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    Tajik New Cotton Planting Will Soon Be Completed Less Than Expected --SICE Daily Quotes

    2020/5/26 11:10:00 8

    Market Quotation

    domestic

    1.3128B cotton 11843 fell 57; 1.5D viscose staple fiber 8800 flat; 1.4D polyester staple fiber 5850 down 30; pure cotton yarn C32S 18720 flat; cotton yarn 12300 R30S flat; pure polyester T32S 9950 flat.

    2., the cotton market continues to adjust, and merchant shipping takes the lead. The price of a bare base difference between a 29 grade Xinjiang warehouse warehouse and a cotton mining machine is about slightly higher at -250, or about 11700-11800 yuan / ton. At present, the market continues the trend of concussion, but the low position is strong, and the high level is weak.

    3. viscose staple fiber market remained calm, the market was buying light gas, chemical fiber factory to carry out pre orders, new single negotiated bargaining, downstream just need to shrink, the market outlook continued 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 fell slightly, closing 11620, compared with the previous trading day -0.64%; the highest report 11635, lowest reported 11455; turnover 410642, position 390578, -14671; CF9-1 month price difference 535, +5. CY2009 closed 19330, compared with the previous trading day +0.13%; the highest reported 19330, the lowest reported 19050; turnover 7295, positions 8307, -98.

       5. today, PTA futures trend collation, Zhejiang market polyester factory quotes continue to be stable. The downstream textile enterprises mostly rely on the raw material inventory of their hands, and their enthusiasm for purchasing is not high. In the short term, the focus of polyester filament maintenance is narrow. 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 6 million 820 thousand meters, of which 4 million 450 thousand tons of filament cloth, 2 million 370 thousand mm of short fiber cloth, of which 370 thousand cotton cloth, TC cloth 320 thousand, TR cloth 330 thousand meters, R cotton 810 thousand, other 540 thousand meters.

    international

    The 1.22 day ICE cotton market continued to decline. The main contract price in July was 57.61 cents, down 45 points; in December, the settlement price was 57.81 cents, or 89 points; in March, the settlement price of the contract was 58.73 cents, down 74 points. Other contracts fell by 7-47 points.

    2. in India last Friday, the pickup price of S-6 ginning factory declined slightly, at 32900 rupees / candi, which was 55.40 cents / pound. The price of Punjab J-34 was steady, 3595 rupees / mod, 57.65 cents / pound. On the same day, the amount of seed cotton listed was 13 thousand tons of lint, including 5950 tons of Ma bang, 3740 tons of Gujarat and 1700 tons in the north.

       3. Tajikistan is about to complete its cotton planting in the near future. There are some uncertainties during the 2020/21. First, at the time of planting sowing, but frequent rain weather has a certain impact on it. Second, local cotton ginning mills and traders have difficulties in financing earlier, and cotton growers' enthusiasm for cotton planting has not been promoted by 2019/20 cotton prices. Third, the enthusiasm of cotton farmers has been reduced by the impact of the new crown epidemic.

    It is expected that the weather will return to clear weather in the near future and the temperature will be 30 degrees during the day. Tajik's official data on cotton planting area will be released in early June, but according to local private sector estimates, the total cotton planting area will not reach the initial target of 18-19 hectares. In addition, there will be no plan for planting long staple cotton this year due to the shortage of long staple cotton seeds, the superposition of the above bad weather and the lack of demand.

    4. today, the import market of cotton yarn is generally traded, but the shipments of traders are continuous but not fast, and the price of cotton yarn is stable. After a wave of replenishment, the market of cotton yarn tends to be quiet. The performance of downstream cloth factories started to differentiate. Generally speaking, the northern region generally recovered well in Jiangsu and Zhejiang provinces and maintained in Guangdong. Cotton inventory is going to be small, but the whole is still large. If there is no new order coming, the market will still go bad.

    5. imports of yarn outer plate: Pakistan because of the majority of cotton mills and traders on Eid al Fitr closed until May 27th, is expected to restart on 28 days 29 days. The price of India's external market is steady, and some factories continue to reduce production, and a small number of goods are transported. According to the factory feedback, during the break of the festival, the cotton mill still maintained production, and the factory OEC7S 1550CSP was quoted at US $1.27 / kg, and the tax was about 10 thousand and 100 yuan / ton after tax. Vietnam's foreign exchange trading remains slack over the weekend, and the market's main varieties are still stable. C32S can be quoted at $2.25-2.29 / kg, RMB 1.85-1.88 after tax.

    6. 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 64.25 cents / pound, 1 cents, 13320 yuan below 83 yuan, 1% yuan under the quota tariff, 11178 yuan per ton, or 171 yuan. US cotton EMOT SM shipment period 7/9 month quotation 68.5 points / pound 1 cents, discount slip quasi tax offer 13701 yuan / ton fall 103 yuan; 1% quota tariff port self mention 11905 yuan / ton fell 171 yuan. Brazil SM shipment period of 7/9 months quoted 68.45 cents / pound 0.5 cents, discount slip quasi tax offer 13703 yuan / ton fell 40 yuan; 1% quota tariff port price rise 11896 yuan / ton fell 85 yuan.

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