Generally Speaking, The Market Of Cotton Yarn Is Low And The Market Demand Is Pessimistic.
The cotton yarn market is still promising, with less momentum and more stable prices. At present, the downstream demand is slack, the overall order of textile enterprises is insufficient, and the cost of cotton gradually increases, and the loss of textile enterprises is aggravated, and the overall mentality is pessimistic. After the market gradually entered the traditional off-season, pure cotton yarn market is expected to maintain a weak market.
[market overview]
Today cotton spot trading is basically stable, the overall turnover is still deserted. Today, Zheng cotton futures fell sharply, CF2009 closed 12020 yuan / ton, down 75, CF2101 closed 12540 yuan / ton, or 90.
Direct spinning polyester and short price stability, high turnover light, downstream to digest raw material inventory, half light 1.4D mainstream trading center of gravity maintained at 5900-6100 yuan / ton nearby. Jiangsu pure polyester yarn sales are flat, T32S mainstream reported 10200 yuan / ton, Shandong polyester cotton yarn quotes to maintain, TC65/35 32S mainstream newspaper 14000-14400 yuan / ton.
Viscose staple fiber has been temporarily stable after some recent loosening. The median fiber is normally shipped in the range of 8800-8900 yuan / ton.
The price of polyester cotton yarn has risen slightly, and the price of other varieties of yarns has been stable and stable.
The market price of imported cotton yarn today is stable, and the turnover is still general and the market is stable. The market is decreasing at a low price and there is a slight upward trend in the price center. Traders' sentiment and confidence were relatively good, mainly due to the drop in the cost of coming to port, and traders' profit level was good.
Today, the price of imported yarn market is stable and strong. The price of India's external market is stable. Local factories feedback on European combed yarn has more new orders. Local traders JC32S US dollars at around us $2.45 / kg, RMB 20 thousand and 700 yuan / ton after tax. Vietnam's external market is stable, with a small turnover. The price of partial OEC21S is 1.65-1.67 USD / kg, RMB after tax is about 1.36-1.37 yuan / ton. The price of Pakistan's external market is stable. The C10S price of the US $15 thousand and 800 is 350 yuan per month, and the tax is about $15 thousand and 800 / ton after tax.
According to the volume statistics of China Textile City, the total sales volume of grey cloth today is 6 million 970 thousand meters, which is 470 thousand meters lower than that of yesterday. Among them, 4 million 670 thousand tons of chemical fiber cloth were sold today, accounting for 67% of the total sales, and 430 thousand tons of cotton cloth, accounting for 6.2% of the total sales, and 670 thousand tons of cotton cloth, accounting for 9.6% of the total sales.
Pricing structure and arbitrage analysis
As of June 10th, domestic CY C32 price was 18700 yuan / ton (0), India C32S price 18300 yuan / ton (0), price difference 400, Vietnam jet C32S price 18480 yuan / ton (0), price difference 220, no arbitrage opportunities.
[technical analysis]
In June 10th, the price of cotton yarn 09 contract dropped. The highest price is 19605 yuan / ton, the lowest price is 19495 yuan / ton, closing price is 19525 yuan / ton, compared with the previous trading day, it dropped 75 points, and the position was 8999, which was 254 less than that of the previous trading day.
[outlook]
The price of cotton yarn CY009 contract rose today. The cotton market is generally traded, and the market is in the off-season. The cotton yarn market is generally pessimistic. It is advisable for speculators to wait and see. (for reference only)
- Related reading
Shenda Shares (600626): Overseas Holding Subsidiary PFI Applied For Bankruptcy Liquidation
|The Tension Of Life On A Piece Of Silk -- How Wonderful The Silk Textile Industry Of Wujiang Is
|The Protective Clothing Of Masks Has Become An Important Support. How Did Exports Of China'S Textile And Clothing Trade Last April?
|- DIY life | BBC X The Hundreds New Joint Name "Black Lives Matter" Tee
- Bullshit | New Era X Bulletproof Youth Group New Series Hat Hat Appreciation
- financial news | The Net Inflow Of Hong Kong Stocks Has Exceeded 250 Billion Yuan During The Year When The Fund Was Accelerated.
- financial news | 700 Billion Large Collection Of Products, Public Collection And Upgrading Of Public Products Is Coming: Many Agencies To Accelerate The Transformation Of Products To Promote The Head Of Securities Companies Frequent Bursts Of Money
- financial news | First Batch Of New Three Board Public Offering Fund Sales Hot And Cold Uneven Selection Layer Acceleration Fund Company Cautiously "Enters The Bureau".
- financial news | Film And Television Listed Companies "Save Themselves": Selling Houses, Issuing New Shares, Changing The Content To Be King Or Changing The Channel Online.
- Expert commentary | Wei Jian Strictly Controlled Hospital Drug Use: 20 Kinds Of Divine Drugs, 18 High-Value Consumables Accounted For The Proportion Of Refined Assessment.
- Expert commentary | Lu Zhengyao'S "Business Empire" Is In Trouble.
- Expert commentary | The "Lost" Tenant: The Rent Is Falling.
- Expert commentary | Central To The "Fierce Battle": 10 Billion Assets Will Fall To Whom?
- Shenda Shares (600626): Overseas Holding Subsidiary PFI Applied For Bankruptcy Liquidation
- The Tension Of Life On A Piece Of Silk -- How Wonderful The Silk Textile Industry Of Wujiang Is
- Small Target Of "Liaoning Women'S Clothing City": It Has A Place In The National Women'S Clothing Industry.
- The First Live Broadcast Festival Of Fuli International Trade Port Is Simply Too Explosive.
- Zara凈虧4億歐元直播帶貨是逆轉的趨勢嗎
- Cross Border Trading: GUCCI Takes The Lead In Popular Tennis Games And Releases New Tricks.
- Market Fragmentation And Economic Boom May Not Necessarily Affect Shopping Centres.
- Greece Jewelry Brand Folli Follie Hongkong Closes Store
- BBC X The Hundreds New Joint Name "Black Lives Matter" Tee
- New Era X Bulletproof Youth Group New Series Hat Hat Appreciation