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    The Price Of Cotton To Hong Kong Rose Slightly Today --SICE Daily Express (5.27)

    2020/5/28 13:57:00 146

    Market Quotation

    domestic

    1.3128B cotton 11848 increased 17; 1.5D viscose staple fiber 8800 flat; 1.4D polyester short fiber 5800 flat; pure cotton yarn C32S 18720 flat; cotton yarn 12300 R30S flat; pure polyester yarn 9900 9900 50.

    2. cotton market continues to adjust, merchant shipping takes the lead. A business Xinjiang cotton machine adopts double 29 storehouse Xinjiang warehouse warehouse cotton bare base price quoted at -250, about slightly higher, about 11800 yuan / ton, another business Xinjiang cotton picker double 29 Shandong storehouse bare base price quoted at -100 or so low, about 12200 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 prices remain stable, chemical fiber factory operating space is limited, signing the bill is more difficult, high price is difficult to implement, stock can not return to normal level. At present, the price of mid end viscose staple fiber is 8800-8900 yuan / ton, and the price of high-end viscose staple fiber is 9200-9300 yuan / ton.

    4. Zheng cotton main contract 2009 contract increase, pay attention to the 20 day average line support, closing 11605, compared with the previous trading day -0.17%; the highest reported 11735, lowest reported 11585; volume 415665, position 394852, +3752; CF9-1 month price difference 535, -5. CY2009 closed 19340, compared with the previous trading day -0.23%; the highest reported 19520, the lowest reported 19280; turnover 6084, positions 8198, -99.

       5. today, the trend of PTA futures is sorted and sorted out. The quotation of Zhejiang polyester market continues to be stable, and partial preferential sales promotion is more obvious. Downstream textile enterprises overall purchasing sentiment bias, local low-cost factory sales are more popular. In the short term, the narrow center of polyester core weight is mainly local or weak. 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's textile city increased incrementally, with a total turnover of 7 million 680 thousand meters, of which 4 million 920 thousand were long silk cloth, 2 million 760 thousand were short fiber cloth, including 550 thousand cotton cloth, 380 thousand TC cloth, 340 thousand TR cloth, 810 thousand R cotton cloth and 680 thousand meters.

    international

    The 1.26 day ICE cotton market rebounded. The main contract price in July was 58.23 cents, up 62 points; in December, the settlement price was 58 cents, up 19 points; in March, the settlement price of the contract was 58.87 cents, up 14 points. Other contracts rose by 14-23 points.

    2. cotton spot prices in India were basically stable on Tuesday. The price of the S-6 ginning factory is 32900 rupees / candi, 55.35 cents / pound, and the price of Punjab J-34 is 3600 rupees / mod, 57.75 cents / pound. On the same day, the amount of seed cotton listed was 13 thousand and 300 tons of lint, including 5950 tons of Ma bang, 4250 tons of Gujarat and 1530 tons in the north.

       3. according to data from the Japanese Cotton Trading Association (JCTA), Japan imported 5779 tons of cotton in April, an increase of 30% over the same period last year. The total volume of cotton imports this year amounted to 39 thousand and 900 tons, an increase of 13% over the same period. Among them, the proportion of US cotton accounted for more than 54% (21 thousand and 700 tons), followed by AO cotton (5924 tons), Brazil cotton (4665 tons), Greek cotton (4590 tons) and so on.

    4. today, the spot market of imported cotton yarn is stable, and the market maintains 3-4 turnover atmosphere. Cloth factory boot maintenance, demand based replenishment, traders mood is very cautious, more worried about the needs of the future market, said, "the current situation can be maintained well." From the order, the demand recovery is not fast, but the author recently investigated the situation in Turkey, found that European orders have gradually recovered signs, Italy orders have been restored, from the point of time, 6-7 months, China can receive a wave of orders, or can form a support for the market, but the order quantity is still difficult to assess.

    5. the price of imported yarn is stable today, and the turnover is light. Factories in India are increasing, but factories are still running low. The price of Vietnam's external market is steady. The cotton mill with tentative price increases has not been traded, and demand has not been improved. Pakistan will continue to operate on a low startup after the festival.

    6. the quotation of cotton to port increased slightly today. The shipment period of India cotton Shankar-6 1-5/32 was quoted at 7/9 cents for 64 cents / pound, up 0.25 cents, 13301 yuan up 30 yuan under the discount tax, 1% yuan under the quota tariff, 11136 yuan per ton, or 43 yuan. US cotton EMOT SM shipment period 7/9 month quoted 68.5 points / pound 0.5 cents, the discount slip quasi tax offer 13701 yuan / ton up 41 yuan; 1% quota tariff port self reported 11905 yuan / ton up 85 yuan. Brazil SM shipment period 7/9 month quoted 68.2 cents / pound 0.5 cents, the discount slip quasi tax offer 13676 yuan / ton up 42 yuan; 1% quota tariff port price increase 11853 yuan / ton up 85 yuan.

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