The Price Of Cotton To Hong Kong Rose Slightly Today --SICE Daily Express (5.20)

domestic

1.3128B cotton 11666 increased 103; 1.5D viscose staple fiber 8800 flat; 1.4D polyester short fiber 5850 flat; pure cotton yarn C32S 18700 flat; cotton yarn 12300 R30S flat; pure polyester T32S 9900 flat.

2. the pure cotton yarn market is basically maintained, the trading atmosphere is generally normal, and there has been no further improvement since the initial improvement. Shandong's largest plant has adjusted the price according to the sales situation, for example, the price of combing class has increased by 300 yuan / ton, while the air spinning category has dropped 300 yuan / ton.

3. viscose staple factory prices remain high, order performance is dull, waiting for a new round of replenishment cycle downstream, but the demand for terminal is not large, weak expectations continue, the market outlook continues to wait and see. At present, the price of mid end viscose staple fiber is 8800-9000 yuan / ton, and the price of high-end viscose staple fiber is 9300-9500 yuan / ton.

4. Zheng cotton main 2009 contract increased warehouse reduction, the price reached a new high, closing 11800, compared with the previous trading day +0.51%; the highest reported 11955, lowest reported 11715; turnover 635286, position 415770, +5940; CF9-1 month price difference 505, -15. CY2009 closed 19340, compared with the previous trading day +0.03%; the highest reported 19660, the lowest reported 19305; turnover 10430, positions 9061, +594.

　　 5. today, the PTA futures focus is higher, and the quotations of Zhejiang polyester factories are stable. Downstream purchasing enthusiasm is high, continue to buy volume, the market atmosphere is hot. It is expected that the centre of gravity of polyester will continue to increase in the short term. At present, the mainstream of POY 100D/36F quotation is between 5550-5650 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6450-6550 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8300-8500 yuan / ton.

　　 6. China's textile city increased incrementally, with a total turnover of 6 million 960 thousand meters, of which 4 million 480 thousand were long silk cloth, 2 million 480 thousand were short fiber cloth, including 500 thousand cotton cloth, 310 thousand TC cloth, 240 thousand TR cloth, 790 thousand R cotton cloth and 640 thousand meters.

international

The 1.19 day ICE cotton market rose sharply. The main contract price in July was 59.20 cents, up 140 points; in December, the settlement price was 59.17 cents, up 124 points; in March, the settlement price of the contract was 59.84 cents, up 111 points. Other contracts rose by 46-88 points.

2. cotton spot prices in India remained stable on Tuesday. The price of the S-6 ginning factory is 32500 rupees / candi, 54.60 cents / pound, and the price of Punjab J-34 is 3650 rupees / mod, 57.05 cents / pound. On the same day, the amount of seed cotton listed was 11 thousand tons of lint, including 4760 tons of Ma bang, 3060 tons of Gujarat and 1870 tons in the north. In addition, Ande Labon, trun gaina and Capone opened the first opening since the blockade.

　　 3. the cotton market in Pakistan continued to be deserted and rarely traded. The festival begins on Friday this week and will last for a week, which will lead to a further decline in market activity during this period. At present, the cotton mill is worried about the massive backlog of Chen cotton stocks, and cotton prices are also slightly lower. According to the different quality, the middle class spot pick up price is 7600-8600 rupees / Moore.

4. in order to alleviate the economic losses of farmers during the Covid-19 epidemic, the US government proposed a subsidy of up to US $16 billion for farmers and farmers (Coronavirus Food Assistance Program, hereinafter referred to as CFAP).

5. the imported yarn market is light, stable and stable. At present, the market demand is weak, demand has not yet seen significant recovery, persistence is unknown. But traders generally look forward to the resumption of European and American demand and the resumption of domestic market demand. Local demand is constantly increasing, and the demand for market speculation is better than the actual demand in the current period.

6. the import and export of the imported yarn has been slightly weaker today, but the inquiry prices in India and Pakistan are still continuing. Some local spinning and some combing have been done. Some factories and traders on the outer market have improved their prices since last week, and the price has risen this week.

The price of India's external market is stable, and local traders and factories offer a 1-3 cent increase in price because of the fact that last week's turnover was acceptable, and the widespread artificial problems made it likely to further decline. The price of local factory C32S is US $2.18 / kg, RMB 18 thousand and 500 yuan / ton after tax.

The price of Vietnam's external market is stable. Some factories have increased their stock prices since last week, and their inventories have declined. This week, exploratory prices have risen, but most factories still have about 2 months of cotton yarn inventory. The partial C32S drifting dollar price is still 2.26-2.3 USD / kg, RMB after tax is about 1.85-1.89 yuan / ton, and the turnover is light.

Pakistan Siro textile today's inquiry increased, local traders quoted price is still high. The second tier siro spinning C10S price is US $340-350 / kg, RMB after tax is about 1.54-1.59 yuan / ton.

7. the quotation of cotton to port increased slightly today. The shipment period of India cotton Shankar-6 1-5/32 is quoted at 66.25 cents / lbs for 7/9 months, 13493 tons under the discount slip tax, and 11520 yuan / ton from the port under the 1% quota tariff. US cotton EMOT SM shipment period 7/9 month quoted 70.5 points / pound 1 cents, the discount slip quasi tax offer 13892 yuan / ton up 88 yuan; 1% quota tariff port self reported 12246 yuan / ton up 171 yuan. Brazil SM shipment period 7/9 month quoted 70.2 cents / pound 1.25 cents, the discount slip quasi tax offer 13870 yuan / ton up 127 yuan; 1% quota tariff port price increase 12195 yuan / ton up 214 yuan.