The Spot Price Of Cotton In India Is Stable Today, --SICE Daily Price Bulletin (7.2)

domestic

1.3128B cotton 11932 increased 43; 1.5D viscose staple 8500 down 100; 1.4D polyester staple fiber 5530 down 50; pure cotton yarn C32S18585 fell 5; rayon yarn 12300 R30S 12300; pure polyester T32S 9800 flat.

2. by the impact of the US cotton boom, the domestic cotton spot market has slightly improved. However, the overall delivery is not good enough. It is biased towards the reserve ring. The price of some of the Xinjiang cotton machine's 3128 class basis is about 300-500, and the current price is about 12200-12500 yuan / ton.

3. the viscose market is not very dynamic. Recently, fewer signs are signed. Chemical fiber manufacturers continue to sell their goods, but the stock of the downstream mills is slow to consume, slow to carry, and short of raw materials. 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 9000-9200 yuan / ton.

4. Zheng cotton main 2009 contract reduced warehouse increment, the price continued to rebound situation, closing 11890, compared with the previous trading day +1.19%; the highest report 11945, lowest reported 11750; turnover 356862, position 356244, -9491; CF9-1 month price difference 580, +5. CY2009 closed 19185, compared with the previous trading day +0.58%; the highest reported 19240, the lowest reported 19055; turnover 7587, positions 8602, +65.

　　 5. today, PTA futures trend collation, Zhejiang market polyester factory quotes steady down, the focus of the transaction is still declining. Downstream textile enterprises to maintain wait-and-see mentality, prudent just need replenishment, polyester market trading is still light. In the short term, the trend of polyester centroid is still dominated by weak finishing. At present, the mainstream of POY 100D/36F quotation is between 5500-5600 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6200-6400 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8050-8200 yuan / ton.

　　 6. China's textile city increased incrementally, with a total turnover of 8 million 290 thousand meters, of which 5 million 250 thousand were long silk cloth, 3 million 40 thousand were short fiber cloth, including 460 thousand cotton cloth, 370 thousand TC cloth, 280 thousand TR cloth, 1 million 100 thousand R cotton cloth and 830 thousand meters.

international

On the first trading day of 1.7 months, the ICE cotton market continued to soar. The main contract price in December was 62.76 cents, up 188 points; in March, the settlement price was 63.45 cents, up 191 points; in May, the settlement price of the contract was 63.81 cents, up 182 points. Other contracts rose by 134-184 points.

2. India's cotton spot market remained stable on Wednesday. The price of the S-6 ginning factory is 32550 rupees / candi, 54.95 cents / pound, and the price of Punjab J-34 is 3533 rupees / mod, 56.85 cents / pound. On the same day, the amount of seed cotton listing was 7106 tons of lint cotton, including 3060 tons of Ma bang and Gubang respectively.

　　 3. today, the imported cotton yarn market is light, and the price is stable and weak. Some local traders are selling goods, and some local factories are throwing goods, which has an impact on the market. In terms of varieties, C32s woven quotation is still strong, demand is relatively good, and price is stable. Knitted yarn JC32s, J26s demand continues to be poor, the price is weak, the negotiation space is larger. Although the price of imported yarn is down, the price has not yet fallen below the price of April, and there is still some support for market confidence.

4. the price of imported yarn is stable today, and the turnover is light. Domestic downstream cloth factory order situation is not optimistic, cloth factory cotton yarn is only careful to purchase a small amount of spot on demand.

India's external market price is stable and weak. Local cotton mill India local carding yarn sales are still sustainable, and China's purchasing is light. The price of C21S drifting is US $1.97-2 / kg, RMB 1.67-1.69 after tax.

The price of Vietnam's external market is stable, and the turnover is light. The cotton mill has calculated its cotton inventory for two months, and the profit is still losing 7 cents / kg. C32S drifting US $2.3 / kg, RMB 18 thousand and 800 yuan / ton after tax.

Pakistan's external offer is steady, with a small quantity of goods continuing. Second, second tier siro spinning C10S negotiated price is still 340 U.S. dollars / piece, RMB after tax of about 15 thousand and 300 yuan / ton, the overall market demand is still weak.

5. today, the price of cotton to India has risen slightly. The shipment of Shankar-6 cotton 1-5/32 7/9 has increased by 1.5 cents in the month of 7/9, 66.25 yuan / pound, 13537 yuan in 137 yuan and 1% yuan under the 1% quota tariff. US cotton EMOT SM shipment period 7/9 month quoted 73 points / pound 1.5 cents, the discount slip quasi tax offer 14187 yuan / ton up 153 yuan; 1% quota tariff port self reported 12757 yuan / ton up 258 yuan. Brazil SM shipment period 7/9 month quoted 69.55 cents / pound 1.5 cents, the discount slip quasi tax offer 13846 yuan / ton up 144 yuan; 1% quota tariff port price increase 12164 yuan / ton up 258 yuan.