Cotton City Meets Awkward Period: What Price Will The New And Old Year Be Connected With?

After entering the July, enterprises tightened up research to explore the link prices of cotton this year, most enterprises think this year is not optimistic.

At present, spot prices are dropping, and on the 7 th, Jiangsu, Zhejiang and other places 3128 grade real estate cotton to the factory price is only 15200-15400 yuan / ton, and the price of seed cotton is 3.4-3.5 yuan / jin (38% of lint, 10% of moisture regain).

Manufacturers believe that the recent spot price is difficult to guarantee, if downstream demand continues to decline, the spot price will drop, where is the bottom, is still uncertain.

Some people say that the market is so low, the new and old year's integration price will not be optimistic.

Therefore, many futures traders and spot traders are selling goods and selling them.

Then, what price will the old and new year meet? There are two kinds of knowledge in the market. First, the price of seed cotton is less than 3.5 yuan / Jin, because the real estate cotton in the next year is still not approved by the downstream enterprises. Under the impact of Xinjiang cotton, the real estate cotton will continue to be injured.

The two is in the 4 yuan / ton line, slightly higher than last year's level, because the cost of seed cotton increased by about 10% this year, and the price of seed cotton rose to 4 yuan / Jin on the basis of cost 3.8 yuan per kg last year.

For a pessimistic attitude, a lot of enterprises say that they are not suitable to take up the market.

A trader said that at present there are still more than 700 tons of cotton in stock (including some of Xinjiang cotton, which was auctions in June).

The price will be reduced by 50 yuan / ton, 13 grade 28.3mm and B2 reserve.

Cotton price is 15100 yuan / ton; velvet length is 29mm Xinjiang cotton (color grade 13), the price is 15900 yuan / ton.

This week

The spot continued to fine tune the state, the local price fell down, the overall price remained stable, but the downstream was unsalable, the purchasing enthusiasm was not high, relatively cautious; polyester staple fiber prices rose slightly this week, basically to 8000 yuan / ton level; and viscose staple fiber prices also continued to strengthen, the current quotation has reached 16000 yuan / ton.

The yarn market is affected by the price adjustment of raw materials. Although the sales of pure cotton yarns are mediocre, most businesses are still very hard at the cost limit, unwilling to give in easily to their losses.

And polyester cotton yarn will be quoted this week.

Driven by a slight increase in signs, but it seems that there is not much downstream buying, after all, the situation of grey cloth factory is not optimistic, resulting in weak purchasing capacity.

The cotton yarn market is driven by the strong price of raw materials, slightly active, and the overall price has increased slightly, but it is only a good shipment of individual varieties. According to feedback from a textile manufacturer in Shandong, the viscose blended yarn orders are relatively good recently, such as viscose cotton series, Tencel viscose series, woven and knitted yarn.

Affected by the impact of reserve cotton production, it is expected that both spot and futures will remain weak in the near future, and prices will inevitably drop.

The overall situation of Global trade has not seen a marked improvement. At the same time, the rise of labor, raw materials and environmental costs in our country will reduce the price competitive advantage of China's export products.

Overall, it is expected that textile market shocks will be adjusted in the second half of the year. There will be a slight rebound in 9 or October. The highest point will be around 940 in October, and the lowest point will be around 870 in December.

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