Import Yarn Internal Trading Can Be Resumed Locally Downstream --SICE Daily Price Bulletin (5.21)

domestic

1.3128B cotton 11801 increased 135; 1.5D viscose staple fiber 8800 flat; 1.4D polyester staple fiber 5900 increased 50; pure cotton yarn C32S 18720 increased 20; cotton yarn 12300 R30S flat; pure polyester T32S 9950 9950 50.

2. cotton spot market continued to adjust the trend, relatively few transactions, a business Xinjiang cotton machine 4129 class Xinjiang base price quoted 150-200 yuan / ton, currently about 11900 yuan / ton; a commercial real estate 3127 Shandong base price -50 yuan / ton, currently about 11700 yuan / ton. At present, the market continues the trend of concussion, but the low position is strong, and the high level is weak. Most businesses are looking at new orders.

3. viscose staple factory prices are stable, there is only room for negotiation, the transaction remains light, the industry fundamentals are still weak, the downstream market is not improving, and the market outlook continues to wait and see. At present, the price of mid end viscose staple fiber is 8800-9000 yuan / ton, and the price of high-end viscose staple fiber is 9300-9500 yuan / ton.

4. Zheng cotton main 2009 contract volume can be reduced, the period price dropped slightly, closing 11790, compared with the previous trading day -0.46%; the highest report 11860, lowest reported 11725; turnover 456207, position 413900, -1851; CF9-1 month price difference 530, +25. CY2009 closed 19360, compared with the previous trading day -0.87%; the highest reported 19455, the lowest reported 19260; turnover 7930, positions 8984, -77.

　　 5. today, the PTA futures trend is stronger, and the price of polyester factories in Zhejiang market is still rising. Downstream purchasing enthusiasm has dropped, the overall production and sales significantly reduced, individual low-cost factories slightly better. It is expected that the centre of gravity of polyester filament will be narrowed in a short time. At present, the mainstream of POY 100D/36F quotation is between 5700-5800 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6600-6700 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8600 yuan / ton.

6. China Textile City passenger reduction and reduction, the total turnover of 7 million 520 thousand meters, of which 4 million 740 thousand tons of filament cloth, 2 million 780 thousand mm of short fiber cloth, of which 540 thousand cotton cloth, TC cloth 380 thousand, TR cloth 310 thousand meters, R cotton 840 thousand, other 710 thousand meters.

international

The 1.20 day ICE cotton market fell in recent months. The main contract price in July was 58.21 cents, down 99 points; in December, the settlement price was 58.79 cents, or 38 points; in March, the settlement price of the contract was 59.58 cents, down 26 points.

2. cotton spot prices rose slightly in India on Wednesday. The price of the S-6 ginning factory is 32650 rupees / candi, 55.05 cents / pound, and the price of Punjab J-34 is 3590 rupees / mod, 57.65 cents / pound. On the same day, the amount of seed cotton listed was 12 thousand tons of lint, including 5440 tons of Ma bang, 3400 tons of Gujarat and 1700 tons in the north.

　　 3. Indonesia imported 55 thousand and 500 tons of cotton in March, which is basically the same as last year. Brazil cotton accounted for the highest proportion of 38% (21 thousand and 300 tons), followed by the United States cotton accounted for 30% (16 thousand and 400 tons), India cotton (7498 tons), Greek cotton (3846 tons) and Australia cotton (2326 tons). The total import of cotton was 407 thousand and 600 tons this year, a decrease of about 9% compared with the same period last year.

4. Taiwan, China, imported 10 thousand and 600 tons of cotton in March, an increase of 56% from last month, a decrease of 19% over the same period last year. Among them, the proportion of US cotton accounted for about 3/4 (7589 tons), followed by Mexico cotton (1489 tons) and Brazil cotton (840 tons). The total import volume this year is 59 thousand and 600 tons, a decrease of 26% over the same period.

5. the import market of the yarn inner market is acceptable, and the downstream factories continue to resume. The traders, traders and domestic and foreign factories have a good turnover, and the market sentiment is better. At present, the market price is stable, some traders have a price increase speculation, the actual cotton yarn price rise is more difficult. At present, cotton yarn traders, cloth factories and grey fabric traders replenish goods. There are both stockpile considerations and urgent needs.

6. the price of imported yarn is stable, but prices have risen locally in India.

The price of India's external market is stable, with a slight increase in local prices. It is reported that domestic demand for cotton yarn has been restored in India, but the number of factories started is not large, and man-made problems have occurred. Therefore, some traders and cotton mills have already raised their prices. Traders JC32S $2.45 USD / kg, and RMB 20 thousand and 800 yuan / ton after tax.

The mainstream price of Vietnam's external market is stable, and the loss of cotton mill is serious. There is no obvious improvement in combing goods. Local factories have been reluctant to sell goods because of the smooth delivery of goods last week. The OEC16S price of the mill is about $1.6 per kilogram, and RMB 13 thousand and 200 yuan / ton after tax.

Pakistan's external price is more chaotic, and local enquiries are increasing. The price of siro spinning C12S is US $345-360 per piece, RMB after tax 1.56-1.63 million yuan / ton.

7. the quotation of foreign cotton to Hong Kong fell slightly today. The shipment period of India cotton Shankar-6 1-5/32 was quoted at 7/9 cents for 65.5 cents / pound, 0.75 cents, 13431 yuan below 62 yuan, 1% yuan under the quota tariff, 11392 yuan per ton, or 128 yuan. US cotton EMOT SM shipment period 7/9 month quotation 69.5 points / pound 1 cents, discount slip quasi tax offer 13804 yuan / ton fall 88 yuan; 1% quota tariff port self mention 12075 yuan / ton 171 yuan. Brazil SM shipment period of 7/9 months quoted 69.2 cents / pound 1 cents, discount slip quasi tax offer 13769 yuan / ton fell 101 yuan; 1% quota tariff port price rise 12024 yuan / ton fell 171 yuan.