Today'S Overseas Cotton Prices Soar In Hong Kong -- Sice Daily Market Express (7.9)

domestic

1.3128b cotton 12076 rise 3; 1.5D viscose staple fiber 8500 flat; 1.4d polyester staple fiber 5430 flat; pure cotton yarn c32s 18585 flat; rayon yarn r30s 12200 flat; pure polyester yarn t32s 9800 flat.

2. The cotton spot market maintains the adjustment trend. At present, the basis quotation of some Xinjiang cotton machinery picking 3128 grade Shandong warehouses is about 300-500, which is about 12300-12500 yuan / ton. The actual order negotiation is preferential, the downstream inquiry is not many, and the transaction is light.

3. The price trend of viscose staple fiber is weak, and chemical fiber manufacturers strive for low price to sign the order. Although the mainstream price may be below 8000 yuan / ton, there is no need to be too pessimistic. Low price may stimulate buyers to pick up. At present, the price of middle end viscose staple fiber is 8500-8600 yuan / ton, and that of high-end viscose staple fiber is 8900-9000 yuan / ton.

4. Zheng Mian's main contract position reduction increment in 2009, the futures price rose slightly, closing 12110, compared with the previous trading day + 1.47%; the highest price was 12135, the lowest was 11925; the trading volume was 390180, the position was 337883, - 3726; the price difference between Cf9 and January was 595, + 10. Compared with the previous day, the trading volume was higher than that of the previous day.

　　 5. Today, PTA futures trend is sorted out, and the quotations of polyester factories in Zhejiang market are more stable, and some preferential policies are narrowed. It is obvious that more enterprises need to wait and see if there is a demand for replenishment. Market trading atmosphere is weak, polyester trading fell. It is expected that the center of gravity of polyester will maintain narrow finishing in the short term. At present, the main quotation of POY 100D / 36F is 5250-5450 yuan / ton, that of FDY 75D / 36F is 5800-5900 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

　　 6. China's light and textile city reduced passenger volume, with a total transaction volume of 7.52 million meters, including 5.04 million meters of filament cloth and 2.48 million meters of staple fiber cloth, including 420000 meters of cotton cloth, 340000 meters of TC cloth, 250000 meters of TR cloth, 910000 meters of r-man cotton cloth, and 560000 meters of others.

international

1. On July 8, ice cotton market rose sharply. The main contract settlement price in December was 64.14 cents, up 114 points; the settlement price of March contract was 64.69 cents, up 93 points; the settlement price of may contract was 65.21 cents, up 78 points. Other contracts were up 67-142 points.

2. Indian cotton spot price remained unchanged on Thursday. The price of S-6 ginning plant is quoted at 32750 rupees per Kandi, which is 55.80 cents per pound; the price of Punjab j-34 is offered at INR 3560 per maunde at 57.80 cents per pound. On that day, the market volume of seed cotton was 5321 tons, including 2380 tons in Gubang and 2210 tons in MaBang.

　　 3. Brazil exported 56700 tons of cotton in June, 18.4% less than last month and 7% lower than the same period last year. This year, the cumulative cotton export volume exceeded 1.9 million tons, an increase of 60% year-on-year. Turkey accounted for 19.9% (11300 tons), China accounted for 19.9% (11300 tons), Pakistan (9695 tons), Vietnam (8795 tons), Indonesia (5751 tons), South Korea (3069 tons), Malaysia (2193 tons) and Bangladesh (2138 tons).

4. The price of imported yarn is stable and the transaction is light. China's demand has not changed much, so it is hesitant to purchase yarn from other countries.

India's external prices remain stable, local combed yarn mill start-up, the reason is that European orders continue. The price quoted by jc32s is relatively high with good local quality at US $2.45/kg and about 20400 yuan / T after RMB tax, and the transaction is light.

The price of Yue yarn outer plate is stable, and the profit of cotton mill declines rapidly under the support of American cotton price. The quoted price of partial c32s rapier is about 2.25 USD / kg and about 18200 yuan / T after RMB tax.

Pakistan's external price is stable and the actual price can be discussed. The second-line siro spinning company quoted us $350 per unit for c10s, with RMB after tax of about 15600 yuan / ton.

5. Today, the spot market of imported cotton yarn is light, the price is stable and weak, and some goods are sold in the market. With the appreciation of RMB, the profits of traders are improved, and the loss range of loss resources in the early stage is reduced, and traders have the motivation to move funds. In addition, there are more resources for low-cost arrival in Hong Kong, which has impacted the market and forced traders to lower their prices for shipment. The price of Zhejiang Textile Machinery Co., Ltd. is still around RMB 18700-15200 / T, and the price of Zhejiang Textile Co., Ltd. is still around RMB 18700-15200 / T in Shandong, and the price is still around RMB 18700-15200 in the local market.

6. The price of imported cotton in Hong Kong rose sharply today. The price of Indian cotton shankar-6 1-5 / 32 for shipment in July / September is 67.5 US cents / pound, up 1.25 cents, the quotation under discount standard tax is 13650 tons, which is increased by 114 yuan; under 1% quota tariff, the price of port self provided quotation is 11811 yuan / ton, which is increased by 215 yuan. In July / September, the quotation of American cotton emot SM is 74.5 points / pound, up 1.25 cents; under the discount standard tax, the price is 14335 yuan / ton, up 125 yuan; under 1% quota tariff, the port self declaration is 13015 yuan / ton, up 215 yuan. The price of Brazil SM shipping period in July / September is 71.5 cents / pound, up 1.45 cents, 14033 yuan / ton under sliding standard tax, 137 yuan / ton, and 12499 yuan / ton under 1% quota tariff.