Imported Yarn Is Now Trading Lightly, And Market Demand Is Collapsing Obviously. --SICE Daily Market Bulletin (6.16)

domestic

1.3128B cotton 11950 fell 33; 1.5D viscose staple fiber 8700 flat; 1.4D polyester staple fiber 5730 down 20; pure cotton yarn C32S 18700 down 20; rayon yarn 12400 R30S flat; pure polyester T32S 10000 Ping.

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. Xinjiang cotton 3128B Hebei base price difference of about 400-500, now about 12200-12300 yuan / ton, about single negotiation. However, at present, the downstream is gradually entering the traditional off-season, and some cotton mills react to reduce the demand for goods, and the cotton prices continue upward upward pressure when demand is suppressed.

3. the viscose staple market is calm, the price center is weakening, and the downstream mills are signing the bill at a low price. However, the yarn market is still in the doldrums in recent years. 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 unit reduced the warehouse volume and reduced the price concussion, closing 11835, closing the previous trading day +0.00%; the highest price was 11860, the lowest was 11685; the turnover 241780, the position 363038, -12049; CF9-1 month price difference 535, +35. CY2009 closed 19155, compared with the previous trading day -0.83%; the highest reported 19220, the lowest reported 18990; turnover 6317, positions 8513, +51.

　　 5. today, PTA futures trend is strong and volatile, Zhejiang market polyester factory quotes continue to be stable, the actual number of transactions can be negotiated concessions. Downstream textile enterprises to maintain just need to replenish most of the individual low-cost factories shipped slightly better, but the overall market atmosphere is still slant. In the short term, the center of gravity of polyester filament is still dominated by weak finishing. 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's textile city increased incrementally, with a total turnover of 5 million 830 thousand meters, of which 3 million 940 thousand were long silk cloth, 1 million 890 thousand were short fiber cloth, including 410 thousand cotton cloth, 290 thousand TC cloth, 220 thousand TR cloth, 600 thousand R cotton cloth and 370 thousand meters.

international

1.6 ICE 15 cotton market overall fell. The main contract price in December was 58.35 cents, down 68 points; in July, the settlement price was 59.01 cents, or 83 points; in March, the settlement price of the contract was 59.01 cents, down 57 points. Other contracts fell by 31-93 cents.

2. spot prices of cotton in India fell again on Monday. The price of the S-6 ginning factory is 33350 rupees / candi, 56 cents / pound, and the price of Punjab J-34 is 3703 rupees / mod, 59.25 cents / pound. On the same day, the amount of seed cotton listed was 9554 tons of lint, including 4760 tons of Ma bang, 2720 tons of Gujarat Bong and 595 tons of trongan.

　　 3. as of now, locust damage to cotton in Pakistan is relatively small, occurring only in a few cotton regions. But cotton farmers are still worried about its possible damage to cotton and locusts. The government will continue to take measures to eliminate locusts. It is estimated that the total output of cotton will reach 1 million 240 thousand tons -144.5 million tons this year. At the same time, some early sowing cotton fields in the southern part of Sindh province continued to pick and pick, and the price was 3800-4000 rupees /40 kg. 6 cotton ginning plants have been processed.

4. according to the latest data of India's agricultural sector, as of June 11th, the cotton planting area in India was 1 million 891 thousand and 300 hectares, an increase of 360 thousand hectares over the same period last year, an increase of 23.5%, an average increase of 17% over the five years. The cotton planting area in the northern region was 1 million 721 thousand and 100 hectares, an increase of 21% over the same period last year.

5. the imported cotton yarn market is light and stable. The collapse of market demand is obvious, and the mood of cotton yarn is significantly increased. In addition to the good start up in Jiangsu and Zhejiang provinces, the north and Guangdong areas were significantly lower than the previous ones, and the discipline of which countries was reduced to about 36%. At the end of June, when prices are concentrated in Hong Kong and demand collapse, prices are expected to weaken.

6. the imported yarn market today is more stable, the price is stable, and there are a small number of goods. The phenomenon of production and holiday reduction in the downstream factories is increasing. It is difficult to pick up the external procurement, and the price will remain stable and weak.

India's external market price is stable, with less turnover, and some C16S transactions in some parts of the country. Traders C16S US dollar at 1.94 US dollars / kg, and RMB after tax is about 16 thousand and 400 yuan / ton.

The price of Vietnam's external market is stable, and a small number of regular varieties continue to be traded. 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.

The price of Pakistan's external market is stable and weak. Most of the factory's capacity is transferred from siro spinning to other varieties. The siro spinning production load in Pakistan is about 5%, which is difficult to ship in the near future. The second line siro spinning C10S is near us $1.9 / kg, and RMB 15 thousand and 500 yuan / ton after tax.

7. 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 63.5 cents / pound, 1 cents, 13301 yuan below 85 yuan, 1% yuan under the quota tariff, 11136 yuan per ton, or 172 yuan. US cotton EMOT SM shipment period 7/9 month quotation 68.75 points / pound 0.75 cents, discount slip quasi tax offer 13775 yuan / ton fall 77 yuan; 1% quota tariff port self mention 12040 yuan / ton fell 129 yuan. Brazil SM shipment period of 7/9 months quoted 67.8 cents / pound 0.75 cents, discount slip quasi tax offer 13691 yuan / ton fell 67 yuan; 1% quota tariff port price rise 11876 yuan / ton fell 129 yuan.