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Pakistan Cotton Market Light, Cotton Prices Slightly Lower -- Sice Daily Market Express (7.17)

2020/7/20 13:31:00 3

Cotton Market

domestic

1.3128b cotton 12163 flat; 1.5D viscose staple fiber 8300 fell 200; 1.4d polyester staple fiber 5320 flat; pure cotton yarn c32s 18580 flat; rayon yarn r30s 12000 fell 100; pure polyester yarn t32s 9600 fell 100.

2. The cotton spot market continued to adjust, and the overall delivery was not good. The basis difference quotation of Xinjiang cotton machine picking 3128 warehouse was about 300-400, which was about 12300-12400 yuan / ton. Under the control of epidemic situation in some areas of Xinjiang, it may affect the automobile transportation out of Xinjiang.

3. The market situation of viscose staple fiber is weak, the chemical fiber factory has great inventory pressure, the downstream start-up rate is low, the yarn price continues to fall, the yarn factory is in deficit, the purchase quantity of viscose staple material is not large, and the price protection of large single price is more. At present, the price of middle end viscose staple fiber is 8200-8400 yuan / ton, and that of high-end viscose staple fiber is 8400-8600 yuan / ton.

4. Zheng Mian's main cf009 contract opened at 11925 yuan / ton and closed at 11945 yuan / ton, down 70 yuan / ton or 0.58% compared with the previous trading day. The trading volume was 237166 lots, and the position decreased by 5687 hands to 303624 hands.

       

5. Today PTA Futures Volatility weakened, Zhejiang market polyester factory prices continue to be stable. Downstream textile enterprises hold a cautious wait-and-see attitude, purchase enthusiasm is not high, polyester market transaction atmosphere is not good. The center of gravity is expected to stay in the day. At present, the mainstream quotation of POY 100D / 36F is 5200-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7900-8100 yuan / ton.

      

6. China's light and textile city passenger increase, a total of 8.41 million meters, including 5.77 million meters of filament cloth, 2.64 million meters of staple fiber cloth, including 410 thousand meters of cotton cloth, 360000 meters of TC cloth, 230000 meters of TR cloth, 970000 meters of r-man cotton cloth, and other 670000 meters.

international

1. On July 16, ice cotton market stopped falling and rebounded. The main contract settlement price in December was 62.54 cents, up 41 points; in March, the contract settlement price was 63.19 cents, up 34 points; in May, the contract settlement price was 63.77 cents, up 25 points. Other contracts were up 13-51 points.

The price of cotton is lower than inr.325.50/s. On the same day, the market volume of seed cotton was 4182 tons, including 2380 tons in Gubang and 1360 tons in MaBang.

       

3. Recently, the cotton market in Pakistan is slightly light. Although textile mills have good demand for new cotton, cotton prices in Pakistan have been slightly reduced due to the continuous decline in New Zealand and the pressure on seed cotton prices by ginners. At present, the transaction price of new flowers in Sindh is between INR 8300-8350 per maunde, and that in Punjab is about INR 8500-8600 per Maunder. In terms of the price of aged cotton, according to the quality, the intermediate grade spot delivery price is in the range of 7500-8500 rupees / maunde.

4. The spot market of import yarn inner plate is light, and the price falls. The main reason is that supply exceeds demand significantly under weak demand. The sale of goods by traders is not good, and the price of traders' buyers is very low, and there are not many transactions in the market. Since this week, many domestic cotton mill prices fell 100-200 yuan, the price of weak operation, indicating that the cotton yarn market pressure continues. In the short term, due to the continued off-season market, it is expected that the cotton yarn market will remain weak.

5. The price of imported yarn outer plate is mainly stable, and some orders can be maintained by the concession of local conventional comb varieties. In recent years, the situation of spot delivery of imported yarn is not ideal. Considering that the subsequent arrival volume is relatively large, and the price advantage of ship goods is not obvious, the purchasing intention of the external buyers is weak. In the short term, the US dollar price is under pressure, and it is expected to be stable and weak.

India's external price is mainly stable, while China's new orders are less. The trading price of jc32s US dollars is 2.35-2.36 US dollars / kg, and the RMB after tax is about 19700 yuan / ton.

Vietnam's external quotation is stable, because of the cost support, most of the yarn mills are reluctant to sell, but the cotton yarn inventory rises, and the subsequent sales pressure will increase accordingly. The floating price of oec21s in some factories is US $1.66/kg, and RMB after tax is about 13500 yuan / ton.

Pakistan's external price is mainly stable. Recently, China's inquiry is light, and the spot price of sailou's ship is inverted by 100-200 yuan / ton. The price of c10s US dollar of second-line siro spinning is 350-360 US dollars / piece, about 156-16000 yuan / ton after RMB tax, and the transaction is light.

6. The price of imported cotton in Hong Kong rose slightly today. The price of Indian cotton shankar-6 1-5 / 32 is 65 cents / pound in August / September, and 13429 tons under sliding standard tax; 11381 yuan / ton is offered by port under 1% quota tariff. The quotation of emot sm of American cotton in August / September is 72.5 points / pound, up 0.5 cents, and the quotation under sliding standard tax is 14140 yuan / ton, up 47 yuan; under 1% quota tariff, the port self-reported price is 12671 yuan / ton, up 86 yuan. The price of Brazil SM in September / November is 69 cents / pound, up 0.5 cents; the quotation under sliding standard tax is 13796 yuan / ton, up 52 yuan; under 1% quota tariff, port self raised price is 12069 yuan / ton, up 86 yuan.

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