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Cotton yarn market is weak due to the downward shift of raw

author:admin Release time:2019-01-19 13:31
In the same week (May 8-12), the turnover rate of state-owned cotton storage dropped sharply. According to traders and textile enterprises, people actively bid for state-owned cotton storage in Xinjiang, and all the 14,000 tons of state-owned cotton storage in Xinjiang were traded daily, while the real-estate cotton transaction rate was only 3,000-3,500 tons a day, resulting in a sharp decline in the turnover rate of state-owned cotton storage. Spot market is showing the phenomenon of "emphasizing Xinjiang cotton and light real estate cotton". On the 13th, hand picked cotton prices of "Shuang28" and "Shuang29" in Aksu and Kashgar, Xinjiang, ranged from 16,000 to 16,300 yuan per ton (pick-up, gross weight) and remained stable. Some quality deviations of the spot price focus slightly declined, such as the 2227 grade Xinjiang hand picked cotton spot warehouse price in 15200 yuan / ton line, the center of gravity fell about 100 yuan / ton. Recently, the spring sowing of cotton in the mainland has been basically completed. The plant height of cotton seedlings sown earlier in the Yellow River Basin is 6-7 cm, and the true leaves are 4-5 pieces. The overall growth of cotton seedlings is better. Spot prices have fallen slightly in recent years. On the 13th, the prices of real estate cotton in Shandong and Hebei provinces at 3128 and 4128 levels were 15,500 yuan/ton and 15,000 yuan/ton respectively, down 50-100 yuan/ton, and market transactions were relatively cold. Spot sales of state-owned cotton stocks have been fully launched. On the 13th, the price of "Shuang28" of Xinjiang cotton stocks ranged from 16200 to 16300 yuan/ton, with little fluctuation in the price center of gravity. In the week, the market of long-staple cotton rose slightly. The price of grade 137 of long-staple cotton in Hebei, Shandong and Jiangsu and Zhejiang provinces was 22200 yuan per ton on the 13th day, while grade 237 of long-staple cotton was 21200 yuan per ton on the 13th day, rising by 200 yuan per ton a week. According to the manufacturer's feedback, although the price rises, the transaction is not much, mainly because of the rising cost of warehousing and interest. Within a week, the price of polyester staple fibers declined. On the 13th, the price of 1.4D direct-spun polyester staple fibers in Jiangsu and Zhejiang was 7300-7450 yuan/ton, down 200 yuan/ton from the previous week; the price of viscose staple fibers was 15700-15800 yuan/ton, with little fluctuation.
Cotton yarn, pure cotton yarn market as a whole stable, local small drop. Within a week, pure cotton yarn trading still concentrated in 32S, 40S, 21S combed, other specifications demand is relatively light. The prices of 21S, 32S and 40S of a factory in Shandong Province were 21800 yuan/ton, 23500 yuan/ton and 24600 yuan/ton respectively on the 13th. The price center was stable, and the discount rate of the real single dealer was 100-150 yuan/ton. Within the week, high count combed yarn maintained a steady and weak trend, and some real unit transaction prices fell 200 yuan per ton. On the 13th, the prices of combing 21S and 32S in a factory in Jiangsu were 23400 yuan/ton and 24900 yuan/ton respectively. The cotton yarn price with long-staple cotton as the main cotton blend is weak and stable. The combed 80S price of 100% long-staple cotton in Jiangsu area was 57500 yuan per ton on the 13th, and the price fell slightly by 100 yuan per ton. During the week, the market of pure polyester yarn was stable. The prices of pure polyester cotton 21S and 32S were 10300 yuan/ton and 11400 yuan/ton respectively. Recent trading was light. According to market analysis, the prices of grey fabrics and fabrics in the lower reaches have remained basically stable in the near future, and the trade is general, which makes it difficult to support the rise of cotton yarn. Therefore, it is expected that cotton yarn will continue to be moderately weak in the near future. In terms of imported yarn, according to traders, the stock of yarn outside the port has been in the range of 70,000-72,000 tons recently. Among them, the forward contract price of Indian yarn has fallen sharply, while the spot price of domestic imported cotton yarn has steadily risen, and the price gap between the two has gradually narrowed.