The Yellow River Basin: The Market Continues To Be Pessimistic.

Recently, the markets in Shandong and Hebei are still pessimistic, mainly in the following aspects:

1, yarn continues to fall. As of April 16th, the price of C21S and C32S in a factory in Ji'nan, Shandong was 18200 yuan / ton, 19200 yuan / ton, compared with 200 yuan / ton at the beginning of this week (13 days), compared with the first month of this month, it fell 600 yuan / ton. In addition, some combed high count yarn fell synchronously. As of 16 days, the price of combing JC50S in a factory in Henan was 26300 yuan / ton, and the price of JC60S was 27600 yuan / ton, compared with 500-700 yuan / ton in the previous week.

In addition, polyester and cotton yarn quotation also showed a downward trend. As of 16 days, Hebei Shijiazhuang, Gaoyang and other places pure polyester yarn T32S in 10000-10100 yuan / ton, polyester cotton yarn (TC65/35) 45S mainstream quotation in 15000-15500 yuan / ton, the actual turnover is light.

According to the market, the fundamental reason for the decline of yarn is the pessimistic mentality of the market and the sharp reduction in foreign trade orders.

2, although cotton bottoms up, but the transaction is not smooth. Recently, Zheng cotton has basically returned to operation above 11000 yuan / ton, and showed a narrow oscillation trend. Spot prices also increased. As of April 16th, a trader in Henan, Zhengzhou, "double 28" Xinjiang hand picking cotton price quoted at 11500 yuan / ton, "double 29" price in the vicinity of 11800 yuan / ton, all are pick-up price, including tax. Compared with the first half of April, it rose by 500-600 yuan / ton, but cotton spot trading was very cold.

On the 16 day, a boss of a cotton ginning factory said that there were about 70 tons of real estate cotton at present. At present, the price is 11200 yuan / ton (delivery price and ticket).

3, chemical fiber, viscose staple fiber price increases, general sales. As of April 16th, the price of 1.4D*38mm direct spun polyester staple in the Yellow River basin was 5900-6000 yuan / ton, up nearly 800 yuan / ton compared with 5200 yuan / ton in the previous week. There are two reasons for the rise of PET staple: first, the slump in March has reached the bottom; the two is the rebound in international crude oil leading to the rise of chemical fiber.

Recently, the middle end viscose staple fiber price quoted is near 9100 yuan / ton, slightly increased 100 yuan / ton compared with the beginning of this week. The transaction is still relatively light, and the downstream is mainly on credit.