The Price Of Cotton To Hong Kong Is Up And Down, --SICE Daily Market Bulletin (6.29)

domestic

1.3128B cotton 11863 flat; 1.5D viscose staple fiber 8600 down 100; 1.4D polyester staple fiber 5620 down 10; pure cotton yarn C32S 18600 flat; cotton yarn 12400 R30S flat; pure polyester T32S 9850 down 50.

2. cotton market showed adjustment trend, price basically maintained, trading atmosphere was light, Xinjiang cotton machine 3129 class Xinjiang base price quoted at 500-600 yuan / ton, about 12200-12300 yuan / ton, real single negotiation, textile enterprises purchase cautious, just need low price procurement. At present, the downstream is entering the traditional off-season, and there is a slight decrease in downstream production during the Dragon Boat Festival. But near July, the market throws the storage rumor to rise again.

3. viscose staple fiber market maintained weak, the price center of gravity is lower, chemical fiber factory cautious price adjustment, downstream users wait for price downward replenishment, procurement volume is not high, yarn market downturn. At present, the price of mid end viscose staple fiber is 8600-8800 yuan / ton, and the price of high-end viscose staple fiber is 9000-9200 yuan / ton.

4. the 2009 contract of zhengmian main contract was reduced by warehouse increment, and the market price was down sharply, closing 11665, compared with the previous trading day -0.04%; the highest price was 11755, the lowest was 11600; the turnover 222237, the position 384281, -2342; CF9-1 month price difference 550, -5. CY2009 closed 19045, compared with the previous trading day -0.16%; the highest reported 19130, the lowest reported 18930; turnover 3398, positions 8095, -125.

　　 5. this morning, the futures market of PTA futures is lower. The quotation of polyester in Zhejiang market is still down. Downstream textile enterprises wait-and-see mentality is more obvious, prudent just need replenishment, weak trading market. In the short term, the core weight of polyester filament is weak. 100, the mainstream prices were 5650, 6150 and 7600 respectively.

　　 6. China Textile City passenger reduction and reduction, the total turnover of 6 million 670 thousand meters, of which 4 million 380 thousand tons of filament cloth, 2 million 290 thousand mm of short fiber cloth, of which 350 thousand cotton cloth, TC cloth 260 thousand, TR cloth 260 thousand meters, R cotton 870 thousand, other 550 thousand meters.

international

1.6 ICE 26 cotton market overall fell. The main contract price in December was 59.50 cents, down 20 points; in July, the settlement price was 60.55 cents, or 126 points; in March, the settlement price of the contract was 60.16 cents, down 16 points. Other contracts fell by 10-29 points.

2. at present, Pakistan's cotton market is stable, domestic demand has improved slightly, and cotton prices have risen slightly. According to the different quality, the spot price in 2019/20 is 7400-8500 rupees / mod. As of June 26th, the cotton planting area in the new year has reached 2 million 440 thousand hectares, with a planned area of 91.7%.

3. the imported yarn market is generally in the spot market, and the market supply exceeds demand. Partial dumping, the price fell 200-500 yuan / ton. Among them, the price of knitting yarn fell more, and there was a stampede between traders. The quality of knitting C32S in Jiangsu and Zhejiang is about 18500-19000 yuan / ton, and the price of imported cotton yarn in Guangdong is down by 200-500 yuan / ton. The second line siro spinning C10s contains 15600 yuan / ton of tax, while the price of C21S in Shandong is about 16800-17500 yuan / ton.

4. the price of imported yarn today is stable, and the external market is light. Under the traditional off-season, China's downstream factories have difficulty in receiving orders, and the price of cotton yarn is under pressure.

The price of India cotton yarn has been stable, the turnover is light, and the market is stable. Traders OEC10S US $1.35 / kg, RMB 11 thousand and 500 yuan / ton after tax.

The price of Vietnam's external market is stable, and the inquiry continues. The local OEC21S price is US $1.65 / kg, RMB 13 thousand and 600 yuan / ton after tax.

Pakistan cotton yarn prices remained stable, and the turnover was light. The local traders' first round competition for C10S is quoted at the price of $360 per piece and RMB 16 thousand and 200 yuan / ton after tax.

5. today, the price of cotton to Hong Kong is fluctuating. The shipment period of India cotton Shankar-6 1-5/32 was quoted at 7/9 cents for 64.75 cents / pound, up 0.25 cents, 13404 yuan up 18 yuan under the discount tax, 1% yuan under the quota tariff, 11351 yuan per ton, or 43 yuan. US cotton EMOT SM shipment period 7/9 month quote 70.5 points / pounds, discount slip quasi tax quote 13952 yuan / ton; 1% quota tariff port self mention 12341 yuan / ton. Brazil SM shipment period of 7/9 months quoted 68.8 cents / pound 1 cents, discount slip quasi tax offer 13785 yuan / ton fell 90 yuan; 1% quota tariff port price rise 12048 yuan / ton fell 172 yuan.