Foreign Yarn Price Is Stable And Weak, Partial Turnover --SICE Daily Price Report (5.11)

domestic

1.3128B cotton 11577 increased 11; 1.5D viscose staple fiber 8500 flat; 1.4D polyester staple fiber 5650 down 50; pure cotton yarn C32S 18700 down 20; rayon yarn R30S 12300 fell 100; pure polyester T32S 9800 flat.

2. due to the relatively high price of the recent cotton futures, the buyers of spot base price responded less. A businessman in southern Xinjiang picked up the 3128 class Xinjiang base price of 250 yuan / ton, ending about 11800-11900 yuan / ton. At present, the market continues the trend of concussion, but the low position is strong, and the high level is weak. Most businesses are looking at new orders.

3. viscose staple fiber market remained calm, low price signing was maintained in the field. After the festival, there was replenishment after the resumption of the downstream cotton mills. The recent price cuts and even some factories raised hundreds of, which is of little practical significance and continues to wait and see. At present, the price of mid end viscose staple fiber is 8500-8700 yuan / ton, and the price of high-end viscose staple fiber is 8800-9000 yuan / ton.

4. Zheng cotton main 2009 contract increased warehouse shrinkage, the price dropped slightly, closing 11620, compared with the previous trading day -0.73%; the highest reported 11790, lowest reported 11565; turnover 449999, position 411136, +6573; CF5-9 month price difference 370, +15.

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5.TA2009 contract closed 3488, compared with the previous trading day -0.63%; turnover of 777541 hands, 1304084 positions, 9035, base -163.

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6. today PTA trend is weak, Zhejiang market polyester factory quotes continue to be stable, partial still slightly down. Downstream textile enterprises continue to digest inventory mainly, purchasing enthusiasm is low, the market trading atmosphere is flat. It is expected that the center of polyester core will tend to be weak in the short term. At present, the mainstream of POY 100D/36F quotation is between 5650-5750 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6400-6500 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8600 yuan / ton.

7. China Textile City passenger reduction and reduction, the total turnover of 5 million 250 thousand meters, of which 3 million 620 thousand tons of filament cloth, 1 million 630 thousand mm of short fiber cloth, of which 360 thousand cotton cloth, TC cloth 230 thousand, TR cloth 220 thousand meters, R cotton 360 thousand, other 460 thousand meters.

international

1. the import market of the yarn inner market is generally traded, and the price is still weak. The main warehouse is still a serious warehouse explosion, and the market supply of cotton yarn exceeds demand. Because of the decline in US dollar prices, foreign cotton yarn prices still have an advantage over the domestic market, and the cost of resources in June has dropped. If demand is not yet recovered, the spot price of cotton yarn may further weaken.

2. the price of imported yarn is stable and weak, and orders are closed after local price falls.

The price weakness of India's external market dropped, and a small number of local conventional varieties fell after they fell. Local traders JC32S us price is still around 2.4 U.S. dollars / kg, RMB after tax of about 20 thousand and 200 yuan / ton, turnover was light.

The price of Vietnam's external market has steadily declined, and the rise in cotton prices and the rapid fall in US dollar prices have increased the financial pressure on factories. The factory C21S US dollar price is near 2.13 US dollars / kg, RMB after tax is about 17 thousand and 400 yuan / ton.

The price of Pakistan's external market is stable, new orders for the weekend are very few, and the initial orders have been shipped recently. Siro spinning C10S US dollar price is still around 350 USD / piece, RMB after tax is about 15 thousand and 800 yuan / ton, turnover is light.

3. today's quotations from cotton to port are up or down. The shipment period of India cotton Shankar-6 1-5/32 was quoted at 7/9 cents for 69.75 cents / pound, 1 cents, 13817 yuan below 99 yuan, 1% yuan under the quota tariff, 12118 yuan per ton, or 171 yuan. US cotton EMOT SM shipment period 7/9 month quoted 69.75 points / pound 0.5 cents, the discount slip quasi tax offer 13817 yuan / ton up 39 yuan; 1% quota tariff port self reported 12118 yuan / ton up 85 yuan. Brazil SM shipment period of 7/9 months quoted 68 cents / pound 0.75 cents, discount slip quasi tax offer 13660 yuan / ton fell 67 yuan; 1% quota tariff port price rise 11819 yuan / ton fell 128 yuan.