The transaction rate of the national reserve cotton has dropped sharply. According to traders and textile enterprises, everyone actively bid for the national reserve Xinjiang cotton. The 1-1.4 million tons of national reserve Xinjiang cotton is sold every day, while the real estate cotton trades only 3000-3500 per day. The first line of tons caused a sharp drop in the transaction rate of the national reserve cotton. The spot market has also shown the phenomenon of “heavy cotton in the countryâ€. Xinjiang Akesu, Kashgar and other major cotton areas in the spot "double 28" "double 29" hand cotton price of 16000-16300 yuan / ton (delivery, gross weight), the price remained stable. The spot price of some quality deviations has dropped slightly. For example, the 2227-level Xinjiang hand-collected cotton spot supervision warehouse has a delivery price of 15,200 yuan/ton, and the center of gravity has dropped by 100 yuan/ton.
Recently, the spring cotton sowing work in the Mainland has been basically completed. The plant height of the early planting cotton seedlings in the Yellow River Basin is 6-7 cm, and the true leaves are 4-5 pieces. The overall growth is better. Recently, the spot market in the local market fell slightly. The price of the National Reserve Xinjiang Cotton "Double 28" is 16200-16300 yuan / ton, and the price center of gravity is not volatile. During the week, the long-staple cotton market rose slightly. On the 13th, the price of 137 grade long-staple cotton in the Lulu and Jiangsu-Zhejiang provinces was 22,200 yuan/ton, and the price of 237 was 2,1200 yuan/ton, and the weekly rose at 200 yuan/ton.
According to the feedback from the manufacturers, although the price has risen, there are not many transactions, mainly due to the increase in warehousing and interest costs. During the week, the price of polyester staple fiber fell. On the 13th, the price of 1.4D straight-spun polyester staple fiber in Jiangsu and Zhejiang provinces was 7300-7450 yuan/ton, down 200 yuan/ton from the previous week; the price of viscose staple fiber was 15700-15800 yuan/ Tons, the price fluctuates little. In terms of cotton yarn, the cotton yarn market was generally stable and partially declined. During the week, pure cotton yarn transactions are still mainly concentrated in the carding 32S, 40S, combed 21S, other specifications are relatively light.
During the week, the high-count combed yarns remained stable and weak, and some of the real-selling prices fell by 200 yuan/ton. On the 13th, the prices of combed 21S and 32S in a factory in Jiangsu were 23,400 yuan/ton and 24,900 yuan/ton respectively. The price of cotton yarn with long-staple cotton as the main blending cotton was mainly weak. The market price of pure polyester yarn was stable during the week. The prices of pure polyester cotton 21S and 32S were 10,300 yuan/ton and 11,400 yuan/ton, respectively. According to market analysis, the prices of downstream grey cloths and fabrics have remained stable in the near future, and transactions are generally difficult to support cotton yarns.
Therefore, it is expected that the cotton yarn will continue to stabilize in the near future. In terms of imported yarns, according to traders, the stock of outer yarns in the port has recently reached 7.0-7.2 million tons, of which the price of Indian yarn forward contracts has fallen sharply. At the same time, the spot price of domestically imported cotton yarns has steadily increased, and the price difference between the two has gradually narrowed. . During the week, the price of bulk commodities fell, which had a slight impact on the cotton market. As a result, the current price of cotton was lower, but the market lacked confidence in the supply of high-grade cotton in the market, and the cotton price of cotton futures recovered. The downstream cotton yarn market demand situation is still good, the domestic cotton yarn competitiveness still exists, the textile and clothing export data is heating up, and it has support for domestic cotton prices.
For more information, please pay attention to the report of the world clothing and footwear network.
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