Xinjiang Cotton Prices Fell Slightly Concern

According to cotton prices in Korla and Akesu, the number of mainland cotton mills and operators who have seen goods, inquiries and pick-up products since June has been very scarce. On the one hand, 4 and May cotton mill and cotton enterprises actively moved to the warehouse. A large proportion of high-grade hand picked cotton in southern Xinjiang achieved sales in the mainland, and the proportion of cotton picking and low grade cotton increased in the territory. On the other hand, with the arrival of the peak season of transportation of fruits and energy, the cost of motor transportation increased by a wide margin. The direction from Akesu to Shandong and Jiangsu generally increased by 70-100 yuan / ton, and trucks were not easy to find.

Textile enterprises in Henan, Hebei and other places indicated that, due to the close storage of cotton reserves, the US cotton and Xinjiang hand picked cotton harvested in 2013/14 will be demoted, but the 40S yarn with cotton spinning is not difficult. With the beginning of 5 months, the order of high and medium count cotton yarn, high density and high density grey cloth has signs of falling down. Therefore, the strategy of replenishment with buying and buying will dominate again. Some small and medium-sized cotton mills have even controlled raw materials for 7-10 days, from the inside warehouse. Purchase Transport lint or unable to meet production needs.

On 16-17 June, the 3128 class machine picked cotton in Shihezi, Kuitun and Shawan, North Xinjiang. Selling price Down to 12300-12500 yuan / ton, the Corps's machine picked cotton price is slightly higher than 200-300 yuan / ton (gross weight pick up, public inspection original settlement); if the deduction of 500 yuan / ton cotton transportation subsidy, the enterprise needs to increase. transportation cost 100-150 yuan / ton, the mainland price is basically the same as the CF1507 contract price.

In the southern Xinjiang, 2128 and 3128 of the mainland's quoted prices were 13700-13800 yuan / ton and 13300-13500 yuan / ton, respectively, compared with the initial correction of 50-100 yuan / ton in early June. It is a common feeling for cotton enterprises to "slow down, slow down, and reduce prices". A textile manufacturer in Hebei said that the market price of cotton yarn was reduced by 200-300 yuan / ton compared with the end of May, and the confidence of downstream production was still no sign of bottoming.

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Today, polyester and staple market consolidation is the main force. The quotations of manufacturers are basically stable. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market is 7650-7750 yuan / ton, and the actual turnover is much more negotiable. The price of the polyester and short manufacturers in Fujian is reduced by around 100 yuan. The mainstream quotation of 1.4D direct spinning polyester and short market is short of 7550-7650 yuan / ton, and the manufacturer's confidence in the market is insufficient. Shandong, Hebei market short and short quotation is stable and weak, 1.4 direct spinning polyester short mainstream newspaper 7650-7750 yuan / ton to deliver, business negotiations are mostly low, the morning inquiry atmosphere is light.

Shengze market pure polyester yarn price is weak mainly, the overall trading volume is not big, 32S mainstream quotation 12100 yuan / ton up and down, 45s sales volume is relatively good, mainstream quotation 13300 yuan / ton nearby. Afternoon futures TA1509 closed up 54 points, market confidence is still insufficient, or stable and weak continue. Attention should still be paid to crude oil, PTA futures and polyester and downstream cotton mill maintenance.