China Cotton Association Went To Many Places To Investigate, And There Is A Certain Difficulty In The Price Increase Of Raw Materials And Products.

During the week, the spot price of cotton at home and abroad continued to decline, slowing down.

Downstream wait-and-see sentiment rose, the reserve cotton turnover rate declined, textile enterprises long orders reduced, product inventories increased, gauze market prices continued to decline.

First, cotton prices continue to fall, and the average cotton price difference between home and abroad is nearly 2000 yuan per ton.

In May 10th, the United States imposed a tariff of 25% on China's exports to the United States, and China was forced to fight back. The escalation of Sino US trade friction caused market volatility. In May 13th, Zheng cotton opened to a limit, and cotton reserves began to flow.

When the average price of 3128 grade cotton in Zhou was 14764 yuan / ton, 602 yuan per ton fell from the previous week, the settlement price of the main contract for cotton futures in Zhengzhou was 14195 yuan / ton, down 975 yuan / ton from the previous week.

On the 13-19 th of May, the US cotton futures continued to decline, but the decline and intensity were somewhat weakened. The US cotton, Australia cotton and Brazil cotton all fell to varying degrees.

The average price of the weekly CotlookA index fell 77.31 cents / pound, down 4.82 cents / pound from the previous week, and the settlement price of New York cotton futures contract was 65.99 cents / pound, down 2.46 cents / pound compared with the previous week.

As the price of cotton fell by more than domestic cotton prices, the difference between domestic and foreign cotton prices was further expanded. The average spot price difference between cotton and domestic cotton was 1972 yuan / ton during the week, up 182 yuan / ton compared with the previous week.

Two, chemical fiber short turnover light, prices down

When week, the price reduction operation of viscose factory has no obvious effect on sales volume, and the market turnover is light, and prices continue to be explored.

Polyester raw materials continue to down, the market is empty, manufacturers continue to cut prices, but goods are still slow.

The average price of viscose staple fiber was 11992 yuan / ton, compared with the previous week, the average price was 298 yuan / ton, and the average price of polyester staple was 8388 yuan / ton, down 118 yuan / ton compared with the previous week.

Three, the price of gauze continues to weaken.

On the 13-19 th of May, cotton futures fell sharply, and the spot price of cotton yarn dropped sharply. The textile enterprises reflected the strong mood of wait-and-see sentiment in the downstream market, less orders and high inventory of products.

During the week, the average price of 32 cotton combed yarn was 22552 yuan / ton, down 197 yuan / ton compared with the previous week.

When the import yarn trade was available, traders actively shipped.

Because of the depreciation of the RMB and the downward trend of the spot price, the price of imported yarn is relatively slow, and the price difference between inside and outside cotton yarn is narrowed.

The average price of 32 Cotton Combed Yarns in India was 60 yuan / ton compared with the previous week, and the average price difference between the 32 cotton combed yarn was 612 yuan / ton compared with the previous week. The average price difference between the 32 cotton combed yarn was 612 yuan / ton, which was reduced by 137 yuan / ton compared with the previous week. The average price of 32 cotton pure cotton combed yarn in Vietnam was 21540 yuan / ton, which was reduced by 60 yuan / ton compared with the previous week, and the average price difference between domestic and 32 cotton pure cotton combed yarn was 1012 yuan / ton, which was reduced by 32 yuan / ton compared with the previous week.

The grey fabric market is not well traded, the price is much lower, the shipment of the weaving factory is slowing down, and the stock continues to increase.

When Zhou Chunmian gray cloth (32*32130*70 2/1 47 "twill") average price of 5.46 yuan / ton, compared with the previous week dropped 0.01 yuan / meter.

Four, outlook for the future

Recently, China Cotton Association went to Jiangsu, Zhejiang, Guangxi, Guizhou and other places to conduct research and research. The investigation and management of the enterprises basically remained stable, but they were worried about the macroeconomic environment and Sino US trade frictions.

In the short term, the Sino US trade friction has a direct impact on the cotton textile industry, but the future uncertainty is bigger.

It is expected that the demand for short-term domestic demand is still in the doldrums, and there will be some difficulties in the price increase of raw materials and products.