India Cotton Spot Price Rises --SICE Daily Quotes (6.4)

domestic

1.3128B cotton 11919 increased 16; 1.5D viscose staple fiber 8800 flat; 1.4D polyester short fiber 5800 flat; pure cotton yarn C32S 18720 flat; cotton yarn 12400 12400 100; pure polyester T32S 9900 flat.

2. cotton spot market adjustment dominated, a business Xinjiang cotton hand picked double 28 class Xinjiang base price quoted at 350-400 yuan / ton, currently about 12200 yuan, about single negotiation. At present, the market maintains the trend of turbulence, and the low support is strong, and the high rise is slightly weak.

3. viscose staple fiber market maintained calm, trading remained flat, chemical fiber factory actively let profits talk about shipment, downstream users to maintain wait-and-see, take goods enthusiasm is not high, buying gas needs to wait for good boost. At present, the price of mid end viscose staple fiber is 8800-8900 yuan / ton, and the price of high-end viscose staple fiber is 9200-9300 yuan / ton.

　　 4. the 2009 contract of zhengmian main contract reduced the warehouse increment, the price rose slightly, closing 11780, compared with the previous trading day +0.17%; the highest report was 11840, the lowest was 11670; the turnover 394316, the position 374282, -2633; CF9-1 month price difference 530, 0. CY2009 closed 19395, compared with the previous trading day -0.28%; the highest reported 19520, the lowest reported 19315; turnover 5695, positions 8785, -20.

5. the trend of PTA is weakening today. The quotation of polyester factories in Zhejiang market is still rising, and the discount has been narrowed. Downstream textile enterprises to purchase enthusiasm significantly reduced, more cautious and wait-and-see mentality, digest inventory mainly. In the short term, the trend of polyester centroid is narrower. At present, the mainstream of POY 100D/36F quotation is between 5650-5750 yuan / ton, and the mainstream of FDY 75D/36F quotation is between 6600-6700 yuan / ton, and the mainstream of DTY 75D/36F quotation is between 8400-8600 yuan / ton.

6. China's textile city increased incrementally, with a total turnover of 7 million 970 thousand meters, of which 4 million 920 thousand were long silk cloth, 3 million 50 thousand were short fiber cloth, including 580 thousand cotton cloth, 550 thousand TC cloth, 370 thousand TR cloth, 870 thousand R cotton cloth and 680 thousand meters.

international

On 1.6 February 3, the ICE cotton market rose for three consecutive trading days. The main contract price in July was 60.48 cents, up 11 points; in December, the settlement price was 59.73 cents, up 23 points; in March, the settlement price of the contract was 60.38 cents, up 43 points. Other contracts rose by 28-51 points.

2. India's spot price on Wednesday went up. The price of S-6 kinning plant is 32750 rupees / candi, 55.25 cents / pound. The price of J-34 in Punjab is 3673 rupees / candi, which is 59.05 cents / pound. On the same day, the amount of seed cotton listing was 12 thousand and 400 tons of lint cotton, including 5950 tons of Ma bang, 3570 tons of Gujarat and 765 tons in the north.

　　 3. the trading atmosphere of the imported yarn spot market remained 3-4, and the market price remained stable. The stock market has dropped earlier than before, but it is still relatively high, and the stock of jet spinning and siro spinning is still huge. In different regions, Jiangsu and Zhejiang provinces still perform well. Low cost resources increased to port in June, continuing to bring greater pressure to the market mentality or slow down the spot prices.

4. the market of imported yarn has little change, and the overall turnover is light. Downstream cotton mill orders are generally low, wait-and-see mood is thick, cotton yarn procurement rhythm further slowed down. Therefore, the overall purchasing atmosphere of the imported yarn market will remain cautious, with appropriate price and proper procurement.

The price of India's external market is steady, and the price of air spinning is divided. The demand in China is normal. Some of the mills are starting to produce some stocks. Local traders spun JC32S US $2.4 / kg, RMB 20 thousand and 400 yuan / ton after tax.

The price of Vietnam's external market is mainly stable, while a small number of local goods continue to run, and factories and traders are selling more pressure. With the support of cotton yarn cost, the factory has little room to make the price. C32S drifting US $2.23 / kg, RMB 18 thousand and 300 yuan / ton after tax.

The price of Pakistan is stable and weak, and buyers' purchasing intention is generally low. The main consumption of imported yarn is that the cloth factory is still on the low side. Traders second line siro spinning C8S US gold price in about 340 U.S. dollars / piece, RMB after tax is about 15 thousand and 400 yuan / ton.

5. the quotation of cotton to port increased slightly today. The shipment period of India cotton Shankar-6 1-5/32 was quoted at 7/9 cents for 66.25 cents / pound, up 0.15 cents, 13541 yuan up 8 yuan under the discount tax, 1% yuan under the quota tariff, 11609 yuan per ton, or 26 yuan. US cotton EMOT SM shipment period 7/9 month quote 70.5 points / pounds, discount slip quasi tax quote 13952 yuan / ton; 1% quota tariff port self mention 12341 yuan / ton. Brazil SM shipment period 7/9 month quoted 70.5 cents / pound 0.25 cents, the discount slip quasi tax offer 13952 yuan / ton up 25 yuan; 1% quota tariff port price increase 12341 yuan / ton up 43 yuan.