India'S Cotton Spot Price Stabilise, South Starts Planting --SICE Daily Price Bulletin (6.15)

domestic

1.3128B cotton 11983 fell 100; 1.5D viscose staple 8700 down 100; 1.4D polyester staple fiber 5750 down 70; pure cotton yarn C32S 18720 fell 15; rayon yarn R30S 12400 flat; pure polyester T32S 10000 dropped 50.

2. cotton spot market continued to adjust the trend, the overall goods are relatively poor, a businessman Shandong real estate 3128B quoted price in 11900 yuan / ton, real single negotiation concessions, the overall goods are not smooth. 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 market atmosphere is light, chemical fiber factory low price promotion, downstream users bargain, sticky short big factory price is slightly difficult, its main users get goods basically below 9000 yuan / ton, the market outlook continues to wait and see. At present, the price of mid end viscose staple fiber is 8600-8800 yuan / ton, and the price of high-end viscose staple fiber is 9000-9200 yuan / ton.

4. the 2009 contract of zhengmian main contract was reduced by warehouse increment, and the period price fell mainly, closing 11715, compared with the previous trading day -1.31%; the highest was 11955, the lowest was 11700; the turnover 382097, the position 375143, -2688; CF9-1 month price difference 500, -15. CY2009 closed 19020, compared with the previous trading day -1.73%; the highest reported 19465, the lowest reported 18190; turnover 8612, positions 8462, -103.

　　 5. today, the PTA futures trend is sorted and sorted out. The quotations of polyester factories in Zhejiang market are still dominated by stability. Downstream textile business wait-and-see mentality occupy the mainstream, multi-dimensional just need to replenish goods, low enthusiasm for procurement. In the short term, the core weight of polyester filament is weak. At present, the mainstream of POY 100D/36F quotation is between 5850-5950 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6700-6800 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8450-8650 yuan / ton.

　　 6. China Textile City passenger reduction and reduction, the total turnover of 5 million 510 thousand meters, of which 3 million 690 thousand tons of filament cloth, 1 million 820 thousand mm of short fiber cloth, of which 380 thousand cotton cloth, TC cloth 250 thousand, TR cloth 200 thousand meters, R cotton 530 thousand, other 460 thousand meters.

international

1.6 ICE 12 cotton market overall fell. The main contract price in December was 59.03 cents, down 46 points; in July, the settlement price was 59.84 cents, or 18 points; in March, the settlement price of the contract was 59.58 cents, down 44 points.

2. last Friday, India's cotton spot quotes were basically stable. The price of the S-6 ginning factory is 33750 rupees / candi, 56.80 cents / pound, and the price of Punjab J-34 is 3690 rupees / mod, 59.15 cents / pound. On the same day, the amount of seed cotton listed was 10 thousand and 300 tons of lint, including 4760 tons of Ma bang, 3060 tons of Gujarat and 595 tons of northern and tern gaina.

According to local reports, tren gaina, Andhra Pradesh, Karnataka and Gujarat have all started planting.

　　 3. today, the import of cotton yarn in the spot market is generally trading, traders are not fast enough, and market demand is still weak. Under the off-season, the start up of all regions has been reduced, and the market is expected to be stable in the near future. After the end of June, with the increase in port and the deterioration of supply and demand, if traders are unwilling to enter the warehouse and increase their costs, there may be a phenomenon of "price cutting and selling", and the price may be running weak.

4. the quotation of imported yarn is steady rising today, and the inquiry rate of the regular varieties is continuous. The price of the order has been stable, and the overall purchase of the outside market is rather light. Downstream cotton cloth factory due to enter the traditional off-season, the phenomenon of lower boot and holiday, import yarn price has no upward momentum.

India's external quotation has steadily increased, and the price increases are mainly knitted yarn. The turnover in India was rather divided. Local suppliers said that other countries such as Bangladesh continued to make enquiries, but the actual orders were less, and local suppliers had more business in June. Buyers in China are offering lower prices and factories and traders are reluctant to sell. C21S US dollar quotation is more chaotic, in 2-2.1 USD / kg, RMB after tax is about 1.7-1.78 yuan / ton.

The price of Vietnam's external market is stable, and demand changes little. Sales of regular comb varieties continue, and factories are still in a deficit situation. The partial traders C32S can float US dollar quotation high, in 2.28-2.33 US dollar / kilogram, Renminbi after tax approximately 1.86-1.9 yuan / ton, the transaction is light.

Pakistan's external market has been stable and strong, and China's demand has been running low in recent years. The price of Pakistan's external market is stable, and the second part of the second tier siro spinning C8S US $343-348 / piece, RMB after tax is about 1.55-1.57 yuan / ton.

5. 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 64.5 cents / pound, 0.45 cents, 13386 yuan below 37 yuan, 1% yuan under the quota tariff, 11308 yuan per ton, or 77 yuan. US cotton EMOT SM shipment period 7/9 month quotation 69.5 points / pound 0.25 cents, discount slip quasi tax offer 13852 yuan / ton fall 25 yuan; 1% quota tariff port self mention 12169 yuan / ton fell 43 yuan. Brazil SM shipment period of 7/9 months quoted 68.55 cents / pound 0.45 cents, discount slip quasi tax offer 13759 yuan / ton fell 42 yuan; 1% quota tariff port price rise 12005 yuan / ton fell 77 yuan.