Cotton Prices Rose Slightly, Cotton Mills Continue To Purchase

Zhou (October 28th -11 1), the domestic seed cotton purchase price rose slightly, lint prices pushed up, cotton mills continue to replenishment, the market slightly improved.

Raw materials for cotton. Cotton picking speeds up everywhere. In November 3rd, most areas in Xinjiang picked up about 90%, and the the Yellow River Valley and the Yangtze River Valley were close to 85%. The price of seed cotton increased slightly, including Xinjiang Akesu, Kashi and other areas picking cotton 6.2-6.3 yuan / kg (42% of clothing and 10% of moisture regain). The actual transaction price of "double 28" hand picked cotton was 13300-13400 yuan / ton (gross weight and vehicle outgoing library fee), and the "double 29" hand picked cotton actually made 13500-13600 yuan / ton (gross weight and vehicle outgoing fee), and the price fluctuated little. According to some manufacturers in the the Yellow River River Basin, the price of seed cotton is between 2.9-3.05 yuan and Jin, and most of them are between 38-40% and white cotton. The picking rate of long staple cotton is relatively slow. At present, the mainstream price is between 7.0-7.5 yuan / kg, down by 1.5-2.0 yuan / kg compared with 2018, and it is expected to be listed in large quantities by the middle of this month.

Other raw materials. The price of polyester staple fiber decreased slightly in all regions. In November 3rd, the 1.4D*38mm polyester staple fiber in Jiangsu and Zhejiang provinces reported 7160 yuan / ton, which fell 100 yuan / ton compared with the previous week, and sales volume was good. Viscose staple fiber prices remained stable. 1.5D*38mm viscose staple fiber newspaper 11200 yuan / ton, 1.2D*38mm viscose staple fiber reported 11100 yuan / ton, compared with the previous week, the actual business can be discussed slightly.

Pure cotton yarn. According to manufacturers feedback, the recent cotton yarn market overall stable, but the peak season is not characterized by obvious. In November 3rd, a factory in Weifang, Shandong, quoted 21000 yuan per ton of pure cotton yarn for 21S high knitting, and 22300 yuan / ton of 32S cotton yarn with high quality knitted cotton, which was flat compared with the previous trading day. In addition, the prices of 21S, 32S and 40S yarns in Shandong, Hebei and Henan are 19800 yuan / ton, 21000 yuan / ton, and 22300 yuan / ton, respectively, compared with the previous week. At present, there are two characteristics of textile enterprises. One is to start replenishment of new cotton. At present, many manufacturers are placing orders in Xinjiang, with better consistency of hand picking and machine picking cotton. The main quality is concentrated in 3128B and 2229B grade Chen cotton; two, there are generally fewer orders in recent textile mills, and production is still the mainstream.

Other yarns. According to feedback, polyester staple fiber prices remained stable. In November 3rd, a 32S polyester yarn of a factory in Weifang, Shandong, was quoted at 15000 yuan / ton (the factory was opened by ballot). There was no change in price compared with the previous week. Shandong Weifang factory 30S cotton yarn reported 17500 yuan / ton, compared with the previous week, general sales, large single volume can be negotiated.

Imported yarn. According to feedback from traders, since late October, port bonded and customs clearance inquiry and shipment did not improve with the rise of ICE and Zhengzhou. At present, the price of cotton yarn blended with internal and external yarn in C32S is 100-300 yuan / ton upside down, which is more obvious than that in September. Up to now, the number of imported yarn in port logistics area and bonded area is between 9-10 tons.