Market Factors Are Interwoven With Cotton Prices Or Stable Or Slightly Declining.

In recent days, spot prices in China have dropped steadily.

The price of 3128 grade machine picked cotton in southern Xinjiang is 15800 yuan / ton (pick up and gross weight), which is down 100 yuan / ton compared with 1 days. Some "double 28" and "double 29" hand picked cotton prices have not seen a sharp fall, but the actual discount rate has been extended to 100-150 yuan / ton.

Hebei Province, Henan Province, the actual volume of factory profit margins extended to 200 yuan / ton, real estate cotton steady and dark.

It is understood that as the market bearish atmosphere thickening, there are not many real pactions in the near future, except for the small quantities of cotton that the downstream enterprises are in urgent need of cotton enterprises.

Take a wait-and-see attitude.

First, the negative factors are lingering, and cotton prices are stable and dark.

1. The turnover rate of reserve cotton has dropped and the average price has declined.

The standard sale price of reserve cotton is 15491 yuan / ton, down 68 yuan / ton compared with fourteenth weeks.

2, cotton production is expected to increase.

In June 10th, the US Department of Agriculture released the global cotton supply and demand forecast. In 2017, China's cotton output was estimated to be 5 million 225 thousand tons, an increase of 109 thousand tons compared with the May forecast data.

In addition, Pakistan increased 174 thousand tons to 2 million 25 thousand tons.

It is estimated that total cotton output will reach 24 million 979 thousand tons in 2017/18, representing an increase of 328 thousand tons over May.

Recent Xinjiang

The growth is gratifying, which is better than the same period last year.

Most of the cotton plants in southern Xinjiang were 30-35cm, fruit branches were 5-6 / plants, branches were coarse and leafy, and most of them had entered the bud stage.

According to the cotton farmers in the territory, if there is no major natural disasters in the late period, the yield of fine wool cotton is 380-400 kilograms per mu.

Recently, the the Yellow River River Basin and the Yangtze River Valley in the mainland are also in good condition. The early sowing of cotton seedlings to 20-30cm will also enter the bud stage. Most cotton growers predict that the yield per unit area in 2017 will not be less than that of last year.

Two, the market still has many factors, and cotton prices are hard to fall.

1.

Stop and rebound to add more atmosphere to the market.

2, the price of domestic cotton yarn is still lower than that of foreign countries, and the competitive advantage is still there.

According to port traders, the price of domestic conventional yarn is still 400-800 yuan / ton lower than that of imported yarn, and its individual price is 1000 yuan / ton.

The domestic yarn order of the downstream textile enterprises is still growing, and it also forms a certain support for domestic cotton.

Pure cotton yarn continued stable and weak trend, cotton trading concentrated in C32S, 40S dominated, other pactions generally.

Pure polyester yarn trading atmosphere is poor, price adjustment, T45S sales slightly enlarged.

The price of cotton yarn is slightly weaker than that of R10S and 30S.

Polyester cotton yarn volume is not large, prices remain stable.

Polyester and viscose yarn 40S/2 pactions increased slightly, the price is basically stable.

At present, there is a slight increase in the stock of the cotton mill, and the construction starts to maintain a high level. The new orders are not well followed up in the late stage, and the overall production and sales rate shows a downward trend.

The spinning of pure cotton yarn is relatively good and the price remains stable. The price of OEC10S in Hebei and other places is around 14500 yuan, which is mainly made of low quality cotton and basically loaded at full capacity.

The conventional cotton yarn is vulnerable to adjustment. Xiaoshao C32S has a mainstream price of 23000-24000 yuan / ton, and the price difference between cotton blending is relatively large.

Combed compact spinning pure cotton yarn is relatively stable, a factory in Shandong JC60S price of 41300 yuan / ton, high count yarn mostly for old customer orders, the current load is relatively high.

Long velvet cotton yarn prices maintain, sales decline, Anhui a factory close spinning JC80SD50% long staple cotton quotation 47000 yuan / ton, manufacturers based on the production of the main.

Sheng Zechun polyester yarn prices stable, 32S offer 11400 yuan / ton, 45S quote 12500 yuan / ton, part of the volume of pactions slightly enlarged.

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