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Today's external price of imported yarn is stable but weaker--SICE Daily Market Bulletin (7.1)

by:Chengyi     2021-03-15
Domestic '1.3128B cotton 11889 rose 23; 1.5D viscose staple fiber 8500 fell 100; 1.4D polyester staple fiber 5580 fell 20; pure cotton yarn C32S 18590 fell 10; rayon yarn R30S 12300 fell 100; pure polyester yarn T32S 9800 flat.   2. The cotton spot market is dominated by wait-and-see, the spot basis price is basically stable, and trading is deserted. After the news of the dumping of the reserve is confirmed, the first day of the reserve cotton round, the market energy is mostly concentrated on the reserve round. The starting price of this round of resources is roughly around 10400-10600 yuan/ton, waiting for buyers to increase the price. The cotton yarn market showed a 'weak adjustment' trend, and the trading volume was concentrated in 32s and 40s. The production demand of the main air-jet nylon cotton cloth series was good, and the demand for other specifications was flat. In terms of the specific situation, the pure cotton yarn market showed a flat and sluggish trend, with prices steadily falling, and more on-demand purchases were mainly based on sales. The price of C32S card in the Xiaoshao market was around 18,600 yuan/ton. In terms of high-count yarns, due to the scarcity of foreign orders, the list is sold.  3. The viscose market is relatively quiet, waiting for major manufacturers to develop pricing strategies, the price center of gravity is moving downwards, downstream users maintain a wait-and-see attitude, and the long-term lack of buying performance. At present, the price of mid-end viscose staple fiber is 8600-8800 yuan/ton, and the price of high-end viscose staple fiber is 9000-9200 yuan/ton. 4. Zheng Mian's main 2009 contract to lighten up the increase, and the futures price lightened up, closing at 11785, +0.64% from the previous trading day; the highest was 11820, the lowest was 11650; the volume was 290179, and the position was 365743, -12793; CF9-January spread 575, +10. CY2009 closed at 19095, +0.16% from the previous trading day; the highest was 19180, and the lowest was 18970; the volume was 5951, and the position was 8537, +103.   5. Today's PTA futures trend is weak, and the price of polyester filament factories in the Zhejiang market is more stable, and some preferential policies have narrowed. Downstream textile companies have low purchasing enthusiasm and continue to digest their inventory, and the transaction atmosphere in the polyester yarn market is not good. It is expected that the center of gravity of polyester filaments will tend to be narrowly consolidated in the short term. At present, the mainstream quotations for POY 100D/36F are between 5550-5700 yuan/ton, the mainstream for FDY 75D/36F are between 6250-6350 yuan/ton, and the mainstream for DTY 75D/36F are between 8150-8300 yuan/ton. 6. China Textile City increased the number of visitors, with a total turnover of 7.42 million meters, of which 4.71 million meters of filament cloths and 2.71 million meters of staple fiber cloths, including 410,000 meters of cotton cloth, 350,000 meters of TC cloth and 260,000 meters of TR cloth , R cotton cloth is 940,000 meters, the other 750,000 meters.  International  The ICE cotton market closed sharply on the last trading day of 1.6. The main December contract settlement price was 60.88 cents, an increase of 125 points; the March contract settlement price was 61.54 cents, an increase of 110 points; the May contract settlement price was 61.99 cents, an increase of 94 points. Other contracts rose by 83-135 points. 2. India's S-6 ginning plant's pick-up price continued to fall on Tuesday, reported 32,550 rupees per ridge, or 54.95 cents per pound, down 0.4 cents from the previous day; Punjab J-34 price remained stable at 3510 rupees per mo Ende, fold 56.45 cents/lb. On that day, the market volume of seed cotton was 7,463 tons of lint cotton, including 3,400 tons of Mabang and 3,060 tons of Kupang.   3. Turkey imported 90,400 tons of cotton in May, an increase of 8% from the previous month and a decrease of 24% from the same period last year. Cumulative cotton imports this year were 834,900 tons, an increase of 41% year-on-year. Among the imported cotton that month, US cotton accounted for the highest percentage of 56% (51,000 tons), followed by Brazilian cotton (22,400 tons), Central Asian cotton (5409 tons), Greek cotton (4179 tons) and Mexican cotton (3577). Ton).  4. Today, the import cotton yarn market is lightly traded, the price is weak, the market demand is still weak, and the traders are not selling fast. The market demand in Jiangsu and Zhejiang is slightly better. The price of C32s woven air jet ranges from 18,300 to 18,800 yuan/ton, and the price is rather chaotic. Some parts of the Guangdong market continue to sell goods, and the demand for knitting yarn and denim yarn is very light. The price of the second-line Siro spinning C10s is about 15,300-15,600 yuan/ton including tax.  5. Today, the external price of imported yarn is stable but weak, and the transaction in China is still light. At present, the inventory of cotton gauze in weaving mills is generally high, and the growth trend is maintained. It is expected that the purchasing demand of cotton yarn from cloth mills will not rebound in the short term. India's external disk prices are weak, and its previous purchases from other countries have gradually returned to light. Carded yarn quotations are messy, and individual factories reported higher prices, with C32S US$2.28/kg and RMB 19,300/ton after tax. There is no transaction in China for the time being. Vietnam's external disk prices remained stable, the inquiry atmosphere weakened, and the transaction was light. OEC21S in some spinning mills can float US$1.66/kg, and RMB 13600/ton after tax. Pakistan's external quotations remained stable and transactions were light. The trader's second-line Siro spinning C10S US dollar quoted about 350 US dollars / piece, about 15,800 yuan / ton after tax.  6. u200bu200bToday, the quotation of foreign cotton arrival to Hong Kong steadily increased slightly. Indian cotton Shankar-6 1-5/32 will be quoted at 64.75 US cents/lb for July/September shipment, 13404 tons under discounted tax; 11,351 yuan/ton from the port under 1% quota tariff. U.S. cotton EMOT SM's quotation for shipment in July/September is 71.5 cents/pound up 1 cent, and the quoted price under the discounted tax rate is 14033 yuan/ton up 81 yuan; under the 1% quota tariff, the port's self-reported 12499 yuan/ton up 158 yuan . Brazil’s SM shipment price for July/September was 68.05 US cents/lb, and the quoted price was 13702 yuan/ton down 16 yuan under the discounted tax; the port’s self-increased price under 1% quota tariff was 11,906 yuan/ton down 14 yuan. Article Keywords:  Imported Yarn
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