Pure Cotton Yarn Market Weak Cotton Reserve Paction Average Price Lower

During the week, cotton growth in the the Yellow River River Basin was better than that in the same period. Most cotton had entered the fifth true leaf stage. In some cotton producing areas, the height of cotton plants was 20-25cm, the true leaf was 5-6, and the fruit branch was 1-2 / plant.

The height of the early sowing cotton plants in the main cotton producing areas of the Yangtze River is about 45cm, and some individual cotton plants have begun to bud. The Late Sown cotton plants are only about 10cm and about 4 cotton leaves.

Most cotton in Akesu, Kashi and Korla entered the bud stage. Among them, the height of early sowing cotton was generally 50-60cm, fruit branch was 4-5 / plant, and the late sowing height was 30-40cm, fruit branch 2-3 / plant.

In the week, the planned number of cotton reserves was 150 thousand and 200 tons, the actual turnover was 91 thousand and 200 tons, the turnover rate was 60.7%, and the turnover rate declined. From the paction price, the average paction price was 14907 yuan / ton, down 225 yuan / ton compared with the previous week.

Week, cotton yarn market is flat, especially cotton yarn market is weak, local prices continue to fall, pure polyester yarn, polyester cotton yarn market steady, and high cost series goods are acceptable.

The price of the yarn in Ji Lu Yu market is weak and stable, and the volume of trading is small. Some manufacturers are full load production, but the profit margin is low.

Shandong, Hebei and other places

OE12S, OE16S and C32S and JC40S are still in demand while others are relatively unsalable.

It is reported that polyester staple fiber market has dropped slightly in recent years, and has formed a certain price pressure on the upstream products.

When the weekly report of USDA in June and the black slump in the US fell, Zhou cotton fell sharply, dropping to 15050 yuan / ton and gradually stabilized to 15170 yuan / ton.

At present, the output of Xinjiang cotton can be maintained at more than 10 thousand tons, and the impact on the disk will be reduced.

Since the 5 date price fell to 15500 yuan / ton in June, the warehouse account outflow rate has accelerated. As at 12, a total of 561 warehouse receipts have been cancelled and 22440 tons.

On the eve of Pakistan's Eid al Fitr Festival, Pakistan's domestic yarn demand rebounded slightly.

Over the past few weeks, the high cotton prices in Pakistan and the low operating rate of textile enterprises have offset the impact of insufficient market demand. It is expected that the price of cotton yarn will continue to be strong before the end of the fiscal year in Pakistan.

At present, Pakistan textile enterprises are facing the problem of insufficient foreign orders, and the export of cotton yarn is declining rapidly.

But in the domestic and export markets,

The demand is relatively strong.

The competitiveness of China's domestic cotton yarn has increased with the continuous increase of cotton reserves. Therefore, China's yarn imports to Pakistan have dropped significantly.

Last week, Pakistan polyester prices remained unchanged.

Over the past four weeks, the price of 1.4D polyester staple fiber in Pakistan has been maintained at 123 rupees / kg, while the import price from China is 0.98 USD / kg.

Last week, viscose fiber prices remained stable, polyester cotton (PC) and polyester (PV) yarn prices remained unchanged for four weeks.

As ICE futures continued to fall, cotton prices in Pakistan dropped slightly. Last week, the spot price of Pakistan's Chukchi dropped by 50 rupees to 6750 rupees / Mende.

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