Polyester And Short Market Horizontal Finishing

Polyester raw material prices are strong. Polyester and short Market The price is basically stable. The mainstream of 1.4D direct spinning polyester and short market in Jiangsu and Zhejiang is reported to be 6350-6400 yuan / ton, and the actual deal can be discussed. Fujian polyester short market quotation is stable, 1.4D direct spinning polyester and short market mainstream newspaper 6300-6400 yuan / ton short delivery, actual business negotiations, early PTA futures opened after a narrow trend of concussion.

Polyester raw material prices are strong and downstream Cotton mill Construction is resuming, and the trend is short or short.

Shandong, Hebei market short and short quotation steady, 1.4D direct spinning Polyester and short The mainstream newspaper was delivered to 6400-6500 yuan / ton, and the actual transaction concluded that the current cash flow loss was over 100 yuan. Shandong Changyi market yarn quotation stability is mainly, sales volume is not much. The price of pure polyester yarn is maintained, the mainstream of 32S yarn is 10200-10300 yuan / ton, and the imitation yarn is 9000 yuan / ton.

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After the Lantern Festival, the number of cotton enterprises started to increase gradually. A few cotton enterprises in some cotton areas began to buy seed cotton, and the three purchase price of white cotton was about 2.7 yuan / kg, down by 0.10-0.15 yuan / Jin before the Spring Festival. Affected by the global stock market crash and the fall of commodity prices, and with the news of the reserve cotton coming out of the warehouse, the cotton price has fallen down. From the market purchase and sale situation of the week, the textile enterprises have made many inquiries, but the turnover has been few. Among them, the 3129 class pick-up price is about 12500 yuan / ton, and the 4129 level is 12000 yuan / ton. The sub enterprise says that the cost of the cotton has now been upside down by 400-500 yuan / ton.

Domestic cotton market prices continued to decline slightly, of which the average price of the national cotton price A index (CNCottonA) representing mainland 2129B cotton prices was 12962 yuan / ton, down 45 yuan / ton compared with last week, and the average B price index (CNCottonB) of the national cotton price on behalf of the mainland 3128B cotton price was 12280 yuan / ton, down 76 yuan / ton.

When the textile enterprises started to start increasing in succession, the startup situation was better than expected, but it was restricted by the declining cotton market, and the sales of finished products of textile enterprises were difficult. Some enterprises continued to cut prices by 100-150 yuan / ton, of which the price of the combed 32S was 19500-19700 yuan / ton, and 40S was 21900-22100 yuan / ton, but the order was scarce.

Because of the strong atmosphere in the market, cotton is still likely to continue to fall, and textile enterprises are mostly waiting for raw materials to purchase. According to statistics from the General Administration of customs, China imported 95 thousand and 600 tons of cotton in January 2016, a decrease of 92 thousand and 300 tons, a decrease of 49.20%, a decrease of 65 thousand and 600 tons, a decrease of 40.71%, and a net import of cotton yarn of 135 thousand and 700 tons, a decrease of 14.23% compared to the same period, a decrease of 25.05% over the same period last year.

In terms of futures market, Zheng cotton continued to be weak in recent days. In February 24th, all contracts fell broadly. The main contract CF1609 increased volume, and the price slowly oscillating. The lowest point was 10290 new lows, and CF1701 contract night market was below the 10000 yuan mark. ICE futures have also fallen recently. On the 24 day, the main contract was low again, and the contract fell to 1 cents. China's huge reserves to stockpile the pressure on global cotton prices, there are no many factors in the fundamentals, short-term market will be dominated by consumption, weak pattern or continue.