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    Fiber Headlines: The Epidemic Has Not Yet Been Controlled And Economic Recovery Is More Difficult.

    2020/6/24 13:11:00 0

    Fiber Top

    01 index

       02 cotton

       According to the import treasure monitoring, the spot lint 328 price is 12030 yuan / ton, compared with last week 12093 12093 yuan, or 0.52%. Futures closed 11910 in September 2020, up 55 points, or 0.46%, from 11855 last week.

    In May, according to the China Cotton Association survey, the total area of cotton planting in the whole country was 46 million 156 thousand and 300 mu, a decrease of 4.15% compared with that of the previous period. Within the month, the meteorological conditions in most of the cotton regions of the country were normal, suitable for cotton seedling growth. As of 31 days, the cotton seeding rate was 99.6%, which was 0.14 percentage points lower than that of the previous year. 50.2% of the cotton seedlings were in the 6-8 true leaf period, which increased by 27.86 percentage points compared with the same period last year. The incidence of pests and diseases was relatively low, accounting for more than 80%. Among the surveyed farmers, the proportion of the seedlings was relatively good, accounting for 44%, an increase of 29.82 percentage points over the same period last year. In May, the volume of Xinjiang's cotton specialized warehouses reached 592 thousand and 300 tons, an increase of 86 thousand and 700 tons, an increase of 270 thousand and 400 tons compared with the same period last year. In 2019 (September 2019 -2020 May), the 3 million 427 thousand and 400 tons of highways and railways were transported, and increased by 968 thousand and 200 tons compared with the same period last year.

       [US] The current epidemic situation in Europe is basically controlled, but the epidemic in the United States is still serious. Moreover, there may be a two outbreak of the outbreak due to large-scale demonstrations in Europe and the United States. We need to be vigilant and pay close attention to the epidemic situation in Europe and America. At present, the US cotton is still in the low position in recent years, and its value superiority is prominent.

       [India] The India Cotton Corp (Cotton Corporation of India) revised the discount plan on Monday to rationalize the price in order to reduce stock expansion and ensure that raw materials are supplied to spinning mills at competitive prices. The quality cotton in the market is 3.5-3.6 rupees / candle. The plan will come into effect at the end of June. CCI has set a lower base price, buying at least 500 packages per day from 35600-37500 rupees / Candle (356 kg), and will give a 300 rupee discount. Buying more than 2 kilograms of bags per day will provide a higher discount of 1200 rupees.

    Import treasure believes that the drought in the main cotton producing areas of the United States and the failure of Lok Pakistan to effectively control locust plague and the gradual improvement of the domestic market support the market.

    03 viscose staple fiber

       Viscose staple fiber prices lower, the downstream users of the right amount of stock, but after the inventory shift down, cotton mill stocks continue to store, pressure is greater, and with the price again fell expectations, user procurement began to be cautious. 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.

    The price of cotton lint is stable, but the market is not moving. The new cotton seed will be listed in the three quarter, and the price of Shandong velvet will be 3600-3700 yuan / ton. The supply of domestic dissolving pulp is relatively small. This month, Jun Tai mixed production of dissolving pulp, and other factories continued to clear the warehouse, the price was 5200-5300 yuan / ton. The price of external dissolving pulp has been discussed recently, the price is lower, the quoted price is 620-650 US dollars / ton, and the intention is to negotiate at 610 US dollars / ton.

    Import treasure believes that viscose staple fiber market price trend is weak, in the declining market, the customers mostly wait and see.

    04 Australian wool auction for fifty-first weeks (2020/6/12)

    Australia's wool market continued to decline this week, although the supply is low since 1995 AWEX record, but it declined because buyers did not consider buying low cleaning rate wool. AWEX Eastern market index (EMI) closed down 12 Australian cents, closing at 1171 Australian cents / kg.

    The supply of wool was 15 thousand and 800 packs this week, with 14 thousand and 100 bags and 10.5% racket.

       ? ? ? The Australian dollar EMI (Eastern market price index) closed at 1139 Australian cents / kg (net weight) this week, down 2.73% (down 32 Australian cents).

       The US dollar denominated EMI (Eastern market price index) closed at 782 cents / kg (net weight), down 3.81% (down 31 cents).

       The RMB denominated EMI (Eastern market price index) closed at 55.38 yuan / kg (net weight), down 3.7% (down 2.13 yuan).

    Judging from the rise and fall of all types of wool, the fine wool fell and the thick branch was strong.

    The following is the detailed price data of wool auction price in Sydney, Melbourne and Freeman three (estimated in Australian dollars):

       Next week, the supply of wool is expected to be 30 thousand and 200 bales.

    05 cotton yarn

    Domestic consumption began to recover slowly. In May, domestic consumption data improved significantly, and garment export data in May were still poor. However, with the effective control of the epidemic, it is expected that the latter will gradually improve. In recent years, sales of yarn and grey fabric decreased compared with that in May, and the price of cotton yarn was relatively stable. In the short term, consumption is hard to return to the state before the epidemic. The individual price of cotton yarn has a "downward trend". The volume of trading is still concentrated in 32S and 40s, and the production demand of the main jet cotton brocade series is better. In view of the specific situation, the pure cotton yarn market is mainly composed of stable adjustment and multi demand purchase. The price of C40S woven dyeing of a Changzhou businessman is about 20400 yuan / ton. Xiao Shao market C32S combs price is around 18700 yuan / ton, and combing goods are slightly better than others. Some manufacturers responded to sales after June, and the 6-7 was the traditional off-season.

    Import treasure believes that the cotton yarn market presents a weak trend of adjustment.

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