India Cotton Spot Price Edged Up --SICE Daily Price Bulletin (6.19)

domestic

1.3128B cotton 12011 increased 28; 1.5D viscose staple fiber 8700 flat; 1.4D polyester short fiber 5730 flat; pure cotton yarn C32S 18660 down 10; cotton yarn 12400 R30S flat; pure polyester T32S 10000 flat.

2. cotton market continues stalemate, prices are basically maintained, the trading atmosphere is relatively general, Xinjiang cotton machine 3129B class Shandong base difference quoted price of 600-800 yuan / ton, about 12500-12700 yuan / ton, a single negotiable negotiable, merchants are relatively unsmooth goods. 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 is calm, chemical fiber manufacturers to carry out pre orders, downstream cotton mills after low replenishment, continue to warehouse, take the goods slowed down, and generally believe that prices will continue to fall. At present, the price of mid end viscose staple fiber is 8500-8700 yuan / ton, and the price of high-end viscose staple fiber is 8900-9100 yuan / ton.

4. Zheng cotton main CF009 contract opened at 11890 yuan / ton, closing at 11910 yuan / ton, up 45 yuan / ton on the previous day, or 0.38%, 256469 hands in volume and 2947 hands to 358467 hands.

　　 5. today, the trend of PTA futures is strong, and the quotations of polyester factories in Zhejiang market are still dominated by stability. Downstream textile enterprises continue to maintain just need replenishment, cautious wait-and-see mentality is obvious, the market trading atmosphere is light. It is expected that the trend of polyester centroid will be narrower in the two-day weekend. 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 6600-6700 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 6 million 490 thousand meters, of which 4 million 210 thousand tons of filament cloth, 2 million 280 thousand mm of short fiber cloth, of which 470 thousand cotton cloth, TC cloth 260 thousand, TR cloth 280 thousand meters, R cotton 740 thousand, other 530 thousand meters.

international

1.6 ICE 18 cotton market overall fell. The main contract price in December was 59.52 cents, down 48 points; in July, the settlement price was 61.17 cents, or 17 points; in March, the settlement price of the contract was 60.22 cents, down 31 points. Other contracts fell by 31-150 points.

2. spot prices in India edged higher on Thursday. The price of the S-6 ginning factory is 33450 rupees / candi, 56 cents / pound, and the price of Punjab J-34 is 3680 rupees / mod, 58.70 cents / pound. On the same day, the amount of seed cotton listed was 10 thousand and 400 tons of lint, including 5270 tons of Ma bang, 3400 tons of Gujarat and 578 tons of trongan.

　　 3. Taiwan, China, imported 8032 tons of cotton in April, a decrease of 24% from last month, a decrease of 33% over the same period last year. Among them, the proportion of US cotton accounted for the highest, exceeding 3/4, while the rest came from South African cotton (709 tons), Mexico cotton (479 tons), India cotton (470 tons) and so on. The total import volume this year is 67 thousand and 600 tons, a decrease of 27% over the same period.

4. the imported spot market of cotton yarn is light trading today. Traders' quotations are steady and the actual transaction price is partial and cloudy. At present, the demand for port stocks is weak, and the market supply exceeds demand is very obvious. In the mainstream of Jiangsu and Zhejiang, the price of imported C32s woven air-jet drifting is around 18600-18700 yuan / ton, and the turnover is about 18400 yuan / ton. The price of airstream spinning has decreased by 100-200 yuan / ton, and the price of OEC21s jet bleaching is about 13700-13900 yuan / ton.

5. the market of imported yarn has little change, and the US dollar price is stable.

The price of India's external market is stable and weak, and the turnover is light. The price of Chinese combed yarn is continuous, but the price is low, and orders are hard to negotiate in the case of Bangladesh's demand. The C32S knitting price is quoted at US $2.24 / kg, RMB 19 thousand yuan / ton after tax.

The price of foreign currency in Vietnam is stable, and the partial turnover of air spinning and carding continues. The factory is still pessimistic about the outlook for the future market. Factory OEC16S US gold price in 1.55-1.57 US dollars / kg, RMB after tax 1.28-1.29 million yuan / ton.

Pakistan's external market price is stable and weak, and the market demand is light. The second tier siro spinning C10S price is about $340 per piece, RMB after tax is about 15 thousand and 300 yuan / ton. In the local market, the cowboy order is poor and the towel industry is acceptable.

6. 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 64.75 cents / pound, 0.5 cents, 13404 yuan below 46 yuan, 1% yuan under the quota tariff, 11351 yuan per ton, or 86 yuan. US cotton EMOT SM shipment period 7/9 month quotation 69.75 points / pound 0.5 cents, discount slip quasi tax offer 13877 yuan / ton fall 50 yuan; 1% quota tariff port self mention 12212 yuan / ton fell 86 yuan. Brazil SM shipment period of 7/9 months quoted 69.3 cents / pound 0.5 cents, discount slip quasi tax offer 13836 yuan / ton fell 39 yuan; 1% quota tariff port price rise 12134 yuan / ton fell 86 yuan.