price of long staple cotton yarn is maintained, the manufacturers produce more goods according to single production, and the overall order quantity is not good. A factory in Anhui has quoted 47000 yuan / ton of compact JC80SD50% long staple cotton.

Port import yarn stock reduction, at present 72 thousand tons or so, at present Vietnam C32S6 month shipping date CIF China main port quoted price 2.92-2.95 dollar / kilogram (to turn to port clearance cost 24000-24200 yuan / ton), the forward contract signing quantity is not ideal.

Shandong Changyi pure polyester yarn change little, the original white quality excellent 32S offer 12500-15000 yuan / ton short delivery, pure black 32S quote 12500 yuan / ton short delivery, demand is still normal.

Pure cotton cloth has been adjusted, the price has basically remained stable, and then the goods are relatively general. Some of the specifications have a slight pressure on the grey fabric inventory. The final delivery is not as smooth as the cotton yarn, and the overall industrial chain inventory is pferred to the downstream. Weaving factories are mostly single production, and the purchase of cotton yarns is also gradually in the short-term order.

A factory in Hebei C 21x21 108x58 63 "yarn card price 8.30 yuan / m, a factory in Shandong C 40x40 133x72 63" plain cloth width quoted 7.30 yuan / meter, Tengzhou factory C 60x60 90x88 64 "Bali yarn quote 5.30 yuan / meter, are basically flat."

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