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    The Price Of Cotton To Hong Kong Rose Slightly Today --SICE Daily Express (6.23)

    2020/6/24 13:08:00 0

    Raw Material Market

    domestic

    1.3128B cotton 11973 fell 53; 1.5D viscose staple fiber 8700 flat; 1.4D polyester short fiber 5730 flat; pure cotton yarn C32S 18600 fell 30; cotton yarn 12400 R30S flat; pure polyester T32S 9970 flat.

    2. cotton market continued stalemate, prices basically maintained, the trading atmosphere is light, the Hebei cotton mining machine 3129B class base difference quoted price of 400-600 yuan / ton, about 12100-12300 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 price trend is weak, downstream enterprise inventory pressure is large, shipping difficulties, and viscose staple fiber factory continues to lose money to yield shipping, but it is very difficult to carry goods, new single inquiry less, old customers at a low price replenishment. 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. Zheng cotton main CF009 contract opened at 11710 yuan / ton, closing at 11670 yuan / ton, compared with the previous trading day, it fell 135 yuan / ton, or 1.14%, trading volume 287775 hands, increased positions 7085 to 396620 hands.

       5. today, PTA futures continue to be weak finishing, Zhejiang market polyester quotation steady and fall, POY factory preferential strength is bigger. Downstream appropriate procurement, POY transaction volume is obvious, the market turnover atmosphere is more popular. In the short term, the trend of polyester centroid is still narrowing. At present, the mainstream of POY 100D/36F quotation is between 5800-5900 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's textile city increased incrementally, with a total turnover of 6 million 490 thousand meters, of which 4 million 260 thousand were long silk cloth, 2 million 230 thousand were short fiber cloth, including 450 thousand cotton cloth, 370 thousand TC cloth, 300 thousand TR cloth, 620 thousand R cotton cloth and 490 thousand meters.

    international

    1. cotton prices in India were basically stable on Monday. The price of the S-6 ginning factory is 33450 rupees / candi, 56 cents / pound, and the price of Punjab J-34 is 3650 rupees / mod, 58.20 cents / pound. On the same day, the amount of seed cotton listing was 9673 tons of lint cotton.

       2. today, the import market of cotton yarn is generally in line with the price of cotton yarn stable and weak. Before the end of the Dragon Boat Festival, the stock was lighter, traders actively sold, but the sales situation was not good, and the number of traders in Hong Kong increased. Traders were reluctant to enter the market, and the market price was under pressure. Guangdong good quality India compact spinning JC32s knitted price at 20500-20800 yuan / ton, the price fell 200-400 yuan / ton last week, the price of air jet spinning in Jiangsu and Zhejiang area was partially reduced, OEC21s jet bleaching price was around 13600-13800 yuan / ton, and the price fell 100-300 yuan / ton earlier.

    3. the price of imported yarn is stable today, and the turnover is light. Domestic cloth factory order situation is not good, import yarn external disk purchase mood is not high.

    The price of India's external market is stable. Cotton mills believe that there is little room for price increase. Local traders JC26S US dollar quoted price at 2.32 US dollars / kg, RMB after tax about 19 thousand and 600 yuan / ton, turnover is light.

    The price of Vietnam's external market is steady, and there is not much enquiry. The price of the partial C32S arrow is priced at 2.25 US dollars per kilogram, and RMB 18 thousand and 400 yuan / ton after tax.

    Pakistan's external market price is stable, and new orders for individual traders continue. The second tier siro spinning C10S US dollar transaction price is about $340 per piece, RMB after tax is about 15 thousand and 300 yuan / ton.

    4. 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 65 cents / pound, up 0.25 cents, 13433 yuan up 29 yuan under the discount tax, 1% yuan under the quota tariff, 11394 yuan per ton, or 43 yuan. US cotton EMOT SM shipment period 7/9 month quoted 71 points / pound 1 cents, the discount slip quasi tax offer 14001 yuan / ton up 99 yuan; 1% quota tariff port self reported 12427 yuan / ton up 172 yuan. Brazil SM shipment period 7/9 month quoted 70.3 cents / pound 1 cents, the discount slip quasi tax offer 13925 yuan / ton up 89 yuan; 1% quota tariff port price increase 12307 yuan / ton up 172 yuan.

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