Brief Comment On Ji Lu Yu Yarn Market

　　 Cotton yarn Aspects: the domestic cotton direct subsidy scheme has been introduced recently, but the actual price has not yet landed, and the downstream customers are still waiting. Spinning enterprises are still using the early price of cotton. As a result, the spot price of the old customers is slightly stable after the previous decline, but the mentality of the downstream customers basically keeps the price a single principle. One of the main representative varieties of JC40S is about 27200 yuan per ton.

　　 Polyester cotton yarn Aspects: the polyester staple lattices have all dropped slightly in recent years, and the price of cotton has been unstable. As a result, many yarn suppliers have reduced the risk from the original cotton varieties to polyester cotton varieties, resulting in the recent oversupply of polyester cotton yarn, and the overall price has declined slightly. At present, the mainstream price of Dahua T65/C35 32S polyester cotton yarn is 18000-19000 yuan / ton.

　　 Viscose yarn Aspects: viscose staple fiber prices have basically stabilized slightly, but the price of viscose yarns has not changed. At present, the mainstream price of R30S viscose yarn is 16000-16800 yuan / ton, and the lower transaction price is 15500-16000 yuan / ton.

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First, domestic cotton prices are rising and falling.

This week, cotton picking is picking up all over the country. But before the new cotton policy has been announced, the factory has a weak desire to buy and sell, and the spot price of national cotton is lower. At present, seed cotton purchase price is higher than market expectations, futures prices have rebounded. In September 12th, the average selling price of the standard grade lint in the mainland was 16789 yuan / ton, down 78 yuan / ton compared with last week, or 0.5%, down 2488 yuan / ton, or 12.9%; the average price of Xinjiang standard lint sale was 16787 yuan / ton, down 90 yuan / ton compared with last week, or 0.5%, down by 2725 yuan per ton, or 14%. Zhengzhou cotton futures contract settlement price of 14700 yuan / ton in November, up 25 yuan / ton compared with last week, or 0.2%, down 5250 yuan / ton compared with last week, or 26.3%. The national cotton trading market electronic matching transactions in November the average contract price of 14425 yuan / ton, compared with last week rose 84 yuan / ton, or 0.6%, down 5102 yuan / ton, or 26.1%.

Two, rising international cotton prices

This week, USDA cut down the output of US cotton. The international cotton traders took the opportunity to hype the US cotton resources and the international cotton prices rose. In September 12th, New York cotton futures contract settlement price in October was 70.61 cents / pound, up 4.5 cents / pound compared with last week, or 6.9%. The international cotton index (M), which represents the average value of the Chinese port's average price of imported cotton, is calculated at 1% tariff. The cost of importing the RMB is 12598 yuan / ton, up 285 yuan / ton, or 2.3%, lower than the domestic market 4191 yuan / ton, the price difference narrowed 363 yuan / ton last week. According to the sliding tax, the cost of import is 14180 yuan / ton, up 180 yuan / ton compared with last week, or 1.3% yuan, lower than the 2609 yuan / ton in the domestic market, and the price difference narrowed by 258 yuan / ton last week.

Three, domestic cotton yarn prices continue to fall

This week, the domestic yarn and cloth market was closed, and yarn prices continued to fall. In September 12th, 32 cotton combed yarn prices were quoted at 24030 yuan / ton, down 60 yuan / ton, or 0.3%, down 1785 yuan / ton compared with the same period last year, or 6.9%, and the polyester staple price was 8880 yuan / ton, down by 220 yuan / ton, or 2.4%, down by 1290 yuan / ton, or 12.7%.