The spot market for cotton yarns is not good, and prices are stable but weak. Affected by cotton prices, cotton yarn futures prices have risen

In the off-season market, the cotton yarn market is not selling well, and prices are stable but dominated by declines. It is reported that the recovery of foreign orders for high-count yarns is not satisfactory, the price falls and the loss is large, and the phenomenon of spinning enterprises' production reduction is more common. On the whole, due to the lack of orders, the phenomenon of production reduction and shutdown of textile enterprises has increased significantly compared with last month, and the comprehensive start-up of textile enterprises has declined. It is expected that the pure cotton yarn market will remain weak this week.　　 [Market Overview] 　　 Today, the cotton spot price transaction is deserted, and the atmosphere of inquiries and pending orders is weak. A small number of textile enterprises urgently replenish the stocks for purchase at current prices. At present, the demand for pending orders is at CF09 contract 11800~11950, but the volume is small, and more pending orders are still at 11700 and below CF09 contract. Today, Zheng cotton futures oscillated and closed up. CF2009 closed at 12,130 yuan/ton, up 75; CF2101 closed at 12,725 yuan/ton, up 85.　　 Today, the direct-spun polyester short quotes are slightly lowered and continue to drop. There are fewer downstream orders. The semi-gloss 1.4D mainstream transaction center is around 5300-5400 yuan/ton. The price of pure polyester yarn in Hebei has been lowered. The mainstream price of T32S is around 9700-9800 yuan/ton. The price of polyester-cotton yarn in Fujian is negotiable. The mainstream price of TC65/35 32S is 13600-13800 yuan/ton. The viscose staple fiber market is relatively calm, and the market sentiment is not high. Due to the relatively small buying, viscose factories are currently relatively cautious in introducing promotional policies. The high-end manufacturers are currently at a low level of logical inventory, but the physical inventory has recently been at a low level. Increase status. In terms of price, the high-end firm price is less than 9,000 yuan/ton, and the mid-end center of gravity is closer to 8,600 yuan/ton.　　 The yarn spot market is still quietly traded, the downstream demand is weak, and the prices of various yarns are running weak.　　 The spot market for imported cotton yarns is lightly traded, and prices remain stable. The demand side remains weak. The cotton yarn market is still oversupply and the market is still under pressure. As the current market still has certain expectations for the recovery of demand in the market outlook, the current market selling effect is not good, and the price of cotton yarn has not fallen much. In terms of varieties, the demand for open-end spinning and knitting yarns is worse, the prices are weaker, and the price of carded knitting yarns is relatively stable. Regarding the start-up of cloth factories, the start-up of cloth factories in various places remained low, and there was no significant recovery.　　 The performance of the external market for imported yarns has not changed much. Inquiries and purchases on the part of China continue, but the transaction volume is not large. India's external disk prices remained stable, and the main local yarn mills C21S US dollars reported 2.02 US dollars/kg, and the RMB after tax was about 16,900 yuan/ton. Vietnam’s external quotations are stable, and the negotiated price of C32S jet is at US$2.28-2.3/kg, and the RMB after tax is about 185-18.6 million yuan/ton. Pakistan’s external quotations are stable, and individual traders’ first-line Sirotex C10S US dollar is reported to be US$365/ Pieces, RMB 16,300/ton after tax.　　 According to the statistics of the market volume of China Textile City, the total sales volume of grey fabrics today is 7.38 million meters, a decrease of 140,000 meters from yesterday. Among them, chemical fiber cloth sold 5.27 million meters today, accounting for 71.4% of total sales, cotton cloth sold 370,000 meters, accounting for 5.01% of total sales, and rayon cloth sold 720,000 meters, accounting for 9.8% of total sales. [Spread structure and arbitrage analysis] 　　 As of July 13, the domestic CY C32 price is 18,580 yuan/ton (0), the Indian C32S price is 18,300 yuan/ton (0), the spread is 280, and the Vietnamese jet C32S price is 18,380 yuan/ton (0) , The spread is 200, and there is no arbitrage opportunity.　　 [Technical Analysis] 　　 On July 13, due to the price of cotton, the contract price of cotton yarn 09 fluctuated and rose. The highest price was 19570 yuan/ton, the lowest price was 19420 yuan/ton, and the closing price was 19550 yuan/ton, an increase of 125 points from the previous trading day. The open interest was 8,158, which was 48 hands less than the previous trading day.　　[Market Outlook] 　　Affected by cotton prices, today's cotton yarn CY009 contract price fluctuated and rose. The cotton yarn market remained light. Due to the lack of orders, the phenomenon of production suspension of spinning enterprises increased significantly compared with the previous month. The price of cotton yarn market is expected to run weakly. It is advisable for speculators to wait and see. (For reference only) Key words of the article: 　Cotton Yarn Spot Market