Polyester Staple Market: Stalemate Wait And See

The cotton mill gradually began to recover, and the polyester staple trade was rather dull. The overnight oil slump hits the market mentality. Today, the short market is stalemate and wait-and-see. The buying atmosphere is light. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market is 7300-7400 yuan / ton. Shandong and Hebei market is short and short buying atmosphere is weak. Downstream cotton mills will start this weekend. Resumption of work At the end of the month, the price of the polyester and short manufacturers was not strong, and the price was strong. 1.4 direct spinning polyester and short mainstream newspapers were delivered to 7350-7450 yuan / ton.

this Fujian The overall performance of the polyester and short market is quiet, and manufacturers generally report on the sidelines. 1.4D direct spinning, polyester and short mainstream quotation keeps 7200-7300 yuan / ton short delivery, and enquiries are scarce, and trading is light. Shengze In the recovery of market yarn transactions, turnover was rather dull. Pure polyester yarn price maintained, 32S mainstream newspaper 11450 yuan / ton up and down, 45S mainstream reported 12400 yuan / ton nearby. Downstream cotton mill workers returned home, and the cotton mill gradually began to resume work. It is expected that the market will resume gradually next week.

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It is understood that as of the end of February, Xinjiang cotton inquiry, goods and transactions have not yet started signs, and textile enterprises and traders are still on the sidelines. On the one hand, on the one hand, the small and medium-sized mills and cloth factories in Shandong, Jiangsu, Zhejiang, Henan and other places are generally postponed to fifteen after the first month of this year, and the quality enterprises are ahead of schedule at the beginning of the month. The production of the raw materials will be delayed accordingly. On the other hand, with the continuous rise of ICE futures, the quotation of the cotton prices outside the bonded cotton and the far month ships will rise as a whole, and the quotations from the Xinjiang cotton enterprises are also true and false, and the buyers and sellers are in the exploratory state, and their sincerity is not enough.

According to the heads of some cotton and hemp companies and oil plants in the mainland, they plan to dispatch personnel to the north and the south in the early March, because the quota is only 894 thousand tons and they are concentrated in the hands of large cotton textile factories and import enterprises. The general trade enterprises are more difficult to operate importers. In addition, there is not much left in the 3128 grade real estate cotton in the the Yellow River River Basin, which has a certain substitution effect on Xinjiang cotton. The market concerns are gradually turning to Xinjiang's hand picked cotton and machine picked cotton. However, the high yield and large quantity of Xinjiang cottonseed oil and the convenience of exporting are also important reasons for the oil factory's favour of Xinjiang cotton seed.

Due to the immediate entry into March, according to past practice, from the end of March to the beginning of April, most of the cotton fields in Bachu, Mengaiti, Shache and Akesu will be sown. Therefore, the return date of cotton farmers in the mainland contracted by land this year is mostly ahead of schedule, because the proportion of agricultural materials such as fertilizers, plastic film, seeds, pesticides and other agricultural products before the Spring Festival is not high. In addition, the annual auction of land contracts for counties and townships will be held once a year.

Some farmers believe that because of the low seed cotton prices in 2014, the cotton farmers' income is generally not ideal, while the jujube, walnut and other fruit industries are less effective. Therefore, it is estimated that the land contract price will drop from 800-1000 yuan per mu last year to 600-800 yuan per mu, and the enthusiasm of farmers to rent land and package plants is still very high. Farmers in Bachu and other places appeal for credit unions and other loan banks to release "production loans" in advance according to the application amount, so as to ensure timely purchase of agricultural materials and seeds by cotton farmers.