Prices Of Raw Materials Are Rising And Falling. Cotton Yarn Continues To Increase.

When Zhou (July 25-29), market rumors

The round out paction was postponed to September 30th, within weeks.

Price increases are in the balance. The spot market is still hot and prices continue to rise.

According to the enterprise, at present, Shandong and Hebei 3128 cotton prices in 15000-16000 yuan / ton, individual rose 500 yuan / ton.

However, the spot market shows that the reserve cotton is salable and the real estate spot is unsalable, which indicates that the enterprises are in favor of cotton reserves.

In addition, the state-owned cotton trading is still hot, with a high turnover rate.

In addition, according to the announcement on the arrangements for the rotation of the national cotton reserves (2016 ninth), the formula for calculating the selling base price of the cotton reserve was set up, and the reserve price was set at 14628 yuan / ton (standard class price) for fourteenth weeks (August 1st -5), compared with the thirteenth week 14376 yuan / ton price increase of 252 yuan / ton.

Zheng cotton futures plummeted in July 28th. The main 1701 contract price dropped to 710 points near the limit, and 29 points fell 770 points at 14545 points. The two trading day reached 7.91%. The rest of the contract was similar to the main contract and fell to 14000 yuan / ton.

Influenced by market information and electronic disk,

We have adopted wait-and-see and waiting modes for raw material procurement.

However, the pace of cotton yarn price rise is still uninterrupted. According to the textile enterprises in Shandong and Jiangsu, the price of cotton yarn and blending continues to increase. The price adjustment level is getting closer to the price of raw materials, and the downstream acceptance capacity is limited.

As of 29, some manufacturers in Shandong responded that the prices of combs 21S, 32S and 40S were 18600 yuan / ton, 20400 yuan / ton, 23000 yuan / ton respectively, and the overall price level rose 200-500 yuan / ton compared with the previous week.

According to the reflection of textile enterprises, first, the inventory of finished products has been increasing continuously, and the pressure of enterprises is increasing. Second, considering the existence of high risk, some enterprises are willing to produce more cotton blended varieties or purified fiber varieties.

It is understood that a large textile manufacturer in Hebei is known for its production of pure cotton yarn. Recently, it had to resume the production of polyester cotton blended yarn which had been suspended for a long time, and the quotation was lower than that of other manufacturers, attracting large numbers of customers.

According to feedback from traders, the price of Indian Pakistan yarn continues to rise. As of 29 days, the CNF quotations for OE10S, 21S and C32S yarn produced in Qingdao port and Zhangjiagang India are 1.51-1.54 US dollars / kg, 2.37-2.41 dollars / kg, 2.70-2.75 dollars / kg respectively, up by 0.02-0.03 US dollars / kg compared with the previous week.

In addition, at present, China's main external yarn inventory is at 70 thousand tons, slightly lower than the previous week.