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    India Cotton Spot Price Down -- Sice Daily Market Express (7.16)

    2020/7/17 10:46:00 0

    Market

    domestic

    1.3128b cotton 12163 rose 13; 1.5D viscose staple fiber 8500 flat; 1.4d polyester staple fiber 5320 fell 30; pure cotton yarn c32s 18580 flat; rayon yarn r30s 12100 fell 100; pure polyester yarn t32s 9700 flat.

    2. The cotton spot market continued to adjust, and the overall delivery was not good. The basis quotation of the merchants' Xinjiang cotton machinery double 29 grade Shandong warehouse was about 600, which was about 12500-12600 yuan / ton at present. The negotiation atmosphere was not good, and the reserve cotton was more inclined to bid.

    3. The viscose staple fiber market is calm, the price continues to be weak, the downstream start-up rate is not high, the demand is not large, and the price reduction is the main factor. At present, the viscose staple fiber factory is under great pressure of shipment and inventory pressure, so it is urgent to clear the warehouse at low price. At present, the price of middle end viscose staple fiber is 8400-8500 yuan / ton, and that of high-end viscose staple fiber is 8800-8900 yuan / ton.

    4. Zheng Mian's main force reduced positions in 2009, and the futures price fell slightly, closing at 11950, which was -0.83% compared with the previous trading day; the highest price was 12120, and the lowest was 11915; the trading volume was 277984, and the position was 309315, - 5052; the price difference between Cf9 and January was 595, + 5. Cy2009 closed 19325, - 0.44% higher than the previous trading day; the highest trading volume was 19460 and the lowest was 19260; the trading volume was 8993 and the positions were 7667, - 163.

       5. PTA futures are weak and volatile today, and polyester factories in Zhejiang market are mainly stable. Downstream textile enterprises purchase enthusiasm is low, continue to digest raw material inventory, polyester market transaction atmosphere is not good. It is expected that the center of gravity of polyester will maintain consolidation trend in the short term. At present, the mainstream quotation of POY 100D / 36F is 5200-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

       6. China's textile city passenger increase, a total of 7.4 million meters, including 5.21 million meters of filament cloth, 2.19 million meters of staple fiber cloth, including 340000 meters of cotton cloth, 300000 meters of TC cloth, 190000 meters of TR cloth, 780000 meters of r-man cotton cloth, and 580000 meters of others.

    international

    1. The decline of cotton market in ice period continued on July 15. The settlement price of the main contract in December was 62.13 cents, down 50 points; the settlement price of March contract was 62.85 cents, down 46 points; the settlement price of may contract was 63.52 cents, down 49 points. Other contracts fell by 10-69 points.

    The price of cotton fell significantly from India's spot price of Rupee 35.56/lb, down from the Indian spot price of Rupee 1-35.56/pound on Wednesday, down from the Indian spot price of Rupee 1-35.56/pound. On the same day, the market volume of seed cotton was 4488 tons, including 2550 tons in Gubang and 1445 tons in MaBang.

       3. On June 26, Turkey's Ministry of Trade issued an announcement to launch an anti circumvention investigation on synthetic long fiber fabrics and synthetic and man-made staple fiber fabrics originating in China. To examine whether the products involved in the case were imported into Turkey through Spain, Italy and Germany in order to avoid anti-dumping measures. The Turkish tax codes of the products involved are 54.07, 55.13, 55.14, 55.15 and 55.16.

    4. The spot market of import yarn inner plate is light, and the price falls. At present, the market supply is loose, the demand is very weak, cloth factory start-up month on month, short-term price is expected to remain weak. At least, the market will gradually recover after the good reputation of traders, and then the market will gradually recover.

    5. The US dollar price of imported yarn is stable, the trading volume is light, and the transaction situation of various varieties is not ideal. It is difficult to recover the orders of downstream fabric factories, and the follow-up imported yarn has arrived in Hong Kong. Recently, China has a wait-and-see attitude towards the purchase of imported yarn.

    The price of Indian outer plate is stable, the inquiry of conventional varieties of combed yarn continues, and the demand of combed yarn and rotor spinning is weak. The factory's compact spinning is 2.43 US dollars / kg, about 203 thousand yuan / ton after tax, and the transaction is light.

    Vietnam's external quotation remains stable, combed varieties are still in poor delivery, and the demand for general carding continues. The floating quotation of oec16s in some factories is US $1.57/kg, and RMB after tax is about 12800 yuan / ton.

    On the other hand, Pakistan's local demand for foreign textile products remained stable. General quality siro spinning c10s US $345-350 / piece, RMB after tax about 154-15700 yuan / ton.

    6. The price of imported cotton decreased slightly today. The price of Indian cotton shankar-6 1-5 / 32 for shipment in August / September was 65 cents / pound, down 0.5 cents. The price of 13429 tons under sliding standard tax fell by 35 yuan. Under 1% quota tariff, the price of port self raised price dropped by 86 yuan to 11381 yuan / ton. In August / September, the quotation of emot SM for American cotton fell by 0.5 cents per pound, while that under sliding standard tax was 14093 yuan / ton, down 47 yuan; under the 1% quota tariff, the port's self-reported price was 12585 yuan / ton, down 86 yuan. The price of Brazil SM in September / November is 68.50 US cents / pound, down 0.5 cents; the quotation under discount standard tax is 13745 yuan / ton, down 52 yuan; under 1% quota tariff, port self raised price is 11983 yuan / ton, down 86 yuan.

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