Pakistan'S Ginning Plant Sells At Low Price

domestic

1.3128b cotton 12253 up 11; 1.5D viscose staple fiber 8100 flat; 1.4d polyester staple fiber 5300 flat; pure cotton yarn c32s 18550 flat; rayon yarn r30s 12000 flat; pure polyester yarn t32s 9500 flat.

2. The adjustment trend of cotton spot market is maintained. The base difference quotation of Xinjiang cotton machine picking 3129 level is about 500 yuan / ton, and the actual price is about 12500 yuan / ton.

3. The viscose staple fiber market remains calm, chemical fiber factories deliver goods according to orders, downstream users maintain normal receiving of goods, new orders are reduced, early orders will be implemented in the near future, and the price is expected to remain stable. At present, the price of middle end viscose staple fiber is 8100-8300 yuan / ton, and that of high-end viscose staple fiber is 8300-8400 yuan / ton.

4. Zheng Mian's main contract position reduction increment in 2009, the futures price fluctuated and rose, closing 12060, compared with the previous trading day + 0.63%; the highest price was 12170, the lowest was 12025; the trading volume was 336321, the position was 272007, - 15473; the price difference between Cf9 and January was 595, + 5. Cy2009 closed 19220, 1.37% higher than the previous trading day; the highest trading volume was 19300 and the lowest was 19025; the trading volume was 10296, with positions of 7202, - 543.

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5. The trend of PTA futures is strong today, and the transaction center of polyester in Zhejiang market is stable and rising. At the end of the downstream month, the sales of POY factory were more popular, and the overall transaction of polyester fiber recovered. It is expected that the trend of polyester center of gravity will be stronger and higher in the short term. At present, the main quotation of POY 100D / 36F is 5150-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7850-8050 yuan / ton.

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6. China's light and textile city increased passenger volume, with a total turnover of 7.14 million meters, including 5.16 million meters of filament cloth and 1.98 million meters of staple fiber cloth, including 470000 meters of cotton cloth, 290000 meters of TC cloth, 220000 meters of TR cloth, 440000 meters of r-man cotton cloth and 560000 meters of others.

international

1. On July 29, ice cotton market closed up in an all-round way. The main contract settlement price in December was 61.61 cents, up 50 points; the settlement price of March contract was 62.32 cents, up 49 points; the settlement price of may contract was 63.09 cents, up 50 points. Other contracts were up 44-51 points.

2. Indian cotton spot prices continued to remain stable on Wednesday, with S-6 ginning plant picking up price at 32650 rupees per Kandi, 55.70 cents per pound; Punjab j-34 prices at 3560 rupees / maunde, at 57.85 cents / pound. The market volume of seed cotton on that day was 2244 tons of lint cotton, including 1700 tons in Gubang and 340 tons in MaBang.

According to the latest statistics of Cotton Corporation of India (CCI), as of July 27, the seed cotton market volume in 2019 / 20 reached 5.7239 million tons, an increase of about 8% compared with the same period last year. Seven of them increased year on year, while Madhya Pradesh, Tamil Nadu and Gujarat decreased year on year.

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3. With the approaching of the Eid al Fitr holiday, the domestic cotton market in Pakistan is weak. Ginning plant is willing to ship at a low price considering the increasing market volume of seed cotton and increasing sales pressure. However, with the recent strengthening of the futures market, compared with imported cotton, domestic cotton has more price advantages, and textile enterprises may be more inclined to the domestic market. At present, the transaction price of new flowers in Sindh is 8100-8150 rupees per maunde, and the transaction price of Punjab is about 8200-8250 rupees / maunde.

4. Today's import cotton yarn market trading is light, the price is mainly stable, traders talk about taking goods, the speed of shipment is still ordinary. The lower reaches of the cloth factory start-up is generally in 30-40%, local heard that orders improved, but the overall is still not significant. At present, the market is still in the state of high stock and accumulated stock, the risk preference of traders is reduced, and the forward order is not active. Domestic mills have high inventory and serious losses, which may lead to production reduction in the future.

5. The price of imported yarn is stable, and there is no significant improvement in recent transaction. In terms of varieties, a small amount of goods of rotor spinning continue, while the transaction of general and combed yarn is light.

India's external price remained stable, while orders from China did not improve. Jc32s, a local trader, reported US $2.4/kg in August and about 20100 yuan / T after RMB tax.

Although the overall demand is poor, some large factories continue to receive new orders. After tax, the price is about US $65.1 million per kilogram.

Pakistan's external disk remained stable, due to the Eid holiday, cotton mill sales decreased. The price of Siro textile is much higher than that of Chinese buyers, and the recent transaction is still weak. Part of the second-line siro spinning c10s US $360 / piece, RMB after tax about 16100 yuan / ton, the transaction is light.

6. The price of cotton delivered to Hong Kong today is flat. The price of Indian cotton shankar-6 1-5 / 32 in August / September is 63.5 US cents / pound, 13286 tons under sliding standard tax, and 11123 yuan / ton at port under 1% quota tariff. The quotation of emot SM in August / September is 71.75 cents / pound, 14057 yuan / ton under sliding standard tax, and 12542 yuan / ton at port under 1% quota tariff. The price of Brazil SM shipping date is 67.25 US cents / pound in September / November, 13635 yuan / ton under sliding standard tax, and 11768 yuan / ton port self raised price under 1% quota tariff.