Interpretation of the cotton market: There are increases and decreases, and the price trend is relatively “chaotic”
Fabric companies reported poor sales of cotton yarn. Due to financial pressure, the price of cotton yarn fell steadily. New cotton took advantage of the rising inertia and a small amount of yarn mills in Xinjiang were in urgent need of restocking. They miscalculated the demand and kept busy all the way. rose, but when I turned around I saw no yarn mills following up, the price of seed cotton purchases and lint sales fell significantly that week, and domestic and foreign futures fell. The national cotton price B index is 15,267 yuan/ton, which is 427 yuan/ton higher than the Zheng cotton futures CF1701 contract, which is not conducive to spot hedging and arbitrage.
Spinning yarn: Cotton yarn prices were stable last week, with some high prices There was a slight decline, and the overall shipment volume shrank compared with last week. The shipment of conventional C32S and C40S products was still relatively smooth. At present, the overall manufacturer inventory is about 10-15 days, and the load is about 70%. From the perspective of other varieties, polyester yarn is relatively stable. The price of rayon yarn has also declined due to the decline in viscose. Some prices of polyester-cotton yarn have also increased. The price of polyester-viscose yarn is slightly weaker. The popularity of conventional Cotton yarn has weakened, the price has stabilized, and the transaction volume has been average. Since the overall inventory of yarn mills has been low recently, there is no pressure for the time being. The current mainstream price of Xiaoshao C32S carded yarn is around 22,500-22,700 yuan/ton.
Nantong pure cotton yarn prices have fallen slightly, and the current C40S rapier The price is 21,600 yuan/ton without ticket. At present, local C32S goods are still available, mainly because of the demand for sanded cloth in the downstream. Driven by the rise in domestic cotton yarn prices, the imported yarn at the port has also seen an increase in quotations. The overall transaction volume has increased, and the inventory has increased. The current inventory has increased to about 70,000 tons. The price of Indian-Pakistani yarn C32SCNF is about 2.78-2.90 US dollars/kg. The quotation of Shengze polyester yarn is stable and the trading volume is light. The mainstream quotation of T32S is around 11,500 yuan/ton. The sales volume of T45S is acceptable, and the mainstream quotation is around 12,500 yuan/ton.
Shandong Changyi full polyester yarn quotations are stable, and inquiry transactions are sparse. The original white quality T32S is quoted at 13,500-13,800 yuan/ton for short delivery, and the full black yarn T32S is quoted at 13,200 yuan/ton for short delivery. The open-end polyester-cotton yarn is available for delivery, and the manufacturer’s inventory is small. A factory in Hebei offers OECVC60/4020S at 10,600 yuan/ton, and OECVC60/4020S/2 at 12,200 yuan/ton. Since the end of September, core-spun yarn orders have begun to increase significantly. Some customers have reported that recent orders have been too high and supply has become tight. The price of imitation rabbit fur 28S sold to Puyuan has increased to 24,500-25,000 yuan/ton, 5,000- yuan/ton higher than the previous period. The price is raised by 1,000 yuan/ton, and there are generally good expectations for the market in October.
Natural cotton/fabric: Cotton cloth has average sales and the overall price is stable There was a slight increase in some areas, mainly driven by cotton, cotton yarn, and the emergence of winter fabric orders. The start-up remained at a medium level, averaging around 65-70%. The overall medium and long-term orders were still relatively lacking, and there was insufficient confidence in the market outlook. Manufacturers also Take advantage of the opportunity to focus on production and shipment. The quotation of BJC21x21108x5863″ yarn card from a factory in Taihu rose slightly to 7.00 yuan/meter, up 0.30 yuan/meter from last week. The quotation of C40x40133x7263″ plain cloth from a factory in Hebei was stable at 6.90 yuan/meter. The quotation of T65/JC3545x45110x7663″ plain cloth from a factory in Qingdao was small. It rose to 5.20 yuan/meter, an increase of 0.10 yuan/meter from last week.
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