Market Bulletin: Three Major Cotton Textile Raw Material Quotations

Three major cotton textile raw materials quotations in February 22, 2019

Polyester staple: the prospects for Sino US trade negotiations are more optimistic, but the US crude oil inventory report is generally bad, and oil prices dropped moderately on Thursday.

After a high level of decline, the volatility of the PTA night plate is not large.

Polyester staple fiber production and marketing continued to be weak, factory quotes continued to be stable, the focus of discussion is weak.

In the near future, there is still a downward trend in the price of staple fiber.

But considering the near downstream replenishment cycle, the market downward space is expected to be limited.

The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester staple price is 8850-9100 yuan / ton, or 8750-8850 yuan / ton.

The staple staple fiber factory in Fujian has been quoted for a while. The staple is still being negotiated. 1.4D direct spun polyester staple is quoted at 8800-9000 yuan / ton, and the center of gravity is down.

Polyester staple fiber in Shandong and Hebei is generally stable, mainly in excess of price, and semi 1.4D direct spinning polyester staple is quoted at 8900-9100 yuan / ton.

Viscose staple fiber: cotton spinning most of the start-up load gradually restored, and the viscose staple fiber inventory is also gradually digested, the industry needs to start at the end of the month, after viscose staple fiber or continue to choose a stable price wait-and-see.

The high-end offer price is 13700-13800 yuan / ton, the middle end is 13400-13600 yuan / ton, and the middle and low end is 13200-13300 yuan / ton.

Cotton: the ICE cotton contract jumped more than 2% on Thursday to the highest level in two weeks, as foreign media speculated that the Sino US trade dispute could be a breakthrough.

Yesterday, Zheng cotton 1905 contract opened at 15390 yuan / ton, the highest to 15450 yuan / ton, the lowest 15240 yuan / ton, ending at 15300 yuan / ton, compared with the previous trading day fell 45 yuan / ton, or 0.29%.

In terms of volume, turnover increased to 359 thousand, and positions increased by 11204 to 434 thousand.

On the 21 day, the average price of 3128B lint market in Xinjiang was reported at 15577 yuan / ton, unchanged from the previous trading day, and the reference price of Xinjiang pick-up and pick-up was 15200 yuan / ton.