Liaocheng: The yarn market is weak, cotton enterprises operate cautiously

This week (December 9-13), long and short factors in the periphery of the cotton market are intertwined, and the lint market is mainly stable. The downstream yarn market in Gaotang area of u200bu200bLiaocheng, Shandong is mainly weak and stable. Manufacturers buy as they use, and ginners operate cautiously, striving to survive in the cracks of the market. It is reported that the picking of seed cotton in Liaocheng, Shandong has ended, and the quality of seed cotton has decreased to varying degrees. The ginning plant purchase price is 3.10 yuan/kg (cloth 40%, moisture content below 15%), and the ex-factory price of grade 3 lint is 12,600 yuan/ton (gross weight, belt Votes), unchanged from last week. Affected by the continuous price increase of Xinjiang cottonseed purchased by local oil and cotton plants, the local wool cottonseed price rose to 1.205 yuan/kg, an increase of 0.025 yuan/kg from last week, which gave the local cotton market a slight boost. Due to the cold weather, the purchase volume of local ginning factories has decreased to varying degrees, and some manufacturers have higher purchase volume of about 30,000 jin. Lint cotton is mostly processed on orders, and shipped with the processing. There is little inventory, and the processing profit is still not ideal. It can be said that it is striving for survival in the cracks.　　 The local yarn market is weak and stable. Among them, carded ring spinning 32 yarns and 40 yarns are priced at 20,800 yuan/ton, 21,800 yuan/ton, and open-end spinning 21 yarns and 24 yarns are priced at 17,000 yuan/ton and 16,100 yuan/ton. The Zheng yarn market fluctuated and adjusted. The main contract of CY2005 was as high as 21,290 yuan/ton. The rebound was insufficient and it was difficult to support the spot market. In addition, the downstream demand was general and the yarn mill inventory was slightly overstocked. In order to avoid greater risks, the yarn mills still purchase lint cotton. Be cautious, reduce lint inventory as much as possible according to orders, and restrict the development of the lint market.　　 Zheng Mian oscillated and adjusted. The main contract of CF2005 reached 13,335 yuan/ton and the low was 13,140 yuan/ton. The fluctuation range was small, and the support for the spot was limited. Article keywords: 　Liaocheng yarn and cotton enterprises