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    Australia Exported 11 Thousand And 200 Tons Of Cotton In March, Down 67%--SICE Compared With The Same Period (5.13)

    2020/5/14 11:38:00 0

    Raw Material Market

    domestic

    1.3128B cotton 11526 fell 23; 1.5D viscose staple fiber 8500 flat; 1.4D polyester staple fiber 5600 down 50; pure cotton yarn C32S 18700 flat; cotton yarn 12300 R30S flat; pure polyester T32S 9800 flat.

    2. cotton spot market continued weak adjustment trend, relatively few transactions, a commercial real estate 3127 class Shandong base price quoted -50 yuan / ton, currently about 11550 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 continued weak, chemical fiber manufacturers shipped slowly, the implementation of the previous orders and funds, the downstream yarn market continued to slump, fewer orders. 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. the 2009 contract of zhengmian main contract was reduced by warehouse increment, and the price was still in the adjustment stage, closing 11550, compared with the previous trading day -0.56%; the highest was 11655, the lowest was 11425; the turnover 440284, the position 400920, -2168; CF9-1 month price difference 490, -15.

    5. today, PTA futures are weak, and Zhejiang market polyester factory quotes are stable. Partial concessions are still enlarged. Downstream textile enterprises Procurement enthusiasm is not high, continue to digest raw materials inventory, market trading light. In the short term, the center of gravity of polyester filament is still mostly weak. At present, the mainstream of POY 100D/36F quotation is between 5600-5700 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6350-6450 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8500 yuan / ton.

    6. China's textile city increased incrementally, with a total turnover of 7 million 710 thousand meters, of which 4 million 970 thousand were long silk cloth, 2 million 740 thousand were short fiber cloth, including 590 thousand cotton cloth, 450 thousand TC cloth, 330 thousand TR cloth, 630 thousand R cotton cloth and 740 thousand meters.

    international

    The 1.12 day ICE cotton market rose sharply. The main contract price in July was 58.34 cents, up 171 points; in December, the settlement price was 57.90 cents, up 27 points; in March, the settlement price of the contract was 58.60 cents, up 28 points. Other contracts rose by 17-27 points.

    2. cotton spot prices in India remained stable on Tuesday. The price of the S-6 ginning factory is 32400 rupees / candi, 54.60 cents / pound, and the price of Punjab J-34 is 3520 rupees / mod, 56.50 cents / pound. On the same day, the amount of seed cotton listed was 5219 tons of lint, including 2329 tons in the northern region, 1870 tons in Ma bang, 680 tons in Gujarat and 340 tons in central state.

    3. Australia exported 11 thousand and 200 tons of cotton in March, an increase of 25% over the previous month, a decrease of 67% over the same period last year. In the month of export, China accounted for 38% (4210 tons), followed by Indonesia (3510 tons), Vietnam (1922 tons) and Japan (1094 tons). In the current year (8-3 months), the total export volume of cotton was about 240 thousand tons, a significant decrease of 60% compared to the same period last year.

    4. the spot price of imported cotton yarn is generally traded today. The overall market is light. Traders are mainly thinking about shipping, but sales are still slow. Last week's local speculative demand resumed, which led to a certain buffer in market price declines. Traders' quotations and bargaining prices decreased. If the situation continues, cotton yarn may slowly accumulate pressure and pay attention to whether the order can be obviously restored.

    5. the price of imported yarn is steady today. Domestic traders are generally taking the goods and the imported yarn social stocks are still high.

    India's external market price is stable, and the turnover is light. Factory air spinning OEC12S US $1.47 / kg, RMB after tax is about 12 thousand and 500 yuan / ton.

    The price of Vietnam's external market is stable, the recent inquiry continues, the purchase is light, and the price of local carding varieties is down. The factory C21S US dollar price is near 2.14 US dollars / kg, RMB after tax is about 17 thousand and 500 yuan / ton.

    Pakistan's external market price is stable and weak, and there are more recent defaults. Some suppliers will not offer any quotes. Second tier siro spinning C10S US dollar price is still near $350 / piece, RMB after tax is about 15 thousand and 800 yuan / ton, turnover is light.

    6. the quotation of cotton to port increased slightly today. The shipment period of India cotton Shankar-6 1-5/32 is quoted at 69.75 cents / lbs for 7/9 months, 13817 tons under the discount slip tax, and 12118 yuan / ton from the port under the 1% quota tariff. US cotton EMOT SM shipment period 7/9 month quoted 71.75 points / pound 1.75 cents, the discount slip quasi tax offer 14014 yuan / ton up 171 yuan; 1% quota tariff port self reported 12460 yuan / ton up 299 yuan. Brazil SM shipment period 7/9 month quoted 70 cents / pound 1.75 cents, the discount slip quasi tax offer 13843 yuan / ton up 156 yuan; 1% quota tariff port price increase 12161 yuan / ton up 299 yuan.

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