Polyester Staple Market Is Still Weak (10.16)

Polyester staple fiber market is still weak, the downstream just need replenishment. Although the overnight crude oil slump, but PTA futures opened at a low price, and with a small rise, the market is still dominated by wait-and-see. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market reported 8400 yuan / ton up and down the factory, and the deal was sold at 8300-8400 yuan / ton.

Shandong, Hebei Market short and short quotation is still weak, enquiry atmosphere is acceptable, turnover is scattered, 1.4D direct spinning polyester short mainstream newspaper 8500 yuan / ton up and down, the individual less than 8400 yuan / ton to deliver. The impact of the oil price slump has been reduced by two times by the polyester and short manufacturers in Fujian today, 1.4D Direct spinning polyester and short Market mainstream mainstream quotation fell to 8200 yuan / ton near short delivery, downstream just need replenishment.

　　 Shandong Changyi's yarn sales are gentle, and the desire of the fabric suppliers is not strong. Pure polyester yarn has a small profit, 21S mainstream newspaper 12600 yuan / ton, 32S mainstream newspaper 13200 yuan / ton. Raw material market shocks increased, market mentality divergent. It is expected that the short and short market will be weak in the short term and the bottom market will continue to follow.

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This week, Xinjiang's long staple cotton is hot. On the 15 day, a friend of mine in Xinjiang said that these days Akesu Awati long staple cotton market was resurgent, just like last year's situation. On the same day, the acquisition price of a long staple cotton factory was 8.45-8.55 yuan / kg (lint 33%, moisture regain 9%), up 0.05 yuan / kg compared with yesterday, up 0.20 yuan / kg compared with last Saturday. This price is not the highest in Awati, the friend said, at present, the purchase price of individual manufacturers has reached 8.70-8.75 yuan / kg, up 0.50 yuan / kg compared with last week.

Speaking of why Xinjiang's long staple cotton has risen so rapidly, the friend has said three reasons: first, look for the future. Many ginning plants believe that the price of long staple cotton is 25000-25500 yuan / ton this year, while the cost of the 137 grade long staple cotton is only 23000-23300 yuan / ton. Second, fine wool cotton drive. After the national day, Xinjiang's fine wool cotton rose 0.30-0.40 yuan / kg. The price rise this week is still the same as that of long staple cotton. Third, textile enterprises are making waves.

Over the past few days, some mainland textile enterprises, especially those producing high yarn yarns, have been riding through the lanterns in various districts and counties of Akesu, showing great interest in long staple cotton and a lot of orders. "Here has become a battleground for the military." The friend told me that they were also planning to do some long staple cotton business. These two days are in contact with some ginning plants in Awati. He said that not only did the cotton mill, cotton merchants and textile enterprises not "hot" in recent years, but even cotton growers felt that their psychological expectations were "up and up". Some cotton growers thought that the price of long staple cotton seed cotton should be above 9 yuan / kg, and the pace of sale slowed down with the improvement of psychological expectation.

The author has never been to Xinjiang, listening to this friend's description, can not help but also moved. I told my friends that I would like to take the time to do so. He said, "come on, you will have more." On the evening of the 15 th, I wrote a message in my circle of friends: Xinjiang is a good place, with unlimited scenery and silver world. Do you want to go there? Received messages from friends in several circles, including Zhu Zhu of Cangzhou, who is singing wine with a few small partners. This year cotton can only see Xinjiang. These days, there are plans to go to Xinjiang. If you go, you can count one.

Heaven and earth are all people of the same way. On the 16 day, Zhu Zong made a special phone call and asked what specific directions he had to go to Xinjiang. I said, listening to friends over there, the long staple cotton is already "Zhongyuan deer is fat, invites a total of". Zhu Zong listened happily and even said three times. Then the future trend of long staple cotton was analyzed.

The following is a summary of Zhu's words, and it is released to share with you. The following are the following: first, policy benefits. Apart from the import quota of 894 thousand tons of 1% tariff this year, China will no longer issue other quotas in principle. This is facing the situation of "grain shortage" for high yarn producers, but this is good news for long staple cotton. Second, there is a big difference between inside and outside. We know that in 2013/14, domestic staple cotton was almost "straight" and almost no rebound. Why? First, the quality is too bad; two, the price is too high.

Second, imported long staple cotton has been hung upside down with domestic long staple cotton. Take the 11-12 month shipment of American Pima cotton as an example, its price is 205.5-206 cents / pound, even if the price of RMB will reach 31900-32000 yuan / ton under 1% tariff, it will hang upside down with the price of Xinjiang new long staple cotton. Third, the price difference between new cotton and Chen cotton is larger.

On the 16 th, 2013 cotton producers in Shandong and Hebei produced 137 grade 28200-28500 yuan / ton of long staple cotton in recent years, and prices remained stable in the near future. The cost of the new long staple cotton is 28500-23300=5200 yuan / ton. How will the new and old long staple cotton link up in the middle of November? Or, Chen cotton will fall off the cliff type, or the new cotton price will rise in a straight line, and it will also be likely to rise to new cotton prices and cotton prices down. "No matter what the situation is, it's good for new cotton." Zhu is always optimistic about the new season's long velvet this year and expects that there will be another possibility in the near future. I said: Zhu Zong, listening to your words, won ten years of reading. Long staple cotton has fallen to the bottom last year. This year's inflation is the main keynote. Pack up. Let's go to Xinjiang these days.