A Summary Of Market Quotation Of Changyi And Qian Qing Yarn (10.09)

Changyi: cotton price stalemate in Yin and down, import cotton quotations also sinks.

The whole cotton yarn market has been partially adjusted, there are no hot selling varieties, the price of imported yarn has been maintained, most of the manufacturers have promoted the shipment, and cotton yarn merchants have been disappearing for a long time.

The number of goods sold in the domestic market is higher than that in the early stage, and the two series of 21S and 32S are concentrated. 40S has some scattered orders.

Polyester staple fiber quotation is lower, polyester cotton yarn, pure polyester yarn sporadic trading.

Viscose staple fiber quotation maintained, human cotton yarn paction sparse, active

A series of domestic sales.

The overall atmosphere of the holiday is rather light. Today Shaoxing cotton yarn is lighter and weaker. The mainstream price of 32S combs is 23200 yuan / ton.

Cotton yarn shipments are plain, the main price is stable, the mainstream price of 30S weaving is 15900 yuan / ton, and the mainstream price of 30S knitting is 16300 yuan / ton.

Pure polyester yarn because of raw material decline, wait-and-see thick, weak price, 32S mainstream price of 13150 yuan / ton.

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In previous years, October was the peak season for cotton trade, but this year the cotton market started slowly.

Sun Liwu, an information cotton analyst at Zhuo Chuang, said that at present, there were only 260 enterprises to buy Cotton in scale, and 1300 cotton enterprises started to purchase in the same period last year, compared with more than 2500 cotton enterprises with acquired qualifications in the country, the scale of this year's scale is only 11.8%.

It is expected that cotton prices will continue to fall, which is an important reason for the poor sales of cotton market.

Since 2011, China has implemented the "market support" policy for temporary storage and storage of cotton, which has stabilized the domestic cotton purchase price. However, as the international market price continues to fall, the cost of cotton imports is significantly lower than the temporary purchase and storage price.

In recent years, domestic and foreign cotton prices vary widely.

In early 2014, the state started the pilot project of cotton target price reform in Xinjiang, and abolished the temporary purchase and storage policy.

After the temporary purchase and storage policy was abolished, domestic cotton prices began to link up with international cotton and entered the downstream channel.

Zhang Chunyou said that at present, the price of each kilogram of seed cotton is about 5.6 yuan, and the price was 9 yuan per kilogram last year, and the price dropped by more than 30%.

It is far below the cost price.

Zhang Chunyou said that because of loan repayment, workers' wages must be paid, though the price is low, and cotton must still be sold, but so many losses make cotton growers very "panic".

Ma Wenfeng, an agricultural consultancy analyst, argues that banks have tightened credit, and cotton companies have no money to buy them, which is also the cause of falling cotton prices.

Due to the drop in cotton prices and the low cotton price in Xinjiang, there is a cautious look at the demand for cotton shops.

On the official website of the Central Cotton store, the reporters found that in September, 4 textile enterprises collectively broke their contracts and abandoned the cotton that they had captured more than 1000 tons.