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    Today'S Cotton To Hong Kong Price Falls Sharply - Sice Daily Market Express (8.10)

    2020/8/11 12:42:00 0

    Raw Material Market

    domestic

    1.3128b cotton 12431 up 23; 1.5D viscose staple fiber 8100 flat; 1.4d polyester staple fiber 5450 flat; pure cotton yarn c32s 18525 down 15; rayon yarn r30s 11850 flat; pure polyester yarn t32s 9450 up 50.

    2. The cotton spot market continued to adjust. The basis quotation of a merchant's Xinjiang cotton machine picking 3128 level Hebei warehouse is about 400-500 yuan / ton, which is about 12500-12600 yuan / ton at present. The actual order negotiation has a general trading atmosphere and few transactions.

    3. The market of viscose staple fiber is not dynamic, and the price trend is stable. Chemical fiber factories sign orders with stable price. Downstream users mainly digest recent orders. However, yarn prices are weak and shipping is weak. The future market situation is still not optimistic. 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 2009 contract reduced the position and the high price fell; the closing price was 12140, which was - 1.90% compared with the previous trading day; the highest price was 12375, and the lowest price was 12120; the trading volume was 269479, and the position was 192761, - 24628; the price difference between Cf9 and January was 595, - 20. Cy2101 closed in 19910, - 0.30% compared with the previous trading day; the highest trading volume was 20040 and the lowest was 19750; the trading volume was 4829 and the position was 5147, + 579.

       ? ??

    5. The trend of PTA futures is strong today. The quotation of polyester factories in Zhejiang market is stable as a whole, and some factories have increased slightly. Downstream textile enterprises pursue rising enthusiasm is not high, just need replenishment. At present, the center of gravity of polyester is low, and the factory is willing to increase the price. It is expected that some popular varieties will increase slightly in the short term. At present, the main quotation of POY 100D / 36F is 5250-5350 yuan / ton, that of FDY 75D / 36F is 6050-6150 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 turnover of 5.66 million meters, including 4.23 million meters of filament cloth and 1.43 million meters of staple fiber cloth, including 300000 meters of cotton cloth, 200000 meters of TC cloth, 130000 meters of TR cloth, 350000 meters of r-man cotton cloth, and 450000 meters of other fabrics.

    international

    1.7 ice cotton market overall fell sharply. The settlement price of the main contract in December was 62.36 cents, down 249 points; the settlement price of March contract was 63.19 cents, down 230 points; the settlement price of may contract was 63.87 cents, down 202 points. Other contracts fell 148-183 points.

    2. On August 7, the intermediate price of Indian S-6 ginning plant was quoted as 33150 rupees / khandi, with a discount of 56.50 cents / pound; j-34 ginning plant of Punjab was charged at 3613 rupees / monend at 56.65 cents / pound. Gujarat (11900 tons) was put on the market on the same day, including 8500 tons of Gubao.

       ? ??

    3. Last Friday, Pakistan cotton market remained stable. At present, the futures price in New York is stable and the price of imported cotton is rising, which continues to provide support for local prices. Due to the shortage of new flowers, imported cotton is constantly digested by the local market. On the same day, the pick-up price of Xinhua ginning plant in Sindh province was 8200-8275 rupees / maunde, while that of Punjab was about 8450-8550 rupees / maunde.

    In the middle, the spot market is weak. The overall market demand is still very weak and has not recovered significantly. The market is still not a matter of price but of quantity. Traders still have a lot of stocks and slow sales. Under the appreciation of RMB, some of them have started to replenish goods in the external market. The quantity is not large, and the degree of market risk preference is still very low. Traders are still very cautious about the future market.

    5. Today, the price of imported yarn is stable and weak, and a small amount of transaction continues. The price of downstream cloth factory is stable and weak, and cotton yarn price is under pressure. It is expected that the short-term price will not rise.

    India's external price is stable and weak, while the price of busa 16S and 21s has decreased slightly. The price of c21s jet in US $1.98/kg, about 16500 yuan / ton after RMB tax, a small amount of transactions. India's c32s local market demand continues, China's domestic and external upside down, transaction light.

    Vietnam's external price is stable and weak, the transaction continues. It's still about $3.85 million per kilogram per kilogram, which is still about $3.5 million per kilogram.

    Pakistan's external price is stable, and Chinese buyers are hesitant to purchase. After tax, the price of Yiluo textile company is about 345.5 million US dollars per unit.

    6. The price of imported cotton dropped sharply today. The price of Indian cotton shankar-6 1-5 / 32 for shipment in August / September was 64 cents / pound, 2.25 cents lower, 13266 tons, 192 yuan lower, and 11070 yuan / ton, 382 yuan, respectively, under 1% quota tariff. The quotation of emot sm of American cotton in August / September is 72.75 points / pound, down 2.25 cents, 14074 yuan / ton, 227 yuan / ton; under 1% quota tariff, port self declaration is 12557 yuan / ton, down 382 yuan. The price of Brazil SM in August / September is 67.5 US cents / pound, down 2.5 cents; the quotation under discount standard tax is 13572 yuan / ton, down 236 yuan; under 1% quota tariff, port self raised price is 11665 yuan / ton, falling 425 yuan.

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