Raw Materials Are Being Hit, And Yarn Is Stable.

 

In August 2nd, the main cotton CF1909 contract closed at 12670 yuan / ton, down 360 yuan / ton. The turnover rate of reserve cotton has declined, and the transaction price has also declined.

 

During the week, the spot market was generally deserted. As of August 4th, Xinjiang's "double 29" hand picked cotton price was quoted at 14200-14250 yuan / ton, and the "double 29" Northern Xinjiang cotton picking price was quoted at 14000-14100 yuan / ton, and the "double 28" North Korean machine picked cotton weight was quoted at 13700-13800 yuan / ton, compared with the previous week, compared with the previous week, it dropped 100 yuan / ton.

 

During the week, most of the cotton in Xinjiang has been hung up, and cotton growers have strong confidence in increasing production. But the ginning factory's enthusiasm is not high, and there are many renting and selling lines. The cotton in the mainland is in full bloom stage. But excessive rainfall in the the Yellow River basin during the week affected cotton growth.

 

Other raw materials. Polyester staple fiber continued to weaken during the week.

 

In August 4th, the direct spinning polyester and short news reports of 1.4D*38mm in Jiangsu and Zhejiang provinces were 7700 yuan / ton, down 200 yuan / ton compared with July 26th, and sales volume was generally small. The viscose staple fiber of 1.5D*38mm in Jilu region was 11900 yuan / ton, and viscose staple fiber of 1.2D*38mm was 11800 yuan / ton, which was 100 yuan / ton lower than that in July 26th.