Pakistan Domestic Cotton Market Light --SICE Daily Market Bulletin (6.8)

domestic

1.3128B cotton 12003 increased 81; 1.5D viscose staple fiber 8800 flat; 1.4D polyester staple fiber 5900 increased 100; pure cotton yarn C32S 18730 increased 10; cotton yarn 12400 R30S flat; pure polyester T32S 10000 10000 50.

2. Zheng cotton futures rose slightly lower than the market confidence, but the spot market is still not fast, a business Xinjiang cotton machine 3129 Shandong library quoted at about 500 basis, currently about 12500 yuan / ton. However, at present, the downstream is gradually entering the traditional off-season, and some cotton mills have already responded, and the goods have been reduced.

3. viscose staple fiber price center maintained stable, chemical fiber manufacturers stable prices mainly, trading remains flat, downstream users follow suit, waiting for the opportunity to buy, the market outlook continues to wait and see. 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. the 2009 contract of zhengmian main contract reduced the stock and reduced the stock price, and the price closed cross star, closing 11985, compared with the previous trading day +0.63%; the highest report was 12155, the lowest was 11935; the turnover 547674, the position 403532, -7676; CF9-1 month price difference 535, +5. CY2009 closed 19475, compared with the previous trading day -0.20%; the highest reported 19765, the lowest reported 19475; turnover 10452, positions 9082, -107.

　　 5. due to the enthusiasm of polyester raw materials and downstream stockings, the price of polyester factories in Jiangsu has been raised up to the end of the two-day weekend. The atmosphere of the transaction has maintained a good atmosphere, and some of the salable specifications are even in short supply. At present, the start-up rate of downstream textile enterprises has remained stable, and the trend of polyester raw materials is strong. It is expected that polyester market will still increase slightly in the near future.

　　 6. China Textile City passenger reduction and reduction, the total turnover of 6 million 550 thousand meters, of which 4 million 310 thousand tons of filament cloth, 2 million 240 thousand mm of short fiber cloth, of which 390 thousand cotton cloth, TC cloth 370 thousand, TR cloth 240 thousand meters, R cotton 650 thousand, other 590 thousand meters.

international

1.5 ICE cotton market has substantially increased. The main contract price in December was 60.98 cents, up 140 points; in July, the settlement price was 61.79 cents, up 179 points; in March, the settlement price of the contract was 61.39 cents, up 117 points. Other contracts rose by 114-154 points.

2. cotton spot prices rose slightly in India last Friday. The price of the S-6 ginning factory is 33000 rupees / candi, 55.75 cents / pound, and the price of Punjab J-34 is 3650 rupees / mod, 58.75 cents / pound. On the same day, the amount of seed cotton listing was 11 thousand and 100 tons of lint cotton, including 5100 tons of Ma bang, 3740 tons of Gujarat, 595 tons in the north and 595 tons in trongan.

　　 3. Pakistan's domestic cotton market continued to slump, trading was slack, trade has not improved. Despite the recent strong new stage, the textile mill's purchasing intention is not strong, and the ginning factory is worried about a large number of stocks. According to the different quality, the pickup price of the middle level cotton mill is lower than that of 7400-8400 rupees / Moore.

4. today, the import of cotton yarn market is light, the price is stable, traders are slow to ship, and market demand is still weak. The stronger renminbi made traders good profits in June, and the market sentiment was good. However, the price caused by the fall in port cost made the market pessimistic about the price of cotton yarn in the future. Under the shortage of orders, the start-up of the cloth plant is expected to descend in June. It has been very obvious that the north region has borrowed the wheat harvest for a long time. After June 19th, it will probably drop sharply.

5. the purchase situation of imported yarn today tends to be calm, and China's inquiry continues partially, but the price is generally low, and some orders are still being discussed. At present, there are about 31 days for China's pure cotton cloth billet storage, and it is expected that the phenomenon will be increased. The export market of imported yarn will be dominated by price purchase before the downstream export orders are restored.

India's external market is stable, and Chinese buyers are offering lower prices. Individual varieties such as JC40S knitted goods are shipped smoothly in India local market, which is needed for India underwear orders. Traders C21S quote is still around 2 U.S. dollars / kg, RMB after tax of about 17 thousand yuan / ton, turnover was light.

Vietnam's pure cotton yarn has not changed much, and the price is low. The C32S price of a local cotton mill is $2.32 per kilogram and RMB 19 thousand and 100 yuan / ton after tax.

Pakistan's siro spinning quotes are steady, basically based on a single talk. Pakistan Siro textile quotation is steady, local traders second line is better, siro spinning C10S offers higher price in 355 USD / piece, RMB after tax 16 thousand and 200 yuan / ton, ship upside down.

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 67 cents / pound, up 1.25 cents, 13612 yuan up 116 yuan under the discount tax, 1% yuan under the quota tariff, 11738 yuan per ton, or 215 yuan. US cotton EMOT SM shipment period 7/9 month quoted 71.5 points / pound 1.5 cents, the discount slip quasi tax offer 14049 yuan / ton up 147 yuan; 1% quota tariff port self reported 12513 yuan / ton up 258 yuan. Brazil SM shipment period 7/9 month quoted 71 cents / pound 1.5 cents, the discount slip quasi tax offer 14001 yuan / ton up 149 yuan; 1% quota tariff port price increase 12427 yuan / ton up 258 yuan.