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Inside And Outside Cotton Rise Together, Gauze Price Increase Difficult To Follow Up

2013/3/13 16:37:00 17

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the first week of March 2013, the market of flower gauze has been gradually adjusted to normal operation during the recovery adjustment.

Domestic and foreign cotton prices have all risen; cotton staple prices are weakening, and the price of yarn and cloth price is still rising, dropping and dropping.

Overall performance is: inside and outside < a href= "http://cailiao.sjfzxm.com/Matertial/show/default.aspx > cotton > /a > Qi rises, gauze price increase difficult to follow up.

this week, the cotton market in the ICE period is still a strong trend.

Except for Thursday (7) due to a slight decline in profit taking, the "three Lian Yang" at the beginning of the week increased slightly on Friday.

The "three Lian Yang" strong trend of ICE cotton prices in the early days of the beginning of the week was first affected by the surge in China's futures market and traders' continued hype about the reduction of US cotton next year's area; two, the US global cotton export weekly released by the market on Thursday and the global supply and demand report released on Friday, which may reduce the global cotton output and raise the export of American cotton in the next year, and the end of the world stock market is expected to reduce the support for the market formation; and speculative buying also forms support for the recent contract formation in the early.

weekend (8 days), due to USDA (US Department of Agriculture) March report to raise the amount of cotton exports, global consumption and lower the end of the global cotton inventory; the labor department's non farm employment report exceeded analysts' expectations (8, the latest non farm employment data released by the US Department of labor) showed that the number of non farm payrolls increased by 236 thousand in the US after the 2 quarter rose, and that it was expected to increase by 160 thousand; the unemployment rate in the United States in February was 7.7%, and it was expected to be 7.9%.

It overcame the negative impact of the rise in the US dollar exchange rate, and most of the ICE contracts continued to rise.

this week's Intercontinental Exchange (ICE) cotton market is still a trend of continued strong market growth.

The recent ICE cotton 1305 contract rose 1.48 cents / pound, or 1.73%, and the weekend price was 86.88 cents / pound, insisting on running at the 80 cents / pound integer price.

The international cotton price index CotlookA (FE) increased by 1.60 cents per pound, or 1.75%, and the weekend price was 93 cents / pound.

China's cotton import price index FCIndexM rose by 0.75 cents / pound, or 0.80%, and the weekend price was 95.07 cents / pound.

cotton prices in the domestic cotton market are relatively stable this week, but they are still showing a few "cold market" situations. The hot spot of market operation is still concentrated on new cotton storage and storage.

With the rise of cotton prices on the outside market, the price of electronic discs has risen slightly.

In addition, with the sales rebound of cotton high count yarn since late February, the price of long staple cotton in Xinjiang increased by 1200-1500 yuan / ton in the middle and late 2 months.

Generally speaking, although domestic cotton supply is adequate, but because there is a downward link of the price of cotton that has been thrown and stored at the base price, it is easy to rise or fall, which has become the keynote of the "two track" operation of cotton market.

it is understood that this week cotton < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > enterprise operating rate has reached about 80%, and its more purchase intention is high-grade lint.

However, because of the very few high-grade lint resources available for circulation in the market, it can only be obtained from cotton auction and imported cotton. Therefore, the participation rate and price of the cotton auction have also been improved. At the same time, it also helps to promote the continuous increase of the price of the main cotton port in China and the rising of cotton prices in Xinjiang and real estate in recent days.

Because the new policy of collecting, throwing or storing will be introduced only after the two sessions, the market price of cotton will be more or less affected by the trend of the peripheral market in the short term. Cotton textile enterprises will continue to buy the current situation of "buy now and sell small quantities".

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according to the information feedback from the information staff, the real estate cotton spot market resources in Hebei, Xingtai, Dongguang and Hengshui are not many, but the purchase is not positive because of the cotton textile enterprises. The turnover is still light. There is no big bag of 4 grade lint 19000 yuan / ton (net weight, self lifting and carrying tickets), weak 4 grade cotton 18700-18800 yuan / ton, 5 grade cotton sales price is 16900-17000 yuan / ton, Xinjiang real estate 3 grade cotton price quoted 20300-20400 yuan / ton; India cotton S-6 quoted price is 18900-19100 yuan / ton.

and because of the serious shortage of staple cotton in Xinjiang last year, the area of long staple cotton has been compressed.

This year, the purchase price of long staple cotton is basically the same as that of fine staple cotton. Cotton processing enterprises are troubled with processing long staple cotton, and directly add long staple cotton to fine cotton, which is processed and stored locally.

As a result, the long staple cotton resources in this year are too few, and the demand for long staple cotton cotton textile enterprises revival after the Spring Festival holiday has laid the foundation for the rising price of long staple cotton.

On the 7 day, Awati, Xinjiang, produced 137 grade long staple cotton in the local warehouse. The delivery price was 25500 yuan / ton (the original certificate number sheet, the same below), 136 level 24800 yuan / ton, 237 grade 24600 yuan / ton, 236 grade 24000 yuan / ton, all of which rose by 1200-1500 yuan / ton in the middle and late half of the month.

this week is the twenty-first week of the new cotton purchase and storage paction in 2012/13. The number of storage and storage plans has been reduced compared with last week.

The weekly storage and storage volume totaled 60580 tons, 41420 tons less than last week, and the average daily storage volume was 12116 tons, which was 8284 tons lower than the average daily storage volume of 20400 tons last week.

The progress of the storage and storage of the Xinjiang cotton has obviously slowed down. The highest proportion of storage and storage on the 8 day is only 8.6%, and the ratio of storage and storage on the 6 day is only 1.7%.

As of 03 February 08, 6315680 tons were collected and 63.86% of them were stored in Xinjiang cotton.

Weekend statistics show that China's cotton price index CCindex328 has risen slightly by 18 yuan / ton, or 0.09%, and the weekend price is 19344 yuan / ton.

Electronic matching 1303 contracts accumulated slightly increased by 131 yuan / ton, or 0.65%, and the weekend price was 20152 yuan / ton.

Zheng cotton futures contract 1303 slightly increased by 85 yuan / ton, or 0.44%, and the weekend price was 19440 yuan / ton.

On Friday, the spot CCindex328 price was 808 yuan / ton lower than the electronic matching 1303 contract, and it was 96 yuan / ton lower than the 1303 contract of Zheng cotton futures.

this week, the price of raw materials of cotton staple fiber is weak and declining in the environment where the downstream demand has not yet fully recovered. However, the price of viscose staple fiber can still maintain a weak trend in a steady downward trend, while the price of polyester staple fiber continues to expand and decline under the weakening of its raw material price, giving a weak trend of "Twelve consecutive Yin".

The trend of polyester staple fiber price expansion continued to decline. First, due to the weakening impact of international oil prices, the upstream raw materials such as PTA, MEG, PET chips and so on also fell. (for example, this week's PTA futures 1303 contract price dropped 224 yuan / ton, a decrease of 2.66%; polyester chip cutting price dropped 400 yuan / ton, a decrease of 3.74%.

To suppress, two is the slow progress of the resumption of the downstream cotton textile enterprises, and the weak support caused by the lack of pure polyester and its blended yarn and cloth demand, such as the price of T32S yarn dropped by 190 yuan / ton this week, a decrease of 1.25%.

)

The production and sales rate of polyester staple production enterprises is about 50%, and the stock level continues to rise at the level of more than half a month.

viscose staple fiber price reduction slightly downward trend, one is the upstream pulp prices up slightly, the price of viscose fiber still has certain support, and the viscose staple fiber production enterprise's low inventory operation slowed down the pressure of sales; two, the downstream spinning mill raw material stocking generally to the end of 3 months, temporarily to digest raw material inventory, purchase cautious and human cotton yarn, cloth after the Spring Festival sales sluggish pull.

The combined effect of many factors and double factors has led to a stalemate in the price of viscose staple fiber, and a slight decline in the market.

weekend statistics showed that the price of PET staple decreased by 400 yuan / ton, a decrease of 3.51%, and the running price of the weekend was 11000 yuan / ton.

The price of viscose staple decreased slightly by 50 yuan / ton, a decrease of 0.33%, and the running price of the weekend was 14950 yuan / ton.

The price of polyester staple fiber and viscose staple fiber is 8344 yuan / ton, 4394 yuan / ton, respectively, than the spot price of domestic grade 328 cotton.

the gauze Market has basically entered the normal operation track this week, but the demand for downstream and terminal markets is still in the doldrums, and the paction is not ideal.

Despite the strong domestic and foreign cotton price increase after the Spring Festival, cotton textile enterprises and yarn and cloth traders have strong willingness to make up their prices, and the yarn and cloth quotes have been tentatively improved. However, most of the original quotations are still implemented in actual pactions, and only a few new orders can carry out the new quotations.

The reason is mainly due to the weakness of export and the lack of domestic sales. The domestic pure cotton yarn is still in the situation of supply exceeding demand and the price relative to imported yarn is still high.

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because of the few orders of downstream weaving, dyeing and finishing, < a target= "_blank" href= "http://www.91se91.com/" > dress < /a >, home textiles and so on, there is little demand for cotton yarn and grey cloth. Most cotton textile enterprises still sell poorly, and the quality yarn and low-grade yarn price are divided.

Except for long staple cotton high spun yarn and high count yarn, the price of other high quality yarn is improved.

the sale of imported pure cotton yarn is better than that of domestic pure cotton yarn, and the volume and price are improved.

Especially in Jiangsu and Zhejiang enterprises, the number of imported yarn purchased significantly increased, and prices also rose all the way, including India and Pakistan cotton yarn in the mainstream.

As domestic cotton prices in India have risen sharply (domestic S-6 ginning factory quotes have reached 87 cents / pound), the quotations of individual India brand C40S and below pure cotton yarn have been equal to or higher than the factory price of domestic large and medium-sized cotton textile mills.

The price of pure cotton yarn imported by a trading company in Ningbo is 23000 yuan / ton from India C16S port, the price of C21S is 23300 yuan / ton, and the price of C32S is 26200 yuan / ton.

according to the introduction of a large cotton and cotton yarn import enterprise in Zhejiang, from the time point from the order to the shipping date, there will be a large number of cotton yarn arriving in India, Pakistan, Vietnam and other countries in 3-5. The specifications are mainly C40S and below cotton yarn.

At that time, domestic cotton textile enterprises will face greater challenges in yarn sales.

It is understood that at present, the yarn stock of cotton textile enterprises is about 26 days, which is basically the same as that of a year ago and the same period last year.

Raw materials inventory for about 50 days, raw material procurement is still bidding for national storage cotton replenishment storehouse.

this week, the prices of yarn representative varieties C32SD, JC40SD, T/C65/3545SD and R30SD are rising and falling. Sales prices have risen (down) by -5 yuan / ton, 10 yuan / ton, -65 yuan / ton, -100 yuan / ton respectively, the increase (falling) is -0.02%, 0.03%, -0.31% and -0.51% respectively, and the weekend runs respectively at 25950 yuan / ton, 30830 yuan / ton, 20960 yuan / ton, 19370 yuan / ton price.

this week the grey cloth represents varieties of C32Sx32S130x7047 "twill, JC40Sx40S133x7267" poplin, R30Sx30S68x6863 "rayon fine cloth, T/C65/3545Sx45S110x7663" polyester cotton fine cloth price is stable and declining trend, sales prices have dropped by 0 yuan / m, 0 yuan / m, -0.02 yuan / m, -0.01 yuan / m, the decline is 0%, 0%, -0.40%, -0.20%, respectively, weekend running at 6.46 yuan / m, 8.98 yuan / m, 5.01 yuan / m, 5.04 yuan / M price.

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international economic developments:

8, the US Labor Department reported that the number of non farm payrolls increased by 236 thousand after the US quarter adjustment in February, which was higher than economists had expected. The unemployment rate dropped to 7.7%, the lowest level since December 2008, or better than economists expected.

According to the MarketWatch survey, economists expect an average increase of 160 thousand in non farm employment in February, while the unemployment rate remains unchanged at 7.9%.

domestic economic development:

China's official Manufacturing Purchasing Managers Index (PMI), released on February (P) 1, dropped from 50.4 in January to 50.1.

In February, HSBC's manufacturing PMI ended at 50.4, down from 52.3 in January.

Although the two main indicators are still above 50, the new index, new export orders and employment classification index decreased in February, indicating that domestic and foreign demand continued to weaken.

The market has already predicted a slowdown in the pace of expansion of manufacturing activity.

The HSBC's purchasing managers' Preview index, which was released on 25 February, was 50.4, consistent with the final value.

5, Premier Wen Jiabao said that the target of GDP growth in 2013 was around 7.5%, which is consistent with last year.

Before 2012, China's economic growth target remained at 8% for seven consecutive years, and the actual growth rate has been higher than the official target.

China's economic growth in 2012 was 7.8%.

In his last report to the National People's Congress, Wen Jiabao pointed out that this year we will strive to increase the CPI growth rate by less than 3.5%. Last year, the overall price level rose by 2.6%.

Wen Jiabao said that this year's inflation pressure is still relatively large, the price of land, labor and other factors, prices of agricultural products and services are rising pressure; the major developed countries implement loose monetary policy and continue to overweight, import inflationary pressure can not be ignored.

He also said that the role of investment in promoting economic growth should not be underestimated. The key lies in selecting the right direction, optimizing the structure and improving the quality and efficiency of investment.

The Ministry of foreign trade and Economic Cooperation issued a notice on the cancellation of passive quota restrictions on the export of some products, which officially announced the changes in the categories of the quota restrictions and related management measures.

it is understood that since December 11th this year, the European Union will cancel the quota restrictions on products exported to China in the first and second stages of the integrated list, which is notified to the WTO's textiles and clothing supervision institutions, and cancel some other categories of quota restrictions. From January 1st onwards, the United States and Turkey will cancel the quota restrictions on products exported to China in the first and second stages of their integration to the WTO textile and garment supervision institutions. The United States, the European Union, Canada and Turkey will cancel the quota restrictions on products exported to China in its third stage integration list, which is announced to the textiles and clothing supervision institutions of WTO.

Among them, some quota categories in the United States and Canada only cancel the quota quota of products under the category HS classification code, and retain the quota limits of the products under the other HS classification codes.

Some of the products in the first stage, the second phase and the third phase of the EU and Turkey have not been subject to quota restrictions in the first stage, the third phase and the third phase of the WTO's "a href=" http://cailiao.sjfzxm.com/Matertial/show/Garment_Accessories.aspx "textiles" /a "clothing supervision institution". However, our country now needs to produce textile certificate of origin when exporting these products to the EU and the Turkey.

This restriction will also be abolished in two batches from December 11th and January 1st.

On the 7 day, the General Administration of Customs released the foreign trade situation of China in the first 2 months of this year: 1-2 months, the total value of China's imports and exports was 3 trillion and 830 billion yuan (equivalent to 609 billion 310 million US dollars), and the exchange rate factor increased by 14.2% compared with the same period (the same below).

Among them, exports amounted to 2 trillion and 50 billion yuan (US $326 billion 730 million), an increase of 23.6%; the import of 1 trillion and 780 billion yuan (equivalent to US $282 billion 580 million) increased by 5%; the trade surplus was 277 billion 820 million yuan (equivalent to 44 billion 150 million US dollars), and the trade deficit was 4 billion 780 million US dollars in the same period last year.

customs statistics show that in February, the total value of China's imports and exports was 1 trillion and 650 billion yuan (equivalent to 263 billion 490 million US dollars), which was 1% higher than the exchange rate factor.

Among them, exports amounted to 875 billion 120 million yuan (US $139 billion 370 million), an increase of 21.8%; the import of 778 billion 970 million yuan (equivalent to US $124 billion 120 million) decreased by 15.2%; the trade surplus was 96 billion 150 million yuan (equivalent to 15 billion 250 million US dollars), and the trade deficit was 31 billion 980 million US dollars in the same period last year.