Pakistan'S New Cotton Price Rises, Price Competition Of Ginning Factory Purchasing --SICE Daily Quotes

domestic

1.3128B cotton 11866 increased by 3; 1.5D viscose staple fiber 8600 flat; 1.4D polyester staple fiber 5600 down 20; pure cotton yarn C32S 18600 flat; cotton yarn R30S 12400 flat; pure polyester T32S 9800 down 50.

2. the cotton market shows the trend of adjustment, the price is basically maintained, and the trading atmosphere is light. The price of the hand picked double 28 Xinjiang storehouse is about 12200-12600 yuan / ton, and the discount is real. Market rumors: about 500 thousand tons or so around July 6th, or around the beginning of the reserve cotton production. Today, most of the market is concerned about this news. Now the dumping is basically determined, but according to the current volume, it may have relatively limited impact on the market.

3. the viscose staple fiber market is calm, the downstream market remains light, and there is no demand for bright spots. Some factories lose a lot of money. Viscose staple fiber factory has less operational space at present. 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 was hovering around 11700, closing 11675, compared with the previous trading day -0.04%; the highest was 11755, the lowest was 11655; the volume 234299, the position 379093, -5127; CF9-1 month price difference 565, +15. CY2009 closed 19010, compared with the previous trading day -0.29%; the highest reported 19150, the lowest reported 18995; turnover 5819, positions 8434, +339.

　　 5. today, the trend of PTA futures is sorted out. The partial preferential treatment of polyester factories in Zhejiang market has been enlarged, and the focus of the transaction has continued to decline. Downstream procurement is still more cautious, in addition to individual factories shipped slightly better, polyester market overall trading atmosphere is still thin. It is expected that the centre of gravity of polyester filament will remain weak in the short term. At present, the mainstream of POY 100D/36F quotation is between 5550-5700 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6250-6350 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8150-8300 yuan / ton.

　　 6. China's textile city increased incrementally, with a total turnover of 7 million 310 thousand meters, of which 4 million 830 thousand were long silk cloth, 2 million 480 thousand were short fiber cloth, including 420 thousand cotton cloth, 300 thousand TC cloth, 230 thousand TR cloth, 860 thousand R cotton cloth and 670 thousand meters.

international

On 1.6 29, the ICE cotton market fell sharply. The main contract price in December was 59.63 cents, up 13 points; in July, the settlement price was 59.62 cents, or 93 points; in March, the settlement price of the contract was 60.29 cents, up 13 points.

2. at present, the early sowing cotton fields in the southern part of Sindh province in Pakistan are picking at a very slow rate. The daily market volume is about a few hundred packs, down from the same period in previous years. The cotton mill purchases seed cotton by bidding. The price of seed cotton has been raised to 4000-4400 rupees /40 kg in the new year. According to the different quality, the grade picking price of Xin Hua's new flower is 8350-8400 rupees / mod, and Punjab is 8900-9000 rupees / mod en.

3. according to the data of Alexander Exporters Association (Alcotexa), as of June 26th, Egypt's cotton contracted for 635 tons, more than doubled from last week, including 500 tons of FOB 94 cents (102 cents / pound), 85 tonnes of 95 (FOB, 130 cents / pound) and 50 tons of 96 (FOB, 120 cents / pound). In this year, a total of 64 thousand and 300 tons of contracted goods were exported, with a total shipment volume of 38 thousand and 900 tons, and the progress was maintained at 60%.

4. today, the import of yarn inner disk spot market is generally trading, the price is running weak, the market is under pressure, traders generally say that the market is bad, partial price drop continues. In terms of cost, the current market inventory cost differentiation is still very high. The cost of resources in June is relatively low, and the market price is rather chaotic. C32s woven prices are relatively stable, mainly in Jiangsu and Zhejiang provinces, home textile demand is better, and the knitting yarn market is poorer, prices fall more, mainly in Guangdong area demand continued weak.

5. the price of imported yarn today is stable and weak. India prices have been lowered and prices in Vietnam and Pakistan have been stable. The government of India has banned 59 mobile apps in China. At present, there is no policy influence on China's cotton yarn trade. Suppliers are still exporting to China.

The dollar price in India has been lowered by 1-3 cents / kg, with a small number of local transactions. The current logistics to China is still running normally. In the new order, air spinning is more and combed yarn is very few. Local traders spun JC26S US $2.35 / kg, RMB 19 thousand and 900 yuan / ton after tax.

The price of foreign currency in Vietnam is stable, and the inquiry atmosphere is rather cold. Trader C32S can quote us $2.3 per kilogram and RMB 18 thousand and 800 yuan / ton after tax.

The demand for siro spinning in Pakistan has changed little. The local traders' first round competition for C10S is quoted at the price of $360 per piece and RMB 16 thousand and 200 yuan / ton after tax.

6. the quotation of foreign cotton to Hong Kong fell slightly today. The shipment period of India cotton Shankar-6 1-5/32 is quoted at 64.75 cents / lbs for 7/9 months, 13404 tons under the discount slip tax, and 11351 yuan / ton from the port under the 1% quota tariff. US cotton EMOT SM shipment period 7/9 month quote 70.5 points / pounds, discount slip quasi tax quote 13952 yuan / ton; 1% quota tariff port self mention 12341 yuan / ton. Brazil SM shipment period of 7/9 months quoted 68.05 cents / pound 0.75 cents, discount slip quasi tax offer 13718 yuan / ton fell 67 yuan; 1% quota tariff port price rise 11919 yuan / ton fell 129 yuan.